In 2023, the estimated total GDP of all ASEAN states amounted to approximately 3.8 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 2024, the real gross domestic product (GDP) in Vietnam grew by approximately **** percent, marking the highest growth rate in Southeast Asia. In comparison, Myanmar's real GDP growth rate dropped by **** percent. 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 ** 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.

This dataset provides values for GDP ANNUAL GROWTH RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

The average for 2024 based on 10 countries was 32772 U.S. dollars. The highest value was in Singapore: 132570 U.S. dollars and the lowest value was in Burma (Myanmar): 5276 U.S. dollars. The indicator is available from 1990 to 2024. Below is a chart for all countries where data are available.

The statistic shows gross domestic product (GDP) per capita in the ASEAN countries from 2020 to 2023, with projections up until 2030. In 2025, GDP per capita in Singapore was projected to be almost ****** U.S. dollars: more than 10 times the total of most other ASEAN countries, and almost 80 times larger than that of Myanmar.

The average for 2024 based on 10 countries was 2.42 percent. The highest value was in Brunei: 5.14 percent and the lowest value was in Cambodia: 0.27 percent. The indicator is available from 1991 to 2024. Below is a chart for all countries where data are available.

This dataset provides values for GDP PER CAPITA reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Southeast Asia (SEA)'s internet economy is poised for significant growth, with Indonesia leading the charge. In 2024, Indonesia's internet economy was estimated to reach ** billion U.S. dollars in gross merchandise value (GMV), far surpassing other countries in the region. Singapore, despite its smaller size, generated GMV of approximately ** billion U.S. dollars. E-commerce: the largest segment of SEA’s internet economy Key segments of SEA’s internet economy include e-commerce, online travel, online ride-hailing and food delivery, and online media. Among these, e-commerce is the largest segment, with its GMV estimated to reach nearly *** billion USD in 2024. According to an online survey, more than **** of respondents in Southeast Asia preferred online shopping compared to ** percent favoring in-store shopping. Online marketplaces such as Shopee, Lazada, and Tokopedia are the most popular in the region. As of 2023, Shopee was SEA’s leading e-commerce platform by GMV. E-commerce market size by country Indonesia, the most populous country in SEA, evidently has the largest e-commerce market in the region. In 2024, its e-commerce GMV amounted to approximately ** billion U.S. dollars and is forecasted to reach *** billion U.S. dollars 2030, driven by a rapidly expanding e-commerce user base in Indonesia. Meanwhile, Thailand, Vietnam, the Philippines have relatively comparable e-commerce market sizes, with Malaysia’s and Singapore’s being smaller in comparison. These Southeast Asian e-commerce markets are expected to continue growing in the next few years; however, Indonesia, Thailand, Vietnam, and the Philippines are projected to grow at a much faster pace compared to Malaysia and Singapore.

The average for 2022 based on 9 countries was 63.97 percent. The highest value was in Singapore: 158.25 percent and the lowest value was in Brunei: 2.06 percent. The indicator is available from 1960 to 2024. Below is a chart for all countries where data are available.

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.

In 2023, the total population of all ASEAN states amounted to an estimated 619.02 million inhabitants. The ASEAN (Association of Southeast Asian Nations) member countries are Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Vietnam. ASEAN opportunity The Association of Southeast Asian Nations was founded by five states (Thailand, Indonesia, the Philippines, Malaysia, and Singapore) in 1967 to improve economic and political stability and social progress among the member states. It was originally modelled after the European Union. Nowadays, after accepting more members, their agenda also includes an improvement of cultural and environmental conditions. ASEAN is now an important player on the global stage with numerous alliances and business partners, as well as more contenders wanting to join. The major player in the SouthIndonesia is not only a founding member of ASEAN, it is also its biggest contributor in terms of gross domestic product and is also one of the member states with a positive trade balance. In addition, it has the highest number of inhabitants by far. About a third of all people in the ASEAN live in Indonesia – and it is also one of the most populous countries worldwide. Among the ASEAN members, it is certainly the most powerful one, not just in numbers, but mostly due to its stable and thriving economy.

This dataset provides values for GDP PER CAPITA PPP reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

The statistic shows the national debt of countries in the ASEAN region of Asia in relation to gross domestic product (GDP) from 2020 to 2030. The ASEAN (Association of Southeast Asian Nations) countries are Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam. In 2021, the national debt of Myanmar amounted to ***** percent of the country's gross domestic product.

This dataset provides values for GROSS NATIONAL PRODUCT reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Inflation rates in the Association of Southeast Asian Nations (ASEAN) ranged from ** percent inflation in Myanmar to **** percent inflation in Thailand in 2025. Only a few countries are in the 2 to 6 percent range that many economists view as optimal for emerging economies. Effects of high inflation High inflation is generally detrimental to the economy. Prices tend to rise faster than wages, meaning that people and firms have less purchasing power. This in turn leads to slower growth in the gross domestic product (GDP). It also leads to a weaker currency. For countries with a positive trade balance this can be beneficial, because exports are relatively cheaper to foreign buyers. Through the same mechanism, net importers suffer from a weaker currency. Additionally, inflation makes a country’s national debt less expensive if the debt is denominated in the local currency. However, most of this debt is in U.S. dollars, so inflation makes the debt more difficult to service and repay. Risks of deflation With deflation, consumers and firms delay investments because they expect prices to be lower in the future. This slows consumption and investment, two major components of GDP growth. The most common example of this is Japan, where the GDP growth rate has been low for a long time due, in large part, to deflation. For this reason, countries like Brunei would rather see low and stable inflation than slight deflation.

In 2024, Niger's real GDP is estimated to grow by 10.4 percent compared to the previous year. During 2023, the GDP is estimated to have increased by only 1.4 percent, nevertheless a positive trend. The country's real GDP is forecast to continue growing but at a slower pace. Between 2025 and 2029, it is expected to grow annually by roughly six percent. Furthermore, the GDPs of Senegal, Libya, and Rwanda might increase by around 8.3 percent, 7.8 percent, and 6.9 percent during 2024, respectively. Niger: A dependence on agriculture A large portion of Niger's economy comes from agriculture. In 2022, agriculture accounted for almost 40 percent of the GDP. Niger is not the only country in Africa where agriculture plays a crucial role. For example, agriculture made up nearly 60 percent of Sierra Leone’s GDP in 2022. Such dependence could mean that any disruptions in the agricultural products market could have significant effects on the country's GDP. Sub-Saharan Africa's economy will be among the fastest-growing regions worldwide Three African countries have significantly larger economies, namely, Nigeria, South Africa, and Egypt. As of 2022, these countries' GDP stood at nearly 477.4 billion, 475.2 billion, and 405.7 billion U.S. dollars. Furthermore, it is anticipated that Sub-Saharan Africa's GDP growth in 2026 will rank as the second-fastest growing economic region in the world after the ASEAN-5 countries, with a growth rate of approximately four percent. In contrast, economic areas such as the European Union are forecast to grow at only about 1.5 percent in the same year.

This dataset provides values for INFLATION RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

In 2024, Vietnam’s gross domestic product (GDP) amounted to around 459.47 billion U.S. dollars, and is expected to increase to 490.97 billion U.S. dollars by 2025. Gross domestic product denotes the aggregate value of all services and goods produced within a country in any given year, and it is an important indicator of a country’s economic power. Vietnam’s economy Vietnam’s economy has a strong agrarian base, with key agricultural exports of wet rice, coffee, and black pepper. However, in the past decade (2008 to 2018), agriculture's contribution to Vietnam's GDP has been decreasing while the country’s industry sector experienced rapid growth at the same time. As of 2018, Vietnam’s top exports include information technology hardware, such as broadcasting equipment and mobile devices. Vietnam’s regional comparison Vietnam is part of the Association of Southeast Asian Nations (ASEAN), which encompasses regional nations with the goal of fostering trade and economic growth. The region has been reporting increasing GDP, amounting to 2.9 trillion U.S. dollars in 2018. Vietnam is one of the ASEAN countries experiencing export trade growth, and has had consistent yearly growth in GDP, at a rate of around six percent.

In 2023, Singapore received foreign direct investment (FDI) of nearly *** billion U.S. dollars. In contrast, Brunei recorded negative FDI values of around ** million U.S. dollars that year. FDI inflows to ASEAN countries amounted to almost *** 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 ** 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.

This dataset provides values for POPULATION reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.