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World economic growth forecast reviewed upward

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Brussels, May 2 (Prensa Latina) A report released today in Brussels by the Organization for Economic Cooperation and Development (OECD) raised its forecast for world Gross Domestic Product (GDP) for 2024.

Said report considered the increase in 3.1 percent from the 2.9 percent forecast last February, according to the entity’s press release.

They specified that the global GDP forecast of 3.1 percent in 2024 will be surpassed by 3.2 in 2025, little change compared to 3.1 percent in 2023.

The report also indicated that global growth in 2023 continued at an annual rate above three percent despite a drag caused by tighter financial conditions and other adverse factors, including geopolitical conflicts.

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