Economy · 19 September 2024

Bloomberg and IMF forecast: China leads global growth, 2024–2029

Bloomberg and IMF forecasts put China first for contributions to global growth in 2024–2029, ahead of the G7 combined, with India second and Indonesia third.

EconomyUnited StatesChinaRussiaIndiaGermanyTürkiyeJapanBritainFrance

According to forecasts from Bloomberg and the IMF, China will make the largest contribution to global economic growth in 2024–2029, larger than that of the G7 countries combined (the United States, the United Kingdom, Germany, France, Japan and others). India will come second, contributing 14.1% of global economic growth. Indonesia is third, with 3.7% over the five years. Russia and Brazil will contribute equally, 1.8% each. Türkiye, however, will overtake Russia and Brazil in its contribution to world economic growth.

Source: Telegram @livingfireworld · 1 min read