Key Indicators for Asia and the Pacific 2019

The Key Indicators for Asia and the Pacific 2019, the 50th edition of this series, includes the latest available economic, financial, social, and environmental indicators for the 49 regional members of the Asian Development Bank. It presents the latest key statistics on development issues concerning the economies of Asia and the Pacific to a wide audience, including policy makers, development practitioners, government officials, researchers, students, and the general public.

Across other regions of the world, the global GDP shares in 2018 of South America (5.1%),Africa (4.9%), West Asia (4.7%), and economies not belonging to any specified region (1.8%) were little changed from the respective shares of these regions in 2000 and 2010.Among these regions, the largest change during the review period occurred in South America, where global GDP share fell from 6.1% in 2000 to 5.1% in 2018.
In 2018, the five largest economies in Asia and the Pacific in terms of GDP at PPP together  In Japan, marginal GDP growth of 0.6% was achieved in 2016.This rose to 1.9% in 2017, before falling to 0.8% in 2018.The Republic of Korea experienced moderate growth of 2.9% in 2016, 3.2% in 2017, and 2.7% in 2018.The largest economy in the Asia and Pacific region-and, indeed, in the world-in terms of GDP at PPP was the PRC.It expanded at rates of 6.7% in 2016, 6.8% in 2017, and 6.6% in 2018.Indonesia's economy grew 5. 0%, 5.1%, and 5.2% in 2016, 2017, and 2018, respectively.

Data Issues and Comparability
Indicators in this theme are derived from national accounts statistics compiled in accordance with the UN System of National Accounts.As national statistics offices gradually adopt the latest 2008 System of National Accounts framework with regard to data compilation frameworks and methodologies, these indicators will become more consistent across economies.Currently, economies in the region have varying reference periods (e.g., calendar year versus fiscal year) and price valuation methods.Due to a lack of reliable data and limited technical and financial resources dedicated to national accounts compilation, some economies with small statistics offices are not able to provide timely estimates, while some are dependent on the estimates of external institutions.383,318 704,385 1,193,596 1,483,151 1,440,948 1,220,347 1,235,745 1,352,365 1,380,500 Japan 4,887,520 4,755,410 5,700,098 5,155,717 4,850,414 4,389,475 4,926,667 4,859,951 4,970,075 New Zealand 54,444 114,723 146,584 190,786 200,835 177,207 187,853 202,276 ... a Gross domestic product at local currency units are obtained from economy sources and are converted to United States dollars using the official exchange rates from the International Monetary Fund.The exchange rates used are expressed as the average rate for a period of time (average of period), calculated as annual averages based on the monthly averages (local currency units relative to the United States dollar).b For reporting economies only.

Source:
Asian Development Bank estimates.
Regional Trends and Tables Economy and Output National Accounts a Refers to a conversion factor that averages the exchange rate for a given year and the 2 preceding years, adjusted for differences in rates of inflation between the member economy and the G5 economies.
Sources: World Bank.World Development Indicators Online.http://data.worldbank.org(accessed 18 July 2019).For the Cook Islands; Niue; and Taipei,China: Asian Development Bank estimates using Atlas method based on economy sources.

Economy and Output
National Accounts  ... = data not available, 0.0 = magnitude is less than half of the unit employed, ADB = Asian Development Bank, GDP = gross domestic product.
a Calculated as a share of GDP at current prices.b For Thailand, value added for construction is included under services.
Source: Economy sources.

Economy and Output
National Accounts

Economy and Output
National Accounts  a Computed as a share of GDP at current prices.
Sources: Economy sources.

Economy and Output
National Accounts  The Pacific Cook Islands 0.1 -3.5 1.9 3.9 8.5 -1.5 3.5 -13.9 -4.0 Fiji -1.2 0.9 -2.6 6.7 1.9 2.9  a National accounts are compiled using chain volume measures.b Industry refers to manufacturing, construction, and utilities.c Industry refers to mining and quarrying; manufacturing; electricity, gas, steam, and air-conditioning supply; water supply; and sewerage, waste management, and remediation activities.

National Accounts
Source: Economy sources.
Regional Trends and Tables Economy and Output National Accounts

Economy and Output
National Accounts  Source: Economy sources.

National Accounts
Regional Trends and Tables Economy and Output National Accounts

Production
Economy and Output

Production
Key Indicators for Asia and the Pacific 2019

Figure 2
Figure 2.2.1:Global Distribution of Gross Domestic Product at Purchasing Power Parity (%)

Figure 2.2.2: Growth Rates of Real Gross Domestic Product in Asia's Five Largest Economies
Note:Largest economies are determined in terms of gross domestic product at purchasing power parity in 2018.Source:Table2.2.11, Key Indicators for Asia and the Pacific 2019.

Table 2 .2.3: Gross Domestic Product per Capita at Purchasing Power Parity
(current international dollars)

Table 2 .2.7: Household and Government Consumption Expenditure
a Calculated as a share of GDP at current prices.bDatafor household consumption includes nonprofit institutions serving households.cPrior to 2010, data for household consumption includes nonprofit institutions serving households.dData for household consumption includes government consumption.Source:Economy sources.

Table 2 .2.8: Gross Capital Formation and Changes in Inventories
(% of GDP a ) b Refers to gross fixed capital formation and includes data on changes in inventories.cChanges in inventories include statistical discrepancy.Source:Economy sources.

Table 2 .2.9: Exports and Imports of Goods and Services
(% of GDP a )