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Global economy heads into November with rising headwinds

Weakening global growth and policy uncertainties spark concerns over the post-pandemic economic recovery.
As of early November 2025, the global economy is showing signs of slowing momentum with growth projected at just around 3.3 % in 2025-26, according to the International Monetary Fund. Risks from geopolitical tensions, policy fragmentation and inflation-stickiness are mounting, while export-led nations face structural drag. Despite resilient equity markets, beneath the surface global trade, investment and services growth are under strain, raising concerns about the durability of the post-pandemic recovery.