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IMF Lifts 2026 Global Growth Forecast on Asia's AI Export Boom | Axios Times

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EconomyOct 13, 2026, 4:23 AM

IMF Lifts 2026 Global Growth Forecast on Asia's AI Export Boom

Theo Kyodo News

The IMF has raised its 2026 global growth forecast to 3.1% from 3.0% in July, crediting sustained AI-related exports in several Asian economies with offsetting some of the economic damage from the war in Iran. The revision highlights Asia's expanding high-tech supply chains even as Middle East tensions keep risks elevated.

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The International Monetary Fund (IMF) on Monday raised its 2026 global growth forecast to 3.1%, up from the 3.0% it projected in July, as exports tied to artificial intelligence (AI) in several Asian economies continued to gain momentum.

According to the IMF, the AI boom across Asia has played a major role in lifting the growth outlook while helping to soften the negative effects of the war in Iran on the global economy.

The revision reflects the growing weight of Asia's high-tech supply chains and exports in the overall growth picture, even as geopolitical tensions in the Middle East remain a risk factor for the world economy.

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english.kyodonews.net