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flag 2022 SE Asia GDP growth forecast by ADB lowered to 4.5% due to weaker performance in Myanmar, Thailand, and Timor-Leste.

flag The Asian Development Bank (ADB) has slightly lowered its 2022 GDP growth forecast for Southeast Asia to 4.5%, impacted by weaker performance in Myanmar, Thailand, and Timor-Leste. flag However, it maintains a 2025 forecast of 4.7%. flag Strong domestic demand is expected to support growth in Cambodia, Indonesia, and Vietnam. flag The ADB warns of risks from geopolitical tensions and climate issues, while lower inflation and potential U.S. rate cuts could benefit the economy.

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