The global economy enters the second half of 2025 with growth stuck at its weakest multiyear pace outside of major crises, as high interest rates, geopolitical tensions, and sluggish productivity continue to weigh on recovery. The World Bank’s Global Economic Prospects 2025 warns that the rebound is “thinner and more fragile than expected,” with widening regional disparities and rising risks from public debt, softening trade, and climate pressures. For businesses worldwide, the report signals the start of a new era defined by slower, more uneven, and more uncertain growth.