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India Leads Global GDP Growth Outlook With 6.7% FY27 Forecast
A group of economists thinks India’s economy will grow faster than those of other regions surveyed.
They predict growth of 6.7% during the financial year 2026-27.
They say strong spending inside India is helping the economy.
Most economists believe growth will remain strong over the next year.
India’s unemployment rate fell slightly in August.
More people also joined the workforce.
Inflation rose but stayed inside the permitted range.
Most economists expect interest-rate and government budget policies to remain mostly unchanged.
Newer official figures showed even faster growth of 7.8% in the first quarter, leading some forecasters to raise their predictions.
The World Economic Forum’s chief economists expect India’s GDP to grow 6.7% in FY27.
Domestic demand and economic resilience were cited as key supports for India’s outlook.
Seventy-four per cent of surveyed economists foresee strong or very strong growth, up from 52% in May.
India’s unemployment rate fell to 5% in August, while labour-force participation rose to 55.6%.
The survey preceded official data showing 7.8% first-quarter FY27 growth and later upward forecast revisions.
- Who
- The World Economic Forum and 92 chief economists from public and private sectors.
- What
- India received the strongest GDP growth outlook among the regions surveyed, with a 6.7% FY27 forecast.
- Where
- India, within a survey covering 10 global regions.
- When
- The report was issued in September 2026; its survey was completed on August 20, 2026.
- Why
- Economists cited resilient domestic demand and continued economic strength.
Key facts
- FY27 growth outlook
- 6.7% for India
- Survey participants
- 92 chief economists
- Expected strong or very strong growth
- 74% of respondents, compared with 52% in May
- August unemployment rate
- 5%, down from 5.1% in July
- August consumer inflation
- 4.8%, above the 4% medium-term target but within the 2–6% tolerance range
- Policy-rate expectation
- 67% expect monetary policy to remain unchanged
- Latest first-quarter FY27 growth
- 7.8%, according to data released after the survey
Quotes
World Economic Forum Chief Economists’ Outlook report
The World Economic Forum report summarizing surveyed chief economists’ economic assessments.
“These developments point to relatively stable labour market conditions alongside strong activity, although sustained employment creation remains important.”
thehansindia.com
“A majority (67 per cent) of respondents expect monetary policy to remain unchanged, while 24 per cent anticipate tightening.”
thehansindia.com
Sources
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