According to the UN, India retained the title of the world's fastest growing large economy

Published on January 10, 2025
Current Context: The United Nations (UN) released the World Economic Situation and Prospects 2025 (WESP) report on January 9, 2025.
According to the UN, India retained the title of the world's fastest growing large economy
  • This report is an annual analysis of the global economic landscape, providing detailed projections and insights into economic growth trends for countries around the world.
  • For 2025, the report highlights that India has retained its title as the world's fastest-growing large economy, with an estimated growth rate of 6.6%.
  • This impressive growth is attributed to:
    • Strong private consumption, which indicates healthy consumer spending.
    • Significant investments in various sectors.
    • Robust export performance, particularly in services, pharmaceuticals, and electronics.

Question:

1 According to the World Economic Situation and Prospects 2025 (WESP) report, which country is projected to be the world’s fastest-growing large economy?

  • A) China
  • B) Brazil
  • C) United States
  • D) India
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