)cMDÅ+ã"[eȲIT&x¶IÊÄdQÉÊd¨¹i£QVûUÖbW0sYÒÜåQ "ÂzÚ:TÐmÄïß7åU7]©èu3øg|ÑV×Êk×çº~|]»»jöÎâåx2/³ÍñlºÚß}mßã>þ:âE:ûIñ±9ß7]3Ø?8. Developed markets are expected to average around $60,000 per capita GDP by 2030, compared to less than $10,000 for emerging markets. 380 0 obj
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Please log in to access our additional functions, *Duration: 12 months, billed annually, single license, The ideal entry-level account for individual users. Southeast Asia is expected to be one of the world’s fastest growing consumer markets over the next decade, with ASEAN members’ GDP forecasted to rise to US$10 trillion by 2030. GDP Nominal millions of USD GDP Nominal per capita USD GDP (PPP) millions of USD GDP … "Gross Domestic Product (Gdp) of The Asean Countries from 2010 to 2020 (in Billion U.S. 1 The International Labour Organization (ILO) projected that ASEAN would see the second-largest labour force growth by 2030 (behind India); with the entry of some 59 million people to the workforce. Please do not hesitate to contact me. 358 0 obj
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Together, ASEAN’s ten member states form an economic powerhouse. New, Everything you need to know about the industry development, Find studies from all around the internet. and over 1 Mio. This is 1 to 5% faster annual growth than the rest of the world. Facebook: number of monthly active users worldwide 2008-2020, Smartphone market share worldwide by vendor 2009-2020, Number of apps available in leading app stores 2020, Profit from additional features with an Employee Account. This means that along the way in the AEC journey, ASEAN’s economy would be larger than that of the UK, and would overtake that of Japan by 2025 Meanwhile regional cities have boomed thanks to intersecting travel, trade and digital connections. Learn more about how Statista can support your business. (billed annually). Forty cities contain populations of 1 million or more. New, Figures and insights about the advertising and media world, Industry Outlook Are you interested in testing our corporate solutions? This study examines the potential contributions of this integration to regional growth by analysing the impact of various Mega Trends and expanding on the predictions for each sector. SOUNDBITE 2: Hassanal Bolkiah, Sultan of Brunei (English, 22 secs): "We also aspire to double ASEAN's combined GDP from 2.33 trillion US dollars, to 4.4 trillion US dollars and half the percentage of people living in poverty from 18.6 percent to 9.3 percent by 2030." In, IMF. In the next 15 years the faces of Asean are set to change drastically. ASEAN’s GDP is forecast to increase from $2.4 Trillion in 2015 to $5.2 Trillion in 2025, largely due to the ongoing implementation of the AEC. You only have access to basic statistics. 339 0 obj
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TABLE 2: ASEAN GDP GROWTH AND CATCH-UP PERFORMANCE, 1998-2018 ... nation by 2030 and a developed country by 2050 Prime Minister Hun Sen’s statement (2013)3 Indonesia Back in 2018, the prime ministers of three neighboring countries met and endorsed an action plan to connect their economies until 2030. This is a list of gross domestic product (GDP) at purchasing power parity (PPP) for the latest years recorded in the CIA World Factbook. The three leaders committed themselves to building “integrated, sustainable and prosperous CLV economies”, which would be located in the larger regional plan of the ASEAN Community Vision 2025, the ASEAN Post reported. dollars)." Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Technology Market Outlook Update, Insights into the world's most important technology markets, Advertising & Media Outlook Forty cities contain populations of 1 million or more. On a purchasing power parity (PPP) basis, Asia will have 42% of the world economy next year. GDP in the ASEAN area amounted to US$2.9 trillion in 2018 (+5.1% compared to 2017), making it the 3rd largest economy in Asia, the 5th largest in the world and, with a projected annual growth rate of over 5%, it is predicted to become the 4th largest in 2030. Although the population of Asean in 2030 will be richer and largely urbanised, the majority of the region’s GDP will still be produced by the 30 per cent of the population who remain in the countryside. If ASEAN were a single country, it would already be the seventh-largest economy in the world, with a combined GDP of $2.4 trillion in 2013 (Exhibit 1). This section provides a snapshot of what ASEAN might look like in 2030.16It is meant to help Australian businesses think about the region's commercial and economic prospects. The IMF foresees this high growth rate to continue at least until 2023. 1 Gross domestic product (GDP) of the ASEAN countries from 2010 to 2020 (in billion U.S. dollars) [Graph]. ASEAN Foreign Ministers Meeting in Lombok in January 2011 agreed the idea of joint bidding to host the 2030 FIFA World Cup. Gross domestic product (GDP) growth rates for ADB's developing member countries. This feature is limited to our corporate solutions. Home / Study on MSMEs Participation in the Digital Economy in ASEAN Study on MSMEs Participation in the Digital Economy in ASEAN As the Association of Southeast Asian Nations (ASEAN) advances to become the world’s fourth largest economy by 2030,1 it is undergoing a transition marked by a demographic shift to a younger population, a rising middle class, and rapid adoption of technology. 1. Asian countries are still maintaining GDP growth of 4-8% depending upon the country. Meanwhile regional cities have boomed thanks to intersecting travel, trade and digital connections. 11, 2021, Cumulative cases of COVID-19 worldwide from Jan. 22, 2020 to Jan. 25, 2021, by day. Then you can access your favorite statistics via the star in the header. %PDF-1.5
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October 12, 2020. Corporate solution including all features. It is projected to rank as the fourth-largest economy by 2050. Dollars). $39 per month* member states currently have a combined population of around 600 million and a GDP similar to the UK’s. hÞÄÛn7_
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`»u/dk+/ K¤ñÛ÷¡$ËvêC4VäCrvøñç8V.heMFi'BiUÈ¥SÙr? ASEAN is expected to become the world’s fourth largest economy by 2030 (current GDP at USD 2.7 trillion). Please create an employee account to be able to mark statistics as favorites. ASEAN's middle class* is expected to more than double in size from 135 million (24% of ASEAN's population) to 334 million (51% of the population) by 2030. endstream
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Note: The newly industrialized economies are Hong Kong, China, the Republic of … Please contact us to get started with full access to dossiers, forecasts, studies and international data. COVID-19 deaths worldwide as of March 11, 2021, by country, COVID-19 cases worldwide as of March 11, 2021, by country, Coronavirus (COVID-19) cases, recoveries, and deaths worldwide as of Mar. Some projections place ASEAN as the fourth largest economy by 2030… ASEAN has dramatically outpaced the rest of the world on growth in GDP per capita since the late 1970s with average annual real gains of more than five percent. Projections of Asian Gross Domestic Product (GDP) and Trade, provides careful analyses and projections of the supply-side factors of 12 economies in the region, as well Collectively, ASEAN is the fifth-largest economy in the world 1.1 ASEAN, a top 5 global economy to become the fifth-largest economy worldwide. 0
Profit from additional features by authenticating your Admin account. In 2020, the estimated total GDP of all ASEAN states amounted to approximately 3.11 trillion U.S. dollars, a significant increase from the previous years. JPMorgan believes ASEAN will become the fourth-largest economic region in the world by 2030, after the European Union, United States and China, and Indonesia is … Then you will be able to mark statistics as favourites and use personal statistics alerts. "Gross domestic product (GDP) of the ASEAN countries from 2010 to 2020 (in billion U.S. Sustainable urbanization is a key part of this demographic growth, and it is estimated that nearly 70% of ASEAN’s population will live in urban areas by 2050. Please authenticate by going to "My account" → "Administration". endstream
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ASEAN’s economy could reach nearly US$3.9 trillion by 2020 (the size of Germany in 2014), and would be more than three times larger by 2030, at US$8.1 trillion (twice the size of Germany in 2014). Figures and forecasts are as of ADB's Asian Development Outlook Update (ADOU) 2020, released in September 2020. #ASEAN2030 | ASEAN population for 2030 Half of ASEAN's 700 million people live in cities. In 2030, the world will have about 8.56 billion and Asia will have nearly 5 billion people. %%EOF
ASEAN will become fourth largest economy by 2030, says UOB The GDP of the 10-member countries is likely to expand to US$8.1 trillion in 2030 from the current US$2.5 trillion. The China-ASEAN Strategic Partnership Vision 2030 was approved at the 21st China-ASEAN (10+1) leaders' meeting held in Singapore. #ASEAN2030 | ASEAN population for 2030 Half of ASEAN's 700 million people live in cities. facts. IMF. By 2030: ASEAN's openness to trade, sound institutions and relatively low inequality has helped maintain its impressive growth record. Last updated: 22 July 2019 Accessed March 12, 2021. https://www.statista.com/statistics/796245/gdp-of-the-asean-countries/, IMF. But by 2030 the ASEAN economy is predicted to eclipse Japan’s, and be the fourth largest single market after the EU, US, and China. The Asia Development Bank (ADB) predicts the size of the middle class in South East Asia will rise from 24% of India is now the world’s third-largest economy, with a GDP about double the size of either Germany or Japan, both of which had economies larger than India’s on a PPP basis in 2000. Statista. ", IMF, Gross domestic product (GDP) of the ASEAN countries from 2010 to 2020 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/796245/gdp-of-the-asean-countries/ (last visited March 12, 2021), Gross domestic product (GDP) of the ASEAN countries from 2010 to 2020, Life expectancy at birth in Singapore 2018, Life expectancy at birth in Singapore 2018, by gender, Median age of the population in Singapore 2015, Gross domestic product (GDP) in Singapore 2025*, Gross domestic product (GDP) per capita in Singapore 2025*, Gross domestic product (GDP) growth rate in Singapore 2025*, Singapore: Share in global GDP adjusted for PPP 2025*, Distribution of gross domestic product (GDP) across economic sectors Singapore 2019, Employment by economic sector in Singapore 2020, National debt of Singapore in relation to gross domestic product (GDP) 2025*, Ratio of military expenditure to gross domestic product (GDP) in Singapore 2019, Ratio of government expenditure to gross domestic product (GDP) in Singapore 2025*, Singapore's budget balance in relation to GDP 2025, Total population of the ASEAN countries from 2010 to 2020, Life expectancy at birth in the ASEAN countries 2018, Gross domestic product of the ASEAN countries from 2010 to 2020, Gross domestic product (GDP) per capita in the ASEAN countries 2020, Inflation rate in the ASEAN countries 2020, Import growth in the ASEAN region 2015 by country, Export growth in the ASEAN region 2015 by country, Internet penetration Asia 2020 by country or region, Internet penetration in Southeast Asia 2020, by country, Number of internet users APAC 2020 by country or region, Countries with the fastest average internet connection speed 2017, Singapore: number of social network users 2017-2025, Social network penetration in Singapore Q3 2020, New cases of COVID-19 worldwide from January 23, 2020 to March 10, 2021, by day, South Korea's trade balance with ASEAN since FTA 2007-2017, South Korea: value of goods imported from ASEAN since FTA June 2007-2017, Value of Malaysian imports from ASEAN countries 2019 by country, South Korea: value of goods exported to ASEAN since FTA 2007-2017, Value of Malaysian exports to ASEAN countries 2019 by country, Value of Indian trade with ASEAN countries 2019, Concerns from experts in the Philippines about ASEAN 2019, Expert opinions on how ASEAN should respond to Rohingya crisis Singapore 2019, Expert opinions on how ASEAN should respond to North Korea Singapore 2019, Tourist arrivals in the ASEAN region from South Korea 2010-2019, Number of intra-ASEAN tourist arrivals 2010-2019, Experts' concerns for ASEAN Singapore 2019, Annual growth of motorcycle and scooter production ASEAN 2019 by country, Annual growth of motorcycle and scooter sales volume ASEAN 2019 by country, Motorcycle and scooter sales within ASEAN 2019 by country, Alcohol & tobacco consumer spending per capita forecast in Southern Asia 2010-2025, Crude steel production in France, EU and the world 2016-2017, IT hardware spending forecast worldwide 2013-2019, Leading 10 diversified retailers worldwide 2010, based on retail sales, Real household upkeep consumer spending per capita worldwide 2020, by country, Gross domestic product (GDP) of the ASEAN countries from 2010 to 2020 (in billion U.S. dollars), Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre. Four ASEAN Countries will become trillion dollar economies by 2030 Southeast Asia is expected to be one of the world’s fastest growing regions, with four ASEAN nations – Indonesia, Malaysia, the Philippines and Thailand – expected to join the ranks of Asia’s group of nations that have a GDP exceeding $1 trillion by 2030. Register in seconds and access exclusive features. hÞb```¢¡vaf`f`s|èwIp(àüØÀÀ°= (Ãìd±¶ãÚ±Æ" à``yµH±Xä!ÉÈæ¢ ò@øWË;&wFõ
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SHOTLIST: Bandar Seri Begawan, Brunei , October 10, 2013 Source: AFPTV SOURCE: Royal Brunei Television - NO RESALE FOR NON-EDITORIAL PURPOSES - Group photo of ASEAN plus three leaders, with Sultan Hassanal Bolkiah of Brunei in the middle - WS of Summit -WS journalists -WS press conference -WS journalists SOUNDBITE 1: Hassanal Bolkiah, Sultan of Brunei (English, 19 secs): "As … hÞbbd```b``º"kÀädÉúD²4eõA$sX¤Ì `0»LºIF×S RòÚ "÷²M$ÿ¬éb`bd`Éã ÿæ¼0 i9I
Chart. Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: Figures after 2018 are estimates.Figures have been rounded. With a combined gross domestic product (GDP) of US$2.8 trillion in 2017, a collective market of more than 640 million consumers, a young demographic and a growing middle class, the region holds enormous potential. Solicitation for bids to host the 2030 World Cup will begin in January 2017 and the decision will be made in December 2018. Directly accessible data for 170 industries from 50 countries ... economic and socio-cultural cooperation. (October 12, 2020). The ASEAN 2030 study is part of a wider study led by ADBI in collaboration with several ADB departments titled: ASEAN, PRC, and India: The Great Transformation , which analyzes the 2030 growth potential of these economies 3 Economic issues have assumed central stage in ASEAN since its creation 45 years ago => An ASEAN Economic Community will be created in 2015 Economic slowdown in the West and rising competition from the PRC and India bring ASEAN at a crossroads => A RICH ASEAN by 2030: Tripling per capita incomes and people’s increasing quality of life to OECD levels; or Losing Centrality: Slowdown to …