LIMA, Peru — GDP growth among Asia-Pacific Economic Cooperation economies is expected to lag behind the rest of the world starting next year, as macroeconomic and geopolitical headwinds hit the region, according to an APEC report.
Combined GDP for the region is projected to increase 3.5% year on year in 2024, down from 3.6% last year, according to the report from the Policy Support Unit, APEC’s research and analysis arm.