The Economic Impact of the COVID-19 Outbreak on Developing Asia

Publication | March 2020
SHARE THIS PAGE

This brief analyzes the potential economic impact of the new coronavirus outbreak on developing Asian economies across various scenarios.

Note: The analysis in this publication has been updated in the Special Topic included in the Asian Development Outlook 2020.

  Download Updated Data  

Given the highly unpredictable nature of the outbreak, the range of scenarios explored in this brief suggests a global impact of $77 billion to $347 billion or 0.1% to 0.4% of global GDP, with a moderate case estimate of $156 billion or 0.2% of global GDP. Two-thirds of the impact falls on the PRC, where the outbreak has been concentrated so far. The estimated impact on individual developing Asian economies—and on sectors within these economies—is also provided.

Additional Details

Authors
Type
Series
Subjects
  • Economics
  • Health
  • COVID-19
  • Industry and trade
Countries
  • Bangladesh
  • China, People's Republic of
  • Philippines
Pages
  • 16
Dimensions
  • 8.5 x 11
SKU
  • BRF200096
ISBN
  • 978-92-9262-063-9 (print)
  • 978-92-9262-064-6 (electronic)
ISSN
  • 2071-7202 (print)
  • 2218-2675 (electronic)

Subscribe to our monthly digest of latest ADB publications.

Follow ADB Publications on social media.