A report issued by the International Monetary Fund showed that the global economy succeeded in providing a strong performance in 2024 despite interest rates rising to their highest levels in decades, wars in Europe and the Middle East, in addition to elections in major countries such as the United States and India.
According to IMF estimates, global GDP is expected to grow by 3.2 percent, while inflation rates have declined, employment growth has continued to be strong, and stock markets have risen by more than 20 percent for the second year in a row.
Spain topped the list thanks to its strong labor market and high levels of immigration. Greece and Italy also continued to recover from previous Eurozone crises, while Ireland and Denmark benefited from a boom in technology companies and the success of large companies such as Novo Nordisk.
Source (Al-Arabiya.net Website, Edited)
