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World Bank Keeps Global Growth Forecast for 2026 at 2.4% in GEP Report.

International | Dated: 09 Jan 2026

The World Bank released its latest "Global Economic Prospects" (GEP) report, maintaining the global growth forecast for 2026 at 2.4%. This marks the third consecutive year of deceleration. The report cites tight monetary policies, restrictive financial conditions, and feeble global trade and investment as primary reasons for the slowdown.

🎯 Key Highlights:

  • Developing economies are projected to grow at just 3.9%, significantly below their pre-pandemic average.
  • The report warns that the 2020s could be a "wasted decade" for development if course correction doesn't happen.
  • The US economy is expected to slow down, while the Euro area might see a slight recovery.

💡 Other Important Facts:

  • Report: Global Economic Prospects.
  • Growth Forecast: 2.4% (2026).
  • Organization: World Bank.

📚 Test Your Knowledge:

According to the World Bank's Global Economic Prospects report, what is the projected global growth rate for 2026?

Correct Answer: 2.4%

🚀 Quick Recap:

About World Bank

  • President – Ajay Banga
  • HQ – Washington, D.C.