ASEAN+3 Macroeconomic Research Office

ASEAN+3 Regional Economic Outlook Update - January 2026

ASEAN+3 Region Expected to Grow at 4.0 Percent in 2026, External Uncertainty Remains Elevated

In the January 2026 update of the AREO, AMRO estimates the ASEAN+3 region to have grown by 4.3 percent in 2025, and projects growth to moderate to 4.0 percent in 2026. Inflation is estimated at 0.9 percent in 2025 and projected at 1.2 percent in 2026, remaining below the region’s long-run average. The region’s solid performance in 2025 was underpinned by less severe tariff outcomes than initially expected, resilient technology export growth, strong investment in ASEAN, and accommodative macroeconomic policies.