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Nominal GDP IMF 2024; World rank Country GDP (US$ millions) GDP per capita (nominal) 1 16 Indonesia 1,475,690 5,509 2 26 Thailand 548,890 7,557 3 31 Singapore 525,230 ...
- Indonesia. Indonesia’s second quarter GDP trajectory has seen an upward swing. It has stayed at above 5 percent for seven consecutive quarters, with private consumption being the key driver of growth—particularly due to private consumption during Eid al-Fitr, Eid al-Adha, and school holidays.
- Malaysia. In the second quarter 2023, Malaysia’s pace of economic expansion was at its slowest in two years, weighed down by decreasing external demand.
- The Philippines. The Philippine economy grew at its slowest pace in 12 years in the second quarter 2023. It increased at only 4.3 percent y-o-y as high inflation and interest rates hurt consumer demand.
- Singapore. Singapore’s economy showed a marginal positive increase of 0.5 percent y-o-y growth in the second quarter 2023, enabling it to avoid a technical recession.
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Apr 24, 2024 · Southeast Asia's second-largest economy unexpectedly shrank 0.6% in the final quarter of 2023 from the third. Full-year growth came in at 1.9%, slower than expected and below 2.5% growth...
Rank Country Population in million GDP Nominal millions of USD GDP Nominal per capita USD GDP (PPP) millions of USD GDP (PPP) per capita USD — ASEAN 685.567: 3,862,060
Economic Indicators. Thailand is the second-largest economy in Southeast Asia after Indonesia, and with an upper-middle income status, serves as an economic anchor for its developing neighbour countries.
Jan 1, 2022 · Thailand, Southeast Asia's 2nd largest economy, is now a RCEP member - CGTN. 03:23. The Regional Comprehensive Economic Partnership (RCEP) takes effect on January 1. Thailand, as a member of RCEP, is Southeast Asia's second-largest economy which relies heavily on exports.
Mar 1, 2024 · Indonesia has annual incomes of $4,580 and the largest economy, making up more than a third of the economic weight of Southeast Asia (GDP). The next five biggest economies are more evenly weighted – Thailand, Singapore, Philippines, Vietnam and Malaysia each make up around 10–15 per cent of Southeast Asia’s economy.