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Fiji has one of the most developed economies in the Pacific, with tourism as its main driver of economic activity and foreign direct investment. In 2019, more than 894,000 people visited Fiji, a growth rate of 2.8% on the 2018 numbers. The country has also seen a shift in exports from agricultural commodities to manufactured goods. The Asian Development Bank (ADB) has been supporting Fiji since 1970 and is currently working with the national government based on the country partnership strategy, 2019–2023, which was approved in April 2019. Over the strategy period, ADB has anticipated an allocation of $600 million in sovereign and nonsovereign resources to help Fiji overcome its key development challenges. Since 1970, ADB has committed loans totaling $589.4 million, grants of $35 million, and technical assistance worth $36.8 million for Fiji. Cumulative loan and grant disbursements to Fiji from regular ordinary capital resources and other special funds amount to $371.3 million.

The economy of the Federated States of Micronesia (FSM) continued to grow in 2019, driven largely by the fishing industry, which has attracted substantial increases in domestic revenues from fishing licenses sold to foreign fleets. However, despite relatively consistent economic activity, significant challenges remain in the FSM. Development partner support has focused on achieving medium-term fiscal sustainability to ensure that sufficient resources are available if grants from the Compact of Free Association with the United States (the Compact) expire in 2023. The country is presently in negotiations to extend the Compact beyond 2023. Investments are also being made to stimulate the FSM's private sector.

Located at the crossroads of Europe and Asia, Georgia is an important node for regional trade flows and has a unique geographic advantage for market integration with the rest of the world, including the European Union. The Government of Georgia has taken steps to deregulate the economy, streamline bureaucracy, and combat corruption. Committed to an inclusive growth process, the government has considerably increased social sector funding and made public expenditure transparent. Solid economic growth driven by the private sector is expected to support Georgia's development and reduce the country's poverty and unemployment. The Asian Development Bank (ADB) began its partnership with Georgia in 2007 and is one of the country's largest multilateral development partners.

India's rapid economic growth in recent decades has lifted the country to become the world's third-largest economy (in purchasing power parity terms), while major economic reforms have helped dramatically reduce poverty since 2004. India was a founding member of the Asian Development Bank (ADB) in 1966 and is now the bank's fourth largest shareholder. ADB's operations in India commenced in 1986, and the bank remains committed to helping the country achieve its aspiration of becoming a $5 trillion economy by 2025. India has been ADB's top borrower since 2010. ADB's country partnership strategy, 2018–2022 for India aims to accelerate the country's inclusive economic transformation. The strategy focuses on building industrial competitiveness to create more jobs, extending infrastructure and services to low-income states, and addressing environmental and climate change concerns. These objectives are pursued while promoting private sector development, gender empowerment and social inclusion, and regional integration through the South Asia Subregional Economic Cooperation (SASEC) and other forums.

Indonesia was a founding member of the Asian Development Bank (ADB) in 1966. Today, the country is ADB's sixth largest shareholder and one of its largest sovereign borrowers. Indonesia has made remarkable progress in its social and economic development in the past few decades. Since the 1998 Asian financial crisis, its economy has grown tenfold and per capita income has risen eightfold. The country reached middle-income status in 2004 and became a Group of Twenty (G20) member in 2008. Poverty levels fell to single digits for the first time in 2018. Despite this progress, fostering inclusive and sustainable economic growth remains a challenge in Indonesia. Poverty is still significant, inequality and regional income disparities are relatively high, and quality jobs are scarce. To address these challenges, the Government of Indonesia's medium-term development priorities include building economic resilience to achieve quality and equitable economic growth; promoting economic infrastructure and basic services; developing quality and competitive human capital; addressing environment and climate change; and supporting regional development.

Kazakhstan became a member of the Asian Development Bank (ADB) in 1994, shortly after it achieved independence. During the past 26 years, ADB has aided Kazakhstan with financing, technical assistance, and knowledge support as part of its sovereign operations. Priority areas of investment have been budget support, transport, the finance sector, agriculture, and renewable energy. Current ADB operations in Kazakhstan are being implemented under the country partnership strategy, 2017–2021, which is structured around three pillars: economic diversification, inclusive development, and sustainable growth. ADB is also supporting Kazakhstan's active participation in the Central Asia Regional Economic Cooperation (CAREC) Program.

The Kyrgyz Republic joined the Asian Development Bank (ADB) in 1994. In recent years, the Government of the Kyrgyz Republic has maintained a strong development agenda to reduce poverty through inclusive economic growth. With the support of ADB, the government has sought to reform legal and regulatory frameworks, improve the country's business environment, make affordable finance available to all, improve the reliability of electricity services, and help Kyrgyz citizens become more employable. Since 1994, ADB has committed 48 loans ($1.3 billion), 44 grants ($783 million), and 109 technical assistance projects ($62.5 million) for the Kyrgyz Republic. Cumulative loan and grant disbursements to the Kyrgyz Republic amount to $1.31 billion. These were financed by regular and concessional ordinary capital resources, the Asian Development Fund, and the Japan Fund for Poverty Reduction.

Composed of 33 small islands dispersed over 3.5 million square kilometers in the Pacific, Kiribati joined the Asian Development Bank (ADB) in 1974. The economy is driven by construction associated with large, donor-financed investments and by strong revenues from fishing licenses. Kiribati has enjoyed sustained economic growth in recent times, averaging 3.9% from 2012 to 2018. The country's economy is, however, highly vulnerable to external shocks and income volatility. It is exposed to extreme weather events and the impacts of climate change, and is dependent on imports and nontax revenues. Sources of external revenue include fishing license receipts, foreign aid, and investment income from Kiribati's sovereign wealth fund (the Revenue Equalization Reserve Fund). Private sector development is constrained by the size and scale of the economy, the high costs of doing business, and the country's widely dispersed population.

The Asian Development Bank (ADB) has been supporting the Lao People's Democratic Republic (Lao PDR) since 1968 and remains one of the country's largest multilateral financiers. Over the past 5 years, the country's economy has enjoyed a healthy rate of growth. However, a delicately balanced macroeconomic outlook, weak human resources and infrastructure, and the recurrence of natural hazards continue to pose challenges to the Lao PDR's development. To reduce the country's heavy reliance on the resources sector, particularly hydropower and mining, which offer limited jobs and lack industrial linkages to the rest of the economy, economic diversification and enhanced regional cooperation are needed to expand trade, accelerate private sector investment, and generate employment.

Rapid growth since independence, and especially in the 1980s, enabled Malaysia to transition from an agriculture-based economy to a semi-industrialized nation by the new millennium. Agriculture had the highest contribution to the economy at around 30% in the 1970s, but was superseded by services, accounting for over 50% of economic activity by 2019. Robust growth continued in the past 2 decades, and while growth narrowed in recent years, private consumption remained the driver of economic expansion, with significant contributions from tourism, small and medium-sized enterprises, and knowledge-based services. Inflation remained low.

Comprising around 1,190 small islands in the Indian Ocean, Maldives was home to around 515,696 people in 2018 and is famous for some of the world's most beautiful beaches. The Asian Development Bank (ADB) has been supporting Maldives since 1978, with high-end tourism propelling the country's strong economic expansion over recent decades. This has helped Maldives gain upper middle-income status with the highest per capita income in South Asia. However, as a relatively small island economy, the country is extremely vulnerable to external economic shocks and the negative impacts of climate change. Since 1978, ADB has committed loans, grants, and technical assistance worth $326.90 million (excluding equity investment of $4.50 million) for Maldives. Cumulative loan and grant disbursements to Maldives amount to $196.9 million. These were financed by regular and concessional ordinary capital resources, the Asian Development Fund, and other special funds.

Driven by strong domestic demand, Mongolia has mounted a strong economic recovery since 2017. The country, however, continues to face long-standing development challenges, including underdeveloped infrastructure, lack of export diversification, underemployment, desertification, and air pollution. Finding solutions to these problems will be essential if Mongolia is to develop a more resilient and diversified economy, and permanently lift out of poverty the 28.4% of the population who are impoverished. The Asian Development Bank (ADB) has been Mongolia's largest multilateral development partner since 1991, playing a central role in the country's transformation to a middle-income, market-based economy.

Building on successful political and economic transformation, Myanmar is emerging as a prosperous nation. The country possesses abundant natural resources, a strategic location at the crossroads of Asia, a young population, and a sizable market with wide-ranging investment opportunities. Myanmar's long-term vision is to achieve inclusive and sustainable economic growth, with national reconciliation, equitable development, protection of natural resources, and job creation as overarching goals. However, despite notable success in the initial set of reforms, some challenges remain in both economic management and the peace process. The Asian Development Bank (ADB) first welcomed Myanmar as a member in 1973 and commenced reengagement in early 2012. ADB has since been supporting the country's national strategies and priority programs in collaboration with other development partners.

Nauru is one of the world's smallest island nations. Its remote location and small domestic market raise the cost of doing business and leave its institutions thinly resourced. The Government of Nauru's income derives largely from the presence of a regional processing center for asylum seekers and revenues from selling fishing licenses. The Asian Development Bank (ADB) has been supporting Nauru since 1991, and cooperation has most recently focused on shoring up the country's economic and fiscal sustainability, which remain key concerns for the government given its reliance on narrow and uncertain sources of revenue, with limited private sector opportunities. Since 1991, ADB has committed a loan of $5 million, grants of $119.6 million, and technical assistance worth $7 million for Nauru. Cumulative loan and grant disbursements to Nauru from regular ordinary capital resources and the Asian Development Fund amount to $19.0 million.

Nepal has made notable economic and social progress in recent years: literacy rates have increased, poverty rates have declined, and gender disparities have narrowed. Nepal aims to achieve the Sustainable Development Goals by 2030. However, poverty is still high in rural areas and among socially disadvantaged groups. Nepal was a founding member of the Asian Development Bank (ADB) in 1966. The bank's assistance has since been directed mainly to improvements in energy security, transport, water supply and urban infrastructure services, agriculture and irrigation, and education. Nepal moved to a federal system of governance after the promulgation of its constitution in 2015. The federalization process has devolved several functions to 7 provinces and 753 local governments