Growth 'Resilient' Despite Middle East War, OECD Says
33 Articles
33 Articles
The OECD has slightly upgraded its forecast for global economic growth in 2026 to 2.9%, despite the continuation of the war in the Middle East. The effects of the war are being offset by public aid aimed at mitigating the effects of soaring energy prices or by dynamic investments in the field of Artificial Intelligence. The Organization's quarterly report Despite the upward revision of 0.1 of a percentage point compared to the forecast made by t…
The Organisation for Economic Cooperation and Development (OECD) has slightly increased its growth forecast for 2026. It now expects global growth of 2.9 percent. This is 0.1 percentage points more than the June forecast. Overall, however, the global economy is losing momentum.
The OECD predicts that the global economy will grow by 2.9% in 2026 and 3% in 2027, according to the updated projections released today, which represent a slight upward revision for this year and downwards for the next.
However, compared to growth of 3.4 percent last year, the world economy is losing momentum. The OECD stresses that the Iran war remains the biggest risk.
Despite the uncertainties associated with the Middle East conflict and geopolitical tensions, the global economy is showing resilience according to the latest OECD report The world economy should
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