World Bank Raises East Asia and Pacific Growth Forecast on AI Boom

The World Bank has raised its growth forecast for economies in East Asia and the Pacific this year, citing stronger industrial and technology exports driven by the global artificial intelligence boom.

The upgrade reflects the boost that worldwide demand linked to AI has given the region’s exporters, strengthening their contribution to the economic outlook.

But the bank warned that growing reliance on the sector also carries risks. A slowdown in global technology spending could leave Asian economies exposed to major disruptions.

The revised outlook highlights the region’s opportunity to benefit from the AI expansion, while underscoring its vulnerability if the spending supporting that growth begins to weaken.