(VOVWORLD) - In its latest Global Economic Prospects report released Tuesday, the World Bank projected global GDP growth at 2.6 percent this year, up 0.2 percentage points from its June forecast, though still below the 2.7 percent growth recorded in 2025.
The World Bank warned that the 2020s are on track to become the weakest decade for global growth since the 1960s.
Nevertheless, the global economy showed greater-than-expected resilience over the past year despite escalating trade tensions and policy uncertainty.
The Bank cautioned that global trade growth is likely to slow sharply in 2026 as stockpiling ends and tariff impacts intensify, with trade expected to stabilize only by 2027 as countries adapt to the new environment.