Ranked: 2026 GDP Growth Forecasts for the World’s 20 Largest Economies

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2026 GDP Growth Forecasts for the World’s 20 Largest Economies

Geopolitical tensions are putting pressure on global growth, but not all economies are affected equally. Which of the world’s largest economies are set to grow the fastest in 2026?

In this graphic, created in partnership with Terzo, we look at real GDP growth projections for the world’s 20 largest economies. It’s part of our Markets in a Minute series, which delivers quick economic insights.

Ranking GDP Growth by Country

In 2026, India is projected to see the highest GDP growth among economic powerhouses. The IMF raised its forecast due to India’s strong economy in 2025, as well as the reduction in U.S. tariffs on Indian goods.

Country 2026 Projected Real GDP Growth
🇮🇳 India 6.5%
🇮🇩 Indonesia 5.0%
🇨🇳 China 4.4%
🇹🇷 Türkiye 3.4%
🇵🇱 Poland 3.3%
🇸🇦 Saudi Arabia 3.1%
🇺🇸 U.S. 2.3%
🇪🇸 Spain 2.1%
🇦🇺 Australia 2.0%
🇧🇷 Brazil 1.9%
🇰🇷 South Korea 1.9%
🇲🇽 Mexico 1.6%
🇨🇦 Canada 1.5%
🇳🇱 Netherlands 1.2%
🇷🇺 Russia 1.1%
🇫🇷 France 0.9%
🇬🇧 UK 0.8%
🇩🇪 Germany 0.8%
🇯🇵 Japan 0.7%
🇮🇹 Italy 0.5%

Source: IMF World Economic Outlook, April 2026. Real GDP growth is adjusted for inflation.

China takes the third spot among the world’s largest economies with forecasted growth of 4.4%. Its relatively strong prediction is the result of lower U.S. tariff rates on Chinese goods, as well as policy support from Chinese authorities to offset the negative effects of the Middle East conflict.

As a result of the conflict, Saudi Arabia saw the biggest drop in its growth forecast among the world’s largest economies. Experts expect that temporarily reduced oil exports will create a drag on GDP. However, Saudi Arabia is much better off than many of its neighbors due to the East-West pipeline that is able to redirect nearly half of the exports that normally flow through the Strait of Hormuz to the Red Sea instead.

U.S. Economic Growth in 2026

The IMF predicts that the U.S. will have the highest GDP growth among large developed countries, on track for 2.3% in 2026. Boosts to growth come from government spending, interest rate cuts in 2025, and strong productivity. On the flip side, trade barriers and the Middle East war may create moderate drags on growth.

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