https://sputniknews.in/20231114/imfs-october-economic-report-growth-in-india-decline-in-europe-5395207.html
IMF's October Economic Report: Growth in India, Decline in Europe
IMF's October Economic Report: Growth in India, Decline in Europe
Sputnik India
Asia is expected to have the highest economic growth, while the EU will have the lowest, according to the IMF report.
2023-11-14T20:19+0530
2023-11-14T20:19+0530
2023-11-14T20:19+0530
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According to the October update of the International Monetary Fund's (IMF) World Economic Outlook, India's economy will grow 6.3 percent in 2023, higher than the earlier forecast of 6.1 percent.In contrast, the growth rate of emerging and developing economies is projected to decline slightly to 4.1 percent in 2022 and 4.0 percent in both 2023 and 2024. It should be noted that despite Western sanctions, Russia has managed to achieve economic growth for two consecutive years. Check out Sputnik's infographics to learn more!
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imf report, imf global report.sia is expected to have the highest economic growth, while the eu will have the lowest, according to the imf report, international monetary fund, imf, imf world economic outlook, india's economy growth in 2023, economic growth in asia, global south, global economy growth, russian economic growth, global gdp markers, gross domestic product data, countries gdp growth rate, n contrast, the growth rate of emerging economies, developing economies gdp growth rates
IMF's October Economic Report: Growth in India, Decline in Europe
Asia is expected to have the highest economic growth, and the EU will have the lowest, according to the latest report by the International Monetary Fund.
According to the October update of the International Monetary Fund's (IMF) World Economic Outlook, India's economy will grow 6.3 percent in 2023, higher than the earlier forecast of 6.1 percent.
The IMF's projections state that global growth will slow from 3.5 percent in 2022 to 3.0 percent in 2023 and 2.9 percent in 2024. Advanced economies are also expected to contract from 2.6 percent in 2022 to 1.5 percent in 2023 and 1.4 percent in 2024.
In contrast, the growth rate of
emerging and developing economies is projected to decline slightly to 4.1 percent in 2022 and 4.0 percent in both 2023 and 2024.
It should be noted that despite
Western sanctions, Russia has managed to achieve economic growth for two consecutive years.
Check out Sputnik's infographics to learn more!
