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This is driven, in particular, by the accelerating momentum in 2024 in vietnam (6.0%), the philippines (5.7%) and indonesia (5.1%), plus india, the fastest growing major. The global economy continued to see steady growth in h2 2024, driven by sustained private consumption and moderating inflation, while monetary policies started to ease in key markets. India’s economy is expected to grow by 6.7% in 2024, the highest rate among the world’s key economies.

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Growth forecasts for both china and india are revised upward, reflecting the stronger economic activity in h1 2024, particularly in private consumption and exports.

Comparative data and newest city insights will help businesses.

Key economic indicators combined with income, spending and employment data help businesses map potential market sizes. Growth will be fuelled by a positive trajectory in fixed investment, on. The scorecard is a benchmarking tool used to evaluate the consumer and economic performance of 1,000+ largest cities globally. India cities review is based on euromonitor’s city scorecard.

Global economic outlook q4 2024: Explore key economic trends, challenges, and growth projections shaping global markets and industries in the final quarter of 2024.