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According to the U.N.’s World Economic Situation and Prospects 2024 report, which region is expected to have the highest GDP growth in 2024?
According to the U.N.’s World Economic Situation and Prospects 2024 report, which region is expected to have the highest GDP growth in 2024?
The U.N.’s World Economic Situation and Prospects 2024 report forecasts that South Asia will experience significant GDP growth in 2024. It projects that the GDP in this region will increase by 5.2%, driven largely by the robust expansion in India, which remains the fastest-growing large economy in the world. India’s growth is forecast to reach 6.2% this year. This prediction places South Asia ahead of other regions like the European Union, East Asia, and Western Asia in terms of economic growth for the year 2024, reflecting the dynamic economic activities and development in the region.