The figure points to improvement compared to Q4 2020 when the economy shrank by 4.5% y/y.

Private consumption declined by 5.7% y/y in Q4. Gross fixed capital formation (investment) declined at the slower pace of 2.2% y/y in Q4

Due to the negative impact of the COVID-19 pandemic, in H1 2020, China’s nationwide GDP shrank by 1.6% y/y

The US economy contracted by 4.8% q/q annualised in the first quarter of 2020

Japan’s economy declined in the fourth quarter of 2019, as the GDP shrank by 0.38% y/y

ASEAN’s major economies continued to report relatively weak GDP growth in Q4 2019

This was the third month in a row in which Thailand's inflation accelerated.

Private sector activity was the key driver of Malaysia's economic growth