Global Economic Outlook

Global Economic Outlook aims to pool information about the latest predictions and outlooks of international institutions, selected central banks and Consensus Economics for the euro area, Germany, the USA, the United Kingdom, Japan, China and Russia. Each issue also analyses a selected topic significantly affecting the world economy or having an academic subtext.

GEO
January 2025
According to the new IMF forecast, the global economy will grow by 3.3% this year and the next, below the historical average of 3.7% (2000–2019). Further details are provided in the January GEO, with the chart in this issue illustrating uncertainty in international trade policy, which is at all-time highs and stems mainly from concerns about the future configuration of trade relationships with the USA. The thematic analysis issue looks at property market trends in selected European countries from the start of the new millennium, coupled with a simple view of property price misalignment. Details (pdf, 1.4 MB)

2025

Unless indicated otherwise, the presented data1) are taken from the official forecasts of Consensus Forecasts (CF), the International Monetary Fund (IMF), the Organisation for Economic Co-operation and Development (OECD), the European Central Bank (ECB), Deutsche Bundesbank (DBB), the Federal Reserve System (Fed), the Bank of England (BoE), the Bank of Japan (BoJ) and the Economist Intelligence Unit (EIU).

1) The CNB’s External Economic Relations Division guarantees that these data are up-to-date, but cannot vouch for their correctness and quality.