For the past 50 years the Asian Development Bank (ADB) has been tracking and helping to improve the prosperity, inclusiveness, and sustainable livelihoods for inhabitants of the Asia-Pacific region. Its latest annual statistical report, Key Indicators for Asia and the Pacific 2019 (Key Indicators 2019), shows how things have changed over that period.
Released on September 10, Key Indicators 2019 presents the latest statistics on a comprehensive set of economic, financial, social, and environmental indicators, including those for the UN Sustainable Development Goals (SDGs), for the 49 regional members of the ADB.
The figures show that:
- The number of people living in extreme poverty in developing Asia declined from 1.1 billion in 2002 to 264 million in 2015.
- The region’s share of global gross domestic product (GDP) (in current United States dollars) surpassed one third in 2018.
- In 2018 Asia generated 30.2 per cent of its income from the production of world exports, up from 23 per cent in 2000.
- Foreign direct investment (FDI) in the region climbed to $541.9 billion in 2017, more than tripling the amount of FDI in 2000.
- The proportion of elderly people in the total population reached an average of 8.6 per cent across all ADB regional members in 2018.
- By 2018, Asia-Pacific was contributing 30.2 per cent to the world’s total domestic value-added generation and absorbing 26 per cent of the total domestic value-added sent around the world.
Divided into three sections, the report contains a vast amounts of data relating to the 2030 Sustainable Development Goals (SDGs), with additional sections providing no less insightful information on Regional Trends, and another, Global Value Chains (GVCs).
ADB chief economist Yasuyuki Sawada said “Key Indicators 2019 shows that the Asia and Pacific region is increasing its strong contribution to the global economy and to the pursuit of the SDGs.
“As the region makes progress to reach the SDGs, timely, reliable, and granular data remain crucial for formulating, implementing, and monitoring policies and progress”, he added.
Online access to extensive data
Coinciding with the release of the report the ADB updated its online Key Indicators Database (KIDB).
One of the world’s most comprehensive resources for macroeconomic and social indicators, the KIDB contains 1,192 indicators for the Bank’s 49 member economies from the year 2000 onwards.
Among the data publicly accessible is that relating to national accounts, prices, government finance, trade, balance of payments, money and banking, external debt, population, labor force, and social indicators.
Advanced search, various download options, customised data visualisations, and individual country reports with clear charts make finding factual data on Asean member states a breeze.
The Key Indicators publication this year is accompanied by a special supplement using computer-assisted personal interviewing (CAPI) which collects survey data through handheld digital devices such as tablets and smartphones.
Feature photo Asian Development Bank (ADB)
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She commenced as an intern at AEC News Today and was appointed as a junior writer/ trainee journalist on April 2, 2018