The economy IMF lowers forecasts for the global economy
The blocked Strait of Hormuz is leading to more expensive fuel prices and higher inflation. This is why the International Monetary Fund (IMF) is now lowering its expectations for the global economy.
14.04.2026, 17:03
14.04.2026, 17:04
SDA
"Once again, the global economy is at risk of going off track", according to the organization's latest outlook. While last year it was still "higher trade barriers and increased uncertainty" - which is probably a mitigating euphemism for US President Donald Trump's tariff policy - now the slump in the supply of raw materials as a result of the blocked Strait of Hormuz and the uncertainty caused by the war are weighing on the economy.
The IMF has revised its forecasts downwards for many nations - however, the assumptions are only valid if the war remains limited in duration, intensity and scope and the economic disruptions subside by mid-2026.
For Switzerland, the IMF expects gross domestic product (GDP) to grow by 1.3% this year and next. Inflation is likely to be 0.5%, according to the IMF data.
