Global Growth Projected to Rise in 2027 Despite Current Economic Strains
Global growth is anticipated to increase from 3.0% in 2026 to 3.3% in 2027, according to Caixabank Research. This projection suggests a return to growth levels observed over the past decade and aligns with medium-term forecasts. The gradual easing of the energy shock and continued technological advancements are cited as primary drivers for this expected rise. However, the global economic landscape remains complex, characterized by what the IMF describes as 'resilience under strain.' Regional variations in growth are expected, with the U.S. projected to slow slightly to 1.9% in 2027 from 2.1% in 2026. The euro area is expected to gain momentum, accelerating from 1.0% to 1.4%, while China's growth is anticipated to moderate from 4.5% to 4.0%. Stronger growth in other emerging economies is expected to partially offset the slowdown in these major blocs. The global economy has demonstrated resilience amidst various shocks, including geopolitical events and energy disruptions, supported by strong private-sector ...