TABLE-World Bank GDP forecasts for East Asia
(For an accompanying story on the forecasts, please click on [ID:nSGN002264])
BEIJING, Nov 4 (Reuters) - The developing economies of East Asia will grow by 6.7 percent this year and 7.8 percent in 2010, the World Bank forecast on Wednesday, raising its estimates after better-than-expected performance so far this year.
In its twice-yearly report to review the region, the Washington-based development bank estimated that, stripping out China, the developing economies of East Asia will grow by only 1.1 percent this year, picking up to 4.5 percent in 2010.
Following are details of the World Bank's forecasts for gross domestic product growth (percentage change from previous year), including its previous forecasts for 2009 growth, made in April of this year and in December 2008:
Prev. 09 f'casts
Apr09 Dec08
2008 2009f 2010f 2009f 2009f --------------------------------------------------------------- Developing East Asia* 8.0 6.7 7.8 5.3 6.7
China 9.0 8.4 8.7 6.5 7.5
Indonesia 6.1 4.3 5.4 3.4 4.4
Malaysia 4.6 -2.3 4.1 -1.0 3.7
Philippines 3.8 1.4 3.1 1.9 3.0
Thailand 2.6 -2.7 3.5 -2.7 3.6
Vietnam 6.2 5.5 6.5 5.5 6.5 Developing E.Asia ex-China 4.7 1.1 4.5 1.1 4.1
* The World Bank defines Developing East Asia as China, Indonesia, Malaysia, the Philippines, Thailand, Vietnam and some smaller economies) (Reporting by Jason Subler; Editing by Jan Dahinten)
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