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What is the economic outlook for developing Asia in 2021?
What are Asia's growth forecasts for 2022 & 2023?
What is the economic outlook for Asia & Pacific in 2023?
How will Asia's economy perform in 2023?
Sep 20, 2023 · Developing Asia’s economies are forecast to grow 5.2% this year and 5.3% in 2023, thanks to a robust recovery in domestic demand and continued expansion in exports. December 2021 Asian Development Outlook (ADO) 2021 Supplement: Recovery Continues
- Economic Forecasts: September 2020
As the pandemic persists, developing Asia is projected to...
- Economic Forecasts: December 2020
Economic activity in developing Asia is forecast to contract...
- Economic Forecasts: September 2020
points above the June 2020 World Economic Outlook Update forecast. The upgrade reflects a better second quarter outturn in major countries that eased lockdowns earlier than expected. The recovery is projected to be more gradual than previously forecast. In 2021 global growth is projected at 5.2 percent, 0.3 percentage point
Inflation will rise to 3.7% in 2022 and 3.1% in 2023. Risks include escalation of Russia's invasion of Ukraine, financial instability triggered by the Fed’s aggressive tightening, emergence of more lethal COVID-19 variants, and disruptions associated with the People's Republic of China's (PRC's) current outbreaks.
Sep 27, 2023 · The region is expected to grow by 4.6 percent in 2023, up from 3.9 percent in 2022. However, growth is projected to slow to 4.2 percent in 2024 and 3.9 percent in the medium term, as China's structural slowdown (Chapter 3 explains) and lower productivity growth in many other economies dampen the region's potential.
Jan 12, 2021 · After a sharp slowdown to 0.9 percent in 2020, output in East Asia and Pacific (EAP) is projected to expand 7.4 percent in 2021, to a level still around 3 percent below pre-pandemic projections.
