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ASEAN Forecasts for 1998
- Subject: ASEAN Forecasts for 1998
- From: moe@xxxxxxxxxxxxx
- Date: Mon, 25 May 1998 02:00:00
The following table shows ASEAN's forecasts with respect to the member
nations' economy status for FY 1998.
Sincerely,
Julien Moe
-----------------
ASEAN Forecasts for 1998
COUNTRY GDP Inflation Exports Exports Current
Growth (%) (Either US$ (Either US$ Account
(%) Millions or %)2 Millions or %)3 (%) of GDP)
Brunei Darussalam 4.0 to 5.0 3.0 2,694.62 2,805.09 -4.7
Indonesia 7.5 to 7.7 6.0 to 7.0 59,000 to 61,000 54,000 to 56,000 (-3.5)
to (-3.7)
Laos 7 to 7.5 6.0 to 8.0 3.5% 7.5% -10.0
Malaysia 7.0 3.0 7.7% 7.3% -3.8
Myanmar 6.4 25.2 966.20 1,819.30 -0.18
Philippines 5.5 to 6.0 7.0 27.5% 18.1% -4.4
Singapore 5.0 to 7.0 2.0 to 3.0 11.0% to 13.0% 11.0% to 13.0% 13.0 to 14.0
Thailand 1.4 to 3.5 7.6 62,800 66,900 -1.4
Vietnam 9.3 6.0 9,900.0 13,700.0 -10.3
1 Forecast are as of early November 1997.
2 Percent here refers to percentage growth of exports.
3 Percent here refers to percentage growth of imports
Source:ASEAN