New Delhi, Jan 8 (NationPress) A recent report from the United Nations (UN) has forecasted India's GDP growth at an impressive 6.6 percent for the year 2026, even as the global economic growth is anticipated to decelerate to 2.7 percent due to geopolitical uncertainties and shifting policy landscapes.

The report notes, “Robust demand in key markets may help to cushion the impact of US tariff increases on India,” indicating a mildly optimistic outlook.

While the UN has revised its earlier estimate for India's growth rate from 7.4 percent, it aligns with the IMF’s projections, which suggest that India will remain the only significant economy to achieve over 6 percent growth during 2025-26.

The UN's 'World Economic Situation and Prospects 2026' report emphasizes that the global economy is bracing for a potential extended phase of subdued growth compared to pre-pandemic levels, with many nations and communities lagging behind.

Ongoing geopolitical risks, persistent policy ambiguity, and fiscal hurdles are casting shadows over the global economic horizon. Despite a sharp rise in tariffs from the United States in 2025 disrupting trade, the global economy demonstrated surprising resilience.

Looking ahead to 2026, the report predicts a moderation in global growth, primarily due to subdued international trade, although this may be somewhat balanced by continued support from monetary easing.

The report also points out that while inflation has significantly decreased in various economies, the rising cost of living is straining household finances and intensifying inequality. The potential for renewed supply chain disruptions remains high due to conflicts, climate change, trade fragmentation, and geopolitical tensions, contributing further to global uncertainty.

In a parallel report, India's real GDP growth has been projected at 7.4 percent for FY 2025-26, an increase from 6.5 percent during FY 2024-25, as per the advance estimates released by the Ministry of Statistics on Wednesday.

The country’s economic pace surged to a robust 8.2 percent in the second quarter (July-September) of the current financial year, compared to 5.6 percent during the same quarter of FY 2024-25, based on official data released in November.

These statistics affirm India's position as the world’s fastest-growing major economy, despite the adverse impacts of US tariff hikes.

The IMF anticipates that India will be the sole economy projected to achieve over 6 percent growth in 2025-26, as the turmoil from US tariffs is predicted to disrupt global trade and dampen overall economic growth.