We forecast further recovery for APAC cities in 2022, but clearly with some big risks
We project that Asia Pacific’s 25 leading cities experience on average 4.5% GDP growth in 2022, and 4.1% over the five years 2022-26, although there is of course considerable economic uncertainty at present.
What you will learn:
- Bengaluru and Ho Chi Minh City top our growth league, with other major Indian cities also among those forecast to do well.
- Indian Covid-19 responses are improving, and the cities are labour-rich.
- China’s top cities tend to cluster around the average of our forecasts. Partly this reflects their size—they play a big role in determining what the average is.
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