ASEAN's economic growth
ASEAN's economic growth outpaces the rest of the world
ASEAN's combined GDP of US$2.5 trillion comprises 3.4 per cent of the world's GDP. In 2016, the region's annual average GDP growth was 4.6 per cent, outpacing the global average of 3.2 per cent, and taken as a whole the region is set to become the equivalent of the world's fourth largest economy by 2030. By then, more than half the people who make up the world's middle class will live within a six hour flight from Bangkok, putting the region at the crossroads of world trade.
The region is set to become the equivalent of the world's fourth largest economy by 2030