Recession In 2024 Worldwide. The global economy is expected to remain uncertain throughout 2024. Elevated central bank rates to fight inflation and a withdrawal of fiscal.

We see a 25% chance of recession by the first half of 2024, 45% by the second half of 2024 and 60% by the first half of. The global economy is perilously close to falling into recession, according to the latest forecast from the world bank.