{"id":423926,"date":"2026-01-19T20:17:15","date_gmt":"2026-01-19T20:17:15","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/423926\/"},"modified":"2026-01-19T20:17:15","modified_gmt":"2026-01-19T20:17:15","slug":"imf-slashes-russias-2026-growth-forecast-to-0-8","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/423926\/","title":{"rendered":"IMF Slashes Russia\u2019s 2026 Growth Forecast to 0.8%"},"content":{"rendered":"

The International Monetary Fund on Monday lowered<\/a> its forecast for Russia\u2019s economic growth to 0.8% in 2026 as it raised the global outlook to 3.3%.<\/p>\n

Previously, the IMF forecast Russia\u2019s 2026 GDP growth at 1% before cutting it by 0.2% in the latest World Economic Outlook update.<\/p>\n

The Washington-based institution\u2019s projection places Russia below both the emerging market average growth of 4.2% and that of advanced economies of 1.8% this year.<\/p>\n

Russia\u2019s Central Bank has\u00a0projected<\/a>\u00a02026 GDP growth between\u00a00.5% and 1.5%. The\u00a0Economic Development Ministry projected growth of 1.3%.<\/p>\n

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The IMF kept<\/a> Russia\u2019s 2025 growth estimate at 0.6%, a steep slowdown from the 4.3% GDP growth it recorded in 2024 amid surging defense spending.\u00a0It projected Russia\u2019s GDP to grow 1% in 2027.<\/p>\n

Globally, the IMF upgraded its 2026 growth forecast by 0.2 percentage points to 3.3% over a projected boost from AI investments.<\/p>\n

The IMF estimates U.S. growth at 2.4% this year, 0.3 percentage points higher than predicted in October. In contrast, it expects euro area growth of 1.3% and a slower pace in Japan.<\/p>\n

Most of the upward revision in global growth this time was accounted for by the United States and China, the IMF said.<\/p>\n

AFP contributed reporting.<\/p>\n

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