It was forecasted that in 2020, the gross domestic product in Japan would decrease by 5.8 percent. The GDPs of both India and South Korea were also expected to decrease. The decline in many Asia Pacific economies can be attributed to the outbreak of the coronavirus, in which imposed lockdown measures catalyzed the economic shutdown of many countries.
Revised forecasted gross domestic product (GDP) growth due to the coronavirus (COVID-19) in the Asia Pacific region in 2020, by country or region
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Deloitte. (August 20, 2020). Revised forecasted gross domestic product (GDP) growth due to the coronavirus (COVID-19) in the Asia Pacific region in 2020, by country or region [Graph]. In Statista. Retrieved June 26, 2022, from https://www.statista.com/statistics/1184623/apac-revised-forecasted-gdp-growth-due-to-covid-19-by-country-or-region/
Deloitte. "Revised forecasted gross domestic product (GDP) growth due to the coronavirus (COVID-19) in the Asia Pacific region in 2020, by country or region." Chart. August 20, 2020. Statista. Accessed June 26, 2022. https://www.statista.com/statistics/1184623/apac-revised-forecasted-gdp-growth-due-to-covid-19-by-country-or-region/
Deloitte. (2020). Revised forecasted gross domestic product (GDP) growth due to the coronavirus (COVID-19) in the Asia Pacific region in 2020, by country or region. Statista. Statista Inc.. Accessed: June 26, 2022. https://www.statista.com/statistics/1184623/apac-revised-forecasted-gdp-growth-due-to-covid-19-by-country-or-region/
Deloitte. "Revised Forecasted Gross Domestic Product (Gdp) Growth Due to The Coronavirus (Covid-19) in The Asia Pacific Region in 2020, by Country or Region." Statista, Statista Inc., 20 Aug 2020, https://www.statista.com/statistics/1184623/apac-revised-forecasted-gdp-growth-due-to-covid-19-by-country-or-region/
Deloitte, Revised forecasted gross domestic product (GDP) growth due to the coronavirus (COVID-19) in the Asia Pacific region in 2020, by country or region Statista, https://www.statista.com/statistics/1184623/apac-revised-forecasted-gdp-growth-due-to-covid-19-by-country-or-region/ (last visited June 26, 2022)