ADB raises S. Korea's 2026 growth forecast to 3.2%

The Asian Development Bank on Wednesday raised its 2026 economic growth forecast for South Korea to 3.2 percent from the 2.6 percent projected in July, citing strong exports and corporate earnings amid the artificial intelligence (AI) boom. The ADB's latest estimate marks a 0.6 percentage-point increase from the previous report, with the bank also raising its 2027 growth outlook for Asia's fourth-largest economy by 0.3 percentage point to 2.3 percent. The Manila-based bank had projected growth o

Source: The Korea Herald