In 2023, the real gross domestic product (GDP) in the Philippines grew by approximately 5.55 percent, marking the highest growth rate in Southeast Asia. In comparison, Singapore's real GDP growth rate dropped to less than 1.1 percent. Most Southeast Asian economies are projected to see an increase in their real GDP growth rates in 2025 compared to 2023, except for Laos and Myanmar. Southeast Asia, a tapestry of economic and cultural complexity Historically a critical component of global trade, Southeast Asia is a diverse region with heterogeneous economies. The region comprises 11 countries in total. While Singapore is a highly developed country economy and Brunei has a relatively high GDP per capita, the rest of the Southeast Asian countries are characterized by lower GDPs per capita and have yet to overcome the middle-income trap. Malaysia is one of these countries, having reached the middle-income level for many decades but yet to grow incomes proportionally to its economic development. Nevertheless, Southeast Asia’s young population will further drive economic growth across the region’s markets. ASEAN’s economic significance Aiming to promote economic growth, social progress, cultural development, and regional stability, all Southeast Asian countries except for Timor-Leste are part of the political and economic union Association of Southeast Asian Nations (ASEAN). Even though many concerns surround the union, ASEAN has avoided trade conflicts and is one of the largest and most dynamic trade zones globally. Factors such as the growing young population, high GDP growth, a largely positive trade balance, and exemplary regional integration hold great potential for future economic development in Southeast Asia.
In 2022, the estimated total GDP of all ASEAN states amounted to approximately 3.67 trillion U.S. dollars, a significant increase from the previous years. In fact, the GDP of the ASEAN region has been skyrocketing for a few years now, reflecting the region’s thriving economy. Power in the EastThe Association of Southeast Asian Nations (ASEAN) comprises Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. It was established in 1967 among five of these countries (Indonesia, Malaysia, Thailand, Singapore, and the Philippines) to facilitate trade and economic growth, as well as promote cultural development and social structures in the region. To date, they have been joined by another five nations. The ASEAN marketThe founding of the ASEAN organization provides the collaborating nations with more autonomy and influence on the global economy than they would have had by themselves. Additionally, struggling participating countries, such as Laos, are given an opportunity to grow on an ASEAN single market.
In 2019, all ASEAN nations had a total gross domestic product growth of approximately 4.6 percent. This was a decrease compared to 2010, in which the GDP of the ASEAN region grew by 7.5 percent.
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This dataset provides values for GDP ANNUAL GROWTH RATEIZED reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
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GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.
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This dataset provides values for FULL YEAR GDP GROWTH reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
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In the new global economy, Blue Economy has become a central issue, including for Southeast Asian Countries regarding its potentials as key drivers of economic growth and innovation. ASEAN member countries has declared to commit on taking the lead on the regional cooperation in relation to the Blue Economy through ASEAN Leaders’ Declaration on the Blue Economy, last 26 October 2021, in Brunei Darussalam. Besides the economic opportunities, Blue Economy has responsibilities to carry out due to the need to ensure ocean sustainability and rules-based ocean governance. Previous studies on the topic in general, have reported some issues such as (1) Blue Economy complexity and diversity on stakeholders’ and policymakers’ perspectives and perceptions, (2) contested narratives between the economic growth and development vis-à-vis ocean resources environmental protection, and (3) the urge to strengthen regional centrality and unity in term of commitments on achieving the goals. This study aims to identify ASEAN member countries capacities and capabilities regarding the Blue Economy implementations. We developed ASEAN Blue Economy Dataset using numbers of official and reputable macro-economic and political-security data which are related to established and emerging sectors of Blue Economy. By using the data and indices generated from the dataset, we measured ASEAN ‘Blue Economic Posture’ to quantify and portray ASEAN’s trajectory to actualize sustainable ocean economy in term of capacity building and potential cooperation initiatives.
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This dataset provides values for GDP reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
The gross domestic product (GDP) growth rate of all major economies included except China was negative in 2020 following the COVID-19 pandemic. Growth rates were positive again in 2021, but stagnated in some countries in 2023 amid high inflation rates. What does GDP measure? GDP is the sum of all consumption, investment, government spending, and net exports in an economy. As such, different things drive the growth of each of these countries. Germany benefits from a high value of net exports, also known as its trade balance. Drawbacks of GDP growth as a metric GDP measures growth, but it does not capture welfare gains correctly in many cases. For example, carbon dioxide emissions often go hand in hand with a growing GDP. These emissions are from industry, such as coal power plants, or consumption, such as driving cars, but GDP does not measure the damage from these activities. Also, national debt is not incorporated into GDP.
The real gross domestic product (GDP) growth of Macao was more than 80 percent in 2023, which was the highest growth rate across all countries and territories in the Asia-Pacific region in that year. In comparison, China's real GDP was reported to grow at about 5.25 percent in 2023 and projected to grow by 3.3 percent by 2029.
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ObjectiveThe objective of this study was to identify factors influencing the development of China-ASEAN trade- from the total economic volume of both sides, distance, the population size of ASEAN countries, the construction of a free trade area, and the signing of the Belt and Road initiative, resource endowment per capita, the exchange rate between RMB and ASEAN countries, and the land area of ASEAN countries—to develop a conceptual framework for China-ASEAN trade potential.Study designThis study uses panel data from 2001 to 2021 that is evenly distributed among 10 ASEAN countries to serve as the dataset. Firstly, the unit roots are checked and the cointegration relationships are examined, focusing on the heterogeneity test. Based on the classical trade gravity model, the innovative trade gravity model with key influencing factors is constructed. On the basis of the classical trade gravity model, an innovative trade gravity model of key influencing factors is constructed. The trade potential model is used to calculate the direct trade potential coefficient between China and ASEAN countries, which points out the direction for the sustainability of bilateral trade.ResultsThis study finds that among the factors affecting China-ASEAN bilateral trade, the total economic output of both sides, distance, population size of ASEAN countries, the construction of the FTA, and the signing of the Belt and Road Initiative all have a positive impact on bilateral trade. Three influencing factors, namely per capita resource endowment, exchange rate between RMB and ASEAN countries, and the size of ASEAN countries, have a negative impact on bilateral trade, but to a lesser extent. The trade potential between China and Vietnam falls into the category of potential re-modelling, indicating that both sides are currently utilizing their trade potential to the greatest extent possible, that trade growth space is limited, and that new trade opportunities must be discovered. The trade potential index between China and nine ASEAN countries, excluding Vietnam, is in the potential-exploiting category, indicating that the potential has not been fully utilized by both sides and that there is still room for growth in the scale of trade between the two countries.ConclusionWith the shift of the world’s economic center of gravity in the direction of Asia following COVID-19, China and ASEAN countries should seize the opportunity to strengthen their comprehensive strength and economic aggregates and further develop China’s constructive role in the regional organization. The signing of the Belt and Road Initiative and the construction of a free trade zone has had a positive effect on the development of bilateral trade. Propose that: positive trade factors should continue to be strengthened, trade barriers should be removed, and new dynamics of bilateral trade growth should be enhanced.
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Association of Southeast Asian Nations (ASEAN) - Import Price Index by Origin (NAICS): Food Manufacturing for Association of Southeast Asian Nations was 118.30000 Index 2010=100 in February of 2022, according to the United States Federal Reserve. Historically, Association of Southeast Asian Nations (ASEAN) - Import Price Index by Origin (NAICS): Food Manufacturing for Association of Southeast Asian Nations reached a record high of 118.30000 in February of 2022 and a record low of 92.40000 in July of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for Association of Southeast Asian Nations (ASEAN) - Import Price Index by Origin (NAICS): Food Manufacturing for Association of Southeast Asian Nations - last updated from the United States Federal Reserve on February of 2025.
Gross domestic product (GDP) of emerging and developing countries in Asia is expected to reach over 37.44 trillion U.S. dollars by 2029. This would be almost double the GDP from a decade earlier, which was about 20.59 trillion U.S. dollars. Emerging and developing economies are the second-largest source of global GDP. The region’s GDP generally comes from manufacturing and trade, as well as growing financial industries and international commerce. A region with growing economic power Of the countries the IMF categorizes as emerging and developing in Asia (See “More information” for full list), several are a part of the Association of Southeast Asian Nations (ASEAN), an organization that provides the collaborating nations with a greater opportunity for growth and participation in the global economy than they would otherwise have. Indonesia, a founding member, has the largest economy in South East Asia, and is predicted to be one of the 15 countries worldwide with the highest GDP by 2030.
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Graph and download economic data for Gross Domestic Product Per Capita for Developing Countries in East Asia and Pacific (NYGDPPCAPCDEAP) from 1960 to 2023 about East Asia, Pacific, per capita, and GDP.
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The size of the ASEAN Office Real Estate Market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 9.00">> 9.00% during the forecast period. The ASEAN office real estate market encompasses the development, leasing, and investment in office spaces across the Association of Southeast Asian Nations (ASEAN) member countries, which include Indonesia, Malaysia, Singapore, Thailand, the Philippines, Vietnam, and others. This market has witnessed significant growth driven by rapid urbanization, economic development, and increasing foreign direct investment in the region. As companies expand their operations and establish a presence in ASEAN, the demand for high-quality office spaces has surged, particularly in key cities such as Singapore, Bangkok, and Jakarta. The market is characterized by a diverse range of office types, including traditional office buildings, co-working spaces, and flexible office solutions. The rise of remote work and changing employee preferences have accelerated the popularity of co-working spaces, which offer businesses the flexibility to adapt to fluctuating workforce needs while promoting collaboration and innovation. Additionally, sustainability has become a critical focus, with developers and tenants increasingly seeking green buildings that comply with environmental standards, contributing to energy efficiency and reduced operational costs. Recent developments include: September 2022 - Ciputra International (a real estate company), inaugurated the Propan Tower. This project has 17 floors and is spread across 7.4 hectares, consisting of 10 buildings, 6 offices, 3 apartments, and 1 hotel. The project was developed to meet the increasing demand for office space in Jakarta., February 2022 - Hulic (a real estate company) signed a Purchase Agreement with Japan Excellent (a real estate investment trust that mainly invests in office buildings in Tokyo) to buy Trust Beneficiary Rights in Shintomicho Building for JPY 3.1 billion (USD 25.4 million). The Trust Beneficiary Rights in the Shintomicho Building will be transferred in two parts, with the first phase being the transfer of 40% ownership for JPY 1,24 billion (USD 10.1 million) and the second phase involving the transfer of the remaining 60% ownership for JPY 1.86 billion (USD 15.3 million).. Key drivers for this market are: Increasing geriatric population, Growing cases of chronic disease among senior citizens. Potential restraints include: High cost of elderly care services, Lack of skilled staff. Notable trends are: Demand for Co-Working Spaces Driving the Market.
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This dataset provides values for NOMINAL GDP GROWTH reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.
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The Report Covers ASEAN Digital Transformation Companies, and the Market is Segmented by Type (Analytics, Artificial Intelligence, and Machine Learning, Extended Reality (XR), Iot, Industrial Robotics, Blockchain, Additive Manufacturing/3D Printing, Cybersecurity, Cloud and Edge Computing, Others (digital Twin, Mobility, and Connectivity)), by End-User Industry (Manufacturing, Oil, Gas and Utilities, Retail and E-Commerce, Transportation and Logistics, Healthcare, BFSI, Telecom and IT, Government and Public Sector, Others (Education, Media and Entertainment, Environment Etc)). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.
In 2023, Singapore received foreign direct investment (FDI) of nearly 160 billion U.S. dollars. In contrast, Brunei recorded negative FDI values of around 57 million U.S. dollars that year. FDI inflows to ASEAN countries amounted to almost 230 billion U.S. dollars in 2023. Foreign direct investment in Singapore Singapore has been successful in creating a favorable investment climate for foreign investors with attractive legal frameworks and policies. A catalyst in the country’s economic growth, foreign direct investment net inflows in Singapore experienced a significant increase in the last decade. A closer look at the sectorial distribution shows that the foreign direct investment in the financial and insurance services sector in Singapore accounts for more than half of the FDI inflows in the country in 2022. In 2023, Singapore was listed third among the leading economies for foreign direct investment inflows globally. Foreign direct investment in the ASEAN region A regional overview of the foreign direct investment inflows to the ASEAN region by economic sector reveals a higher concentration of investments in the finance and insurance sector, followed by manufacturing, as well as the wholesale and retail trade industry. For instance, industry-wise foreign direct investment inflows to Vietnam in 2023 went mainly to manufacturing, with a share of over 64 percent of the country’s total FDI. Nevertheless, other economic sectors such as services or real estate, among others, attract considerable amounts of FDI inflows throughout the region.
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As per Cognitive Market Research's latest published report, The Southeast Asia IT Managed Services Market size was $9,908.40 Million in 2016 and it is forecasted to reach $37,415.53 Million by 2030. What are the factors affecting IT Managed Services Market Growth?
Increased Digitalization in Southeast Asian Countries
The increasing use of communication infrastructures in countries of Southeast Asia and the increased facilitates and new services, products and applications has led to an increased demand for the IT managed services, across the world.
The IT-managed services, has the benefit of offering several opportunities for enhanced growth, productivity of several services and industries. The digital transformation is expected to support several industries, and helps in improving the governance, it also improves the quality and coverage of public services, and expand creation of content.
The IT managed services, also enable the small medium enterprises, to benefit from access to global markets and enable consumers to benefit from a greater diversity and choice of products and lower prices. These factors, contributes for the growth of the IT-managed services market in Southeast Asia.
Southeast Asia is one of the dynamic economic regions of the world, with an average growth of 5.1% per year from 2011 to 2015. The countries of the Association of Southeast Asian Nations (ASEAN) have identified the fostering opportunities for small and medium-sized enterprises (SMEs) as a key policy objective, and have expressed further a sense of urgency to achieve digital inclusion across the region.
Countries in SEA are at different stages of economic development, but all are experiencing rapid changes in their digital economies. The increased digitalization, has led to an increased adoption of the IT managed services, which contributes for the growth of the market.
Restrains of the Southeast Asia IT Managed Services Market
Lack of IT skilled professionals and High Costs of services.(Access Detailed Analysis in the Full Report Version)
Opportunities of the Southeast Asia IT Managed Services Market
Growth in Southeast Asia Market.(Access Detailed Analysis in the Full Report Version)
Definition of IT Managed Services
IT managed services involves management of IT solutions and outsourcing it to clients that optimizes and transform business of any organization with adoption of modern technologies. The IT manages services includes networks and servers, software and technology infrastructures, data backup systems, and overall network security and risk management. The services include Network testing and monitoring. Overseeing network security & risk mitigation, Connectivity and bandwidth, providing data storage, managing installations and upgrades, Suggesting and implementing software patches, providing web hosting, Network provisioning or virtualization, Performance monitoring and reporting, providing help desk technical support.
The IT managed services used to optimize operation reduce expenditure cost, expertise in business operations, reduced risk, accurate pricing management, high-security in the operation. Many large and medium scale enterprises use IT managed services. The modern technologies and skills of organization assists I in optimizing their business operation through security, IT maintenance services in the market that helps in increasing efficiency of business process.
There is higher demand for IT managed services in the South East Asia region due to increased adoption of cloud computing, AI, IoT adoption in the IT managed services to further bring optimization in the business process. The South East Asia Multinational organizations such as Google, Amazon, Microsoft and Equinix have preferred relocating data centers within Southeast Asia. The demand for cloud-based services, IoT big data analytics increased construction of data centers within South East Asia regions. These regions have data center relocation contains IT infrastructure, server market and uninterruptible power supplies.
This increasing adoption and presence of data center for IT manages services across globe increased its demand and boost growth of IT manages services in the market.
With the growing digitalization, organization face many challenges in growth of bus...
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This dataset is about books and is filtered where the book subjects is Economic development-East Asia-History-20th century, featuring 9 columns including author, BNB id, book, book publisher, and book subjects. The preview is ordered by publication date (descending).
In 2023, the real gross domestic product (GDP) in the Philippines grew by approximately 5.55 percent, marking the highest growth rate in Southeast Asia. In comparison, Singapore's real GDP growth rate dropped to less than 1.1 percent. Most Southeast Asian economies are projected to see an increase in their real GDP growth rates in 2025 compared to 2023, except for Laos and Myanmar. Southeast Asia, a tapestry of economic and cultural complexity Historically a critical component of global trade, Southeast Asia is a diverse region with heterogeneous economies. The region comprises 11 countries in total. While Singapore is a highly developed country economy and Brunei has a relatively high GDP per capita, the rest of the Southeast Asian countries are characterized by lower GDPs per capita and have yet to overcome the middle-income trap. Malaysia is one of these countries, having reached the middle-income level for many decades but yet to grow incomes proportionally to its economic development. Nevertheless, Southeast Asia’s young population will further drive economic growth across the region’s markets. ASEAN’s economic significance Aiming to promote economic growth, social progress, cultural development, and regional stability, all Southeast Asian countries except for Timor-Leste are part of the political and economic union Association of Southeast Asian Nations (ASEAN). Even though many concerns surround the union, ASEAN has avoided trade conflicts and is one of the largest and most dynamic trade zones globally. Factors such as the growing young population, high GDP growth, a largely positive trade balance, and exemplary regional integration hold great potential for future economic development in Southeast Asia.