Robuta

https://aric.adb.org/singapore Singapore Country/Economy Profile The economy rebounded in 2021, growing by 7.6% after the pandemic-induced 4.1% contraction in 2020. Manufacturing rose by 13.2%, while construction soared by... country economy profilesingapore https://aric.adb.org/taipeichina Taipei,China Country/Economy Profile Driven by a strong economic recovery, growth accelerated to 6.4% in 2021. Industrial output expanded by 12.8%, contributing 4.8 points with services growing by... country economy profiletaipeichina https://aric.adb.org/niue Niue Country/Economy Profile The economy contracted in FY2021 (ended 30 June 2021) as prolonged border closures hobbled tourism and public investment projects. Fiscal results in the first... country economy profileniue https://aric.adb.org/vietnam Viet Nam Country/Economy Profile Although the economy strengthened in 2020, with GDP rising by 2.9%, a renewed COVID-19 outbreak, tighter labor supply, and disrupted production caused growth... country economy profileviet nam https://aric.adb.org/bhutan Bhutan Country/Economy Profile GDP grew by an estimated 3.5% in 2021 after a steep 10.1% contraction in 2020. Fiscal and monetary stimulus and easing of pandemic-related supply-chain... country economy profilebhutan https://aric.adb.org/thailand Thailand Country/Economy Profile GDP grew by 1.6% in 2021, helping it recover from a 6.2% contraction in 2020. The economy began to recover in the fourth quarter on strong merchandise exports,... country economy profilethailand https://aric.adb.org/cambodia Cambodia Country/Economy Profile Growth rebounded to an estimated 3.0% in 2021 after contracting by 3.1% in 2020. In the second half, a robust recovery in external demand for manufactured... country economy profilecambodia https://aric.adb.org/micronesia Micronesia, Federated States of Country/Economy Profile With travel and mobility restrictions stifling the economy, GDP shrank by 1.2% in fiscal year 2021 (FY2021, ended 30 September 2021). Despite the challenges in... micronesia federated statescountry economy profile https://aric.adb.org/myanmar Myanmar Country/Economy Profile Economic growth fell by 18.4% in fiscal year 2021 (FY2021, ended 30 September 2021) due to political uncertainty and the COVID-19 pandemic. Industry contracted... country economy profilemyanmar https://aric.adb.org/australia Australia Country/Economy Profile The economy recovered in the fourth quarter of 2021, with GDP expanding by 14.4% at a seasonally adjusted annualized rate. Household spending surged,... country economy profileaustralia https://aric.adb.org/india India Country/Economy Profile The economy rebounded strongly, growing by 8.9% in fiscal year 2021 (FY2021, ended 31 March 2021) following a contraction of 6.6% in FY2020. The recovery came... country economy profileindia https://aric.adb.org/kazakhstan Kazakhstan Country/Economy Profile After a 2.5% contraction in 2020, the economy expanded by 4.0% in 2021 as COVID-19 restrictions began easing and vaccinations accelerated. Most sectors grew,... country economy profilekazakhstan https://aric.adb.org/samoa Samoa Country/Economy Profile The economy contracted further, by 8.1% in FY2021 (ended 30 June 2021) as tourism, which accounted for 24.2% of GDP in FY2019, remained limited due to closed... country economy profilesamoa https://aric.adb.org/hongkongchina Hong Kong, China Country/Economy Profile The economy expanded by 6.4% in 2021, an 11-year high, due to strong domestic and external demand. Private consumption led the increase, rebounding from a... hong kong chinacountry economy profile https://aric.adb.org/fiji-islands Fiji Islands Country/Economy Profile Persistent COVID-19 variants led the economy down by 4.1% in 2021 after a steep 15.2% contraction in 2020. Visitor arrivals dropped a further 78.5% in 2021,... country economy profilefiji islands https://aric.adb.org/marshall-islands Marshall Islands Country/Economy Profile A year of mobility restrictions caused by the pandemic led GDP to contract by a further 3.3% in FY2021 (ended 30 September 2021). Containment measures and... marshall islands countryeconomy profile https://aric.adb.org/tonga Tonga Country/Economy Profile The economy contracted by 3.0% in FY2021 (ended 30 June 2021) as all inbound travel was suspended, upending the tourism industry. Delayed border re-openings,... country economy profiletonga https://aric.adb.org/brunei Brunei Darussalam Country/Economy Profile The economy contracted by 1.5% in 2021 after growing by 1.1% in 2020. Weaker oil and gas production, and a resurgence in COVID-19 infections in August 2021... country economy profilebrunei darussalam https://aric.adb.org/papua-new-guinea Papua New Guinea Country/Economy Profile Following a contraction in 2020, the economy returned to growth in 2021, but only by an estimated 1.3%. Two surges of COVID-19 infections during the year... papua new guineacountry economy profile https://aric.adb.org/pakistan Pakistan Country/Economy Profile The economy reversed its 1.0% contraction in fiscal year 2020 (FY2020, ended 30 June), growing by 5.6% in FY2021. Industrial output grew by 7.8%, buoyed by... country economy profilepakistan https://aric.adb.org/kyrgyz-republic Kyrgyz Republic Country/Economy Profile The economy grew by 3.6% in 2021 after plunging by 8.6% in 2020. Industry recovered by 3.1%, on a solid 21.1% expansion in mining output, overshadowing a 4.8%... country economy profilekyrgyz republic https://aric.adb.org/laopdr Lao People's Democratic Republic Country/Economy Profile The economy gradually recovered in 2021 from its worst contraction in decades. Real GDP expanded by 2.3% after shrinking by 0.5% in 2020. Industrial and... country economy profilelao peopledemocratic republic https://aric.adb.org/afghanistan Afghanistan Country/Economy Profile The economy suffered a series of shocks in 2021—drought, increased violence, COVID-19 infections, and restrictions. After the regime change on 15 August,... country economy profileafghanistan https://aric.adb.org/malaysia Malaysia Country/Economy Profile As COVID-19 restrictions eased and global demand rose, Malaysia’s GDP rebounded, growing by 3.1% in 2021 following a 5.6% contraction in 2020. Although the... country economy profilemalaysia https://aric.adb.org/georgia Georgia Country/Economy Profile Georgia’s growth recovered strongly from the 6.8% contraction in 2020 to an estimated 10.6% growth in 2021. All major sectors did well with exceptions of... country economy profilegeorgia https://aric.adb.org/armenia Armenia Country/Economy Profile As the challenges of the pandemic and political uncertainties continued, Armenia reversed a 7.4% contraction in 2020, growing by 5.7% in 2021. Services... country economy profilearmenia https://aric.adb.org/japan Japan Country/Economy Profile After contracting by 4.8% in 2020, the economy grew by 1.7% in 2021. Growth momentum stalled in the first quarter of 2021 as mobility restrictions were imposed... country economy profilejapan https://aric.adb.org/bangladesh Bangladesh Country/Economy Profile GDP grew by 6.9% in fiscal year 2021 (FY2021, ended 30 June 2021), up from 3.4% in FY2020. A rise in external trade and swift implementation of fiscal and... country economy profilebangladesh