World Economic Situation and Prospects 2024
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Protracted period of low growth looms large, undermining progress on sustainable development
The world economy continues to face multiple crises, jeopardizing progress towards the Sustainable Development Goals (SDGs). Although global economic growth outperformed expectations in 2023 with several large economies showing remarkable resilience, simmering geo-political tensions and the growing intensity and frequency of extreme weather events have increased underlying risks and vulnerabilities. Furthermore, tight financial conditions also pose increasing risks to global trade and industrial production.
"2024 must be the year when we break out of this quagmire. By unlocking big, bold investments we can drive sustainable development and climate action, and put the global economy on a stronger growth path for all. We must build on the progress made in the past year towards an SDG Stimulus of at least $500 billion per year in affordable long-term financing for investments in sustainable development and climate action."- António Guterres
Secretary-General of the United NationsThe World Economic Situation and Prospects 2024 presents an outlook for the global economy and underscores the importance of global cooperation and prudent policies to lift global growth and accelerate progress towards the SDGs.
Full Report:
- English (11 mb)
Executive Summary:
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- 中文 (200kb),
- English (134 kb),
- Français (153 kb),
- Русский (165 kb),
- Español (156 kb)
Regional Press Releases:
- Europe
Press Release:
Regional Press Releases:
- Europe
- Western Asia
- Africa
- Commonwealth of Independent States
- East & South Asia
- Latin America & Caribbean
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