The World Bank has revised its global economic growth forecast for 2025, projecting a slowdown to 2.3%, down from the earlier estimate of 2.7%. This adjustment reflects escalating trade tensions, particularly the U.S. tariff increases under President Trump, which have disrupted global trade and provoked retaliatory measures. Consequently, global trade growth is expected to decelerate to 1.8%, and inflation is anticipated to remain elevated at 2.9%. Despite these challenges, the risk of a global recession remains low, under 10%. In contrast, Sub-Saharan Africa's growth outlook has been upgraded to 3.8% for 2025, up from 3.5%. This positive revision is attributed to easing inflation, stabilizing currencies, and rebounding private consumption. However, the World Bank cautions that growth remains insufficient to significantly reduce poverty levels in the region. Overall, the global economic landscape in 2025 is characterized by heightened uncertainty and slower growth, with regional disparities influencing the outlook. #GlobalGrowth #WorldBankForecast #TradeTensions #Inflation #SubSaharanAfrica #EconomicOutlook #DevelopingEconomies #RecessionRisk #EconomicSlowdown #PolicyUncertainty
