In January 2026, the United Nations Department of Economic and Social Affairs (UN-DESA) released its flagship report titled “World Economic Situation and Prospects (WESP) 2026”. The report has projected India’s GDP growth at 6.6% in calendar year (CY) 2026, making India the fastest-growing major economy despite global uncertainties. The projection is slightly lower than India’s estimated 7.4% growth for 2025, while growth is forecast to improve marginally to 6.7% in 2027.
Report Details (For Exams)
- What: UN-DESA projected India’s GDP growth at 6.6% in 2026 and 6.7% in 2027
- Report Name: World Economic Situation and Prospects (WESP) 2026
- India’s Status: Expected to remain the fastest-growing major economy
Why India’s Growth Remains Strong
According to the report, India’s strong performance will be supported mainly by:
- Resilient household consumption
- Strong public investment
- Support from tax reforms and monetary easing
These factors are expected to help India manage global challenges such as trade tensions and policy uncertainty.
Global Growth Outlook (2026)
UN-DESA has projected that the global economy may grow slower in 2026:
- Global growth (2026): 2.7%
- 2025 estimate: 2.8%
- 2027 projection: 2.9%
This shows that the world economy is still growing, but at a moderate pace due to global instability and trade-related concerns.
Global Trade Projection
The report also warns about weakening global trade momentum:
- Global trade growth (2026): 2.2%
- Global trade growth (2025): 3.8%
This is important because slower global trade can impact exports and international business.
Inflation Forecast for India
-
India’s inflation forecast (2025): 4.1%
This suggests inflation is expected to remain relatively controlled, supporting overall economic stability.
IMF Comparison
- UN projections align closely with the International Monetary Fund (IMF) view that:
- India may remain the only major economy growing above 6% during 2025–26.
About UN-DESA (Static GK)
- Full Name: United Nations Department of Economic and Social Affairs (UN-DESA)
- Under-Secretary-General: Li Junhua
- Headquarters: New York, USA
- Established: 1948


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