- India’s Inflation is forecast at 4.1 percent for 2025.
- What? UN-DESA Projects India’s GDP Growth at 6.6% for 2026 and 6.7% for 2027
- Report Name: World Economic Situation and Prospects (WESP) 2026.
- Global Growth Projection (2026): 2.7% (declining from 2.8% in 2025).
- Key Growth Driver: Strong demand in major international markets.
- India’s Status: Projected to remain the fastest-growing major economy.
Global Economic Outlook:
Global Growth: Global growth is expected to moderate to 2.7% in 2026, down from an estimated 2.8% in 2025 and 2.9 percent in 2027.
Global Trade: Global trade is projected to slow significantly to 2.2% in 2026, compared to 3.8% in 2025.
IMF Comparison: UN projections align with the International Monetary Fund (IMF), which expects India to be the only major economy growing above 6% in 2025–26.
GDP Growth: India’s real GDP growth for Financial Year 2025–26 (FY26) is projected at 7.4%, up from 6.5% in FY 2024–25.
Sectoral Growth FY 2025–26:
Services: Services Gross Value Added (GVA) is projected to grow 7.3%, driven by core services at 9.9% and trade-related services at 7.5%.
Industry: Manufacturing and construction are expected to expand by 7.0%.
Demand: Private consumption is projected to rise by 7.0%, supported by strong investment and Gross Fixed Capital Formation (GFCF) growth of 7.8%.
Agriculture: Agriculture and allied sectors are expected to grow moderately at 3.1% on healthy crop output.
Utilities: Electricity, gas, water, and utilities are projected to grow by 2.1%.
About United Nations Department of Economic and Social Affairs (UN-DESA):
Under-Secretary-General for Economic and Social Affairs– Li Junhua
Headquarters– New York, United States of America (USA)
Establishment– 1948
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