Africa: Economic Output Expected to Grow by Four Percent This Year

Global economy set to tank in 2026, UN sounds alarm

The world economy is heading for a modest slowdown this year as Trump’s trade barriers take a heavier toll and political uncertainties mount, according to the United Nations’ latest economic forecast released Thursday. The UN predicts worldwide economic expansion will hit 2.7% in 2026, dipping from the 2.8% estimated for 2025. Growth should bounce back to 2.9% in 2027, but these rates are still well below the 3.2% average seen during the ten yea…

Global growth holds up, but investment and uncertainty weigh on the outlook

GENEVA, Switzerland – The global economy is projected to grow, but geopolitical tensions, trade uncertainty and weak investment continue to weigh on momentum, with high debt and persistent cost pressures posing particular challenges for developing economies. The global economy is expected to grow 2.7 percent in 2026, slightly below the 2.8 percent estimated for 2025 and well under the pre-pandemic average of 3.2 percent , according to the UN’s W…

Global economy shows signs of steady but subdued growth

The global economy has shown resilience amid turbulence during the past year, including shifting trade policies – yet growth remains subdued and far below pre-pandemic levels, the UN said in a landmark report published on Thursday.