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IMF GDP Growth Projections (2026-2027)
Projected economic growth rates for key Asian economies as per IMF forecasts.
Primary Sources
IMF to cut global growth outlook as war in West Asia weighs on economy
WASHINGTON, April 10 — The International Monetary Fund will lower global growth forecasts due to the Middle East war, its chief said Thursday, warning of the conflict’s “scarring effects” despite a fragile ceasefire.“Even in a best case, there will be no neat and clean return to the status quo ante,” IMF managing director Kristalina Georgieva said.Georgieva said that — even in the fund’s “most hopeful scenario” — spiraling energy costs, infrastructure damage, supply disruptions and a loss of market confidence meant growth would be less than expected.The IMF also anticipates having to provide up to US$50 billion (RM198 billion) in immediate financial assistance to countries affected by the war, with food insecurity set to affect at least 45 million people.“Given the spillovers from the war, we expect near-term demand for IMF balance-of-payments support to rise by somewhere between US$20 billion and US$50 billion, with the lower bound prevailing if ceasefire holds,” Georgieva said.The IMF chief was kicking off the annual Spring Meetings co-hosted by the International Monetary Fund and the World Bank in Washington, which bring together top economic policymakers from around the world.Speaking on Bloomberg TV on Thursday, World Bank President Ajay Banga said his institution could put up as much as US$25 billion “very quickly” in financing to developing countries affected by the war. He said as much as US$60 billion may be made available over the longer term, if countries need it.The US-Israel war on Iran, launched on February 28, has engulfed the Middle East in violence, snarled supply chains and sent oil prices surging after Tehran virtually blocked the Strait of Hormuz.Tehran and Washington have traded accusations of violations of the ceasefire terms, with talks aimed at a more durable peace slated for Saturday.Georgieva highlighted the “asymmetric” effects of the crisis, hitting low-income energy importers much harder than others.“Spare a thought for the Pacific Island nations at the end of a long supply chain, wondering if fuel still reaches them in the wake of such a severe disruption,” she said.Global inflation On Wednesday, the World Bank said the Middle East — which has seen retaliatory Iranian strikes hit countries across the Gulf and Israeli attacks in Lebanon — saw “a serious and immediate economic toll” from the war.Excluding Iran, overall regional economic growth was expected to slow to just 1.8 per cent in 2026 — a downgrade of 2.4 percentage poin...
War Darkens Global Economic Outlook and Reshapes Policy Priorities - IMF
ABOUT THE BLOGIMFBlog is a forum for the views of the International Monetary Fund (IMF) staff and officials on pressing economic and policy issues of the day. The IMF, based in Washington D.C., is an organization of 191 countries, working to foster global monetary cooperation and financial stability around the world. The views expressed are those of the author(s) and do not necessarily represent the views of the IMF and its Executive Board. Read More
IMF sounds alarm on long-term economic scarring from West Asia conflict
The International Monetary Fund said the impact of the conflict is uneven across economies, with oil-importing and directly affected countries bearing the brunt, while some exporters may see short ...
IMF Flags Risk Of Prolonged Economic Impact From West Asia Conflict
The International Monetary Fund has warned that the ongoing conflict in West Asia could lead to long-term "economic scarring," raising concerns over sustained damage to global growth prospects, trade flows, and energy market stability.
