World Bank growth estimates
- Global economy expected to grow at 2.7% y/y for 2024, ’25 and ’26
- Tariffs seen as a key factor that could pull down growth
- US set to grow at 1.7% (2025) and 1.8% (2026), unchanged from earlier estimates
- China set to grow at 4.5% (2025, earlier 4.1%) and an unchanged forecast at 4% (2026) driven by policy stimulus
- India growth expected at 6.7% (FY 26, earlier 6.8%), on the back of easing inflation, consumption and credit growth