RE: Part of ASEAN 623 Jan 2026 16:29
The ASEAN-6 economies (Indonesia, Thailand, Singapore, Malaysia, Philippines, and Vietnam) are projected to grow to approximately US$5.6 trillion to US$5.8 trillion by 2030, driven by robust domestic demand, manufacturing, and digital economy expansion. This growth is expected to make the bloc the world's fourth-largest economy by the end of this decade.
Key 2030 GDP Projections for ASEAN-6 & Regional Trends
Total GDP (2030): Projected to reach ~US$5.6-5.8 trillion, up from US$3.8-4.2 trillion in 2024/2025.
Indonesia: Set to remain the region's largest economy, with projections suggesting it could surpass the UK by 2030 to become a top-10 global economy.
Growth Rate: The ASEAN-6 is expected to maintain an average real GDP growth of 4.8% (PPP-weighted) from 2025 to 2040.