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Oct 15, 2021 · The Asian outlook for 2021 has been downgraded by more than 1 percent to 6.5 percent compared with the April 2021 World Economic Outlook because of new peaks of the pandemic cycle driven by the highly contagious Delta variant. As vaccination rates accelerate, the region is expected to grow slightly faster in 2022 than anticipated earlier.
The growth forecast for 2024 is unchanged at 4.8%. Inflation in developing Asia is forecast to decline from 4.4% last year to 3.6% in 2023 and 3.5% in 2024. Much of this year’s decline will be driven by the People's Republic of China (PRC), where the inflation forecast is revised down to 0.7%. Downside risks to the outlook have strengthened.
Bhutan. 2.77. 2.46. Dec/21. USD Billion. This page displays a table with actual values, consensus figures, forecasts, statistics and historical data charts for - GDP. This page provides values for GDP reported in several countries part of Asia.
Nov 30, 2023 · Japan is one of the largest economies in the world and has a GDP per capita of $52,210. With a Gini coefficient of 65%, Japan makes it to our list of the Asian countries with the best economy ...
Here growth will remain strong in 2022 at a forecast 7.0%, accelerating to 7.4% in 2023. East Asia almost converged to its pre-pandemic trend in 2021 and growth rates are expected to normalize to 4.7% in 2022 and 4.5% in 2023. Growth rates in the other subregions will return to their pre-pandemic averages this year or next.
Oct 13, 2023 · October 13, 2023. Strong consumer spending has supported growth in Asia’s three largest economies this year, but there are already signs that the region’s recovery may be running out of steam. We expect growth in Asia and the Pacific to accelerate from 3.9 percent in 2022 to 4.6 percent this year, unchanged from the projection from last April.
Jun 21, 2023 · In terms of nominal GDP, it is the 19 th largest economy in the world, and the seventh largest in Asia. The country’s economic growth was recorded at 5.2% in 2022. Türkiye’s currency, however ...
