Global Recession 2024 India. Global growth is projected to be in line with the april 2024 world economic outlook (weo) forecast, at 3.2 percent in 2024 and 3.3 percent in 2025. While the global economy has managed to stave off recession, albeit narrowly, it has suffered significant volatility and unpredictability during the past year.

While the global economy has managed to stave off recession, albeit narrowly, it has suffered significant volatility and unpredictability during the past year. The global recession is unlikely to happen as the inherent resilience of individual economies has withstood the pressures much better, said rbi governor.