Growth in developing East Asia and Pacific (EAP) is expected to remain strong and reach 6.3 percent in 2018, according to the latest World Bank regional economic forecast.
Prospects for a continued broad-based global recovery and robust domestic demand underpin this positive outlook. Still, emerging risks to stability and sustained growth require close attention.
After growing faster than anticipated in 2017, China is expected to slow moderately to 6.5 percent in 2018 as its economy continues to rebalance away from investment and towards domestic consumption with policies that focus more on slowing credit expansion and improving the quality of growth.
Excluding China, growth in developing EAP is expected to remain stable in 2018 at 6.6 percent, reflecting continued robust domestic and external demand.
Asian countries by GDP Growth :
India: 7.4%
Bangladesh: 7%
Philippines: 6.7%
China: 6.6%
Vietnam: 6.6%
Pakistan: 5.6%
Indonesia: 5.3%
Malaysia: 5.3%
Turkey: 4.4%
Iran: 4%
Thailand: 3.9%
Israel: 3.3%
South Korea: 3%
Qatar: 2.6%
UAE: 2%
Taiwan: 1.9%
Saudi: 1.7%
Russia: 1.7%
Japan: 1.2%
