Chief Economists Outlook

The May 2025 Chief Economists Outlook, released by World Economic Forum (WEF) explores key trends in the global economy, including the latest outlook for growth, inflation, monetary and fiscal policy.

Key Highlights

• The outllook underlines the exceptional uncertainty of the current economic environment, highlights key drivers and impacts, and discusses the compounding effect of an ongoing AI revolution.
• The report says that the global economic outlook has deteriorated since the beginning of the year, with increasing economic nationalism and tariff uncertainties fuelling widespread concern. However, South Asia—led by India—is being viewed as a bright spot for growth.
• The report reveals that a strong majority—79 per cent—of the surveyed chief economists see current geoeconomic developments as indicators of a major structural shift in the global economy, rather than just a temporary disruption.
• As trade tensions escalate and nationalism rises, these economists unanimously anticipate a difficult year for global growth.

(Source: WEF)