Quarterly Update of the ASEAN+3 Regional Economic Outlook (AREO) – January 2025
January 21, 2025
In the January 2025 update of the AREO, AMRO forecasts the ASEAN+3 region to grow at 4.2 percent in 2025.
January 21, 2025
Allen Ng, Catharine Kho, Haobin Wang, Marthe M. Hinojales, Megan Chong, Naoaki Inayoshi, Yuhong Wu
In the January 2025 update of the AREO, AMRO forecasts the ASEAN+3 region to grow at 4.2 percent in 2025.
November 26, 2024
Allen Ng, Benyaporn Chantana, Haobin Wang, Marthe M. Hinojales, Michael Wynn, Ravisara Hataiseree
Thailand’s economy is strengthening on the back of resilient private demand, continued recovery in tourism, and accelerated government disbursement.
October 3, 2024
Allen Ng, Catharine Kho, Haobin Wang, Marthe M. Hinojales, Megan Chong, Naoaki Inayoshi, Yuhong Wu
In the October 2024 update of the AREO, AMRO forecasts the ASEAN+3 region to grow at 4.2 percent in 2024 and improve to 4.4 percent in 2025.
July 18, 2024
ASEAN+3 growth momentum is steady on export recovery and solid domestic demand. AMRO’s Marthe Hinojales discusses AMRO’s latest growth outlook for the region and key risks to look out for.
July 16, 2024
Allen Ng, Catharine Kho, Haobin Wang, Marthe M. Hinojales, Megan Chong, Naoaki Inayoshi, Yuhong Wu
In the July 2024 update of the AREO, AMRO has kept its 2024–25 growth forecasts for the ASEAN+3 region broadly unchanged at 4.4 percent and 4.3 percent, respectively.
April 17, 2024
Hongyan Zhao, Marthe M. Hinojales, Wee Chian Koh
The increasingly heated struggle between the U.S. and China for dominance in semiconductor technologies has been a godsend for the Malaysian island of Penang.
April 8, 2024
Allen Ng, Catharine Kho, Haobin Wang, Marthe M. Hinojales, Megan Chong, Naoaki Inayoshi
The stronger growth for ASEAN+3 this year will be mainly driven by robust domestic demand, underpinned by increasing household incomes and recovering investment activity.
April 8, 2024
While the ASEAN+3 region will remain a major driver of global growth in the next decade, it also faces a multitude of structural challenges. Three secular trends—aging, global trade reconfiguration, and rapid technological change—are affecting the region in complex ways that make its long-term growth trajectory less certain.
February 22, 2024
Anthony Tan, Catharine Kho, Marthe M. Hinojales
Over the past decade, the ASEAN+3 region has achieved a remarkable pace of economic development. The region has emerged as the biggest driver of global growth and continues to remain relatively resilient amid continuing global headwinds.
January 18, 2024
Allen Ng, Anthony Tan, Catharine Kho, Haobin Wang, Marthe M. Hinojales, Megan Chong
In the January 2024 update of the AREO, AMRO maintained its 2024 growth forecast of 4.5 percent for the ASEAN+3 region.