Macroeconomic indicators and trends

World Economy

The baseline International Monetary Fund’s forecast is for global growth to slow from 3.5 percent in 2022 to 3.0 percent in 2023 and 2.9 percent in 2024, well below the historical (2000–19) average of 3.8 percent.

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Trends of growth rates of real world GDP and global trade volumes

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Trade with China

According to the China’s General Administration of Customs, the trade turnover of China and Russia in the first half of 2023 increased by 40.6% compared to the same period in 2022 and amounted to $114.54 billion

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