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What will the ASEAN economy look like in 2023?
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What is the economic outlook for Southeast Asia in 2023?
Jan 3, 2023 · Credit Suisse analysts expect the growth of the ASEAN-six economies – Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam – to moderate to 4.4 percent in 2023 from a projected 5.6 percent in 2022. These figures put regional economic growth some way above the global average.
Aug 22, 2023 · According to the Asian Development Bank, South-East Asia's GDP growth for July 2023 was projected at a robust 4.6%, compared to the slower rates of 1.1% for the United States, 0.5% for the Euro area, and 0.6% for Japan.
Strong government spending, electronics demand and tourism activity will boost ASEAN’s economy this year. Our Consensus is for growth to be above 2023 levels and the prior 10-year average. However, muted Chinese activity and high interest rates will cap momentum.
Book Title : ASEAN Statistical Highlights 2023. Introduction : The ASEAN Statistical Highlights (previously ASEAN Statistical Leaflet) provides quantitative information on Economy and Trade, Socio-Demography, Investment and Connectivity with comprehensive tables and various infographics.
Sep 3, 2024 · In the second quarter 2024, the economies of Southeast Asia remained steadfastly resilient and broadly delivered credible economic growth, backed by an improvement in domestic and global demand.
Apr 19, 2023 · Growth in the ASEAN region is likely to remain firm at 4.9 percent in 2023 as resilient domestic demand will be partially offset by weaker global demand. In 2024, growth for ASEAN+3 is forecast to be sustained at 4.5 percent.
Introduction : ASEAN Key Figures 2023 highlights recent developments across diverse topics through a selection of key statistics related to people and welfare; economy; connectivity; and energy and environment.
