ASEAN+3 growth exceeded expectations in 2025. With less severe tariff outcomes, resilient tech exports, and strong investment in ASEAN, AMRO now estimates ASEAN+3 growth at 4.3% in 2025 and 4.0% in 2026–up 0.2 percentage points for both years from the Oct 2025 forecasts. Inflation is expected to remain low and stable

Yet, uncertainty remains high. Maintaining policy readiness to respond to shocks will be critical.

Watch the replay of AMRO’s press briefing on the ASEAN+3 Regional Economic Outlook, January Update as AMRO Chief Economist Dong He and Principal Economist and Allen Ng field questions from the media.

Download the ASEAN+3 Regional Economic Outlook Update, January 2026.