Table 1. ASEAN+3: AMRO Growth and Inflation Projections, 2022–23
(Percent)

Source: AMRO staff estimates.
Note: AREO = ASEAN+3 Regional Economic Outlook report. e = estimate, f = forecast. Regional aggregates for growth are estimated using the weighted average of 2021 GDP on purchasing power parity basis; regional aggregates for inflation are computed using simple averaging. Myanmar’s numbers are based on its fiscal year which runs from October 1 of the previous year to September 30 of the current year. Excluding Myanmar, inflation in ASEAN+3 for 2023 is 3.8 percent.
(Updated as of January 17, 2023)
For earlier updates, please click here.
- The Impact of COVID-19 on Regional Economies and Policy Responses
- COVID-19 Pandemic Policies: Assessing the Vulnerability of ASEAN+3 Economies to Exit Risks
- Regional Responses to the Covid-19 Crisis: A Comparative Study from Economic, Policy, and Institutional Perspectives
- The Restart of Tourism in the ASEAN+3: When Will the Love Boat Sail Again?
- Divergent Recovery in the ASEAN+3 amid the COVID-19 Pandemic
- Covid Congestion and Trade Fever in the ASEAN+3: A Prognosis with the Shipping “Crystal Ball”
- A Survey of ASEAN+3 Vaccine Views
- Crushing Waves: Diving into the Covid Cycle
- Financing Micro and Small Enterprises: China’s Approach and Increasing Role of the Credit Guarantee System
- Impact of COVID-19 on ASEAN-5 Stock Markets
For earlier updates, please click here.
- From Pandemic to Endemic: 5 Takeaways on ASEAN+3 Recovery
- How COVID Is Transforming the Philippine Financial Sector (Jul 5)
- What to do about Lower Philippine Remittances (Jun 30)
- Beyond the COVID-induced Boom of Malaysia’s Glove Industry (Jun 18)
- Helping the Asian Workforce Emerge Stronger from the Pandemic (Jun 2)
- Why Domestic Tourism Will Carry Asian Travel Sector until COVID-19 Pandemic Ends (May 17)
- ASEAN+3 Financial Safety Net More Important Than Ever (May 3)
- COVID-19 and the Emerging Global Economic Ecosystem (Feb 9)
- Synergizing ASEAN+3’s Regional and Bilateral Swap Arrangements for Greater Emergency Financing (Jan 5)
- Has COVID-19 Killed Asia’s Growth Miracle? (Jan 4)
For earlier updates, please click here.
ASEAN+3 and COVID-19: Panoply of Pandemic Policies
The COVID-19 pandemic has seen ASEAN+3 members introduce and implement a wide array of policies. They range from monetary to fiscal to financial to physical containment measures, to support the economy and protect the health and safety of the population. AMRO staff has compiled these policy announcements and actions into a comprehensive (daily) cross-country database. The key Euro area, UK, and US policy responses are also included for completeness. This database will be updated on a monthly basis.
Access the database (Last updated: Jun 7, 2022)