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ASEAN+3 Regional Economic Outlook

Quarterly Update of the ASEAN+3 Regional Economic Outlook (AREO) – January 2026

January 21, 2026

Allen Ng, Catharine Kho, Haobin Wang, Jun Ee Yohnsen Ang, Kriti Andhare, Megan Chong, Naoaki Inayoshi, Yuhong Wu

In the January 2026 update of the AREO, AMRO projects growth of the ASEAN+3 region to moderate to 4.0 percent in 2026.

Annual Consultation Reports

AMRO’s 2025 Annual Consultation Report on Singapore

December 9, 2025

Catharine Kho, Koon Hui Tee, Laura Britt-Fermo, Leilei Lu, Pim-orn Wacharaprapapong, Runchana Pongsaparn, Yoki Okawa

Singapore’s economic growth is projected to moderate to 4.1 percent in 2025 and 2.5 percent in 2026.

ASEAN+3 Regional Economic Outlook

Quarterly Update of the ASEAN+3 Regional Economic Outlook (AREO) – October 2025

October 9, 2025

Allen Ng, Catharine Kho, Haobin Wang, Jun Ee Yohnsen Ang, Kriti Andhare, Naoaki Inayoshi, Yuhong Wu

AMRO forecasts the ASEAN+3 region to grow 4.1 percent in 2025 and 3.8 percent in 2026.

ASEAN+3 Regional Economic Outlook

Quarterly Update of the ASEAN+3 Regional Economic Outlook (AREO) – July 2025

July 23, 2025

Allen Ng, Catharine Kho, Haobin Wang, Jun Ee Yohnsen Ang, Kriti Andhare, Naoaki Inayoshi, Yuhong Wu

AMRO forecasts the ASEAN+3 region to grow at region to grow at 3.8 percent in 2025 and 3.6 percent in 2026.

ASEAN+3 Regional Economic Outlook

ASEAN+3 Regional Economic Outlook 2025

April 15, 2025

Allen Ng, Andrew Tsang, Anthony Tan, Byunghoon Nam, Catharine Kho, Chunyu Yang, Fan Zhai, Haobin Wang, Jade Vichyanond, Jinho Choi, Jungsung Kim, Lay Lay Aung, Megan Chong, Naoaki Inayoshi, Nguyen Thi Kim Cuc, Pim-orn Wacharaprapapong, Poh Lynn Ng, Seung Hyun (Luke) Hong, Tanyasorn Ekapirak, Vanne Khut, Wanwisa May Vorranikulkij, Wee Chian Koh, Xianguo (Jerry) Huang, Yuhong Wu

The ASEAN+3 region maintained stable growth of 4.3 percent in 2024 despite various uncertainties and is positioned to remain resilient.

Blogs

Inflation in Transition: How Should ASEAN+3 Manage Changing Inflation Dynamics?

April 15, 2025

Catharine Kho, Megan Chong

For decades before the COVID-19 pandemic, ASEAN+3 economies enjoyed remarkably low and stable inflation, supported by credible policy frameworks and deepening global integration.

Blogs

Silver Linings: Unlocking the Potential Strengths in an Aging Singapore

February 25, 2025

Catharine Kho

The growing elderly population in Singapore could weigh on future economic growth and increase fiscal burden. How has Singapore addressed these challenges and what more can be done?