4. Economic Indicators of Selected Asian Economies
Thailand | Indonesia | Malaysia | |||||||||||||
1994 | 1995 | 1996 | 1997 | 1998 | 1994 | 1995 | 1996 | 1997 | 1998 | 1994 | 1995 | 1996 | 1997 | 1998 | |
Real GDP Growth(%) | 8.9 | 8.7 | 5.5 | -0.4 | -3.1 ｐ | 7.5 | 8.2 | 8.0 | 5.0 | -5.0p | 9.2 | 9.5 | 8.6 | 7.8 | 2.5p |
0.0e | 2.0e | 2.5e | |||||||||||||
CPI Inflation(%) | 5.1 | 5.8 | 5.9 | 5.6 | Apr. 10.1 | 8.5 | 9.4 | 7.9 | 6.6 | Mar. 39.1 | 3.7 | 3.4 | 3.5 | 2.7 | Mar. 5.1 |
Money Supply Growth(%) | 12.9 | 17.0 | 12.6 | 16.5 | Mar. 15.4 | 20.0 | 27.2 | 27.2 | 23.2 | 14.7 | 24.0 | 20.9 | 22.6 | Feb. 16.1 | |
Saving/GDP(%) | 34.9 | 34.3 | 33.1 | 31.8e | 29.2 | 29.0 | 28.8 | 27.3e | 32.7 | 33.5 | 36.7 | 37.0e | |||
Fiscal Balance/GDP(%) | 2.0 | 2.6 | 1.6 | -0.4 | 0.0 | 0.8 | 1.4 | 2.0e | 2.5 | 3.8 | 4.2 | 1.6e | |||
Current Account Balance/GDP(%) | -5.6 | -7.9 | -7.9 | -2.2 | 3.9p | -1.7 | -3.3 | -3.3 | -2.6 | 1.9p | -7.8 | -10.0 | -4.9 | -4.8 | -0.5p |
Growth of Exports in US$(%) | 19.8 | 26.1 | -0.8 | 4.4 | Feb. 3.3 | 8.8 | 13.4 | 9.7 | 7.3 | Jan. -2.1 | 24.7 | 25.8 | 6.0 | 0.8 | Mar. -12.9 |
Official Reserve(billion US$) | 29.3 | 36.0 | 37.7 | 26.2 | 16.Apr. 28.6 | 12.1 | 13.7 | 18.3 | 16.6 | Feb. 15.5 | 25.4 | 23.8 | 27.0 | 21.7 | Mar. 20.4 |
Official Reserve /Monthly Import | 6.5 | 6.1 | 6.2 | 5.0 | Feb. 7.9 | 4.5 | 4.0 | 5.1 | 4.8 | Jan. 7.7 | 5.1 | 3.7 | 4.1 | 3.3 | Mar. 3.7 |
External Debt/GDP(%) | 45.8 | 49.7 | 49.3 | n.a. | 61.0 | 61.5 | 56.7 | n.a. | 40.4 | 39.3 | 40.1 | n.a. | |||
Share of Short-Term External Debt(%) | 44.5 | 49.4 | 41.4 | n.a. | 18.0 | 20.9 | 25.0 | n.a. | 21.1 | 21.2 | 27.8 | n.a. | |||
Note 1)
p
e：projections by IMF,"Interim World Economic Outlook(December 1997)"
Note 2) Current Account Balance of Thailand turned into surplus in the 4th quarter of 1997,for the first time in about 11years.
Philippines | Singapore | Taiwan | |||||||||||||
1994 | 1995 | 1996 | 1997 | 1998 | 1994 | 1995 | 1996 | 1997 | 1998 | 1994 | 1995 | 1996 | 1997 | 1998 | |
Real GDP Growth(%) | 4.4 | 4.8 | 5.7 | 5.1 | 2.5p | 10.5 | 8.8 | 6.9 | 7.8 | 3.5p | 6.5 | 6.0 | 5.7 | 6.9 | 5.0p |
3.8e | 4.8e | ||||||||||||||
CPI Inflation(%) | 9.0 | 8.1 | 8.4 | 5.1 | Apr. 7.9 | 3.1 | 1.7 | 1.4 | 2.0 | Mar. 1.0 | 4.1 | 3.7 | 3.1 | 1.1 | Mar. 2.6 |
Money Supply Growth(%) | 24.4 | 24.2 | 23.2 | 26.1 | 14.4 | 8.5 | 9.8 | 10.3 | Feb. 11.1 | 15.2 | 9.6 | 4.7 | 8.0 | Mar. 8.1 | |
Saving/GDP(%) | 19.4 | 17.8 | 19.7 | 21.0e | 49.8 | 50.0 | 50.1 | 50.0e | 27.1 | 28.0 | 28.0 | 27.9e | |||
Fiscal Balance/GDP(%) | -1.6 | -1.4 | -0.4 | -0.9e | 13.7 | 12.0 | 8.4 | 8.3e | 0.2 | 0.4 | 0.2 | 0.2e | |||
Current Account Balance/GDP(%) | -4.6 | -4.4 | -4.7 | -5.4 | -3.2p | 17.1 | 16.8 | 15.7 | 15.2 | 14.3p | 2.6 | 2.1 | 4.0 | 2.3 | 2.5p |
Growth of Exports in US$(%) | 19.2 | 29.3 | 18.3 | 22.8 | Feb. 22.9 | 30.5 | 22.5 | 5.8 | 0.0 | Feb. 9.9 | 9.4 | 20.0 | 3.8 | 5.3 | Apr. -7.3 |
Official Reserve(billion US$) | 6.0 | 6.4 | 10.0 | 7.3 | Jan. 8.8 | 58.2 | 68.7 | 76.8 | 71.4 | Mar. 73.7 | 92.5 | 90.3 | 88.0 | 83.5 | Mar. 83.6 |
Official Reserve /Monthly Import | 3.4 | 2.9 | 3.7 | 2.5 | Jan. 3.1 | 6.8 | 6.6 | 7.0 | 6.5 | Feb. 8.2 | 13.0 | 10.5 | 10.3 | 8.8 | Feb. 9.0 |
External Debt/GDP(%)(Note 2) | 62.4 | 53.2 | 49.2 | n.a. | 11.1 | n.a. | n.a. | n.a. | 10.7 | 10.3 | n.a. | n.a. | |||
Share of Short-Term External Debt(%) | 14.3 | 13.4 | 19.3 | n.a. | n.a. | n.a. | n.a. | n.a. | 76.9 | 72.5 | n.a. | n.a. | |||
Note 1)
p
e：projections by IMF,"Interim World Economic Outlook(December 1997）"
Note 2) External Debt/GNP for Taiwan
South Korea | Hong Kong | China | |||||||||||||
1994 | 1995 | 1996 | 1997 | 1998 | 1994 | 1995 | 1996 | 1997 | 1998 | 1994 | 1995 | 1996 | 1997 | 1998 | |
Real GDP Growth(%) | 8.6 | 8.9 | 7.1 | 5.5 | -0.8p | 5.4 | 3.9 | 4.9 | 5.3 | 3.0p | 12.6 | 10.5 | 9.7 | 8.8 | 7.0p |
2.5e | 4.1e | 7.5e | |||||||||||||
CPI Inflation(%)(Note 2) | 6.3 | 4.5 | 4.9 | 4.5 | Apr. 8.8 | 8.1 | 8.7 | 5.2 | 6.5 | Mar. 4.8 | 21.7 | 14.8 | 6.1 | 1.5 | Apr. -2.1 |
Money Supply Growth(%) | 18.7 | 15.6 | 15.8 | 21.5 | Apr. 13.3 | 11.7 | 10.6 | 12.5 | 8.4 | Feb. 4.0 | 35.1 | 29.5 | 25.3 | 17.3 | Apr. 14.6 |
Saving/GDP(%) | 34.6 | 35.1 | 33.3 | 32.9e | 33.1 | 30.4 | 30.6 | 30.8e | 42.6 | 41.0 | 42.9 | 40.8e | |||
Fiscal Balance/GDP(%) | 1.0 | 0.0 | 0.0 | 0.0e | 1.3 | -0.3 | 2.2 | 4.2e | -1.6 | -1.7 | -1.5 | 1.5e | |||
Current Account Balance/GDP(%) | -1.2 | -2.0 | -4.9 | -2.0 | 5.5p | 1.6 | -3.9 | -1.3 | -1.5 | -0.4p | 1.4 | 0.2 | 0.9 | 2.4 | 2.1p |
Growth of Exports in US$(%) | 16.8 | 30.3 | 3.7 | 5.0 | Apr. 7.0 | 11.9 | 14.8 | 4.0 | 4.0 | Feb. -1.4 | 31.9 | 22.9 | 1.5 | 20.9 | Feb. 23.9 |
Official Reserve(billion US$) | 25.6 | 32.7 | 34.0 | 21.1 | Apr. 35.5 | 49.3 | 55.4 | 63.8 | 75.3 | Jan. 80.3 | 52.9 | 75.4 | 107.0 | 142.8 | Mar. 140.6 |
Official Reserve /Monthly Import | 3.0 | 2.9 | 2.7 | 1.7 | Feb. 3.0 | 3.7 | 3.4 | 3.9 | 4.3 | Jan. 5.5 | 5.5 | 6.8 | 9.3 | 12.0 | Feb. 15.6 |
External Debt/GDP(%) | 14.9 | 17.2 | 21.6 | -- | 15.6 | -- | -- | -- | 18.6 | 16.9 | 15.8 | -- | |||
Share of Short-Term External Debt(%) | -- | -- | 58.3 | 42.4 | -- | -- | -- | -- | 17.4 | 18.9 | 19.7 | -- | |||
Note 1)
p
e：projections by IMF,"Interim World Economic Outlook(December 1997)"
Note 2)Retail Price Increase for China.
Note 3)Current Account Balance of South Korea turned into surplus in Nov.,1997 for the first time in about 3 years.
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