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 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 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.

In a survey conducted in ten Southeast Asian countries in 2024, the biggest concern respondents from several countries held about ASEAN (Association of Southeast Asian Nations) for 2025 was the perceived inability of ASEAN to cope with fluid political and economic developments. This answer was particularly popular in Indonesia, as it was chosen by over **** percent of the country's survey participants. Another common concern held across many countries was ASEAN becoming an arena of major power competition.

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.

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 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.

Thailand (FDI) Foreign Direct Investment: Inflow: Real Estate Activities: ASEAN: Philippines data was reported at 44.310 THB mn in Jun 2024. This records an increase from the previous number of 23.420 THB mn for Mar 2024. Thailand (FDI) Foreign Direct Investment: Inflow: Real Estate Activities: ASEAN: Philippines data is updated quarterly, averaging 10.350 THB mn from Mar 2005 (Median) to Jun 2024, with 78 observations. The data reached an all-time high of 154.560 THB mn in Sep 2022 and a record low of 0.000 THB mn in Sep 2014. Thailand (FDI) Foreign Direct Investment: Inflow: Real Estate Activities: ASEAN: Philippines data remains active status in CEIC and is reported by Bank of Thailand. The data is categorized under Global Database’s Thailand – Table TH.O012: Foreign Direct Investment: Baht: (Quarterly) (BPM6): Inflow: Classified by Business Sector.

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.

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 vehicle industry, a dynamic and rapidly growing market, is poised for significant expansion over the next decade. Driven by increasing urbanization, rising disposable incomes, and supportive government policies promoting infrastructure development, the industry's Compound Annual Growth Rate (CAGR) of 6.97% (mirroring the global average) suggests robust future performance. The market segmentation, dominated by light commercial vehicles (LCVs) reflecting the region's strong demand for transportation and logistics, is expected to see a shift towards medium- and heavy-duty commercial vehicles (M&HCVs) as infrastructure projects and industrial activity accelerate. Key players like Hino Motors, Isuzu, and Tata Motors are well-positioned to capitalize on this growth, leveraging their established presence and adapting to evolving consumer preferences towards fuel efficiency and technological advancements. However, challenges remain, including supply chain disruptions, fluctuating raw material prices, and the need to address environmental concerns through increased adoption of electric and hybrid vehicles. Growth within specific ASEAN nations will vary significantly depending on individual economic performance and government regulations. The market will likely see increased competition as international and domestic manufacturers vie for market share. Further analysis suggests that while the overall market size in 2025 is estimated at $55.74 billion, the ASEAN region's share within this global figure should be considered. Given that ASEAN comprises a significant portion of the Asia Pacific market, a reasonable estimate of ASEAN's 2025 market size could be in the range of $15-20 billion, depending on the specific penetration of major players and regional economic growth patterns. This segment's forecast for 2033, considering the 6.97% CAGR, would place its market valuation between $25 and $35 billion. This projection hinges on sustained economic growth across the ASEAN nations, continued investment in infrastructure, and effective management of potential challenges like geopolitical instability and economic downturns. The focus on sustainable transportation solutions will also play a critical role in shaping future market dynamics. This report provides a detailed analysis of the ASEAN vehicle industry, encompassing the historical period (2019-2024), the base year (2025), and a forecast period extending to 2033. It delves into market trends, key players, emerging technologies, and challenges impacting the growth of light commercial vehicles (LCVs), medium- and heavy-duty commercial vehicles (M&HCVs), and the overall automotive sector within the dynamic ASEAN region. This comprehensive study is crucial for businesses seeking to understand market dynamics and plan for future growth within the rapidly evolving ASEAN automotive landscape. Recent developments include: Oct 2022- Energy Absolute PCL revealed that the development of its 100% electric passenger car MINE SPA1 under MINE Mobility was still one of EA's major business plans. The current focus of EA would be on commercial vehicles first, while the MINE SPA1 electric car project would be continued. EA also revealed that it plans to launch a 1-ton electric pickup truck under the brand MINE in Q4/2022., Sep 2022- PT Indika Energy Tbk., through its subsidiary PT Mitra Motor Group (MMG), strengthened its net-zero emissions commitment to the EV sector by establishing Foxteq Singapore Pte. Ltd, a joint venture company with Hon Hai Technology Group (Foxconn) affiliate. PT Foxconn Indika Motor (FIM), the joint venture, will manufacture commercial electric vehicles and electric batteries., Jun 2022- MAN Truck & Bus (M) Sdn Bhd (MAN Malaysia), the country's first truck manufacturer to offer Euro V engines as standard across its entire product portfolio, delivered its first batch of new MAN Truck Generation vehicles to six transport companies.. Key drivers for this market are: Technological Advancements In Vehicles Driving Demand, Others. Potential restraints include: High Scan Tool Costs to Limit Growth, Others. Notable trends are: The Light Commercial Vehicle Segment Dominates the Market.

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.

■Objectives and Overview Strengthening ties with the countries of the Global South is critical to Japan's economic growth, economic security and shaping the international order. By deepening cooperation with the countries of the Global South, Japan can take in the markets of the Global South, which are expected to grow rapidly, and promote mutual economic growth. In addition, Japan can enhance its economic security by diversifying its supply chain and diversifying its supply risk by procuring important goods from countries in the Global South. It can also be expected to maintain and strengthen the rules-based fair international order by working with countries of the Global South to address international issues. On the other hand, in the countries of the Global South, there are issues such as delays in infrastructure development, difficulty in securing human resources, and political instability, and it cannot be said that Japanese companies have advanced sufficiently, leaving room for expansion. For the future growth of the countries of the Global South, it is important for both partner countries and Japan to identify social issues according to the stage of development of each country and region and provide solutions that utilize the technologies and know-how of Japanese companies. Against this background, the AMEICC Secretariat, in cooperation with the Government of Japan, implemented the "Global South Future-Oriented Co-creation Project (Large-Scale Demonstration ASEAN Member Countries)" in areas such as GX (Green Transformation), Digital Transformation (Digital Transformation), and healthcare, utilizing the FY 2023 supplementary budget of budget for grants. The objectives of the project were to return knowledge gained by solving social issues to the growth of Japanese companies, promote the overseas deployment of Japan's advanced technologies, and strengthen supply chains. It has been decided to continue the project to resolve issues in the Global South, including the ASEAN region, through the FY 2024 Supplementary budget for grants. Through these efforts, we aim to ensure Japan's economic security (e.g., supply chain resilience), revitalize domestic industries through the creation of domestic innovation (GX/Digital Transformation), and strengthen economic partnerships with the ASEAN region.

■ Subsidy Amount Over 500 million JPY, Up to 4 billion JPY

■ Eligibility Japanese companies conducting demonstration projects in ASEAN member countries are eligible. Please see the "Public Offering Guidelines" for Others requirements. (1) Demonstration Project Demonstration Project refers to the verification of the effectiveness and economic efficiency of technologies, systems and systems that are at the stage of practical application in ASEAN member countries (demonstration with the aim of scaling up for commercialization). This project does not support research and development or equipment acquisition. (2) Subject Area must be met Your deal must be in one of the following areas: (1) GX Sector: Projects to reduce GHG emissions by switching from fossil fuels to clean energy use (2) Digital Transformation Sector: Projects to transform business models using digital technology (3) Economic Security Sector: Projects related to "Specific Important Goods," which are goods designated in Article 1 of the Enforcement Order of the Act on Promotion of Security by Integrally Taking Economic Measures, pursuant to Article 7 of the Enforcement Order of the Act on Promotion of Security by Integrally Taking Economic Measures, as indicated in "Items Subject to Specific Important Goods" in 2 Attached Table of the Public Offering Guidelines. (3) Projects that fall under the target business types. Among the following 3 business types that are eligible for subsidies:, Either must be true. You can also apply for more than one type of business. If you apply to more than one category, please choose the category you think best and submit it. If you explain in the application that you fall under more than one category, you may receive additional points depending on the content. Typology 1: Co-creation type leading to innovation creation in our country Typology 2: Overseas expansion of Japan's advanced technology Typology 3: Supply chain resilience type

■ Contact: FY 2024 Adjusted Global South Future-Oriented Co-creation Project (Large Demonstration ASEAN Member Countries) Project Support Office E-mail: gs_asean_info@tohmatsu.co.jp * If you have any inquiries about this project, please contact us no later than Thursday, July 10, 2025.

Thailand Exp: USD: ASEAN 5: AP: APD: Rice: Jasmine Rice: 15-20% data was reported at 0.000 USD mn in Jul 2024. This records a decrease from the previous number of 0.022 USD mn for Jun 2024. Thailand Exp: USD: ASEAN 5: AP: APD: Rice: Jasmine Rice: 15-20% data is updated monthly, averaging 0.067 USD mn from Jun 2002 (Median) to Jul 2024, with 133 observations. The data reached an all-time high of 1.813 USD mn in Jun 2011 and a record low of 0.000 USD mn in Jul 2024. Thailand Exp: USD: ASEAN 5: AP: APD: Rice: Jasmine Rice: 15-20% data remains active status in CEIC and is reported by Ministry of Commerce. The data is categorized under Global Database’s Thailand – Table TH.JA006: Trade Statistics: Export: USD: EU(15), ASEAN(9), ASEAN5 and EU(27).

The Gross Domestic Product (GDP) in Malaysia expanded 4.50 percent in the second quarter of 2025 over the same quarter of the previous year. This dataset provides - Malaysia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

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 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.