East Asia and Pacific Sees Steady Growth Amid Global Uncertainty
you are currently viewing:East Asia and Pacific Sees Steady Growth Amid Global UncertaintyOctober 6, 2026-Bold reforms in infrastructure, skills, and policy are needed to maintain growth and turn AI’s potential into jobs.
Growth remains uneven across economies and sectors, while growing adoption of Artificial Intelligence (AI) is creating new opportunities, according to the latest bi-annual Economic Update for the region. The report examines both the region’s near-term economic prospects and the transformative-even if still unevenly distributed-role of AI in shaping its future workforce and economies. Across the region, several economies have grown more quickly than anticipated in 2026, propelled by the manufacture and export of high-tech goods that have underpinned a global surge in AI-related activity. The growth forecast for 2026 has been revised up by 1.1 percentage point to 7.4% for Viet Nam, by 0.7 percentage point to 5.1% for Malaysia, and by 0.7 to 2.0% for Thailand. Pacific Island countries-particularly vulnerable to high energy prices and with limited buffers against external shocks-are growing at 2.2%, a 0.5 percentage point slower than previously anticipated. China, the region's largest economy, is growing at 4.4% as domestic demand remains constrained by a soft labor market and ongoing adjustments in the property sector. Source: worldbank.org |
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