asean gdp | BTCC Knowledge

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How big was the ASEAN economy in 2022?

The total nominal GDP of the ten ASEAN nations measured in US dollar terms amounted to USD 3.6 trillion in 2022, more than doubling compared with total GDP of USD 1.6 trillion in 2009. The total size of the ASEAN economy was slightly larger than India in 2022, which had an estimated GDP of USD 3.5 trillion in that year.

How big is the ASEAN economy in 2024?

The total size of the ASEAN economy was slightly larger than India in 2022, which had an estimated GDP of USD 3.5 trillion in that year. The near-term outlook is for continued strong growth in the ASEAN region in 2024, helped by resilient domestic demand and some improvement in exports of goods and services.

What will ASEAN's GDP look like in 2030?

Looking ahead, projections indicate that ASEAN's GDP is poised to reach an estimated $4.5 trillion by the year 2030. This trajectory will propel ASEAN as the world's fourth-largest economy, showcasing its sustained economic growth and increasing in uence on the global stage1.

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