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GDP GROWTH OUT LOOK FOR SAARC COUNTRIES IN THE LIGHT OF EAST ASIAN CRISIS
| REGION/COUNTRY | Average | Projections Pre-crisis | Projection post-crisis | ||||||
| YEAR | 1994 | 1995 | 1996 | 1997 | 1994-97 | 1998 © | 1999 © | 1998 | 1999 (a) |
| SAARC (a) | 6.3 | 7.2 | 6.8 | 5.3 | 6.4 | 6.8 | 7.0 | 5.2 | 5.4 |
| BANGLADESH | 4.7 | 5.2 | 5.6 | 5.5 | 5.3 | 5.6 | 5.8 | 5.2 (b) | 5.4 |
| BHUTAN | 5.1 | 6.9 | 6 | 5.7 | 5.9 | 5.3 | 7.3 | 4.9 (a) | 5.9 |
| INDIA | 6.9 | 7.9 | 7.5 | 5.6 | 7.0 | 7.0 | 7.1 | 5.2 (b) | 5.3 |
| MALDIVES | 6.6 | 7.2 | 6.5 | 6.2 | 6.6 | - | - | 5.4 (a) | 5.4 |
| NEPAL | 2.9 | 5.4 | 3.8 | 4.5 | 4.2 | 6.0 | 6.0 | 4.1 (a) | 4.1 |
| PAKISTAN | 3.9 | 5.1 | 4.5 | 3.5 | 4.3 | 6.0 | 7.0 | 5.5 (b) | 6.0 |
| SRI LANKA | 5.6 | 4.8 | 3.8 | 6.0 | 5.1 | 6.5 | 7.0 | 5.6 (a) | 6.1 |
Note : a= Estimates, Projections,
b= IMF Projections
c= ESAP Projections not taking the East Asian Crises ' impact
into account.
Source : SAARC Survey of Development and Cooperation 1998/99 ,
RISNODC , New Delhi, 1999.