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UNCTAD expects global growth to slow to 2.6% in 2026 from 2.9% as a Middle East energy shock hits the world economy. Trade should rise 4% after a record $35 trillion in 2025, while China-US trade has fallen over 20% since 2024 and Asia is set to drive 59% of global growth.
UNCTAD forecasts global economic growth of 2.6% in 2026, down from 2.9% in 2025, amid higher energy prices linked to the war in the Middle East.
UN Trade and Development warns that global economic growth will slow to 2.6% in 2026 from 2.9% last year as Middle East war drives energy prices higher.