Growth
and Forecasts of Growth of Selected Asian Countries/Regions
[This page was last revised on March 16, 2008.]
| Conferences on the Asian crisis: Seattle/Dec 1998, Seattle/Jan 2000, Tokyo/July 2001 |
Back to the Asian Crisis home page or go to the WTO page.
Real GDP growth rate, 1990-2001, %
| Year | Hong Kong1 | China1 | Taiwan2 | South Korea1 | Thailand1 | Malaysia1 | Singapore1 | Indonesia1 | Philippines1 |
| 1990 | 3.55 | 3.83 | 5.39 | 9.50 | 11.17 | 9.73 | 8.97 | n.a. | 3.05 |
| 1991 | 4.97 | 9.20 | 7.55 | 9.23 | 8.56 | 8.60 | 7.26 | n.a. | -0.58 |
| 1992 | 6.21 | 14.24 | 6.76 | 5.44 | 8.08 | 7.80 | 6.23 | n.a. | 0.33 |
| 1993 | 6.15 | 13.49 | 6.32 | 5.49 | 8.70 | 8.35 | 10.41 | n.a. | 2.13 |
| 1994 | 5.51 | 12.66 | 6.54 | 8.25 | 8.62 | 9.30 | 10.50 | 7.54 | 4.39 |
| 1995 | 3.85 | 10.55 | 6.03 | 8.92 | 8.83 | 9.36 | 8.70 | 8.22 | 4.67 |
| 1996 | 4.50 | 9.54 | 5.67 | 6.75 | 5.52 | 8.60 | 6.90 | 7.98 | 5.85 |
| 1997 | 5.19 | 8.80 | 6.77 | 5.01 | -0.43 | 7.70 | 7.80 | 4.65 | 5.17 |
| 1998 | -5.05 | 7.81 | 4.83 | -5.843 | -8.00 | -7.44 | 1.54 | 13.74 | 3.31 |
| 1999, Q3 | 4.4 9 | 8.3*8 | 4.672 | 12.81 | 7.413 | 8.971 | 1.116a / 6.916 | 1.213 | 4.61 |
| 1999, Q4 | 4.59 | 6.432 | 13.01 | 6.523 | 10.031 | 4.716a / 7.116 | 5.013 | 4.91 | |
| 1999 | 2.99 | 7.121 | 5.422 | 10.719 | 4.223 | 5.820 | 5.416 | 0.3113 | 3.31 |
| 2000, Q1 | 14.39 | 8.116 | 7.922 | 12.751 | 5.223 | 11.920 | 15.416a / 9.816 | 3.613 | 4.51 |
| 2000, Q2 | 10.89 | 8.316 | 5.432 | 9.621 | 6.623 | 8.820 | 11.116a / 8.016 | 4.113 | 3.21 |
| Forecast | |||||||||
| 2000 | 2.018 | 8.2 6 | 6.572 | 8.718 | 3.56 | 3.86 | 9.016 | 5.86 | 4.06 |
| 1.511 | 6.0 11 | 6.311 | 6.011 | 5.011 | 3.911 | 4.96 | 4.011 | 4.511 | |
| 3.612 | 7.521 | 4.04 | 4.04 | 6.011 | 2.54 | 3.54 | |||
| 7.0**** | 5.04 | 4.017 | |||||||
| 2000 (updated 11/3/00) | 5.024 | 6.524 | 6.572 | 7.524 | 4.524 | 6.024 | 5.924 | 4.024 | 3.824 |
| 2001 | 5.524 | 6.024 | 6.482 | 6.024 | 4.624 | 6.124 | 5.0-7.016 | 5.024 | 4.324 |
| * the first quarter of 1999 | |
| ** China Government Growth target | |
| *** Hong Kong Government's official forecast | |
| **** Malaysia Government Growth target | |
| Sources: | 1. International Financial Statistics, International Monetary fund, October 2000 |
| 2. National Statistics of Taiwan, Republic of China, as of November 3, 2000. ( http://www.stat.gov.tw ). | |
| 3. Monthly Statistical Bulletin, the Bank of Korea, April 1999. | |
| 4. S.E Asian Quarterly, Standard Chartered, Hong Kong, July 1999. | |
| 5. N.E Asian Quarterly, Standard Chartered, Hong Kong, June 1999. | |
| 6. Hong Kong Economic Journal, 25 August 1999 (from Morgan Stanley). | |
| 7. Hong Kong Economic Journal, 27 August 1999 . | |
| 8. Chinese Economic Trends, Whurr Publishers, London, 1999.1. | |
| 9. Census and Statistics Department, Hong Kong Special Administrative Region, People's Republic of China. | |
| 10. China Statistics, State Statistical Bureau, People's Republic of China, March 1999. | |
| 11. Hong Kong Economic Journal, 15 September 1999 (From Asian Development Bank). | |
| 12. Hong Kong Economic Times, 24 September 1999 (From International Monetary Fund). | |
| 13.Statistics Indonesia of The Republic of Indonesia, as of November 3, 2000. http://www.bps.go.id | |
| 14. Statistics Indonesia, Republic of Indonesia, December 1999. (http://www.bps.go.id) | |
| 15. Hong Kong Financial Services Bureau (Quoted from Standard Chartered, November 1999). | |
| 16. Singapore Department of Statistics, November 1, 2000 ( www.singstat.gov.sg/OFFICIALGUIDE/guide.html ). a = seasonally adjusted. | |
| 17. The Jakarta Post, 6 January 2000 (Quoted from Bank Indonesia). | |
| 18. Morgan Stanley, January 2000. | |
| 19. Advance Report of Major Statistics, National Statistical Office, Republic of Korea. http://www.nso.go.kr/stat/other/e-speed.pdf | |
| 20. Department of Statistics, Malaysia. http://www.statistics.gov.my/English/page2.html | |
| 21. Asian Development Bank, IMF Concludes Article IV Consultation with China. www.imf.org/external/np/sec/pn/2000/pn0071.htm | |
| 22. Asian Development Bank, Regional and Country Highlights. | |
| 23. Bank of Thailand, as of November 3, 2000 (http://www.bot.or.th) | |
| 24. Asian Development Bank, Asian Development Outlook 2000, http://www.adb.org/Documents/Books/ADO/2000/default.asp) | |
| Note: (13) to (18) above are added and (2) is revised in January 2000. | |
 The
figures in .pdf form |
| The Asia Home Page | Conferences on Growth and Trade | Kar-yiu's
home page |
| Kar-yiu's books on growth and trade | Kar-yiu's papers on growth and trade |
If you have comments, information about this crisis and the countries, please click here, or if you have papers on Asian growth or the Asian crisis that you want to be included in the economics papers section, please click here.
This page was last revised on March 16, 2008.