GDP Growth Rate, % per year

2017 2018 2019

Central Asia 4.2 4.4 4.9
Armenia 7.5 5.2 7.6
Azerbaijan 0.2 1.4 2.2
Georgia 4.8 4.8 5.1
Kazakhstan 4.1 4.1 4.5
Kyrgyz Republic 4.7 3.8 4.5
Tajikistan 7.1 7.3 7.5
Turkmenistan 6.5 6.2 6.3
Uzbekistan 4.5 5.4 5.6

East Asia 6.3 6.1 5.4

Hong Kong, China 3.8 2.9 -1.2
Mongolia 5.3 7.2 5.1
People's Republic of China 6.9 6.7 6.1
Republic of Korea 3.2 2.7 2.0
Taipei,China 3.3 2.7 2.7

South Asia 6.8 6.1 5.1

Afghanistan 2.7 2.7 3.0
Bangladesh 7.3 7.9 8.2
Bhutan 6.3 3.8 4.4
India 7.0 6.1 5.0
Maldives 6.8 6.9 5.7
Nepal 8.2 6.7 7.1
Pakistan 5.2 5.5 3.3
Sri Lanka 3.4 3.2 2.6

Southeast Asia 5.3 5.1 4.4

Brunei Darussalam 1.3 0.1 3.9
Cambodia 7.0 7.5 7.1
Indonesia 5.1 5.2 5.0
Lao People’s Dem. Rep. 6.9 6.2 5.0
Malaysia 5.7 4.7 4.3
Myanmar 5.8 6.4 6.8
Philippines 6.7 6.2 5.9
Singapore 4.3 3.4 0.7
Thailand 4.1 4.2 2.4
Timor-Leste -3.8 -0.6 3.4
 Viet Nam 6.8 7.1 7.0

The Pacific 3.7 0.4 3.8

Cook Islands 6.8 8.9 5.3
Federated States of Micronesia 2.7 0.2 3.0
Fiji 5.4 3.5 0.7
Kiribati 0.3 2.3 2.4
Marshall Islands 3.6 3.6 3.8
Nauru -5.5 5.7 1.0
Niue 2.4 6.5 ...
Palau -3.8 1.5 -3.1
Papua New Guinea 3.5 -0.8 4.8
Samoa 1.0 -2.2 3.5
Solomon Islands 3.7 3.9 2.6
Tonga 5.4 0.2 3.0
Tuvalu 3.2 4.3 4.1
Vanuatu 4.4 2.8 2.8

Developing Asia 6.2 5.9 5.2

Developing Asia excluding the NIEs 6.6 6.4 5.7

Note: Newly indiustrialized economies are Hong Kong, China; Korea, Republic of; Singapore; and Taipei,China.

The table shows annual growth rates of GDP valued at constant market price, factor cost, or basic price. GDP at market price i
aggregation of value added by all resident producers at producers’ prices including taxes less subsidies on imports plus all non
value-added or similar taxes. Constant factor cost measures differ from market price measures in that they exclude taxes on p
include subsidies. Basic price valuation is the factor cost plus some taxes on production, such as those on property and payroll
less some subsidies, such as those on labor-related subsidies but not product-related subsidies. Most countries use constant m
valuation. Pakistan, Fiji, and Maldives use basic prices. To 2015, Singapore calculated real GDP using annually reweighted chai
measures of GDP reference years.
2020 2021
2.8 4.2
2.2 4.5
0.5 1.5
0.0 4.5
1.8 3.6
4.0 4.5
5.5 5.0
6.0 5.8
4.7 5.8

2.0 6.5
-3.3 3.5
2.1 4.6
2.3 7.3
1.3 2.3
1.8 2.5

4.1 6.0
3.0 4.0
7.8 8.0
5.2 5.8
4.0 6.2
-3.0 7.5
5.3 6.4
2.6 3.2
2.2 3.5

1.0 4.7
2.0 3.0
2.3 5.7
2.5 5.0
3.5 6.0
0.5 5.5
4.2 6.8
2.0 6.5
0.2 2.0
-4.8 2.5
-2.0 4.0
 4.8 6.8

-0.3 2.7
-2.2 1.0
1.6 3.0
-4.9 3.0
1.6 1.8
2.5 3.7
0.4 1.1
... ...
-4.5 1.2
0.8 2.8
-3.0 0.8
1.5 2.7
0.0 2.5
2.7 3.2
-1.0 2.5

2.2 6.2
2.4 6.7

ce. GDP at market price is the

es on imports plus all nondeductible
t they exclude taxes on production and
e on property and payroll taxes, and
countries use constant market price
annually reweighted chain volume