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World Bank forecasts the Middle East economy will shrink 2.1 percent in 2026 because of the war, with Qatar down 20.9 percent

Reportedon one origin only: 1 distinct origin, 0 tied to no party.

The World Bank lowered its 2026 forecast for the Middle East to a 2.1 percent contraction, citing constrained energy supplies, and projected GCC economies would shrink by an average of 4.3 percent and Qatar's by 20.9 percent, The National reported. It said Gulf oil output fell from 26 million barrels a day before the war to about 16 million in March.

When
6 October 2026
Where
Middle East, No single country
What
market
Attribution
Not attributed
In the record
Published 2026-10-27 21:03 UTC · revision 1 · backfilled

Sources

  1. Evidence The National Media · Government of the United Arab Emirates origin: World Bank regional economic update · published 2026-10-06 00:00 UTC

History

WhenFieldFromToWhy
2026-10-27 21:03 UTCstatusnullreportedP1 backfilled: researched from cited sources and graded by the one rule

Cite or reuse

The War Record, "World Bank forecasts the Middle East economy will shrink 2.1 percent in 2026 because of the war, with Qatar down 20.9 percent", ev-20261027-z84s, revision 1, https://thewarrecord.com/events/ev-20261027-z84s/

This month's events as JSON (id ev-20261027-z84s) · CC BY 4.0