Business · Economy · 1 hr ago
IMF raises 2026 global growth forecast slightly to 3.1%
The IMF raised its 2026 global growth forecast to 3.1% from 3.0%.
It kept its forecast for 2027 at 3.4%.
The IMF says the global economy has proved more resilient to energy shocks, helped by higher oil production outside the Persian Gulf, strategic reserves and weaker demand in China.
The Iran war has disrupted the Strait of Hormuz, a major route for energy trade, pushing up prices as supplies have tightened.
Poorer countries and energy importers face heavier costs, which can deepen poverty and make it harder for people to afford enough food.
The eurozone’s 2026 outlook also improved, with Ireland and Spain helping lift growth, while Germany’s forecast rose to 1.3%.
The IMF also warned that disappointment over AI expectations could trigger a sell-off in tech stocks and slow global growth.
The International Monetary Fund raised its 2026 global growth forecast to 3.1%, from 3.0%.
The IMF kept its forecast for global growth in 2027 at 3.4%.
It said the global economy had become more resilient to energy shocks.
Higher oil production outside the Persian Gulf, strategic reserve releases and weaker demand in China helped cushion the price shock.
The IMF said growth in the eurozone is now expected to reach 1.1% in 2026, up 0.2 percentage points from its July forecast.
- Who
- The International Monetary Fund.
- What
- It raised its forecast for global economic growth in 2026 to 3.1% from 3.0%.
- When
- The IMF announced the forecast on Tuesday. The article was published on 13 October 2026.
- Where
- Global; the forecast covers the world economy.
- Why
- The IMF said the global economy had become more resilient to energy shocks. Higher oil production outside the Persian Gulf, strategic reserve releases and lower demand in China helped cushion the price shock.
This story does not have two clearly opposing sides.
The IMF’s previous forecast put global growth in 2026 at 3.0%.
The IMF raised its 2026 global growth forecast to 3.1%.
- Global growth forecast for 2026
- 3.1%
- Previous 2026 forecast
- 3.0%
- Global growth forecast for 2027
- 3.4%
- Eurozone growth forecast for 2026
- 1.1%, up 0.2 percentage points from July
- US growth forecast for 2026
- 2.3%
What people are saying
largely stable
Sources
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