Recession In 2024 Worldwide. After global growth exceeded expectations in 2023, businesses’ perceived probability of a global recession has fallen substantially in 2024, according to oxford. The global economy is perilously close to falling into recession, according to the latest forecast from the world bank.
The world economic forum’s latest chief economists outlook finds that just over half of chief economists anticipate the global economy to weaken this year. A third of the global economy will be in recession this year, the head of the international monetary fund (imf) has warned.