IMF lifts global GDP forecast to 3.2% for 2025 as US and Germany recover

The IMF’s World Economic Outlook (October 2025) raised global GDP growth forecast to 3.2% for 2025, supported by stronger recoveries in the U.S. (2.0%) and Germany (0.9%). Emerging markets remain resilient with 4.2% growth, driven by China and Turkey offsetting ASEAN softness. The IMF cautioned about persistent inflation in services and ongoing trade tensions. Analysts said improved U.S. consumer spending and European fiscal easing may sustain momentum despite high debt levels.