He noted that the easing of monetary policy and improvements in international financial flows contributed to this stability.
“We expect economic growth to remain at 2.7% this year, slightly below 2.8% in 2025. Inflation is expected to decrease to 3.1%,” he added.
There is also growth in GDP per capita in developing countries, although the pace of this growth is slowing: in the last reporting period, this figure was 3.3%, significantly lower than 4.3% in the early 2000s.
“Before the pandemic, wage growth generally matched the inflation rate; however, after 2020, wages began to rise more slowly than prices,” Mukerji noted.
According to the UN, the global economy will enter 2026 on a stable, albeit restrained trajectory, despite the shocks in trade that occurred last year.
In developed countries, moderate growth of 1.6% is expected, driven by consumer demand support and declining interest rates. The situation in developing regions is more complex: in Africa, growth is projected to reach 4%, while in East Asia, the rate is decreasing to 4.4% considering China's slowdown to 4.6%. South Asia, on the other hand, will remain a dynamically developing region with a growth rate of 5.6%, while in West Asia, the pace will increase to 4.1%.
