Global Growth is set to continue through 2015 | Division for Inclusive Social Development (DISD)

According to new statistics, the modest global economic growth that the world is experiencing is expected to continue throughout the rest of 2015 and into the next year. This data came from the UN World Economic Situation and Prospects Update as of mid-2015; according to this report the world gross domestic product grew from 2.6% to 2.8%

This recent drop can be accredited to the recent drop in oil and other commodities. Since the global financial crisis, the world has been experiencing low growth in the economy which has been becoming the norm. This small growth is because of the weakness in investment worldwide. This weakness in investment could continue to hold back growth in the years to come.

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