Taipei, Nov. 29 -- Soaring demand for artificial intelligence (AI) is boosting both exports and investment, prompting the Directorate-General of Budget, Accounting and Statistics (DGBAS) on Friday to sharply revise up Taiwan's 2025 economic growth forecast to 7.37 per cent, Focus Taiwan reported.

The DGBAS's latest projection was 2.92 percentage points higher than its August forecast of 4.45 per cent, based on upward revisions to exports, imports, private consumption, and private investment for the full year, the news report noted on Friday.

If the forecast holds, it would mark Taiwan's highest growth in 15 years, second only to 2010's 10.25 per cent.

Despite such a high base, the DGBAS projected 2026 growth to be at a healthy rate of ...