In 2024, the total gross domestic product (GDP) of all ASEAN states amounted to approximately 3.95 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 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.

The statistic shows gross domestic product (GDP) per capita in the ASEAN countries from 2020 to 2024, with projections up until 2030. In 2024, GDP per capita in Singapore was almost ****** U.S. dollars: more than five times the average of all ASEAN countries, and more than 80 times larger than that of Myanmar.

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.

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 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.

In a survey conducted among Southeast Asians in 2024, ** percent of the respondents from ASEAN countries welcomed the growing economic influence of ASEAN in the region in 2024, marking a slight decrease compared to the previous year.

This dataset provides annual GDP data for all recognized countries from 2015 to 2025, sourced from the IMF. Figures for 2015–2024 are reported values, while 2025 contains projections as the year is not yet complete. For some countries (such as Afghanistan and a few others), certain years are missing due to data not being reported. The dataset is well-suited for: 1) Trend analysis – Study global GDP growth patterns over the past decade. 2) Forecasting models – Train machine learning models to predict future GDP values. 3) Country comparisons – Compare economic performance between countries or regions. 4) Time-series learning – Practice ARIMA, Prophet, LSTM, and other forecasting techniques. 5) Impact studies – Analyze the impact of global events (e.g., COVID-19) on GDP. 6) Correlation analysis – Link GDP with other indicators (population, inflation, CO₂ emissions). 7) Regional studies – Examine differences between continents or economic blocs (EU, ASEAN, G7, BRICS). 8) Inequality measurement – Compare GDP distribution across developed vs. developing economies. 9) Visualization projects – Create dashboards, heatmaps, or choropleth maps of GDP data. 10) Educational use – Use the dataset in economics, finance, or data science courses as a teaching resource.

The average for 2024 based on 8 countries was 53.98 percent. The highest value was in the Philippines: 76.15 percent and the lowest value was in Brunei: 28.5 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 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.

In a survey conducted among Southeast Asians in 2025, **** percent of the respondents from ASEAN countries were worried about the growing influence of China in the region in 2025. This marked a decrease from the previous year.

The statistic shows the national debt of countries in the ASEAN region of Asia in relation to the 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 2024, the national debt of Myanmar was estimated at around **** percent of the country's gross domestic product.

The average for 2023 based on 10 countries was 19.19 percent. The highest value was in Cambodia: 26.33 percent and the lowest value was in Laos: 9.25 percent. The indicator is available from 1960 to 2024. Below is a chart for all countries where data are available.

ASEAN Freight and Logistics Market size was valued at USD 348.40 Billion in 2024 and is projected to reach USD 572.81 Billion by 2032, growing at a CAGR of 6.40% from 2026 to 2032.

ASEAN Freight and Logistics Market Drivers

Increasing Trade Volumes and Economic Growth: The ASEAN region is a growing economic hub with increasing intra-regional and international trade, driving the demand for efficient logistics services to move goods. E-commerce Boom: The rapid expansion of e-commerce across ASEAN countries necessitates robust logistics and last-mile delivery solutions to handle the surge in online retail. Infrastructure Development: Significant investments by ASEAN economies in transportation infrastructure, including roads, railways, ports, and airports, are improving connectivity and facilitating freight movement. Rising Consumer Demand: Increasing disposable incomes and urbanization within ASEAN are leading to higher consumer spending, driving demand for a wider range of goods and the logistics services to deliver them. Government Initiatives and Policies: Many ASEAN governments are implementing policies and initiatives to improve logistics efficiency, reduce trade barriers, and promote regional connectivity. The ASEAN Single Window is an example of such an initiative.

The ASEAN office real estate market, valued at approximately $100 million in 2025, is experiencing robust growth, projected to maintain a Compound Annual Growth Rate (CAGR) exceeding 9% from 2025 to 2033. This expansion is fueled by several key factors. The region's burgeoning economies, particularly in Vietnam, Indonesia, and the Philippines, are attracting significant foreign direct investment, driving demand for modern office spaces. Technological advancements and the rise of the digital economy are also contributing to increased office space needs, particularly in tech hubs across the ASEAN nations. Furthermore, a growing middle class and a young, increasingly skilled workforce are bolstering the demand for high-quality office accommodations in major cities like Singapore, Bangkok, Ho Chi Minh City, and Jakarta. However, challenges remain. Supply chain disruptions and global economic uncertainties could impact the market's trajectory. Additionally, varying regulatory frameworks across different ASEAN countries may pose obstacles for seamless market integration and development. Despite potential challenges, the long-term outlook remains positive. Strategic investments in infrastructure development, coupled with government initiatives to enhance business environments, are expected to sustain market growth. The increasing adoption of flexible workspaces and sustainable building practices will also shape future market dynamics. Competition among established players like Savills, CBRE, Hines, and local developers is expected to intensify, leading to innovations in design, technology integration, and tenant service offerings. This competitive landscape, along with the underlying economic strength of the region, promises continued expansion for the ASEAN office real estate market in the coming years. While precise regional breakdowns are unavailable, Singapore and Thailand are likely to dominate in terms of market share given their established economies and mature real estate markets. Vietnam, Indonesia, and the Philippines represent high-growth areas with significant potential. Recent developments include: October 2023: The Instant Group (a leading global platform for flexible workspaces) secured a three-year managed office agreement with Arvato Systems Malaysia. The existing office space of Arvato Systems Malaysia in Kuala Lumpur, a pivotal development center for the Arvato Systems Group, is expected to undergo renovation and expansion. Expected to be finished in 2024, the total office space of Arvato Systems Malaysia will be 26,720 sq. ft, with 15,963 sq. ft undergoing refurbishment and an additional 10,757 sq. ft being custom-fit for the company's needs.January 2023: TAM Group, a GSSA (general sales and service agent) based in Hong Kong, expanded its presence in Southeast Asia by opening three new offices. Responding to the increased demand in the region, TAM Group partnered with Thailand’s GP Group and Vietnam’s TP Cargo Transport Services to establish offices in key strategic areas, including Bangkok, Ho Chi Minh City, and Hanoi.. Key drivers for this market are: 4., Increasing Demand for Co-Working Spaces. Potential restraints include: 4., Increasing Demand for Co-Working Spaces. Notable trends are: Demand for Co-Working Spaces is Driving the Market.

In 2024, the total population of all ASEAN states amounted to an estimated 686.1 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.

Thailand (FDI) Foreign Direct Investment: Number of App Submitted: ASEAN: Digital data was reported at 25.000 Unit in Dec 2024. This records an increase from the previous number of 15.000 Unit for Sep 2024. Thailand (FDI) Foreign Direct Investment: Number of App Submitted: ASEAN: Digital data is updated quarterly, averaging 10.000 Unit from Mar 2023 (Median) to Dec 2024, with 8 observations. The data reached an all-time high of 25.000 Unit in Dec 2024 and a record low of 3.000 Unit in Mar 2024. Thailand (FDI) Foreign Direct Investment: Number of App Submitted: ASEAN: Digital data remains active status in CEIC and is reported by Board of Investment. The data is categorized under Global Database’s Thailand – Table TH.O031: Foreign Direct Investment: Board of Investment: ytd: Application Submitted: By Country and Industry.

ASEAN Car Rental Market size was valued at USD 2.71 Billion in 2024 and is projected to reach USD 5.21 Billion by 2032, growing at a CAGR of 8.5% from 2025 to 2032.

The ASEAN car rental market is driven by rising tourism, increasing business travel, and growing urbanization, leading to higher demand for flexible and cost-effective transportation solutions. The expansion of ride-hailing services and digital platforms enhances accessibility, while economic growth and rising disposable incomes support market expansion. Additionally, corporate leasing and long-term rentals are gaining traction, fueled by cost-efficiency and fleet management benefits. Government initiatives promoting smart mobility, improved road infrastructure, and the adoption of electric rental vehicles further propel market growth. The shift toward contactless bookings and digital payments also enhances customer convenience, driving market adoption.

The South-East Asia consulting services market, valued at $10.51 billion in 2025, is projected to experience robust growth, driven by increasing government investments in infrastructure development, the burgeoning digital economy, and a rising need for strategic guidance across various sectors. The market's Compound Annual Growth Rate (CAGR) of 7.10% from 2025 to 2033 indicates a significant expansion, reaching an estimated value exceeding $18 billion by 2033. Key growth drivers include the expanding middle class fueling consumer demand, the rise of multinational corporations seeking regional expertise, and the increasing adoption of advanced technologies like AI and big data analytics across industries. While regulatory complexities and economic fluctuations present some challenges, the overall market outlook remains positive, particularly within segments like IT and digital consulting, and the financial services and life sciences end-user industries. Strong demand for HR consulting services, driven by talent acquisition and retention challenges, further contributes to market growth. Leading players like Deloitte, Accenture, PwC, and EY maintain significant market share, while local and regional firms are also capturing opportunities by offering specialized services and localized expertise. The competitive landscape is dynamic, marked by mergers, acquisitions, and strategic partnerships to enhance service offerings and geographical reach. Growth is expected to be strongest in countries like Indonesia, Vietnam, and the Philippines, fueled by rapid economic expansion and supportive government policies. The diverse segments within the South-East Asia consulting services market offer significant growth potential. The IT and digital consulting segment, fueled by digital transformation initiatives, is expected to maintain the highest growth rate. Financial services, life sciences, and healthcare industries will continue to be major contributors due to their increasing reliance on expert advice for regulatory compliance, operational efficiency, and strategic planning. The government sector's involvement in large-scale infrastructure projects and economic reforms will significantly impact the demand for strategy and operations consulting services. While regional disparities exist, strong economic fundamentals and increasing foreign investment in most Southeast Asian nations will ensure sustained growth across all segments. Continuous innovation, expanding service portfolios, and strategic alliances will be critical for success within this competitive and rapidly evolving market. Recent developments include: April 2024: VitaDairy Vietnam JSC partnered with KPMG Vietnam, using the expertise of SAP Vietnam's software firm in Hanoi. This collaboration aims to drive VitaDairy's digital transformation, optimize its corporate resources, and increase business efficiency in alignment with its strategic vision and development goals. The adoption of the digitalization strategy in the end-user segments supports the demand for IT consulting in the country, which would help the overall consulting services market., February 2024: LiT Strategy, a Singapore-based consulting firm, announced its expansion plan in the country and abroad, i.e., in Thailand and Vietnam, to serve and meet the growing demand for grant consulting services. The firm increased its workforce and initiated its expansion project in these two countries to cater to the need for business advisory services. This expansion suggests that businesses in these countries are increasingly seeking consulting services to navigate business growth.. Key drivers for this market are: The Rise in Small and Medium Size Enterprises and the Growing Rise in Emerging Technologies, Adoption of BI and Advanced Data Management Strategies Across Multiple End Users. Potential restraints include: The Rise in Small and Medium Size Enterprises and the Growing Rise in Emerging Technologies, Adoption of BI and Advanced Data Management Strategies Across Multiple End Users. Notable trends are: Strategy and Operations Segment to Witness Major Growth.