ALMATY, Kazakhstan, December 18. The Eurasian
Development Bank (EDB) expects a slowdown in global economic growth
in 2026 compared to the pace seen in 2024-2025, Trend's special
correspondent reports.
This assessment comes from the EDB’s "Macroeconomic Forecast
2026–2028," presented in Almaty, Kazakhstan.
The report indicates that the global economy is expected to lose
some momentum in 2026 compared to 2024-2025. While growth will
persist, it is likely to proceed at a steadier, more measured pace,
reflecting the world’s ongoing adaptation to new trade barriers and
tariffs.
The bank estimates that the U.S. economy will grow by around
1.6%, while the eurozone is expected to expand by roughly 1%. China
is set to be the driving force behind global growth, with its
economy expected to rev up by 4.6%.
Across regions, the forces driving growth are diverse. In the
U.S., investments in IT infrastructure are expected to be a major
boost, although higher interest payments on corporate and
government debt could limit some of that momentum. In Europe,
expanding government spending on defense and infrastructure
projects will serve as a key growth engine. Meanwhile, in China,
policymakers are actively stimulating domestic demand, signaling a
significant structural transformation in the economy.
The EDB, a multilateral development bank, aims to foster
economic growth, expand trade and economic ties among member
states, and promote regional integration through investment
activities. Its seven member countries include Armenia, Belarus,
Kazakhstan, Kyrgyzstan, Russia, Tajikistan, and Uzbekistan.
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