GDP reading: GDP was up 0.5% on a seasonally adjusted month-on-month basis in April, following a 0.1% decline in the...
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Live Global GDP Growth Forecast
Last updated 08 July 2026
Current 2026 Global GDP Growth Consensus Forecast
2.51
0.00 pp
30 days ago
The FocusEconomics World GDP Consensus Forecast is based on 3,500 individual projections for GDP growth across 198 countries.
Global GDP Forecast Evolution
The latest FocusEconomics Consensus projects World Real GDP growth at 2.51% in 2026. Over the latest month, panelists lowered the 2026 growth forecast by 0.01 percentage points, reflecting a weaker outlook for Canada, France, India, Ireland, and Turkey. However, upgrades for Brazil, Korea, Singapore, Taiwan, and the United Kingdom helped partially offset the downgrade.
Global GDP Forecast Revisions
Over the last week, Korea recorded the largest upward revision to its 2026 GDP growth forecast among G20 economies, with FocusEconomics panelists raising their projection by 0.13 percentage points. Saudi Arabia and Russia followed with upgrades of 0.10 and 0.04 percentage points respectively. Conversely, Australia and Mexico saw the largest downgrades, of 0.02 and 0.01 percentage points respectively.
Latest GDP News
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Canada: Economy recovers in April
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Costa Rica: Economic growth eases in the first quarter of 2026
GDP growth slows to an over one-year low in Q1: Costa Rica’s GDP expanded 3.7% on a year-on-year basis in...Read more
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Ecuador: Economic growth eases in Q1
GDP growth hits a five-quarter low: Ecuador’s GDP grew 2.1% in seasonally adjusted year-on-year terms in Q1, following 5.0% growth...Read more
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Argentina: Economic growth decelerates in the first quarter of 2026
GDP reading: Argentina’s GDP expanded 0.7% in seasonally adjusted quarter-on-quarter terms in Q1, following 1.2% growth in the previous quarter....Read more
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6500
Total Individual Forecasts
368
Participating Institutions
39
Commodities Forecasts
198
Countries Covered
Frequently Asked Questions
The global GDP forecast for 2026 is the latest FocusEconomics Consensus estimate of the real variation (i.e., adjusted for price changes) in the total value of all goods and services produced globally in 2026 compared to the previous year. In other words, it is an estimate of how much the world’s total economic output is expected to grow or shrink in 2026.
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.