New Delhi, Nov. 12 -- Growth in emerging markets outside the Gulf Cooperation Council (GCC) region will maintain a similar rate to 2026 in the coming year, driven by several large economies including India and Indonesia, according to Moody's Ratings.

In its latest report on global sovereigns for 2027, the rating agency noted that median GDP growth for all rated sovereigns will edge higher to 3.1 per cent from 2.5 per cent in 2026. While the global sovereign outlook remains stable, Moody's highlighted that India's primary fiscal balance will be sufficient to stabilise its debt-to-GDP ratio or set it on a downward path.

"Outside the Gulf Cooperation Council (GCC) region, growth in emerging markets will maintain a similar rate to 2026, dri...