The global economy is expected to grow by 2.8 per cent in 2027, slightly faster than the estimated 2.7 per cent in 2026, according to Goldman Sachs Research's Global Economic Outlook 2027, released this week and reported by ANI on Saturday. Lower energy prices and sustained investment in artificial intelligence are expected to support activity, offsetting tighter financial conditions and a smaller fiscal impulse.

Source: ANI, Nov 14, 2026

"We expect another year of solid but unremarkable GDP growth in 2027, but several of the impulses that shaped global growth in 2026 will look different," said Jan Hatzius, Chief Economist and Head of Goldman Sachs Research, in the outlook.

2.8%forecast global GDP growth in 2027, up from 2.7% in 2026 (Goldman Sachs)
$78forecast Brent crude price per barrel by the end of 2027
$1.8 trillionforecast global nominal AI investment in 2027, up from $1.1 trillion in 2026 (yaani 180,000 crore dollar)
0.4 ppestimated contribution of AI investment to global GDP growth in 2027
$132oil price per barrel Goldman flags as possible if the Iran war escalates again

Energy turns from drag to tailwind

Energy prices, which weighed on global growth in 2026, are expected to become a modest support in 2027 as Middle East supply conditions normalise. Goldman Sachs' commodity strategists expect Brent crude to decline to $78 per barrel by the end of 2027, alongside a similar easing in global liquefied natural gas prices — turning energy's effect from a drag of about 0.4 percentage point in 2026 into a small boost.

AI spending is the biggest engine

Global nominal AI investment is projected to rise to $1.8 trillion in 2027 from $1.1 trillion in 2026, driven largely by higher hardware spending in the United States — an increment of more than $500 billion in US hardware alone, according to reports of the outlook. Goldman estimates AI investment will contribute about 0.4 percentage point to global GDP growth in 2027, and about 0.6 percentage point to US growth, while cautioning that the labour-market effects of AI adoption will remain modest in 2027 and grow larger in 2028-29.

What is solid

  • Goldman Sachs Research forecasts 2.8% global GDP growth in 2027 versus 2.7% in 2026, Brent at $78 a barrel by end-2027, and global AI investment rising from $1.1 trillion to $1.8 trillion contributing about 0.4 percentage point to global growth (ANI report of the outlook, corroborated by multiple reports of the same research note).

What is only claimed

  • The outlook is a forecast, not an outcome: Goldman itself says risks are tilted to the downside, and its Brent path depends on Middle East supply normalising — the same assumption the Iran war has repeatedly broken this year.

What happens next: Goldman cautions that the risks to its baseline are tilted to the downside. A renewed escalation in Iran could push energy prices sharply higher again — one scenario in reports of the outlook puts oil at $132 a barrel — while widening fiscal deficits could raise borrowing costs in developed bond markets, and the AI investment cycle could peak earlier than expected. The forecast will be tested first by winter energy prices in Europe and by whether Gulf exports keep recovering through the Strait of Hormuz.