IMF shuffles its '26 global growth forecast higher to 3.1%

In its latest World Economic Outlook (WEO) released on October 13, the International Monetary Fund (IMF) has raised its forecast for global economic growth for this year by a scant 0.1 percentage point to 3.1% from its July prediction.

Thirty-two economies now account for 95% of global growth, compared with 54 economies in April, the IMF observes, while downward revisions have become more widespread, with about 47% of economies downgraded. It argues that growth is being reallocated according to the exposure of countries and regions to war-induced supply