Published on: January 17, 2025 / Update from: January 17, 2025 - Author: Konrad Wolfenstein
Global economic outlook: The IMF sees light and shadow in 🇺🇸 USA and 🇩🇪 Germany - Image: Xpert.Digital
Global forecasts 2025: What the IMF data means for Germany and the USA
The latest forecast from the International Monetary Fund (IMF) paints a contrasting picture of global economic development, particularly in comparison between the USA and Germany.
USA: Strong growth under Trump
The IMF foresees an extremely positive development for the United States:
- Forecast for 2025: 2.7% economic growth
- Significant upward revision of the previous estimate
- Reasons: Robust economic development and strong investments
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Germany: bleak prospects
In contrast, the forecasts for Germany are sobering:
- Expected growth in 2025: Only 0.3%
- Drastic downward correction of 0.5 percentage points
- Background: Ongoing consequences of recession and weak export performance
This forecast implies that Germany will see little growth in 2025 after two consecutive years of economic decline.
IMF recommendations for Germany
In view of the weak forecast, the IMF advises urgent measures:
- Strengthening the economy
- Promotion of investments
- Need for quick action to stimulate the economy
Global perspective
Despite the divergent developments in individual countries, the outlook for the global economy remains relatively stable:
- Projected global growth: 3.3% for 2025 and 2026
- Slight upward correction of 0.1 percentage points
- IMF assessment: “The global economy remains stable, even if the degree of stability varies greatly from country to country”
However, the IMF notes that global growth is below average compared to the first two decades of the 21st century.
These forecasts underscore the growing economic gap between the United States and Germany and the challenges that the German economy will face in the coming years.
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