The world economy is set to continue its slow recovery in the new year. The World Bank predicts global GDP growth will increase from 2.6 percent in 2014 to 3.0 percent in 2015. From 1.8 percent in 2014, the developed economies are projected to reach 2.2 percent GDP growth in 2015. Sustaining their growth differential over the advanced industrialised countries, developing and emerging economies are forecast to grow by 4.8 percent in 2015.
RSM 2015-01 | World Economic Outlook 2015