UN analysts predict that by 2025, global gross domestic product (GDP) growth will be only 2.4%. This figure is 0.5 percentage points lower compared to last year. According to the updated report “World Economic Situation and Prospects,” the escalation of trade disputes, particularly the introduction of new tariffs, is leading to rising prices and increasing inflation risks, especially in economies that rely on exports.
This is reported by Business • Media
At the same time, rising public debt and financial market instability complicate macroeconomic management, reducing governments’ ability to respond to emerging economic issues. Under these conditions, the growth forecast for the United States has been lowered from 2.7% to 1.8%, and for China from 4.6% to 4%.
Impact on Ukraine and Russia
According to UN estimates, Ukraine will remain vulnerable to the “security situation,” the functioning of the Black Sea corridor, and the need for international financial assistance. The cost of post-war recovery for the Ukrainian economy is currently estimated at $524 billion.
A significant slowdown in economic growth is observed in Russia, where GDP is expected to increase by only 1.5% in 2025. The main reasons for this are a labor shortage, a tight monetary policy, and the burden of sanctions.