AEIR 2019/2020

Growth dropped sharply from 7.5% in 2017 to 5.2% in 2018. On the supply side, agriculture contracted, while services and industry drove growth. On the demand side, private consumption and investment contributed most. Growth is projected to slow further to 4.3% in 2019, recovering slightly to 4.5% in 2020. Fiscal consolidation will limit capital outlays and thus any gains in public consumption and investment. However, private consumption and investment should receive a boost from expected increases in remittances and tax reforms implemented in 2019.
Source: Asian Development Outlook 2019, ADB.
Latest Month-Ago Year-Ago
Headline Inflation Rate 1 0.5 (Sep19)0.6 3.5
Industrial/ Manufacturing Production Growth Rate 1 11.0 (Sep19)16.8 0.9
Merchandise Export Growth 1 33.0 (Sep19)33.0 15.2
Exchange Rate Index 2 105.5 (Oct19)105.4 107.3
1 y-o-y, %.
2 Monthly average, January 2006 = 100, $/local currency.
Source: CEIC database.

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