AEIR 2019/2020

Growth in several sectors slowed in 2018, while increased government spending resulted in a sustained 4.1% GDP expansion. With growth in both manufacturing and mining slowing, industrial growth fell to 4.2% from 7.7% in 2017. However, state support for housing, services and agriculture expanded further in 2018, supporting growth. Economic growth is forecast to decline to 3.5% in 2019 and 3.3% in 2020, mainly reflecting lower oil prices and slower GDP growth in both the People’s Republic of China and the Russian Federation. State non-oil investment may become a key driver of growth in the coming years.

Source: Asian Development Outlook 2019, ADB.
Latest Month-Ago Year-Ago
Composite Stock Price Index 1 2.0 (Apr20)2.0 2.0
Broad Money Growth 2 16.4 (Mar20)5.4 2.4
Headline Inflation Rate 3 6.8 (Apr20)6.4 4.9
Industrial/ Manufacturing Production Growth Rate 3 5.9 (Mar20)7.5 4.2
Merchandise Export Growth 3 4.6 (Feb20)-18.9 -3.3
Exchange Rate Index 4 325.6 (Apr20)315.5 285.4
1 Monthly average, local index.
2 %.
3 y-o-y, %.
4 Monthly average, January 2006 = 100, $/local currency.
Source: Bloomberg LP; CEIC database.

Initiatives / FTAs

News