The World Economic Situation and Prospects 2026 predicts that global economic output will grow by 2.7 per cent this year, or slightly below the 2.8 per cent estimated for 2025 and well below the pre-pandemic average of 3.2 per cent.  The report noted that a sharp increase in United States tariffs “created new trade frictions, though the absence...
The World Economic Situation and Prospects (WESP) 2025 report shows that despite withstanding a series of mutually reinforcing shocks, global economic growth has stagnated and remains below the pre-pandemic annual average of 3.2 per cent. The report produced by the UN Department of Economic and Social Affairs (DESA), highlights the enduring impact...
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