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 2023 based on 11 countries was 11998.61 U.S. dollars. The highest value was in Singapore: 65422.46 U.S. dollars and the lowest value was in Burma (Myanmar): 1168.69 U.S. dollars. The indicator is available from 1960 to 2023. Below is a chart for all countries where data are available.

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 9 countries was 67.69 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.

Gross domestic product (GDP) of emerging and developing countries in Asia is expected to reach over 38.57 trillion U.S. dollars by 2030. This would be almost double the GDP from a decade earlier, which was about 21.06 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.

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.

In 2023, the travel and tourism industry contributed approximately 314 billion U.S. dollars to the GDP in Southeast Asia. Comparatively, this value was about 379.9 billion U.S. dollars in 2019. GDP contributions from this industry in Southeast Asia saw consistent increases throughout the past decade until they halved in 2020 due to the global pandemic. Tourism in Southeast Asia is recovering The number of tourists in Southeast Asia increased significantly in the last decade. While the COVID-19 pandemic affected the tourism sector heavily, the Southeast Asian region is recovering the fastest by international tourist arrivals to the Asia-Pacific region. Southeast Asia was also the Asian subregion with a high year-on-year change in the monthly number of international tourist arrivals, especially from January to March. Importance of the tourism industry in Southeast Asia As tourism in Southeast Asia contributes highly to the GDP, many countries are dependent on tourism to stimulate their newly emerging economies. In addition to the monetary value, the tourism industry contributes significantly to employment in Southeast Asian countries. Indonesia falls into the top five leading countries with the highest total contribution of travel and tourism to employment worldwide. To maintain and even encourage the growth of the tourism sector, both regarding domestic and international tourists, many Southeast Asian countries are initiating programs such as easier visa attainment and the establishment of low-cost airlines to stimulate the tourism industry.  

Graph and download economic data for Gross Domestic Product for Developing Countries in East Asia and Pacific (NYGDPMKTPCDEAP) from 1960 to 2024 about East Asia, Pacific, and GDP.

The average for 2023 based on 11 countries was 0.64 percent. The highest value was in India: 3.41 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.

In 2024, China's gross domestic product amounted to approximately ***** trillion U.S. dollars, which was the highest GDP across the Asia-Pacific region. Japan followed with a GDP of around **** trillion dollars.  China, Asia-Pacific's titan The significance of the Asia-Pacific region to the world is multifaceted, ranging from geopolitical importance to being home to more than half of the world's population. Characterized by emerging countries and dynamic economic activities, the region plays a key role in the global economy. China, the most populous country after India, and the second largest economy on the planet, accounted for about half of the total gross domestic product (GDP) in APAC as of 2023. The GDP growth in China was characterized by high rates for decades. Following the COVID-19 pandemic, the country has struggled to catch up with the previous level of growth rates and was forecast to stay at more modest real GDP growth rates in the coming years.  A new paradigm of development in the Asia-Pacific region Even though the Asia-Pacific region has made significant economic improvements in the last decades, from a developmental perspective, tackling existing socio-economic issues will be critical for future growth. An aspect worth mentioning is the GDP per capita in the region. EU countries, for example, had about ***** times as much GDP per capita compared to East Asia and the Pacific region in 2022. China has been working towards changing its economic focus to high-tech and service sectors while reducing its concentration on agriculture.

The average for 2022 based on 9 countries was 1.84 percent. The highest value was in Burma (Myanmar): 3.05 percent and the lowest value was in Indonesia: 0.7 percent. The indicator is available from 1960 to 2022. Below is a chart for all countries where data are available.

In 2023, South Asia recorded the highest real gross domestic product (GDP) growth rate in the Asia-Pacific region at seven percent, at least 2.7 percentage points higher than other subregions. East Asia reported a real GDP growth rate of about 4.3 percent, while Southeast Asia's real GDP growth rate was around 4.1 percent that year. In 2025, South Asia was forecasted to remain the subregion with the highest real GDP growth rate at six percent, while Southeast Asia was projected to rank second at around 4.7 percent.

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.

The average for 2023 based on 11 countries was 669.25 billion U.S. dollars. The highest value was in India: 3567.55 billion U.S. dollars and the lowest value was in Brunei: 15.13 billion U.S. dollars. The indicator is available from 1960 to 2023. Below is a chart for all countries where data are available.

This dataset provides values for HOUSEHOLDS DEBT TO GDP 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 GOVERNMENT DEBT TO GDP 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 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.

Ecomomic and Social Statistics of World War II in Southeast Asia

This project draws on archival material and uses economic theory and an historical, strongly comparative, approach to analyse the consequences of the Second World War Japanese occupation for the economies and welfare of the peoples of Southeast Asia. The region's six countries of Burma, Malaya (including Singapore), Thailand (Siam), Indochina (Vietnam, Cambodia and Laos) and the Philippines had markedly contrasting wartime experiences.

One main aim of the project is to quantify wherever possible the differing impacts of Japan's occupation. Second, the project aims to link the pre- and post-1945 economic histories of Southeast Asia and contribute to an understanding of each in light of the events of the Second World War. Specific topics for investigation include the impact on Southeast Asia of Japanese command and planned economic systems, the effectiveness of these policies in achieving resource extraction, trends in Southeast Asian production and GDP, and inflation and hyperinflation resulting from Japan's methods of financing war in Southeast Asia. The project examines for each Southeast Asian country the social costs of wartime economic collapse and traces a chronology of mass death from famine and forced labour in many parts of Southeast Asia. An important contribution of the project is to direct attention towards the populations of non-combatant countries which, although not militarily involved in war, were profoundly affected by it.

The average for 2023 based on 11 countries was 11.22 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 2023. Below is a chart for all countries where data are available.