IMF Sees 2027 World GDP +3.4%, Warns ‘Resilience Under Strain’

Raises 2026 World Economic Growth Outlook To 3.1%, From 3.0% Forecasts US 2026 Growth At 2.3%, Unchanged From July Forecast And 2025; 2027 US Growth Forecast At 2.3% Vs 2.2% In July Forecasts China 2026 Growth At 4.5%, 2027 Growth At 4.0%, Both Down 0.1 Percentage Point From July Forecasts Forecasts Euro Area 2026 Growth At 1.1% Vs 0.9% In July Due To Resilience In Germany, Italy, Spain Projects Average Oil Price At $96 Per Barrel In 2026, $87 In 2027 Vs July Forecasts Of $89 And $78, Respectively IMF Forecasts Assume Strait Of Hormuz Reopening Resumes In March 2027 With Return To Broad Pre-War Conditions By October 2027