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ADB Maintains Growth Forecast for Asia and the Pacific
ADB is maintaining its growth outlook for developing economies in Asia and the Pacific at 4.8% this year, as robust domestic demand continues to support the region’s recovery.
In Focus News and Events
Transport in Asia and the Pacific
Developing Asia will need to invest $1.7 trillion per year until 2030, if the region is to maintain growth, tackle poverty, and respond effectively to climate change. More than 30% of that investment needs to be in transport.
James Leather, Director of ADB's Transport Sector Office, discusses the transport challenges in developing Asia and how ADB is helping through financing and knowledge sharing.
Projects
Browse for ADB projects, project documents, procurement information, and awarded contracts.
Learn more about ADB projects:
Data and Statistics ADB's Data and Statistics
Data and statistical analysis in the Asia and Pacific region contributes to knowledge generation in ADB, helping strengthen its institutional priorities and operational effectiveness in its developing member countries.
GDP Growth Forecasts in Developing Asia
Given balancing developments, growth forecasts for East Asia are maintained at 4.6% in 2023 and at 4.2% in 2024, for South Asia at 5.5% in 2023 and 6.1% in 2024, and for the Pacific at 3.3% in 2023 and 2.8% in 2024.
Growth forecasts for the Caucasus and Central Asia are adjusted down from 4.4% to 4.3% in 2023 and from 4.6% to 4.4% in 2024 after oil production in Azerbaijan fell more than expected.
ADB Data Library
The ADB Data Library is the central store for all of ADB's public data. Browse data, view visualizations and interact with APIs.
Key Indicators Database (KIDB)
KIDB is ADB's central statistical database for macroeconomic and social indicators from across Asia and the Pacific.
AsianBondsOnline
AsianBondsOnline is a one-stop source of information on bond markets in emerging East Asia.
Featured Publications and Documents ADB's Publications and Documents
Gig Economy Employment during the Pandemic: An Analysis of GrabFood Driver Experiences in the Philippines
Developing Innovative Transport Systems for New Cities: Best Practices for Cities Embracing Emerging Mobility Trends and Innovations
Delivering on the Sustainable Development Goals through Solutions at the Energy, Food and Finance Nexus: 2023 Asia–Pacific SDG Partnership Report
Topics
ADB focuses on sectors and themes that align with the commitment to eradicate poverty. The Bank’s work also spans across several development goals and cross-cutting initiatives.
