East Asia Growth Outlook World Bank Flags Oil Shock Risks for Philippines and Thailand

East Asia growth outlook World Bank projections show regional growth slowing to 4.2% in 2026 from 5% in 2025 as Middle East conflict, higher energy prices and trade disruption weigh on the region.

Growth is expected to edge up to 4.4% in 2027. China’s economy is forecast to expand 4.2% in 2026 and 4.3% in 2027.

The World Bank said weak domestic demand, China’s property downturn and softer exports remain key drags.

The East Asia growth outlook World Bank also highlights that net energy importers such as Thailand and the Philippines are most exposed to oil shocks, while tighter financing and weaker remittances could add further pressure.