Insight
Global economic outlook Q4 2024: brace for protectionism
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The global economy will enter 2025 in good shape. An upgrade to historic US GDP provides a favourable base effect for the forecast. Easing inflation and interest cuts in major developed economies will boost industrial output. The pivot to investment and industrial production will gain momentum. China’s economic stimulus measures will drive growth back to 5% in 2025. We are forecasting gross domestic product (GDP) growth to accelerate in 2025. However, the risk of trade protectionism escalating is looming. President-elect Trump’s proposed tariffs and the potential for global retaliation are key risks.
Table of contents
- Executive summary
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Asset Report
Seagull
The Seagull high pressure/high temperature (HP/HT) field lies in the Central North Sea, 17 kilometres south of the ETAP (BP) Central ...
$3,720
Asset Report
Svalin
The Svalin development is located eight kilometres southwest of the Grane oil field, in the central North Sea.
$3,720
Asset Report
Tyra - NOGAT Pipeline
In 2003, the Danish Underground Consortium (DUC) companies and DONG Energy (now Orsted) agreed to build a pipeline linking the Tyra ...
$2,580
