UBS Sees Global Growth Rising to 3.5% in 2027 From 3.2%

UBS projects a 3.5% expansion of the world economy in 2027, up from 3.2%, with recovering oil and gas volumes accounting for nearly all of the improvement.

The rebound in production is expected mainly in Saudi Arabia and the United Arab Emirates. UBS also sees AI infrastructure spending supporting economic activity and offsetting some pressure from tariffs and energy prices.