The World Bank has significantly upgraded its forecasts for the US economy, which now estimates that the growth rate on the other side of the Atlantic will reach 2.5% this year, compared to the 1.6% it predicted in January.

In terms of global development the Organization it predicts a 2.7% rate for both 2025 and 2026significantly lower than the ten-year average of 3.1% that the global economy had recorded in the decade before Covid-19.

However, the World Bank points out that if interest rates remain high for a long time the growth rate of the world economy could be limited to 2.4%.

However, it upgrades its forecasts for growth of real world GDP from 2.4% in January to 2.6%, i.e. at the same levels as in 2023.

At the same time, it downgrades its estimates for low-income countries, specifically to 5% from 5.5% that it predicted last January.

For eurozonethe World Bank maintains its growth estimates of 0.7%, unchanged from January, while for Japan marginally downgrades its forecasts to 0.7% from 0.9% expected at the beginning of the year.

For China predicts a growth rate of 4.8% from 4.5% in January and for India from 6.4% to 6.6%.