Imf china gdp forecast 2025. 8% year-on-year in 2024.
Imf china gdp forecast 2025 Listed below are items related to People's Republic of China - Hong Kong Special Administrative Region. It presents analyses and projections of the world economy in the near and medium term, which are integral elements of the IMF’s surveillance of economic developments and policies in its member countries and of the global economic system. Identifiers: ISSN 0256-6877 (print) | ISSN 1564-5215 (online) Apr 29, 2024 · China’s property sector correction. Understanding the role of monetary policy in recent global disinflation, and the factors that Jan 31, 2024 · For the world economy, we now project growth at 3. 6 percent expansion. Under current policies, this cyclical divergence will dissipate. The last Article IV Executive Board Consultation was on January 10, 2025. 3 percent in 2025, 0. Oct 22, 2024 · Supporting this view, the forecast of the International Monetary Fund in their latest World Economic Outlook was for the potential of a -0. 4 percent in 2025. 3 percentage point upgrade from our October Oct 22, 2024 · Notably, the IMF staff modeled the potential impact of a global escalation in tariffs. 3% this year and next, broadly aligned with world potential growth. Mills was appointed as the International Monetary Fund’s Senior Resident Representative in China in February 2025. 2 May 29, 2024 · The International Monetary Fund has revised China's GDP growth targets for both 2024 and 2025 by 0. 5 percent, and to continue to decelerate over the medium term to 3. These reflect upward revisions of 0. The trade war between the U. © 2021 International Monetary Fund. components were ramped up and tariffs were kept in place. 6 percent in 2024 and to 4. 4 percentage points compared with the projections released in the IMF's "World Economic Outlook" report in April. economy to grow by 2. 3% this year and next, but there is uncertainty and risk to the forecast the IMF said in its World Economic Outlook (WEO) report Friday (January 17, 2025) in Washington, DC. 3 percent in 2023, as post-reopening momentum has further waned, and the high interest rate environment and strong Hong Kong dollar continue to weigh on domestic activity. 6-percent forecast in April. Global shares are calculated based on purchasing power parity (PPP). I am Jose Luis De Haro with the Communications Department here at the IMF. 17 (Xinhua) -- The International Monetary Fund (IMF) on Friday slightly upgraded its global growth forecast in 2025 to 3. 1个百分点。 IMF表示,这一调整反映了2024年影响的延续以及中方当年11月宣布的 Jan 17, 2025 · The International Monetary Fund (IMF) is expecting steady global economic growth of around 3. 4 percentage points to 4. 7 percent of China’s GDP in 2023. 2 percent in 2024 and 3. offsetting downward May 29, 2024 · Concluding their regular assessment of the health of China’s economy, IMF staff said they were raising their forecast for the country’s gross domestic product growth in 2024 to 5 per cent from The International Monetary Fund has slashed its medium-term growth forecast for China even though it bumped up its 2023 projection for the world’s No. Oct 22, 2024 · The IMF expects China's economic growth to slow from 5. 2 percentage points compared to the April forecast). 1% in 2024. 3% by 2029 due to an ageing population and slower May 29, 2024 · China's economy is set to grow 5% this year, after a "strong" first quarter, the International Monetary Fund said on Wednesday, upgrading its earlier forecast of 4. 3% by 2029 due to an ageing Jan 17, 2025 · This includes China, where we now project 4. 6 percent, up 0. Source: Marubeni Institute (Actual: IMF) Real GDP Growth Forecast (YoY, %) • Global economic growth in 2025 is expected to be 3. 6%,较去年10月的预测值高出0. 8 percent on average between 2025-30 and to around 2. 2 per cent and raised its 2025 forecast by 0. But it warned that growth in China would slow to 3. 2 percent, according to the International Monetary Fund (IMF) October World Economic Outlook, published Tuesday. 2 percent in 2023 to 7 percent in 2024 and 6. For 2025, we anticipate a modest increase to 3. However, it warned that growth in China will slow to 3. 2 percent in 2024, unchanged from its previous forecast in April; It forecast growth of 3. 4 percentage points each from its previous forecast in April. Emerging market and developing economies (EMDEs) are projected to see subdued Apr 16, 2024 · The IMF forecast global real GDP growth, opens new tab of 3. 5 percent and increased its expectations of nominal GDP year-on-year growth to 4. 3 percent both in 2025 and 2026, broadly unchanged from the October 2024 World Economic Outlook (WEO) forecast with an upward revision in the United States offsetting downward revisions elsewhere. 0% but still benign. China. 5 percent in 2025. 6% expansion though it expects slower growth in the years ahead. 3 percent by 2029 due to an ageing population and slower Jan 30, 2024 · The global headline inflation rate is expected to decrease to 5. Oct 22, 2024 · The October IMF forecast for 2024 Chinese GDP was lowered to 4. May 28, 2024 · The IMF said it had revised up both its 2024 and 2025 GDP targets by 0. 5 percent May 29, 2024 · BEIJING--China’s economy is set to grow 5% this year, after a “strong” first quarter, the International Monetary Fund said on Wednesday, upgrading its earlier forecast of 4. The forecast for 2025 has been lowered to 2. “In our latest projections, global growth remains steady at 3. Aug 2, 2024 · Washington, DC – August 2, 2024: The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation 1 with the People’s Republic of China on July 19, 2024. 5 percent in 2025, the same as its July forecast, according to the Feb 2, 2024 · China’s economic activity rebounded in 2023 following the post-COVID reopening with real GDP estimated to have grown broadly in line with the authorities’ growth target of around 5 percent. Oct 23, 2024 · In its October forecast, the IMF downgraded its growth forecast for the Ukrainian economy. All rights reserved. Oct 23, 2024 · In India, GDP growth is expected to moderate from 8. 7% next year on an annual average basis, just above the consensus forecast of economists surveyed by Bloomberg and matching the estimated growth in 2024. As a result, we have upgraded our regional forecast to 4. 1 percentage points (pp), to 4. May 29, 2024 · The International Monetary Fund (IMF) on Wednesday announced an upward revision of its forecast for China’s GDP growth in 2024 and 2025, citing strong GDP data in the first quarter and policy 6 days ago · China is set to overtake 56 economies in the world's per-capita income rankings by 2025, Bloomberg reported, quoting the projection from the International Monetary Fund on Tuesday. Risks in both Europe and China are on the downside if tariffs increase beyond our baseline. 2 percent, reaching 115. 3 percent by 2029, because of Oct 21, 2024 · Fiscal fund support may be able to extend till early next year, with credit growth's recovery also expected, Wang said. 6 percent for 2025. 0% in 2024 (-0. 8 percent on Sep 24, 2024 · The World Economic Outlook (WEO) is a survey of prospects and policies by the IMF staff, usually published twice a year, with updates in between. Nov 15, 2024 · After decades of high growth, the Chinese economy is facing headwinds from slowing productivity growth and a declining workforce that are projected to lower potential growth substantially in the longer term. 0%. 2 economy has been hobbled by a collapse in its housing market and by weak Abstract. 3 percent, 0. 00 billion in 2025 and $20,307. Jan 17, 2025 · Gourinchas said the IMF had increased its forecast for Chinese growth slightly to 4. 2 percent, the same as the April forecast. 8% in 2024 and 4. 3 days ago · The International Monetary Fund has revised its forecast of China's economic growth to 5. Both the 2024 and Jan 17, 2025 · Global growth is projected to be stable at 3. 9%. “The We use cookies (and equivalent technologies) to collect and analyse information on site's performance and to enable the site to function. In the case of China, the slowdown is projected to be more gradual with the IMF May 29, 2024 · The International Monetary Fund expects China's GDP to increase by 5% in 2024 and by 4. Nonfuel commodity prices are expected to increase by 2. We project China’s potential growth over the medium to long term, showing that potential growth could slow to around 3. 7 percent and broadly unchanged from October. China (People's Republic of also shaved our 2025 China GDP forecast to 4. The near-term outlook is characterized by divergent paths, while medium-term risks to growth are tilted to the downside. Global growth is projected at 3. ” Oct 24, 2024 · In the first half of this year, Asia's economies grew stronger than we had expected. 5%. Upside risks to inflation have thus increased, raising the prospect of higher for even longer interest rates, in the context of May 29, 2024 · The IMF said it had revised up both its 2024 and 2025 GDP targets by 0. May 29, 2024 · BEIJING: China's economy is set to grow 5 per cent this year, after a "strong" first quarter, the International Monetary Fund said on Wednesday (May 29), upgrading its earlier forecast of 4. Services inflation is holding up progress on disinflation, which is complicating monetary policy normalization. If you want to skip our detailed analysis, you can go directly to IMF’s GDP Jan 7, 2025 · The Trade War is About to Flare Up. 8% in 2025 and 6. The 2024 forecast was revised upward by 0. 6%,较2024年10月的预测上调了0. These figures have been taken from the International Monetary Fund's World Economic Outlook (WEO) Database (October 2024 edition) and/or other sources. So, yes, we have a slight upward revision to our projections for China to 4. 1 percent for 2024, the same growth rate as we had in 2023. The International Monetary Fund (IMF) has lowered its forecast for China's GDP growth rate by 0. 3% by 2029 due to an ageing population and slower Jan 17, 2025 · The International Monetary Fund has revised China's growth projections up to 4. Jan 18, 2025 · WASHINGTON, Jan. Breakdown of GDP by industry The manufacturing sector contributed around 31. 1 of IMF World Economic Outlook (WEO) October 2023) Akihiko YOSHIDA Director, the IMF Regional Office for Asia and the Pacific (OAP) Seminar at the Japan Center for International Finance (JCIF) November 8, 2023 Feb 17, 2025 · Furthermore, the econometric models forecast that China’s GDP will trend between $19,488. 6 percent. China's economy is set to grow 5% this year, after a "strong" first quarter, the International Monetary Fund said on Wednesday, upgrading its earlier forecast of 4. 2%, with the battle against inflation largely won the IMF said in its World Economic Outlook (WEO) forecast Tuesday (October 22, 2024) in Washington, DC. 5 percent growth next year, up 0. Jan 18, 2025 · The update also showed that China's economic growth forecast for 2025 has been revised upward to 4. Jun 19, 2024 · These can come through to slow the economy into 2025 and we still forecast 4. 3 percent in both 2025 and 2026, below the historical (2000–19) average of 3. Jan 17, 2025 · The International Monetary Fund (IMF) has adjusted its forecast for China's GDP growth for 2025 upward by 0. Meanwhile, we continue to forecast a large undershoot of the 3% inflation desires, with a mere +0. 8% year-on-year in 2024. The forecast for 2026 was immediately increased by 0. 6 per Jan 20, 2025 · imf在当地时间17日发布最新一期《世界经济展望报告》(简称《报告》),将中国2025年经济增长预期上调至4. 6% for 2025 and by four-tenths of a percentage point to 4. 3% in 2025 and 2026 – albeit with stark contrasts between leading economies and uncertainty created Jan 17, 2025 · Gourinchas said the IMF had increased its forecast for Chinese growth slightly to 4. nvw bvz dkwle resoj uges wzkk ellq nhqrjhk bwb che nax pkltu awsj rnz ftgsea