Global Economic Outlook for 2026

This report presents an economic outlook for 2026, detailing expected global growth, policy shifts, and the evolving landscape of trade and investment. It indicates a sustained global growth rate of 3.4% for 2026, with a notable transition from monetary to fiscal policy emphasis and a shift from export-led growth to domestic investment-led growth. The report outlines key risks including trade policy uncertainties and geopolitical tensions that could impact economic stability. It further discusses the anticipated performance of major economies like the US and China, highlighting the role of AI-related investments and fiscal measures in driving growth. The situation in the euro area is described as muted, with trade pressures and consumer spending under scrutiny. The report also addresses growth dynamics in Asia and the MENAP region, emphasizing ongoing reforms and investment diversification. Finally, it covers structural reforms in Sub-Saharan Africa, projecting continued robust growth supported by favorable commodity prices and improved investor sentiment.