ADB2021-10-052021-10-052020-0697892926225109789292622527N/AN/Ahttps://www.adb.org/publications/ado-supplement-june-2020https://hdl.handle.net/20.500.14540/5847This publication provides updated economic forecasts for Asia and the Pacific, taking into consideration the impact of coronavirus disease (COVID-19). Developing Asia is now projected to grow by only 0.1% in 2020, which would be the lowest regional growth outcome since 1961. Contraction is expected in all subregions except in East Asia. Growth will rebound to 6.2% in 2021 but composite GDP next year will remain below its pre-crisis trend, so the recovery will not be V-shaped. Excluding newly industrialized economies, regional growth is forecast at 0.4% in 2020 and 6.6% in 2021. Regional inflation is expected to remain benign at 2.9% in 2020 and 2.4% in 2021.12Economic dataEconomicsFinanceAsian Development Outlook 2020 Supplement: Lockdown, Loosening, and Asia’s Growth Prospects