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 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 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 GROWTH RATE 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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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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The Gross Domestic Product (GDP) in Thailand expanded 3.20 percent in the fourth quarter of 2024 over the same quarter of the previous year. This dataset provides - Thailand GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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The average for 2023 based on 8 countries was 66.02 percent. The highest value was in Singapore: 174.3 percent and the lowest value was in Indonesia: 21.75 percent. The indicator is available from 1960 to 2023. Below is a chart for all countries where data are available.
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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 CURRENT ACCOUNT TO 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.
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The Gross Domestic Product (GDP) in Vietnam expanded 7.55 percent in the fourth quarter of 2024 over the same quarter of the previous year. This dataset provides the latest reported value for - Vietnam GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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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.
In 2019, all ASEAN 6 nations had a total gross domestic product per capita amounting to approximately 5.78 thousand U.S. dollars. This was an increase from 2010, in which the GDP per capita of the ASEAN 6 nations amounted to approximately 4.06 thousand U.S. dollars.
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The Gross Domestic Product (GDP) in Vietnam was worth 429.72 billion US dollars in 2023, according to official data from the World Bank. The GDP value of Vietnam represents 0.41 percent of the world economy. This dataset provides the latest reported value for - Vietnam GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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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This dataset is about countries in Southern Asia, featuring 3 columns: country, GDP, and tax revenue. The preview is ordered by population (descending).
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.
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Hong Kong GDP: ES: ASEAN data was reported at 66,365.000 HKD mn in 2016. This records a decrease from the previous number of 67,163.000 HKD mn for 2015. Hong Kong GDP: ES: ASEAN data is updated yearly, averaging 58,479.500 HKD mn from Dec 2009 (Median) to 2016, with 8 observations. The data reached an all-time high of 67,163.000 HKD mn in 2015 and a record low of 38,839.000 HKD mn in 2009. Hong Kong GDP: ES: ASEAN data remains active status in CEIC and is reported by Census and Statistics Department. The data is categorized under Global Database’s Hong Kong SAR – Table HK.A172: SNA 2008: GDP: Trade in Services: MSITS 2010: Current Price: by Major Service Component and Region (Annual).
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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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.
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.