Publications and Documents
Explore our data-rich research, policy analysis, toolkits, guidelines, and other resources on economics and key development topics. Our operational documents are also available in this section.
The Asian Development Outlook analyzes economic and development issues in developing countries in Asia. This includes forecasting the inflation and gross domestic product growth rates of countries throughout the region, including the People’s Republic of China and India.
This edition shows that growth in Asia and the Pacific remains robust amid strong domestic demand and continued recovery in exports.
Asia and the Pacific’s developing economies are projected to grow 5.0% this year on the back of resilient domestic demand and strong export growth, particularly in the electronics sector.
Economic growth in developing Asia continues to be resilient. ADB forecasts 4.9% growth for developing Asia this year and next year. Growth is being driven by robust domestic demand, improving semiconductor exports, and continued recovery in tourism.
Growth in developing Asia and the Pacific is expected to remain resilient, propelled by strong domestic demand, improving semiconductor exports, and the ongoing recovery in tourism.
Developing Asia’s outlook remains upbeat despite global challenges. The 2023 growth forecast is revised up from September’s projection, to 4.9% from 4.7%, on robust domestic demand. The 2024 forecast is maintained at 4.8%.
The economic outlook for Asia and the Pacific remains upbeat, with the region’s developing economies expected to grow 4.7% in 2023, and 4.8% in 2024, but risks remain elevated.
Exports from developing Asia weakened in the first quarter of 2023 as global demand slowed. However, consumption and investment are forecast to boost aggregate regional growth to 4.8% in 2023, as earlier forecast, with the projection for 2024 revised down only marginally to 4.7%.
The background papers and notes for the “Asia in the Global Transition to Net Zero: Thematic Report of the Asian Development Outlook 2023” are made available here to communicate the results of the underlying research work with the least possible delay.
Growth forecasts for developing Asia’s economies are looking brighter, with 4.8% growth projection this year and next year. Inflation in developing Asia is also expected to moderate and return to its pre-pandemic levels.