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UN Revises India's CY25 GDP Growth Projection Down to 6.3%.

Economy Business | Dated: 18 May 2025

In May 2025, the United Nations Department of Economic and Social Affairs (UN-DESA) released its mid-year update titled "The World Economic Situation and Prospects as of mid-2025", revising India’s GDP growth forecast for Calendar Year 2025 (CY25) down to 6.3%, a decline from 7.1% in CY24.

🎯 Key Highlights:

  • - Despite the revision, India remains among the fastest-growing major economies, driven by robust domestic consumption and continued government expenditure.
  • - The report also forecasts a marginal increase in India’s GDP growth to 6.4% in CY26.

💡 Other Important Facts:

  • (i) The report was compiled by the Global Economic Monitoring Branch, part of the Economic Analysis and Policy Division of UN-DESA.
  • (ii) The global economic growth is projected at 2.4% for 2025 and 2.5% for 2026, both figures reduced by 40 basis points (bps) compared to UN’s previous projections released in January 2025.

📚 Test Your Knowledge:

What is the revised GDP growth forecast for India in Calendar Year 2025 (CY25) as per the UN-DESA report?

Correct Answer: 6.3%

🚀 Quick Recap:

About United Nations Department of Economic & Social Affairs (UN-DESA)

  • Under-Secretary-General: Li Junhua
  • Headquarters: New York