IMF report projects Brazil's GDP growth

The latest report from the International Monetary Fund (IMF), released this Tuesday (22), projects the situation of the world economy today and in the coming years. The study highlighted the improvement in the economic scenario in the United Kingdom, United States and Brazil. In countries where the currency is the Euro, there will be a drop in growth, as well as in Japan and China.

There was also emphasis on the risk to the global economy due to wars, as well as the consequences caused by the Covid-19 pandemic.

Global economic scenario

The IMF predicts an increase in global Gross Domestic Product (GDP) of 3.2% between 2024 and 2025. There will also be a decline in inflation in India, the USA and Brazil. In relation to China, there was a drop in the growth projection from 4.8% in 2024 to 4.5% in 2025.

GDP growth in Brazil

The institution updated its growth projection Brazilian economy. Even with the catastrophes caused by the floods in Brazil, the country managed to maintain a 3% growth rate this year, positively surprising market expectations. In the second half of 2024 alone, there was a 1.4% growth in Brazilian GDP.

Inflation in the world

The IMF projects a decline of 0.10 points, of 5.8% and 4.3%, in global inflation. However, although it occurs generally, disinflation will happen differently in each country. Consequently, the slowdown process will occur more quickly in richer countries.

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_{The IMF projects a direct impact on the global economy caused by armed conflicts in the Middle East (Photo: reproduction/Anadolu/Getty Images Embed)}

Middle East

Conflicts in the Middle East have had direct consequences on the world economy, particularly on commodities such as oil, which has caused great global fear over possible obstacles.

As for natural gas, the Fund highlighted that the increase in prices was mainly due to concerns regarding climate change.

Growth of world trade

The IMF revised the drop in the growth projection for imports and exports. The current expectation is an increase of 2.1% and 2.4% in imports in 2024 and 2025, consecutively. In relation to exports, the institution projected growth of 2.5% in 2024 and 2.7% in 2025. The prospect is that global trade will continue to grow, reaching an annual average of 3.2% in 2024 and 2025

Featured photo: Brazilian flag with notes from the national currency, the Real (Reproduction/Javier Ghersi/GettyImages Embed)