Economic Growth in East Asia

Government Budget Deficit

( % of GDP, ave. 1960-1992)

South Asia		-6.0
Sub-Sahara Africa	-5.1
Middle East		-5.0
Latin America		-3.8
East Asia		-1.8
Industrial Countries	-1.6

Note: Budget deficit is average figure for period 1960-92. Regional figures are unweighted average of country figures. Figure for East Asia includes Indonesia, Republic of Korea, Malaysia, Philippines, Singapore, Taiwan/China, and Thailand.

SourceBosworth, Collins, and Chen, Table 8.