World Economic Outlook Update, July 2026: Global Economy in Crosscurrents of War and Technology

World Economic Outlook, July 2026

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World Economic Outlook Update, July 2026: Global Economy in Crosscurrents of War and Technology

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Bibliographic details

• Published: July 8, 2026

Report overview

• Title: World Economic Outlook Update
• Subtitle: Global Economy in Crosscurrents of War and Technology
• Date: July 2026

Global growth projections and headline findings

• Global growth is projected at 3.0 percent for 2026 and 3.4 percent for 2027.
• The projections are broadly unchanged cumulatively from the April 2026 World Economic Outlook.
• The outlook is uneven:
  • The war shock is weighing on energy importers and vulnerable economies.
  • AI-driven demand is lifting countries integrated into the global technology value chain.
• Growth is steady but uneven across countries amid headwinds from the war and tailwinds from the technology upcycle.

Inflation, risks, and balance of risks

• Global disinflation has stalled.
• Risks are more balanced than in April, but downside risks from renewed conflict and financial market repricing persist.

Policy recommendations

• Policymakers should preserve price stability.
• Policymakers should rebuild fiscal space.
• Policymakers should strengthen adaptability.

Source: World Economic Outlook Update, July 2026

Content in this bundle

• dataset overview
  • dataset overview (XLSX)
• Chapter 3 of October 2025 WEO
  • Chapter 3 of October 2025 WEO (Markdown version)
  • Chapter 3 of October 2025 WEO (PDF)

References

• Previous Issues
• Opening Remarks
• Press Conference
• https://www.imf.org/en/home