Central Asia

EDB Reports Record Economic Growth in 2024 in Eurasia, Projects Moderate Growth Ahead

By Aida Haidar on 6 December 2024

ALMATY – The Eurasian Development Bank (EDB) region closed 2024 with record-breaking economic growth exceeding 4%, significantly outpacing the global average of 3.2%. On Dec. 5, EDB analysts presented their macroeconomic forecast for 2025–2027, predicting a moderation of the region’s growth rate to around 3% in 2025. This impressive...