17/10/2021
Update ASEAN Economic Outlook ( October 2021 )
Review:
- Almost all ASEAN Countries have a positive increase except for Myanmar, which experiencing a rapid decline.
- Singapore is back on track again with an increase of 6.03%.
- Project increase for Thailandis not very high at 0.96%, however, this does not shift its position on the 2nd ladder, as well as in Indonesia which is very far away in GDP
– The Economic GDP figures between the Philippines, Singapore, Malaysia and Vietnam are very close and it has a possibility that there will be overtaking between these Countries but only the Philippines has a stable Economic Outlook and it will remain on its 3rd ladder.
Whatever it is, hopefully for the best ASEAN Economy in the future!
Source: International Monetary Fund ( IMF )
Graphic : Seasia.co
- Julian