Macroeconomic Dataset for ASEAN
The dataset covers the macroeconomic facts of ten member countries, Brunei, Cambodia, Indonesia, Laos, Myanmar, Malaysia, Philippines, Singapore, Thailand, and Vietnam, of Associations of South East Nations (ASEAN) from 1967 to 2019. This dataset was extracted from the World Bank and Asian Development Bank databases. The primary goal of the dataset is to enhance our understanding of the macroeconomics trends in the ASEAN region. The understanding of the dependencies and causality associations among the key fiscal variables helps to formulate long-term sustainable economic policies and strategies to face any external shocks or global/regional financial crises. Thus, the data has critical applications for economic policymakers and financial institutions. The dataset raw files span over the past several decades, i.e., starting from 1967 to 2019, of individual countries, and from 1990 to 2019, for panel analysis of ASEAN10. Thus, it has a significant potential for future studies on the impact of fiscal policy, such as pre-crises, during crises, and post-crises periods of Global Financial crises, Asian Financial Crises, and specifically, the regional economic trends before the COVID-19 epidemic.
Steps to reproduce
Collected from primary sources, i.e., World Bank Indicators, and the Asian Development Bank database. However, the data hosted here are collected from the primary sources, until May 31, 2020 updates. The primary data sources may update their entire databases, variables, or specific values of variables. In such situations, it is suggested for the readers to consult the primary sources to get updated data for analysis.