Macro EconomyMedium•13 October 2026•
1 min read
IMF Upgrades UK 2026 GDP Growth Forecast to 1.3%
Key Facts
1The IMF upgraded its UK GDP growth forecast to 1.3% for 2026, a 0.5 percentage point increase from April.
2The IMF cited AI as a driver for stronger growth despite the energy shock unleashed by the Iran war.
The IMF upgraded its UK GDP growth forecast to 1.3% for 2026. According to forex.com, this revision marks a 0.5 percentage point increase from the projections issued in April, signaling a more robust outlook for the British economy.
The institution cited artificial intelligence as a primary driver for stronger productivity growth. These revised figures come as the IMF assesses the impact of energy shocks unleashed by the Iran war, suggesting that technological advancements may offset the economic headwinds caused by the conflict.