According to the World Bank’s semi-annual Global Economic Prospects report released on Tuesday, the global economy is showing greater resilience than expected. The report forecasts that GDP growth in 2026 will be slightly higher than the June 2024 projection, rising to 2.6% from 2.7% in 2025, before falling back to 2.7% in 2027.
The forecast for 2026 GDP growth has been revised upward by 0.2 percentage points compared to the June forecast, while the growth forecast for 2025 is now 0.4 percentage points higher than the previous projection.
The World Bank stated that approximately two-thirds of this upward revision reflects stronger-than-expected economic growth in the United States, despite trade frictions triggered by tariffs.
The report forecasts U.S. GDP growth to reach 2.2% in 2026, up from 2.1% in 2025, representing upward revisions of 0.2 and 0.5 percentage points, respectively, compared to the June forecasts.
However, the institution warns that economic growth is too concentrated in advanced economies and, overall, remains too weak to reduce extreme poverty.