Since 2013, the average annual growth rate of China-ASEAN trade has been 8.8%, which is 3.8 percentage points higher than China's overall average annual growth rate during the same period. In 2023, China's bilateral trade with ASEAN further increased, reaching a scale of RMB 6.41 trillion....
ASEAN averaged an annual GDP growth rate of 4.2% between 2013 and 2022. With a combined population about 672 million, ASEAN’s GDP was about US$3.6 trillion in 2022. If considered as a single entity, ASEAN is the third largest economy in Asia, and the fifth largest in the world after ...
Indonesia's GDP growth rate in 2023 is estimated at around 5%, with a similar pace of economic growth forecast for 2024. Private consumption is a key driver of economic growth, accounting for around 53% of total GDP and growing at a pace of 5.1% year over year (y/y) in the third qu...
In ASEAN, revenue in the Books market is projected to reach US$1,288.00m in 2024. Revenue is anticipated to exhibit an annual growth rate (CAGR 2024-2029) of -0.17%, leading to a projected market volume of US$1,277.00m by 2029. ...
over the years. Official data showed that China has been ASEAN's largest trading partner for 15 consecutive years, with bilateral trade surging from 876.4 billion yuan (about 124.6 billion U.S. dollars) in 2004 to 6.41 trillion yuan in 2023, averaging an 11-percent annual growth rate. ...
(ASEAN) Growth per capita/yr, 2022-27 4.3% Vulnerable employment, 2021 40.9% Poverty rate (under USD 6.85/day) 36.2% Frwd participation (% GDP), 2019 12.7% Bkwd participation (% GDP), 2019 14.7% Imports as % of GDP, 2020 39.5% Exports as % of GDP, 2020 43.1% The information ...
According to our Future of Trade report, ASEAN’s exports are forecast to achieve a compound annual growth rate of 6.7 per cent through 2030, outpacing the global average of 5 per cent. On foreign direct investments (FDI), ASEAN’s statistics show that inflows into the region from 2019 to...
"Chinese companies in the industrial zone have thrived, achieving a high success rate, and have brought tangible benefits to the local community," said Vikrom, noting the industrial zone has become a prime example of collaboration between Thailand and China. ...
In the wake of the pandemic, real GDP has bounced back, with a growth rate expected to average 5% this year and next to the pre-COVID-19 five-year average. By 2023, Indonesia's growth rate is likely to be one of the strongest among ASEAN-6 (Indonesia, Malays...
over the years. Official data showed that China has been ASEAN's largest trading partner for 15 consecutive years, with bilateral trade surging from 876.4 billion yuan (about 124.6 billion U.S. dollars) in 2004 to 6.41 trillion yuan in 2023, averaging an 11-percent annual growth rate. ...