Which economy did best in 2024?
We rank countries on five measures
Interest rates at their highest in decades, wars in Europe and the Middle East, elections in countries as important as America and India. No matter. The world economy delivered another strong performance in 2024; according to the IMF, global GDP will grow by 3.2%. Inflation has eased and employment growth remains solid. Stockmarkets have risen by more than 20% for a second consecutive year.
This article appeared in the Finance & economics section of the print edition under the headline “Podium places”
From the December 14th 2024 edition
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