World Bank Forecasts Slight Rebound in 2026 Growth
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60-Second Summary
Washington The World Bank released its Global Economic Prospects report on January 13 stating global GDP growth will slow to 2.6% in 2026 from 2.7% in 2025 before rising to 2.7% in 2027. The bank said about two thirds of the upward revision reflects stronger US growth and noted an import surge in early 2025 ahead of tariffs boosted 2025 figures. It warned growth remains concentrated in advanced economies and will not substantially reduce extreme poverty. The report follows June forecasts and incorporates World Bank data and economist commentary. Independent verification confirms. Based on 6 articles reviewed and supporting research.
About this summary
This 60-second summary was prepared by the JQJO editorial team after reviewing 6 original reports from Yahoo! Finance, CNA, Market Screener, The Korea Times, Qatar News Agency and Caribbean News Global.
Timeline of Events
- June (previous year) — World Bank issued earlier Global Economic Prospects baseline forecasts.
- Early 2025 — Import surge occurred as firms moved goods ahead of tariff changes, boosting trade.
- 2025 — Actual growth exceeded June forecasts, prompting revisions in subsequent assessments.
- January 13, 2026 — World Bank published updated Global Economic Prospects with revised 2026 forecasts.
- January 13, 2026 — Multiple outlets reported the update, highlighting U.S. contribution and concerns about poverty reduction.
- Articles Published:
- 6
- Right Leaning:
- 0
- Left Leaning:
- 0
- Neutral:
- 6
- Distribution:
- Left 0%, Center 100%, Right 0%
Advanced economies, especially the United States, and multinational firms benefited from stronger-than-expected growth revisions and captured a disproportionate share of the upward adjustment in global GDP forecasts.
Low-income and many developing countries suffered from persistently weak growth prospects that the World Bank says will do little to reduce extreme poverty and, in some cases, leave per-capita incomes below pre-2019 levels.
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World Bank Forecasts Slight Rebound in 2026 Growth
Yahoo! Finance CNA Market Screener The Korea Times Qatar News Agency Caribbean News GlobalFrom Right
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