Us Gdp 2024 Growth Projections. The latest world economic outlook reports stable but underwhelming global growth, with the balance of risks tilted to the downside. Global growth is projected to stay at 3.1 percent in 2024 and rise to 3.2 percent in 2025.
In cbo’s projections, real potential gdp grows at an average rate of 2.1 percent a year from 2024 to 2029—slightly higher than the average rate since the business cycle peak in 2007—and then slows to an average growth rate of 1.8. Elevated central bank rates to fight inflation and a withdrawal of fiscal support amid high debt weigh on economic activity.