Live Global GDP Growth Forecast

The global GDP forecast is updated daily, in order to ensure that the forecast always reflects the latest available data. Data is not updated on weekends and public holidays in Spain.

The global GDP forecast is the weighted average of the GDP growth forecasts for the 198 countries FocusEconomics covers, updated daily. The weighted average is calculated using each country’s nominal GDP in U.S. dollars at market exchange rates—not based on purchasing power parity (PPP) weights, which are typically used by institutions like the IMF and World Bank.

FocusEconomics compiles forecasts from the leading international investment banks, national financial institutions, consulting firms, think tanks, professional forecasting companies, credit rating agencies and public institutions. The global GDP forecast is based on 3,123 projections from 368 institutions.

The depth of the panel—with hundreds of contributing institutions—combined with daily forecast updates makes the global GDP growth projections timely as well as accurate. Moreover, every individual forecast from a contributing institution undergoes rigorous quality control checks from our in-house team of economists and data analysts before being incorporated into the global projection.

Multiple factors influence the global economic outlook. Chief among them are government and central bank policies (tax and spending measures, structural reforms, interest rate changes, etc), geopolitical developments (trade agreements, conflict, etc), the rate of technological change, and natural disasters.

The global GDP forecast for 2026 is similar to the 2025 outturn, and thus the joint-weakest since the pandemic-induced contraction of 2020. This is a result of global trade tensions and an ongoing slowdown in China’s economic growth potential; China had in past years been a significant contributor to global growth.