UNCTAD Warns of Sharper Global Economic Slowdown by 2026

The United Nations Trade and Development (UNCTAD) has released its 2026 Trade and Development Report, warning of a significant economic slowdown. Global growth is projected to decline to 2.6% in 2026, dropping from the 2.9% recorded the previous year. Developing economies are expected to face a sharper deceleration, with growth rates slipping to 4.0% from 4.7% in 2025. This report highlights growing economic challenges facing both developed and emerging markets. UNCTAD suggests that urgent policy interventions may be required to stabilize the global economic outlook.