Global Economy Sees Stronger Near‑Term Growth but Faces Prospect of a Weak Decade, Warns World Bank

The global economy has shown unexpected resilience in recent years, with output growth in 2025 surpassing earlier pessimistic forecasts largely due to a stronger‑than‑expected performance in the United States and other advanced markets. According to the World Bank’s latest **Global Economic Prospects** report, global GDP growth is projected to remain at a modest pace of around 2.6–2.7% through 2026–27 — a level that reflects stabilization but remains far below the higher growth rates experienced in past decades. :contentReference[oaicite:1]{index=1} Despite this relative strength, the World Bank warns that the current growth trajectory will likely result in a **weak decade for the global economy**. Average expansion in the 2020s is expected to be the slowest since the 1960s, and persistent structural challenges mean that economic output will be insufficient to create enough jobs or reduce extreme poverty in the hardest‑hit regions. More than one‑quarter of emerging market and developing economies are still registering per‑capita income levels below those seen in 2019, and this divergence underscores uneven recovery patterns across countries. :contentReference[oaicite:2]{index=2} Risks remain tilted to the downside: rising trade tensions, policy uncertainty, tighter financial conditions, geopolitics, and climate‑related shocks could weaken the outlook further. The report highlights that while advanced economies are generally poised to grow modestly, many developing nations are at risk of stagnation without stronger policy support, investment in technology, and reforms to encourage private sector expansion. :contentReference[oaicite:3]{index=3} #GlobalEconomy #WorldBank #EconomicGrowth #WeakDecade #SlimScan #GrowthStocks #CANSLIM