GDP Growth in Asia and the Pacific, Asian Development Outlook (ADO)

 

Gross domestic product (GDP) growth rates for ADB's developing member countries. Figures and forecasts are as of ADB's Asian Development Outlook (ADO) 2019 Supplement, released in December 2019.

Note: The newly industrialized economies are Hong Kong, China, the Republic of Korea, Singapore, and Taipei,China.

Data and Resources

 
 
GDP Growth Rate, Asian Development Outlook 2019 Update (CSV)

The table shows annual growth rates of GDP valued at constant market price, factor cost, or basic price. GDP at market price is the aggregation of value added by all resident producers at producers’ prices including taxes less subsidies on imports plus all nondeductible value-added or similar taxes. Constant factor cost measures differ from market price measures in that they exclude taxes on production and include subsidies. Basic price valuation is the factor cost plus some taxes on production, such as those on property and payroll taxes, and less some subsidies, such as those on labor-related subsidies but not product-related subsidies. Most countries use constant market price valuation. Pakistan, Fiji, and Maldives use basic prices. To 2015, Singapore calculated real GDP using annually reweighted chain volume measures of GDP reference years.

 
GDP Growth Rate, Asian Development Outlook 2019 Update (XLSX)

The table shows annual growth rates of GDP valued at constant market price, factor cost, or basic price. GDP at market price is the aggregation of value added by all resident producers at producers’ prices including taxes less subsidies on imports plus all nondeductible value-added or similar taxes. Constant factor cost measures differ from market price measures in that they exclude taxes on production and include subsidies. Basic price valuation is the factor cost plus some taxes on production, such as those on property and payroll taxes, and less some subsidies, such as those on labor-related subsidies but not product-related subsidies. Most countries use constant market price valuation. Pakistan, Fiji, and Maldives use basic prices. To 2015, Singapore calculated real GDP using annually reweighted chain volume measures of GDP reference years.

 
GDP Growth Rate, Asian Development Outlook 2019 (CSV)

This table shows annual growth rates of GDP valued at constant market prices, factor costs, or basic prices. GDP at market prices is the aggregation of value added by all resident producers at producers' prices including taxes less subsidies on imports plus all nondeductible value-added or similar taxes. Constant factor cost measures differ from market price measures in that they exclude taxes on production and include subsidies. Basic price valuation is the factor cost plus some taxes on production, such as property and payroll taxes, and less some subsidies, such as for labor but not for products. Most economies use constant market price valuation. Pakistan use constant factor costs, while Fiji and Maldives use basic prices.

 
GDP Growth Rate, Asian Development Outlook 2019 (XLSX)

This table shows annual growth rates of GDP valued at constant market prices, factor costs, or basic prices. GDP at market prices is the aggregation of value added by all resident producers at producers' prices including taxes less subsidies on imports plus all nondeductible value-added or similar taxes. Constant factor cost measures differ from market price measures in that they exclude taxes on production and include subsidies. Basic price valuation is the factor cost plus some taxes on production, such as property and payroll taxes, and less some subsidies, such as for labor but not for products. Most economies use constant market price valuation. Pakistan use constant factor costs, while Fiji and Maldives use basic prices.

 
 
 
 
 
 
 

 

Note: 2019 and 2020 are forecasts.

 

Publisher

Asian Development Bank / ERCD

Economic and social data published by ADB’s Economic Research and Regional Cooperation Department (ERCD).

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