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.
December 10, 2024
Akifumi Fujii, Naoaki Inayoshi, Nguyen Thi Kim Cuc, Poh Lynn Ng, Ravisara Hataiseree, Somphone Changdabout, Sumio Ishikawa, Thai Yangsingkham
Lao PDR is projected to sustain moderate growth of 4.6 percent in 2025. However, significant challenges, including kip depreciation and persistent high inflation, are hampering its growth prospects.
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 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 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.
December 13, 2023
Lao PDR has exported electricity to neighboring economies, earning the title of the “Battery of Southeast Asia” in recent years. However, the construction of power plants has resulted in higher external debt, putting pressure on the economy’s macro-financial stability.
November 9, 2023
Benyaporn Chantana, Chanthevivanh Keobounphanh, Naoaki Inayoshi, Nguyen Thi Kim Cuc, Phiengphathai Maniphone, Ravisara Hataiseree, Somphone Changdabout, Sota Nejime, Sumio Ishikawa, Yoki Okawa
Lao PDR’s economic growth is projected to accelerate to 4.8 percent in 2023 from 4.4 percent in 2022, bolstered by the service sector.
January 12, 2023
Chanthevivanh Keobounphanh, Kouqing Li, Naoaki Inayoshi
Lao PDR is transforming. The country took a giant step toward becoming a regional transportation hub when the Laos-China Railway became operational on December 3, 2021.