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.

The average for 2025 based on 11 countries was 3.67 percent. The highest value was in India: 6.2 percent and the lowest value was in Thailand: 1.8 percent. The indicator is available from 1980 to 2030. Below is a chart for all countries where data are available.

In 2019, all ASEAN 6 nations had a total gross domestic product growth that amounted to approximately **** percent. This was a decrease from 2010, in which the combined GDP of ASEAN 6 nations grew by approximately *** percent.

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 2019, all ASEAN nations had a total gross domestic product growth of approximately *** percent. This was a decrease compared to 2010, in which the GDP of the ASEAN region grew by *** percent.

This research journal is intended to find out how the influence of Government Performance and Institutional Quality has an effect on Economic Growth in the ASEAN Region. With the government's performance and the quality of institutions, it is expected to encourage economic growth in ASEAN countries. The indicators to measure governance are governance indicators issued by the World Bank including Control Corruption, Political Stability and Absence of Violence/Terrorism, Rule of Law, Government Effectiveness, and Regulatory Quality. This study uses panel data regression with the selected model is fixed effect.

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 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.

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 average for 2023 based on 10 countries was 0.36 percent. The highest value was in Indonesia: 1.3 percent and the lowest value was in Brunei: 0.01 percent. The indicator is available from 1980 to 2023. Below is a chart for all countries where data are available.

The average for 2023 based on 11 countries was 14312.02 U.S. dollars. The highest value was in Singapore: 84734.26 U.S. dollars and the lowest value was in Burma (Myanmar): 1233.2 U.S. dollars. The indicator is available from 1960 to 2023. Below is a chart for all countries where data are available.

In 2020, Brunei was the only ASEAN member state where the industry sector contributed the biggest share to the national GDP. In Singapore, the services sector contributed over ** percent to the national GDP that year, the biggest share among ASEAN countries.

In 2019, all ASEAN nations had a total gross domestic product which amounted to approximately **** trillion U.S. dollars. This was a significant increase from 2010, in which the gross domestic product of the ASEAN region amounted to just over *** trillion U.S. dollars.

In 2019, all ASEAN 6 nations had a total gross domestic product per capita amounting to approximately **** thousand U.S. dollars. This was an increase from 2010, in which the GDP per capita of the ASEAN 6 nations amounted to approximately **** thousand U.S. dollars.

The average for 2024 based on 11 countries was 12411.69 U.S. dollars. The highest value was in Singapore: 67706.84 U.S. dollars and the lowest value was in Burma (Myanmar): 1158.48 U.S. dollars. The indicator is available from 1960 to 2024. Below is a chart for all countries where data are available.

The average for 2023 based on 9 countries was 68.39 percent. The highest value was in Singapore: 181.56 percent and the lowest value was in India: 21.45 percent. The indicator is available from 1960 to 2024. Below is a chart for all countries where data are available.

The average for 2023 based on 10 countries was 10.73 percent. The highest value was in Burma (Myanmar): 22.72 percent and the lowest value was in Singapore: 0.03 percent. The indicator is available from 1960 to 2024. Below is a chart for all countries where data are available.

The Association of Southeast Asian Nations (ASEAN) is emerging as a powerful trading block in the world. 2015 is an important milestone for the ASEAN with the establishment of the ASEAN Community on the 31st of December 2015. The three pillars of the ASEAN Community are: (1) ASEAN Political Security Community (APSC); (2) ASEAN Economic Community (AEC); and (3) ASEAN Socio-Cultural Community (ASCC). Among those three pillars, economic zones play an important role in the AEC, which stated goals, are to foster an “integrated and highly cohesive economy, a competitive, innovative and dynamic ASEAN, a resilient, inclusive, people-oriented, people-centered ASEAN, enhanced sectoral integration and cooperation, and a global ASEAN.” Economic zones, namely Industrial Park (IP), Special Economic Zone (SEZ), EcoIndustrial Park (EIP), Technology Park (TP), and Innovation District (ID), are promoted by national, regional, and local governments to spur economic growth and competitiveness. The stage of development of a specific region will however, determines the most appropriate economic zone and competitive strategy. Indeed, countries or regions that have a low stage of competitive development will adopt a technological catch-up strategy by attracting as much Foreign Direct Investments (FDIs) as possible whereas countries or regions that have achieved a higher stage of economic development will focus to attract innovative and knowledge-intensive activities. The countries of the ASEAN have achieved different level of competitive development. The members have thus adopted different economic zones’ strategies to strengthen their competitiveness. Viet Nam has widely relied on industrial parks to attract FDIs. Singapore has designed one-north Singapore, the first innovation district in the ASEAN. It is estimated in this paper that there are more than 1,000 economic zones in the ASEAN (893 industrial parks, 84 special economic zones, 2 eco-industrial parks, 25 technology parks, and 1 innovation district). The study paper gives three recommendations to policymakers and public organizations: (1) to retrofit existing industrial parks and special economic zones into eco-industrial parks and eco-special economic zones; (2) to move-up the value chain by creating innovation districts in large cities; and (3) to create a not-for-profit organization within the ASEAN - the ASEAN’s Economic Zones Authority (AEZA) - to monitor economic zones in the ASEAN. UNIDO Country Office in Viet Nam 11 2. Competitiveness and Economic Z

KEY ECONOMIC DATA OF ASEAN MEMBER COUNTRIES