Asian Development Outlook (ADO) 2020 Supplement: Lockdown, Loosening, and Asia’s Growth Prospects
Publication | June 2020
SHARE THIS PAGE
This publication provides updated economic forecasts for Asia and the Pacific, taking into consideration the impact of coronavirus disease (COVID-19).
Citable URL
Developing Asia is now projected to grow by only 0.1% in 2020, which would be the lowest regional growth outcome since 1961. Contraction is expected in all subregions except in East Asia. Growth will rebound to 6.2% in 2021 but composite GDP next year will remain below its pre-crisis trend, so the recovery will not be V-shaped. Excluding newly industrialized economies, regional growth is forecast at 0.4% in 2020 and 6.6% in 2021. Regional inflation is expected to remain benign at 2.9% in 2020 and 2.4% in 2021.
Additional Details
| Type | |
| Series | |
| Subjects |
|
| Pages |
|
| Dimensions |
|
| SKU |
|
| ISBN |
|