ADO 2021 Statistical Table

as of 03/14/202307:45:42

Table A1 Growth rate of GDP (% per year)

2019 2020 2021 2022 2023

ADO 2022 Update ADO 2022 Update
Developing Asia 5.0 -0.7 7.0 5.2 4.3 5.3 4.9
Developing Asia excluding the PRC 3.9 -3.5 5.9 5.5 5.3 5.8 5.3
Caucasus and Central Asia 4.7 -2.0 5.7 3.6 3.9 4.0 4.2
Armenia 7.6 -7.2 5.7 2.8 7.0 3.8 4.5
Azerbaijan 2.5 -4.3 5.6 3.7 4.2 2.8 2.8
Georgia 5.0 -6.8 10.4 3.5 7.0 5.0 6.0
Kazakhstan 4.5 -2.5 4.3 3.2 3.0 3.9 3.7
Kyrgyz Republic 4.6 -8.4 3.6 2.0 3.0 2.5 3.5
Tajikistan 7.5 4.5 9.2 2.0 4.0 3.0 5.0
Turkmenistan … … 5.0 6.0 5.8 5.8 5.8
Uzbekistan 5.7 1.9 7.4 4.0 4.0 4.5 5.0
East Asia 5.5 1.8 7.7 4.7 3.2 4.5 4.2
Hong Kong, China -1.7 -6.5 6.3 2.0 0.2 3.7 3.7
Mongolia 5.6 -4.6 1.4 2.3 1.7 5.6 4.9
People's Republic of China 6.1 2.2 8.1 5.0 3.3 4.8 4.5
Republic of Korea 2.2 -0.7 4.1 3.0 2.6 2.6 2.3
Taipei,China 3.1 3.4 6.6 3.8 3.4 3.0 3.0
South Asia 4.0 -5.2 8.1 7.0 6.5 7.4 6.5
Afghanistan 3.9 -2.4 … … … … …
Bangladesh 7.9 3.4 6.9 6.9 7.2 7.1 6.6
Bhutan 5.8 -10.0 4.1 4.5 4.5 7.5 4.0
India 3.7 -6.6 8.7 7.5 7.0 8.0 7.2
Maldives 6.9 -33.5 37.1 11.0 8.2 12.0 10.4
Nepal 6.7 -2.4 4.2 3.9 5.8 5.0 4.7
Pakistan 3.1 -0.9 5.7 4.0 6.0 4.5 3.5
Sri Lanka 2.3 -3.6 3.3 2.4 -8.8 2.5 -3.3
Southeast Asia 4.7 -3.2 3.3 4.9 5.1 5.2 5.0
Brunei Darussalam 3.9 1.1 -1.6 4.2 2.2 3.6 3.6
Cambodia 7.1 -3.1 3.0 5.3 5.3 6.5 6.2
Indonesia 5.0 -2.1 3.7 5.0 5.4 5.2 5.0
Lao People’s Dem. Rep. 4.7 -0.5 2.3 3.4 2.5 3.7 3.5
Malaysia 4.4 -5.5 3.1 6.0 6.0 5.4 4.7
Myanmar 6.8 3.2 -5.9 -0.3 2.0 2.6 2.6
Philippines 6.1 -9.5 5.7 6.0 6.5 6.3 6.3
Singapore 1.1 -4.1 7.6 4.3 3.7 3.2 3.0
Thailand 2.2 -6.2 1.5 3.0 2.9 4.5 4.2
Timor-Leste 2.1 -8.6 1.5 2.5 2.3 3.1 3.0
Viet Nam 7.0 2.9 2.6 6.5 6.5 6.7 6.7
The Pacific 3.1 -6.4 -1.5 3.9 4.7 5.4 5.5
Cook Islands 5.3 -5.2 -29.1 9.1 10.5 11.2 11.2
Federated States of Micronesia 2.7 -3.8 -1.2 2.2 2.2 4.2 4.1
Fiji -0.6 -17.2 -4.1 7.1 11.7 8.5 8.5
Kiribati -0.5 -0.5 1.5 1.8 1.8 2.3 2.3
Marshall Islands 6.6 -2.2 -3.3 1.2 -1.2 2.2 -0.3
Nauru 1.0 0.7 1.6 1.0 1.2 2.4 2.2
Niue 4.9 ... ... ... ... ... ...
Palau -1.9 -9.7 -17.1 9.4 4.6 18.3 8.8
Papua New Guinea 4.5 -3.5 -0.2 3.4 3.5 4.6 4.9
Samoa 4.5 -3.1 -7.1 0.4 -5.3 2.2 2.0
Solomon Islands 1.7 -3.4 -0.5 -3.0 -4.2 3.0 3.0
Tonga 0.7 0.5 -2.7 -1.2 -2.0 2.9 3.7
Tuvalu 13.9 1.0 1.5 3.0 2.5 3.0 2.7
Vanuatu 3.2 -5.0 1.0 1.0 2.0 4.0 4.0
... = not available, ADO = Asian Development Outlook, GDP = gross domestic product.
Notes: Some historical data for Turkmenistan are not presented for lack of uniformity. A fluid situation permits no forecasts
for Afghanistan in 2022–2023.

# INTERNAL. This information is accessible to ADB Management and staff. It may be shared outside ADB with appropriate permission.