AMRO’s 2023 Annual Consultation Report on Brunei Darussalam
Brunei’s economy is expected to strengthen further this year after a strong recovery in 2023, mainly supported by robust activities in the non-oil & gas sector.
Brunei’s economy is expected to strengthen further this year after a strong recovery in 2023, mainly supported by robust activities in the non-oil & gas sector.
The near-term outlook for the Korean economy has improved, supported by the recovery of exports, and inflation is expected to decline further toward the target.
After weakening in the first half of 2023, the Vietnamese economy gathered momentum in the second half of the year. The economic growth is expected to pick up moderately in 2024.
Indonesia’s economy continued to perform robustly, led by resilient domestic consumption and strengthening investment.
The Japanese economy is forecast to grow at a steady pace of 1.1 percent in 2024 after a strong recovery of 1.9 percent in 2023.The Japanese economy is forecast to grow at a steady pace of 1.1 percent in 2024 after a strong recovery of 1.9 percent in 2023.
The Hong Kong economy is poised to sustain its steady recovery, moving towards trend growth this year.
China’s economy is expected to continue to recover, returning to its trend trajectory in 2024.
Cambodia’s economy is expected to continue its gradual recovery path.
The Philippines’ economic recovery is expected to remain robust amid high inflation and weaker external demand.
Thailand's economy is expected to grow by 3.5 percent in 2023 and 3.9 percent in 2024, driven by the continued recovery in tourist arrivals and resilient domestic demand, and supported by improvement in exports.