The Asian Development Bank (ADB) launched the latest edition of its annual statistical report for the region, Key Indicators for Asia and the Pacific 2020, and an update to its online database, Key Indicators Database.
Key Indicators 2020 presents a comprehensive set of economic, financial, social, and environmental indicators, including for the Sustainable Development Goals (SDGs), for ADB’s 49 regional members covering the years from 2000 to 2019. A key statistic in the report highlights how the region has become the biggest contributor to global gross domestic product (GDP), reaching a 34.9% share in 2019 from 26.3% in 2000.
Key Indicators 2020 highlights the expanding influence of Asia and the Pacific in global investment and trade. The region’s economies received more than one-third of total global direct investment in 2019, while the region’s global export share increased to 36.5% in 2019 from 28.4% in 2000. More than half of the reporting economies in the region recorded a GDP growth rate of 4% or higher in 2019. These gains are threatened, however, by the COVID-19 pandemic, with unemployment rising and income falling as lockdowns cause steep reductions in business operations and people’s activities in general.
The report includes a special supplement looking at how the granularity of poverty estimates can be enhanced by integrating household surveys and censuses with data extracted from satellite imagery. The report identifies practical considerations and technical requirements for this novel approach to mapping the spatial distribution of poverty, while outlining the investments required by national statistics offices to fully capitalize on the benefits of incorporating innovative data sources into conventional work programs.
Key Indicators 2020 also presents:
- Updates on SDG indicators in Asia and the Pacific;
- Regional trends and tables, including indicators across eight themes—people; economy and output; money, finance, and prices; globalization; transport and communications; energy and electricity; environment; and government and governance;
- New analysis on trends in changes in developing Asia’s global competitiveness in supplying various products, and updated data on global value chains; and
- Updated individual country tables for the 49 regional members of ADB.
Information source: Asian Development Bank (ADB).