OrbiMed Asia Partners III, LP Fund (RRP REG 51072) COUNTRY ECONOMIC INDICATORS (CAMBODIA) Item 2012 2013 2014 2015 2016 Est. 1. GDP per capita ($, current) 973 1,042 1,131 1,218 1,331 2. GDP growth (%, constant prices) 7.3 7.4 7.1 7.0 7.0 a. Agriculture 4.3 1.6 0.3 0.2 1.8 b. Industry 9.3 10.7 10.1 11.7 10.5 c. Services 8.1 8.7 8.7 7.1 6.7 B. Saving and Investment (% of GDP, current prices) 1. Gross domestic investment 23.5 23.5 23.2 22.4 22.9 2. Gross domestic saving 12.5 11.2 11.1 11.8 12.7 C. Money and Inflation (annual 1. Consumer price index 2.9 3.0 3.9 1.2 3.0 2. Liquidity (M2) 20.9 14.7 29.9 14.7 17.9 1. Revenue excluding grants 14.4 13.5 17.2 16.8 17.6 2. Expenditure and onlending 21.0 20.4 20.7 19.5 20.4 3. Overall fiscal surplus (deficit) (6.6) (6.9) (3.5) (2.6) (2.7) 1. Merchandise trade balance (% of GDP) (17.8) (21.1) (19.2) (19.0) (16.9) 2. Current account balance (% of GDP) (10.2) (14.9) (11.7) (11.2) (10.7) 3. Merchandise export ($) growth (annual 11.9 15.9 13.4 14.1 9.2 4. Merchandise import ($) growth (annual 13.4 19.8 8.9 12.3 6.1 1. Gross official reserves (including gold, 4.3 3.8 4.2 4.4 5.5 $ million in months of current year s imports of goods) 2. External debt service (% of exports of 1.0 1.1 1.2 1.1 1.4 goods and services) 3. External debt (% of GDP) 30.4 31.7 31.5 31.0 30.7 1. GDP (KR billion, current prices) 56,682 61,327 67,437 73,423 81,310 2. Exchange rate (KR/$, official midpoint 4,033 4,027 4,030 4,025 4,030 year average) 3. Population (million) 14.5 14.6 14.8 15.0 15.2 GDP = gross domestic product; KR = riel. Source: ADB estimates, Ministry of Economy and Finance, National Bank of Cambodia, National Institute of Statistics.
2 COUNTRY ECONOMIC INDICATORS (INDIA) (Updated as of 05 June 2017) Item 2012 2013 2014 2015 2016 a 1. GDP per capita ($, current) 1480.1 1484.2 1607.6 1628.1 b 1742.0 c 2. GDP Growth (%, in constant 2011-2012 prices) 5.5 6.4 7.5 8.0 b 7.1 c a. Agriculture 1.5 5.6 (0.2) 0.7 b 4.9 c b. Industry 3.4 4.2 6.9 8.8 b 5.6 c c. Services 8.3 7.7 9.7 9.7 b 7.7 c B. Saving and Investment (% of GDP) a 1. Gross Domestic Investment 38.6 33.7 34.2 33.2 2. Gross Domestic Saving 33.8 32.1 33.0 32.2 C. Money and Inflation (annual a 1. Consumer Price Index 10.3 9.4 5.8 4.9 4.5 2. Total Liquidity (M2) 9.3 8.7 11.3 13.9 4.7 ad 1. Revenue and Grants 20.2 20.0 19.7 21.6 22.8 e 2. Expenditure and Onlending 27.1 26.7 26.4 29.0 29.3 e 3. Overall Fiscal Surplus (Deficit) (6.9) (6.7) (6.7) (7.5) (6.5) e a 1. Merchandise Trade Balance (% of GDP) (10.4) (7.2) (6.8) (5.7) (4.7) 2. Current Account Balance (% of GDP) (4.8) (1.7) (1.3) (1.0) (0.7) 3. Merchandise Export ($) Growth (annual % (1.8) 4.6 (0.5) (15.1) 5.0 4. Merchandise Import ($) Growth (annual % 0.2 (7.9) 0.3 (14.3) 1.6 a 1. Gross Official Reserves (including gold, in 31.0 35.2 39.7 48.8 51.0 weeks of current year s imports of goods) 2. External Debt Service (% of exports of goods 5.9 5.9 7.6 8.8 7.5 f and services) 3. Total External Debt (% of GDP) 22.4 23.9 23.9 23.5 21.1 g a 1. GDP (current prices, ` billion) 99,440 112,335 124,451 136,820 b 151,837 c 2. Exchange Rate (`/$, average) 54.4 60.5 61.1 65.5 67.1 3. Population (million) 1,235 1,251 1,267 1,283 1,299 Note: ( ) = negative, = data not available, GDP = gross domestic product. a. Indicators are based on fiscal years, ending on 31 March of the next calendar year b. Based on Revised Estimates c. Based on Provisional Estimates d. Consolidated including federal as well as states. e. Budget Estimates f. As on September 2016 g. As on December 2016 Sources: Economic Survey 2016 2017, Ministry of Finance, Government of India. Ministry of Finance, Government of India. Ministry of Statistics and Programme Implementation, Government of India.. Reserve Bank of India. Reserve Bank of India Bulletin (various years), Database on the Indian Economy, Reserve Bank of India http://dbie.rbi.org.in (accessed 03 June 2017)
3 COUNTRY ECONOMIC INDICATORS (INDONESIA) 2012 2013 2014 2015 2016 a Item 1. GDP per Capita ($, current) 3,688.0 3,620.7 3,491.6 3,336.1 3,570.2 2. GDP Growth (%, in constant prices) 6.0 5.6 5.0 4.9 5.0 a. Agriculture 4.6 4.2 4.2 3.8 3.3 b. Industry 5.3 4.3 4.3 3.0 3.9 c. Services 6.8 6.4 6.0 5.5 5.6 B. Saving and Investment (current and market prices, % of GDP) 1. Gross Domestic Investment 32.7 32.0 32.5 32.8 32.6 2. Gross National Saving 30.0 28.8 29.4 30.8 30.8 C. Money and Inflation (annual 1. Consumer Price Index (average) 4.0 6.4 6.4 6.4 3.5 2. Total Liquidity (M2) 15.0 12.7 11.9 8.9 7.5 1. Revenue and Grants 16.2 15.1 14.6 13.1 12.5 2. Expenditure and Onlending 18.0 17.4 16.7 15.6 15.0 3. Overall Fiscal Surplus (Deficit) -1.8-2.3-2.2-2.6-2.5 1. Merchandise Trade Balance (% of GDP) 0.9 0.6 0.8 1.6 1.7 2. Current Account Balance (% of GDP) -2.7-3.2-3.1-2.0-1.8 3. Merchandise Export ($) Growth (annual -2.0-2.8-3.7-14.9-3.2 4. Merchandise Import ($) Growth (annual 13.6-1.3-4.5-19.7-4.6 1. Gross Official Reserves (in $ billion) 112.8 99.4 111.9 105.9 116.4 (in months of imports of goods and official debt repayment) 6.1 5.5 6.4 7.4 8.4 2. External Debt Service (% of exports of goods and services) 17.3 18.4 24.0 20.5 23.1 3. Total External Debt (% of GDP) 27.4 29.1 33.0 36.1 37.0 1. GDP (current prices, Rp trillion) 8,615.7 9,524.7 10,542.7 11,540.8 12,406.8 2. Exchange Rate (Rp/$, average) 9,386.6 10,461.2 11,865.2 13,389.4 13,307.0 3. Population (million) 248.0 251.3 254.5 257.6 260.9 = not available, ( ) = negative, GDP = gross domestic product. a Asian Development Bank staff estimates. Sources: Bank of Indonesia, Ministry of Finance, Central Bureau of Statistics (BPS), International Monetary Fund, Asian Development Outlook (ADO), World Bank, and Asian Development Bank staff estimates. The data presented has also taken into account changes in data released by the government agencies.
4 COUNTRY ECONOMIC INDICATORS (LAO PEOPLE S DEMOCRATIC REPUBLIC) Calendar Year Item 2012 2013 2014 2015 2016 1. GDP per capita ($, current) 1,445 1,713 1,835 1,912 2,027 2. GDP growth (%, constant prices) 7.9 7.9 7.4 6.7 6.8 a. Agriculture 3.3 3.5 2.9 2.0 2.5 b. Industry 11.4 9.7 8.5 8.0 8.0 c. Services 9.3 9.7 9.0 8.5 9.0 B. Saving and Investment (% of GDP, current prices) 1. Gross domestic investment 2. Gross domestic saving C. Money and Inflation (annual 1. Consumer price index 4.3 6.4 4.2 1.3 1.6 2. Liquidity (M2) 31.0 17.0 25.2 16.4 13.0 a 1. Revenue and grants 24.1 23.9 23.2 24.0 18.5 2. Expenditure and onlending 24.6 29.6 27.8 26.7 24.4 3. Overall fiscal surplus (deficit) -0.5-5.6-4.5-2.7-5.9 1. Merchandise trade balance (% of GDP) -32.5-32.1-27.8-27.2-18.0 2. Current account balance (% of GDP) -29.9-29.6-20.7-16.8-14.1 3. Merchandise export ($) growth (annual % 7.3 14.9 18.5-14.8 10.8 4. Merchandise import ($) growth (annual % 27.6 13.1 8.3-6.1-7.9 1. Gross official reserves (including gold, $ million 1.1 1.0 1.5 1.6 1.4 in months of current year s imports of goods) 2. External debt service (% of exports of goods 9.3 13.6 12.8 12.3 20.6 and services) 3. External debt (% of GDP) 79.8 86.9 92.7 95.5 98.1 1. GDP (Kip billion, current prices) 75,567 84,571 94,341 102,13 0 112,18 8 2. Exchange rate (Kip/$, average) 7,994 7,818 8,030 8,130 8,125 3. Population (million) GDP = gross domestic product; M2 = money supply; a Based on fiscal year (1 October to 30 September); e = estimate Sources: 2017 Asian Development Outlook and its supplement; IMF 2016 Article IV Consultation and IMF-WB Debt Sustainability Analysis 2016; Statistical Year Book 2015, Lao Statistics Bureau; Monetary Survey, Bank of Lao PDR; Government Financial Statistics, Ministry of Finance, and staff estimated
5 COUNTRY ECONOMIC INDICATORS (MYANMAR) Item 2012 2013 2014 2015 2016 1. GDP per capita ($, current) 1,579 1,214 1,275 1,193 2. GDP growth (%, constant prices) 5.6 7.3 8.4 8.0 7.3 a. Agriculture 1.7 3.6 2.8 3.4 b. Industry 8.0 11.4 12.1 8.7 c. Services 12.0 10.3 9.1 9.1 B. Saving and Investment (% of GDP, current prices) 1. Gross domestic investment 30.9 32.0 32.1 34.9 2. Gross domestic saving 36.6 33.8 32.6 31.8 C. Money and Inflation (annual 1. Consumer price index 5.0 1.5 5.5 5.5 11.2 2. Liquidity (M2) 42.5 16.2 24.8 26.2 32.9 1. Revenue and grants 14.7 22.9 24.1 24.8 21.9 2. Expenditure and onlending 27.6 29.8 26.2 28.6 3. Overall fiscal surplus (deficit) (3.8) (4.7) (5.4) (1.1) (6.1) (Calendar Year) 1. Merchandise trade balance (% of GDP) 0.0 1.0 0.2 (3.3) (6.1) 2. Current account balance (% of GDP) (4.0) (4.9) (3.3) (5.2) 3. Merchandise export ($) growth (annual 5.3 8.1 14.3 3.5 (1.5) 4. Merchandise import ($) growth (annual 86.9 1.4 24.3 26.1 11.7 1. Gross official reserves (including gold, $ million in months of current year s imports of goods) 0.8 2.4 2.8 2.8 2. External debt service (% of exports of 2.2 3.3 2.9 4.1 goods and services) 3. External debt (% of GDP) 17.1 16.4 13.3 15.5 1. GDP (MK billion, current prices) 46,307.9 51,259.3 58,011.6 65,262.1 72,780.5 2. Exchange rate (MK/$, official midpoint 5.4 879.5 967.0 1,003.0 1,225.8 year average) 3. Population (million) 52.1 52.5 53.0 52.0 52.5 GDP = gross domestic product; MK = kyat. Source: ADB estimates, 2017 Key Indicators for Asia and the Pacific 2016
6 COUNTRY ECONOMIC INDICATORS (PEOPLE S REPUBLIC OF CHINA) Item 2011 2012 2013 2014 2015 2016 1. GDP per capita ($, current prices) 5,633.9 6,337.8 7,078.0 7,684.7 8,069.6 8,113.0 2. GDP growth (%, constant prices) 9.5 7.9 7.8 7.3 6.9 6.7 a. Agriculture 4.2 4.5 3.8 4.1 3.9 3.3 b. Industry 10.7 8.4 8.0 7.4 6.2 6.1 c. Services 9.5 8.0 8.3 7.8 8.2 7.8 B. Saving and Investment (% of GDP, current prices) 1. Gross domestic investment 47.7 47.2 47.4 47.0 45.4 44.7 2. Gross domestic saving 50.7 49.8 49.5 49.0 47.8 47.5 3. Gross national saving 50.1 49.6 48.6 49.2 47.3 47.0 C. Money and Inflation (annual 1. Consumer price index 5.4 2.6 2.6 2.0 1.4 2.0 2. Liquidity (M2) 17.3 14.4 13.6 11.0 13.3 11.3 1. Revenue and grants 21.2 21.7 21.7 21.8 22.1 21.4 2. Expenditure and onlending 22.3 23.3 23.6 23.6 25.5 25.2 3. Overall fiscal surplus (deficit) (1.1) (1.6) (1.8) (1.8) (3.4) (3.8) 1. Merchandise trade balance (% of GDP) 3.0 3.6 3.7 4.1 5.2 4.4 2. Current account balance (% of GDP) 1.8 2.5 1.5 2.3 2.7 1.8 3. Merchandise exports ($) growth (annual 21.6 9.2 8.9 4.4 (4.5) (7.2) 4. Merchandise imports ($) growth (annual 27.3 5.2 7.7 1.1 (13.4) (4.5) 1. Gross official reserves (including gold, $billion) 3,255.8 3,387.9 3,880.4 3,899.3 3,406.1 3,097.8 2. External debt service (% of exports of goods and services) 1.7 1.6 1.6 2.6 5.0 6.0 3. External debt (% of GDP) 9.2 8.6 9.0 17.0 12.8 12.7 1. GDP (current prices, CNY billion) 48,930. 54,036. 59,524. 64,397. 68,905. 74,412. 1 7 4 4 2 7 2. Exchange rate (CNY/$, average) 6.5 6.3 6.2 6.1 6.2 6.7 3. Population (end-year, million) 1,347.4 1,354.0 1,360.7 1,367.8 1,374.6 1,382.7 ( ) = negative, GDP = gross domestic product, and CNY= Chinese Yuan. Source: Asian Development Outlook database.
7 COUNTRY ECONOMIC INDICATORS (PHILIPPINES) Item 2012 2013 2014 2015 2016 1. GDP per capita ($, current) 2,581.8 2,760.3 2,842.9 2,878.3 2,951.1 2. GDP growth (%, constant prices) 6.7 7.1 6.2 6.1 6.9 a. Agriculture 2.8 1.1 1.7 0.1 (1.3) b. Industry 7.3 9.2 7.8 6.4 8.4 c. Services 7.1 7.0 6.2 6.9 7.4 B. Saving and Investment (% of GDP, current prices) 1. Gross domestic investment 18.2 20.0 20.6 21.2 24.3 2. Gross national saving a 21.0 24.2 24.4 23.7 24.5 C. Money and Inflation (annual % 1. Consumer price index 3.2 3.0 4.1 1.4 1.8 2. Liquidity (M2, end-period) 9.4 33.5 10.5 9.1 13.3 1. Revenue and grants 14.5 14.9 15.1 15.8 15.2 2. Expenditure and onlending 16.8 16.3 15.7 16.8 17.6 3. Overall fiscal surplus (deficit) (2.3) (1.4) (0.6) (0.9) (2.4) 1. Merchandise trade balance (% of (7.6) (6.5) (6.1) (8.0) (11.2) GDP) 2. Current account balance (% of GDP) 2.8 4.2 3.8 2.5 0.2 3. Merchandise export ($) growth (annual 21.2 (4.0) 11.9 (13.3) 0.6 4. Merchandise import ($) growth (annual 11.3 (4.8) 8.0 (1.0) 16.6 F. External Payments 1. Gross official reserves (including 12.6 12.7 10.8 10.7 9.5 gold, $ million in months of current year s imports) 2. External debt service (% of exports of 7.3 8.2 6.3 5.6 6.9 goods and receipts from services and primary income) 3. External debt (% of GDP) 32.0 28.9 27.3 26.5 24.5 1. GDP (PHP billion, current prices) 10,561.1 11,542.3 12,634.2 13,322.0 14,480.7 2. Exchange rate (PHP/$, average) 42.2 42.4 44.4 45.5 47.5 3. Population (million) 96.5 98.2 99.9 101.6 103.2 a The saving rate is calculated as the sum of the investment rate and current account balance (all as a percent of GDP), similar to the approach used in the IMF Article IV Consultation report. data not available Sources: Philippine Statistics Authority, Bureau of Treasury, Bangko Sentral ng Pilipinas, World Bank World Development Indicators (accessed 24 July 2017)
8 COUNTRY ECONOMIC INDICATOR (THAILAND) Item 2012 2013 2014 2015 2016 1. GDP per Capita ($, current) 5,385.5 5,672.0 6,041 5,890 6,073.6 2. GDP Growth (%, in constant prices) 7.2 2.7 0.8 2.8 3.2 a. Agriculture 2.7 0.8 0.7-3.8 0.6 b. Industry 7.2 1.5-0.2 1.2 3.4 c. Services 8.2 3.9 1.5 5.0 4.2 B. Saving and Investment (current and market prices, % of GDP) 1. Gross Domestic Investment 28.0 27.5 24.1 24.1 2. Gross National Saving 28.9 30.1 30.7 35.4 C. Money and Inflation (annual 1. Consumer Price Index 3.0 2.2 1.9-0.9 0.2 2. Total Liquidity (M2) 10.4 7.3 4.7 4.4 4.1 1. Revenue 17.1 19.4 18.4 19.4 2. Expenditure 19.4 20.3 20.5 20.6 3. Overall Budget Surplus (Deficit) -2.2-0.9-2.1-1.2 1. Merchandise Trade Balance (% of GDP) 1.5 2.6 6.6 8.8 4.5 2. Current Account Balance (% of GDP) -0.4-0.7 3.8 8.0 11.4 3. Merchandise Export ($) Growth (annual 3.6-1.3-0.3-5.6 0 4. Merchandise Import ($) Growth (annual 9.8-0.7-8.5-11.3-4.7 1. Gross Official Reserves ($ million) 181.6 167.2 157.1 156.5 171.9 2. External Debt Service 4.2 4.0 4.9 6.2 6.3 (% of exports of goods and services) 3. Total External Debt (% of GDP) 35.7 36.1 37.4 32.8 32.5 1. GDP (current prices, THB millions) 12,354,656 12,910,038 13,148,601 13,533,596 14,360,627 2. Exchange Rate (THB/$, average) 31.1 30.7 31.2 34.3 35.3 3. Population (million) 64.5 64.8 65.1 65.7 65.9
9 COUNTRY ECONOMICS INDICATORS (VIETNAM) (As of 21 July 2017) Item 2013 2014 2015 2016 2017 1. GDP per capita ($, current) 1,909 2,052 2,109 2,215 2. GDP growth (%, constant prices) a 5.4 6.0 6.7 6.2 5.7 a. Agriculture 2.6 3.4 2.4 1.4 2.7 b. Industry 5.1 6.4 9.6 7.6 5.8 c. Services 6.7 6.2 6.3 7.0 6.9 B. Savings and Investment (% of GDP, current prices) 1. Gross domestic investment a 26.7 26.8 27.7 26.6 24.6 2. Gross national saving 31.2 31.7 28.2 29.9 C. Money and Inflation (annual a 1. Consumer price index b 6.6 4.1 0.6 2.7 4.1 2. Liquidity (M2) a 18.8 17.7 16.2 18.4 14.3 a 1. Revenue and grants 23.1 22.3 22.1 24.4 27.4 2. Total expenditure 28.8 26.4 26.1 28.7 28.3 3. Fiscal surplus (deficit) -5.7-4.1-4.0-4.3-0.9 c 1. Merchandise trade (% of GDP) 5.1 6.5 3.9 5.4-0.1 2. Current account balance (% of GDP) 4.5 4.9 0.5 3.0-2.8 3. Merchandise export ($) growth (annual 15.3 13.8 7.9 8.9 15.1 4. Merchandise import ($) growth (annual 16.5 12.0 12.0 7.0 27.8 1. Gross official reserves (including gold, $ million in weeks of current year's imports of goods and services) d 9.8 11.7 8.6 10.5 10.9 2. External debt service (% of exports of goods and services) 4.3 4.1 3. National external debt (% of GDP) 37.3 38.3 43.1 50.1 49.5 1. GDP (VND trillions, current prices) a 3,584.3 3,937.9 4,192.9 4,502.7 2,058.8 2. Exchange rate (period average, VND per $) a 20,935 21,149 21,676 21,931 22,369 3. Population (million) 89.7 90.7 91.7 92.7 = data not available, GDP = Gross Domestic Product, VND = Viet Nam Dong a Data for 2017 is end of quarter 2, 2017. b Data for 2017 is average of January-June 2017, on corresponding period of 2016. c Data for 2017 is end of quarter 1, 2017. d Excludes government's foreign exchange deposits at State Bank of Viet Nam. Data for 2017 is end of quarter 1, 2017. Sources: Government of Viet Nam, International Monetary Fund, and Asian Development Bank s staff s estimates.