Global economic growth could slow to 2.3% due to trade tensions, says UN trade agency
Published by Global Banking & Finance Review®
Posted on April 16, 2025
1 min readLast updated: January 24, 2026
Published by Global Banking & Finance Review®
Posted on April 16, 2025
1 min readLast updated: January 24, 2026
The UNCTAD projects global economic growth to slow to 2.3% by 2025 due to trade tensions, indicating a recessionary trend.
GENEVA (Reuters) - Global economic growth could slow to 2.3% as trade tensions and uncertainty drive a recessionary trend, the UN Trade and Development (UNCTAD) agency said on Wednesday.
"Global growth is projected to slow to 2.3% in 2025, placing the world economy on a recessionary path," the UNCTAD said, citing a report it published on the trade and development outlook for this year.
The global economy grew by 2.8% in 2024, according to the agency.
(Reporting by Olivia Le Poidevin, Editing by Rachel More)
The main topic is the projected slowdown of global economic growth to 2.3% by 2025 due to trade tensions, as reported by UNCTAD.
The UNCTAD report suggests that global economic growth is slowing down due to trade tensions and uncertainty, leading to a potential recession.
According to UNCTAD, the global economy grew by 2.8% in 2024.
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