World Economic Outlook

According to the April 2025 edition of the IMF’s World Economic Outlook, India will remain the fastest growing major economy over the next two years.

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Key Highlights

• India is projected to remain the fastest-growing large economy and is expected to grow by 6.2 percent in 2025 and 6.3 percent in 2026.
• The global economic growth will be much lower, at 2.8 percent in 2025 and 3.0 percent in 2026.
• Emerging Asia: The region is also expected to grow strongly, led by India, but faces downward revisions due to global trade disruptions.

 

About World Economic Outlook Report

• The World Economic Outlook (WEO) is the International Monetary Fund’s key report on global economic trends and policy challenges.
• Published twice a year it provides projections for the near and medium term, covering advanced, emerging, and developing economies.

 

About International Monetary Fund (IMF)

• The IMF was established in 1944 in the aftermath of the Great Depression of the 1930s.
• The organization is currently composed of 190 member countries. Each member has representation on the IMF’s executive board in proportion to its financial importance.
• The primary goal of the IMF back then was to bring about international economic coordination to prevent competing currency devaluation by countries trying to promote their own exports.
• Eventually, the IMF evolved to be a lender of last resort to governments of countries that had to deal with severe currency crises.