Recession In 2024 World. After several years of negative shocks, global growth is expected to hold steady in 2024 and then edge up in the next couple of years, in part aided by cautious monetary. Global headline inflation is expected to fall to 5.8 percent in 2024 and to 4.4 percent in 2025, with the 2025 forecast revised down.

How the pandemic has changed the world economy. The forecast for global growth five years from now—at 3.1 percent—is at its lowest in decades.