The
world economy is entering 2025 amid numerous risks. As noted by experts from
the Roscongress Foundation in a new research paper, Key Events of 2025:Geoeconomics. Forecasts. Major Risks, it will grow by around 2.5%. At the same
time, the two largest economies, the US and China, will experience a slowdown.
According to the authors, the key trend of 2025 will be further fragmentation
of the global economy.
International
trade will increasingly become an arena of geopolitical struggle and the world
will face its consequences: leading central banks will reduce key interest rates
to stimulate the growth of economies.
According to the analysts, even if 2025 does not bring new major
military conflicts, geopolitical tensions will put pressure on the global
economy. Escalation of regional conflicts, especially in the Middle East, will
pose serious risks to commodity markets and international logistics, thus
increasing inflationary pressure.
In addition, the oil market is also facing a new price war. The cost of
oil in 2025 will be in the range of USD 65 to USD 85 per barrel.
If large-scale trade wars occur, the price will fall closer to USD 60, and a sharp
escalation of the conflict in the Middle East may cause short-term movements up
to the level of USD
100 a barrel. The most significant
factors for the market will be weakening demand for oil in developed countries
and the likelihood of Saudi Arabia’s return to a price war with US shale.
At the same time, the development of the digital economy will require an
increasing amount of electricity for data centres, artificial intelligence (AI)
and cryptocurrency mining. According to forecasts by Foundation analysts, the
natural gas industry will receive a boost from the growing demand for this major
energy demand, and the next two to five years will be the era of natural gas.
In
terms of trends in the Russian economy, the coming year will not be easy. As
the experience of the first three years of anti-Russian sanctions, the most far-reaching
sanctions in the history of the world’s economy, shows, instead of a widely
expected decline, the Russian economy almost immediately went into a mode of
steady growth. This even resulted in mobilizing trends in the economy and in
the social sphere. The country’s economic growth is expected to reach 0.5-1.5%
in 2025. Sanctions pressure will nevertheless limit the growth of exports and
imports, complicating logistics and increasing transaction costs. There may be
a slowdown in the construction sector and manufacturing industries, with
notable growth in the military-industrial complex.
The stock market
will also remain under pressure, while the share market is expected to decline.
The Roscongress Foundation experts note that the Central Bank of Russia’s high
rates will be maintained throughout the coming year and part of 2026.
The full text of
the analytical review is available on the website
of the Roscongress Foundation and on the Roscongress
Foundation’s Yandex Zen channel (in
Russian).
The Roscongress Foundation is a socially oriented non-financial development institution and a major organizer of nationwide and international conventions; exhibitions; and business, public, youth, sporting, and cultural events. It was established in pursuance of a decision by the President of the Russian Federation.
The Foundation was established in 2007 with the aim of facilitating the development of Russia’s economic potential, promoting its national interests, and strengthening the country’s image. One of the roles of the Foundation is to comprehensively evaluate, analyse, and cover issues on the Russian and global economic agendas. It also offers administrative services, provides promotional support for business projects and attracting investment, helps foster social entrepreneurship and charitable initiatives.
Each year, the Foundation’s events draw participants from 209 countries and territories, with more than 15,000 media representatives working on-site at Roscongress’ various venues. The Foundation benefits from analytical and professional expertise provided by 5,000 people working in Russia and abroad.
The Foundation works alongside various UN departments and other international organizations, and is building multi-format cooperation with 212 economic partners, including industrialists’ and entrepreneurs’ unions, financial, trade, and business associations from 86 countries worldwide, and 293 Russian public organizations, federal and regional executive and legislative bodies of the Russian Federation.
The Roscongress Foundation has Telegram channels in Russian t.me/Roscongress, English – t.me/RoscongressDirect, Spanish – t.me/RoscongressEsp and Arabic t.me/RosCongressArabic. Official website and Information and Analytical System of the Roscongress Foundation:roscongress.org.