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Real GDP grows by 2.2% in 2026 and by 1.8% in 2027. Growth of Real GDP. The growth of economic output, as measured by the nation's GDP,
Global GDP growth is projected to remain broadly stable at 2.9% in 2026 ... Source: OECD (2026), OECD Economic Outlook, Interim Report March 2026
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[ World Economic Outlook Global Economy in the Shadow of War April 2026](https://www.imf.org/-/media/Files/Publications/WEO/2026/April/English/text.ashx). [ World Economic Outlook Global Economy in Flux,Prospects Remain Dim October 2025](https://www.imf.org/-/media/Files/Publications/WEO/2025/October/English/text.ashx). [ World Economic Outlook A Critical Juncture amid Policy Shifts April 2025](https://www.imf.org/-/media/Files/Publications/WEO/2025/April/English/text.ashx). [ World Economic Outlook Steady but Slow:Resilience amid Divergence April 2024](https://www.imf.org/-/media/Files/Publications/WEO/2024/April/English/text.ashx). [ World Economic Outlook Navigating Global Divergences October 2023](https://www.imf.org/-/media/Files/Publications/WEO/2023/October/English/text.ashx). [ World Economic Outlook A Rocky Recovery April 2023](https://www.imf.org/-/media/Files/Publications/WEO/2023/April/English/text.ashx). [ World Economic Outlook War Sets Back the Global Recovery April 2022](https://www.imf.org/-/media/Files/Publications/WEO/2022/April/English/text.ashx). [ World Economic Outlook Recovery During a Pandemic October 2021](https://www.imf.org/-/media/Files/Publications/WEO/2021/October/English/text.ashx). [ World Economic Outlook Managing Divergent Recoveries April 2021](https://www.imf.org/-/media/Files/Publications/WEO/2021/April/English/text.ashx). [ World Economic Outlook The Great Lockdown April 2020](https://www.imf.org/en/Publications/WEO/Issues/2020/04/14/weo-april-2020). [ World Economic Outlook Update Still Sluggish Global Growth July 2019](https://www.imf.org/en/Publications/WEO/Issues/2019/07/18/WEOupdateJuly2019). [ World Economic Outlook Growth Slowdown, Precarious Recovery April 2019](https://www.imf.org/en/Publications/WEO/Issues/2019/03/28/world-economic-outlook-april-2019). [ World Economic Outlook Challenges to Steady Growth October 2018](https://www.imf.org/en/Publications/WEO/Issues/2018/09/24/world-economic-outlook-october-2018). [ World Economic Outlook Cyclical Upswing, Structural Change April 2018](https://www.imf.org/en/Publications/WEO/Issues/2018/03/20/world-economic-outlook-april-2018). [Analytical Groups](https://data.imf.org/en/Datasets/WEO/Groups-and-Aggregates-April-2026)[Regional Groups](http://www.imf.org/external/datamapper/region.htm).
This reflects the sizable capital expenditure plans that AI “hyperscalers” have announced for this year.[4](https://www.deloitte.com/us/en/insights/topics/economy/us-economic-forecast/united-states-outlook-analysis.html#endnote-4)We now expect real business investment to grow by 4% in 2026—an acceleration from the second half of 2025. The federal deficit is expected to remain above 6% of GDP through 2030, exceeding the Congressional Budget Office’s (CBO) baseline expectation.[6](https://www.deloitte.com/us/en/insights/topics/economy/us-economic-forecast/united-states-outlook-analysis.html#endnote-6)The larger expected deficit is partially due to our lower forecast for net migration. Companies are attempting to reclaim tariffs they paid after the Supreme Court ruled that the tariffs imposed under the International Emergency Economic Powers Act are impermissible.[11](https://www.deloitte.com/us/en/insights/topics/economy/us-economic-forecast/united-states-outlook-analysis.html#endnote-11) Because we expect companies to recoup those funds, they are also likely to be more restrained in the near term when passing tariff costs on to consumers. The University of Michigan’s survey of inflation expectations in five years was 3.2% in March, down from 4.1% one year earlier.[12](https://www.deloitte.com/us/en/insights/topics/economy/us-economic-forecast/united-states-outlook-analysis.html#endnote-12). Stock markets have shown considerable strength, with the S&P 500 stock price continuing to grow at double-digit year-over-year rates at the time of this writing.[13](https://www.deloitte.com/us/en/insights/topics/economy/us-economic-forecast/united-states-outlook-analysis.html#endnote-13)Optimism around the potential of AI has boosted earnings and raised expectations of future growth.
# World Economic Outlook Update. World Economic Outlook Update, January 2026: Global Economy: Steady amid Divergent Forces. #### Resilient growth as technology and adaptability offset trade policy headwinds. World Economic Outlook Update, January 2026: Global Economy: Steady amid Divergent Forces. Global growth is projected at 3.3 percent for 2026 and 3.2 percent for 2027, revised slightly up since the October 2025 World Economic Outlook. World Economic Outlook Update, January 2026: Projections Table. ###### World Economic Outlook Update, October 2025: Three Essential Questions. ###### Press Briefing: World Economic Outlook, October 2025. ###### World Economic Outlook, October 2025: Key Facts. ###### World Economic Outlook Update, October 2025: Three Essential Questions. ###### Press Briefing: World Economic Outlook, October 2025. ###### World Economic Outlook, October 2025: Key Facts. ###### World Economic Outlook Update, October 2025: Three Essential Questions. ###### Press Briefing: World Economic Outlook, October 2025. ###### World Economic Outlook, October 2025: Key Facts. Regional Economic Outlook Reports, All Regions.
# FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Median (GDPC1MD). U.S. Federal Open Market Committee and Federal Reserve Bank of St. Louis, FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Median [GDPC1MD], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/GDPC1MD, . **FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Central Tendency, Midpoint**. **Longer Run FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Central Tendency, Midpoint**. **Longer Run FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Median**. **FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Range, Low**. **FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Median**. Federal Open Market Committee Federal Open Markets Committee Projection Median Real St. Louis Fed Gross Domestic Product Rate Annual Nation Public Domain: Citation Requested United States of America Not Seasonally Adjusted.