World Economic Outlook Update, July 2026: Global Economy in Crosscurrents of War and Technology
Global growth is steady but uneven across countries amid headwinds from the war and tailwinds from the technology upcycle.
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Volume/Issue:
Volume 2026
Issue 004
Publication date: July 2026
ISBN: 9798229047999
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growth , energy shock , technology investment , inflation , risks , world economic outlook
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Summary
Global growth is projected at 3.0 percent for 2026 and 3.4 percent for 2027, broadly unchanged cumulatively from the April 2026 World Economic Outlook. The outlook is uneven: The war shock is weighing on energy importers and vulnerable economies, while AI-driven demand is lifting countries integrated into the global technology value chain. Global disinflation has stalled. Risks are more balanced than in April, but downside risks from renewed conflict and financial market repricing persist. Policymakers should preserve price stability, rebuild fiscal space, and strengthen adaptability.
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