Global Economic Growth Forecast Lowered Amidst Iran-Israel Conflict

Washington DC. The global economy's growth rate is estimated to reach its weakest level since the COVID-19 pandemic due to the ongoing US-Israel war with Iran.

According to a new report released by the World Bank, global economic growth will be limited to 2.5 percent in 2026. This is significantly lower than in 2025. Last year, the global economy grew by 2.9 percent.