Asian Development Outlook (ADO) 2015 Supplement: Growth Holds Its Own in Developing Asia

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The outlook for aggregate gross domestic product is unchanged from the ADO Update at 5.8% expansion in 2015 and 6.0% in 2016, as subregional forecasts are unchanged except for slight downward revisions for Central Asia and the Pacific.

The regional forecast is sustained in the face of a lower combined growth outlook for the major industrial economies of the United States (US), the euro area, and Japan. Sluggish recovery in the US and further contraction of gross domestic product (GDP) in Japan prompt downward revisions in the growth projections for these economies in 2015 and 2016.

Highlights

About the Asian Development Outlook

The Asian Development Outlook is ADB’s main economic forecasting product. It is published each March/April with an update published in September and brief supplements published in July and December.

 

 
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Source URL: https://www.adb.org/publications/asian-development-outlook-supplement-december-2015