The IMF projects global growth of 3.1% in 2026 and 3.4% in 2027. Headline inflation is forecast at 4.7% and 4.1%, respectively, in the October World Economic Outlook.
Key risks include escalating conflicts, trade tensions and fiscal vulnerabilities. A reassessment of expectations around artificial intelligence is another downside risk.
Energy importers outside technology value chains face particularly difficult conditions. The projections use information available through October 1 and should not be read as final annual results.
