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Overview
- The bank now projects global growth of 2.6% in 2026 and 2.7% in 2027, up 0.2 and 0.1 percentage point from June.
- Roughly two thirds of the 2026 upgrade reflects better-than-expected U.S. performance, with U.S. GDP seen at 2.2% next year.
- Emerging and developing economies are forecast to slow to 4.0% in 2026, or 3.7% excluding China, with China at 4.4%.
- Brazil is projected to expand 2.0% in 2026 after 2.3% in 2025, as higher real rates, trade headwinds and global uncertainty weigh.
- The bank revised 2025 global growth up to 2.7% on pre-tariff trade and inventory builds, while warning the 2020s may be the weakest growth decade since the 1960s and urging credible fiscal frameworks.