World Bank Forecasts Slight Rebound in 2026 Growth
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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.
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Timeline
- 1. June (previous year) — World Bank issued earlier Global Economic Prospects baseline forecasts.
- 2. Early 2025 — Import surge occurred as firms moved goods ahead of tariff changes, boosting trade.
- 3. 2025 — Actual growth exceeded June forecasts, prompting revisions in subsequent assessments.
- 4. January 13, 2026 — World Bank published updated Global Economic Prospects with revised 2026 forecasts.
- 5. January 13, 2026 — Multiple outlets reported the update, highlighting U.S. contribution and concerns about poverty reduction.
Sources
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