UN Forecasts Global Economic Slowdown to 2.7% by 2026

World
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Moneycontrol•08-01-2026, 23:57
UN Forecasts Global Economic Slowdown to 2.7% by 2026
- •UN report predicts global economic growth to slow to 2.7% in 2026, down from 2.8% in 2025, before rising to 2.9% in 2027.
- •This forecast remains below the pre-pandemic average of 3.2% (2010-2019).
- •U.S. tariffs created trade tensions, but global activity remained resilient due to policy support and consumer spending.
- •U.S. growth is projected at 2.0% in 2026, China at 4.6%, and the European Union at 1.3%.
- •India's growth is estimated at 6.6% for 2026, supported by consumption and public investment, offsetting U.S. tariffs.
Why It Matters: Global economic growth is set to moderate by 2026, with varied regional impacts from trade policies.
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