Apr 16 (BNP): The global economy is expected to see a major surge in growth over the next five years, driven largely by rapid advances in artificial intelligence, quantum computing, and other emerging technologies, according to the World Economic Forum (WEF).

The report estimates that global GDP could increase by about $56 trillion over this period, as industries across the world adopt new technologies that improve efficiency, productivity, and innovation.

Artificial intelligence is expected to be the strongest growth driver, reshaping how businesses operate by automating processes, enhancing decision-making, and enabling new digital services. Other frontier technologies, including quantum computing, are also likely to transform sectors such as healthcare, finance, manufacturing, and logistics.

At the same time, the WEF notes that the benefits of this growth may not be evenly shared. Countries that invest early in digital infrastructure, innovation ecosystems, and skill development are expected to gain a stronger advantage.

The report also highlights potential challenges, including job displacement, regulatory gaps, and widening digital inequality, which may require coordinated policy responses.

Overall, the outlook points to a strong but uneven global growth phase, increasingly powered by next-generation technologies that are reshaping the future of the global economy.