{"id":282488,"date":"2026-01-13T19:21:07","date_gmt":"2026-01-13T19:21:07","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/282488\/"},"modified":"2026-01-13T19:21:07","modified_gmt":"2026-01-13T19:21:07","slug":"world-bank-sees-resilient-global-growth-in-2026-amid-tariffs-but-fading-dynamism","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/282488\/","title":{"rendered":"World Bank sees resilient global growth in 2026 amid tariffs but fading dynamism"},"content":{"rendered":"<ul data-testid=\"Summary\" class=\"summary-module__summary__QjADA\">\n<li data-testid=\"Body\" class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf summary-module__point__UgXPz\">World Bank sees global GDP growth at 2.6% versus 2.7% in 2025<\/li>\n<li data-testid=\"Body\" class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf summary-module__point__UgXPz\">Growth forecasts slightly above global lender&#8217;s June 2025 predictions<\/li>\n<li data-testid=\"Body\" class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf summary-module__point__UgXPz\">World Bank says gains concentrated in wealthy countries, growth too slow to reduce \u200bextreme poverty<\/li>\n<\/ul>\n<p>WASHINGTON, Jan 13 (Reuters) &#8211; The global economy is proving more resilient than expected, with 2026 GDP growth expected \u200cto improve slightly over forecasts from last June, the World Bank said on Tuesday while warning that growth is too concentrated in advanced countries and overall too weak to reduce extreme poverty.<\/p>\n<p>The World Bank&#8217;s semi-annual Global Economic Prospects report shows that global output growth will slow slightly to 2.6% this year from 2.7% in 2025 before edging back to 2.7% in 2027.<\/p>\n<p data-testid=\"promo-box\" class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf article-body-module__promo-box__hVl8h\"> Sign up  <a data-testid=\"Link\" referrerpolicy=\"no-referrer-when-downgrade\" href=\"https:\/\/www.reuters.com\/business\/finance\/world-bank-sees-resilient-global-growth-2026-despite-tariffs-fading-dynamism-2026-01-13\/undefined?location=article-paragraph&amp;redirectUrl=%2Fbusiness%2Ffinance%2Fworld-bank-sees-resilient-global-growth-2026-despite-tariffs-fading-dynamism-2026-01-13%2F\" class=\"text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_default__-okuC\" rel=\"nofollow noopener\" target=\"_blank\">here.<\/a><\/p>\n<p>The 2026 GDP forecast is up two-tenths of a percentage point from the last predictions \u200creleased in June, while 2025 growth will exceed the prior forecast by four-tenths of a percentage point.<\/p>\n<p>The World Bank \u200bsaid about two-thirds of the upward revision reflects better-than-expected growth in the U.S. despite <a data-testid=\"Link\" referrerpolicy=\"no-referrer-when-downgrade\" href=\"https:\/\/www.reuters.com\/business\/tariffs\/\" class=\"text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_default__-okuC\" rel=\"nofollow noopener\" target=\"_blank\">tariff-driven<\/a> trade disruptions. It predicts U.S. GDP growth will reach 2.2% in 2026, compared to 2.1% in 2025 &#8211; up two-tenths and half a percentage point from the June forecasts, respectively.<\/p>\n<p>After an import surge to \u200dbeat tariffs early in 2025 held back U.S. growth for that year, bigger tax incentives will aid growth in 2026, offset by the drag of tariffs on investment and consumption, the World Bank said.<\/p>\n<p>But if the current forecasts hold, the 2020s are on track to be the weakest decade for global growth since the 1960s \u2060and too low to avert stagnation and joblessness in emerging market and developing countries, the global lender said.<\/p>\n<p>&#8220;With each passing year, the global \u200deconomy has become less capable of generating growth and seemingly more resilient to policy uncertainty,&#8221; Indermit Gill, the World Bank&#8217;s chief economist, said in a statement. &#8220;But economic \u200cdynamism \u200cand resilience cannot diverge for long without fracturing public finance and credit markets.&#8221;<\/p>\n<p>Gill added that global GDP per person in 2025 was 10% higher than on the eve of the COVID-19 pandemic &#8211; marking the fastest recovery from a major crisis in the past 60 years. But he said many developing countries are being left behind, with a quarter of them saddled with lower per-capita incomes than in 2019, particularly the poorest countries.<\/p>\n<p>CHINA&#8217;S ECONOMIC GROWTH EXPECTED \u2060TO SLOW<\/p>\n<p>Growth in emerging market and \u2060developing economies will slow to \u200b4.0% in 2026 from 4.2% in 2025, up two-tenths and three-tenths of a percentage point from the June forecasts, respectively. But excluding China, the 2026 growth rate for this group will be 3.7%, unchanged from 2025, the World Bank said.<\/p>\n<p>China&#8217;s growth will slow to 4.4% in 2026 from 4.9%, but the forecasts are \u200dboth up four-tenths of a percentage point from June due to fiscal stimulus and increased exports to non-U.S. markets.<\/p>\n<p>Growth in the euro zone is set to slow to 0.9% in 2026 from 1.4% in 2025 due to the drag from U.S. tariffs but recover to 1.2% in 2027 due to increases in European defense spending, \u200bthe World Bank said.<\/p>\n<p>Japan&#8217;s outlook is much the same for 2026, with growth \u200dslowing to 0.8% after a rise of 1.3% in 2025, a year aided by the front-loading of exports to the U.S. to beat President Donald Trump&#8217;s tariffs. But slower consumption \u200band investment in Japan will keep GDP growth unchanged at 0.8% for 2027, the World Bank said.<\/p>\n<p data-testid=\"SignOff\" class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__extra_small__8Buss body-module__full_width__kCIGb body-module__extra_small_body__Bfz20 sign-off-module__text__LQAMP\">Reporting by David Lawder; Editing by Paul Simao<\/p>\n<p data-testid=\"Body\" dir=\"ltr\" class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf article-body-module__element__5eCce article-body-module__trust-badge__5mS3f\">Our Standards: <a data-testid=\"Link\" target=\"_blank\" referrerpolicy=\"no-referrer-when-downgrade\" href=\"https:\/\/www.thomsonreuters.com\/en\/about-us\/trust-principles.html\" rel=\"noopener nofollow\" class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__small__sph8i link-module__link__INqxZ link-module__underline_default__-okuC link-module__with-icon__qlg76\">The Thomson Reuters Trust Principles., opens new tab<\/a><\/p>\n<p><a href=\"https:\/\/www.reutersagency.com\/en\/licensereuterscontent\/?utm_medium=rcom-article-media&amp;utm_campaign=rcom-rcp-lead\" target=\"_blank\" dir=\"ltr\" class=\"button-module__link__A3sD0 button-module__secondary__70gBu button-module__round__QDFgq button-module__w_auto__Sem-F\" data-testid=\"LicenceContentButton\" rel=\"nofollow noopener\">Purchase Licensing Rights<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"World Bank sees global GDP growth at 2.6% versus 2.7% in 2025 Growth forecasts slightly above global lender&#8217;s&hellip;\n","protected":false},"author":2,"featured_media":282489,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[174],"tags":[82519,2786,82703,82758,85715,85716,85718,79,84370,53515,1802,109550,83626,84149,82530,84146,82528,82531,82710,82702,83115,83116,179,84148,18,82578,83371,84366,82522,32356,82503,9207,45748,19,82765,109551,17,83122,82524,82507,45751,85212,82508,83002,83362,83366,82707,83387,107,83127,109548],"class_list":{"0":"post-282488","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-amers","9":"tag-asia","10":"tag-asxpac","11":"tag-bisv","12":"tag-bnk","13":"tag-bnks","14":"tag-bsvc","15":"tag-business","16":"tag-cen","17":"tag-cn","18":"tag-com","19":"tag-comfn","20":"tag-cru","21":"tag-destef-markets-macromatters","22":"tag-destocabsm","23":"tag-destortao","24":"tag-destoukbsm","25":"tag-destousbsm","26":"tag-destseabs","27":"tag-easia","28":"tag-eci","29":"tag-eco","30":"tag-economy","31":"tag-efmarkets-macromatters","32":"tag-eire","33":"tag-emrg","34":"tag-enr","35":"tag-ez","36":"tag-ezc","37":"tag-fin","38":"tag-fins","39":"tag-gdp","40":"tag-gen","41":"tag-ie","42":"tag-intag","43":"tag-intfin","44":"tag-ireland","45":"tag-mce","46":"tag-namer","47":"tag-news1","48":"tag-nrg","49":"tag-plcy","50":"tag-pol","51":"tag-pxp","52":"tag-topicbusiness-tariffs","53":"tag-topicmarkets-commodities-energy","54":"tag-trd","55":"tag-trf","56":"tag-us","57":"tag-wash","58":"tag-wbnk"},"share_on_mastodon":{"url":"","error":"Validation failed: Text character limit of 500 exceeded"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/282488","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=282488"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/282488\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/282489"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=282488"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=282488"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=282488"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}