Indonesia, Malaysia, Philippines and Thailand - Asia's Trillion Dollar GDP by 2030

Four ASEAN Countries will become trillion dollar economies by 2030. Indonesia has reached $1 Trillion GDP last year.

Southeast Asia is expected to be one of the world’s fastest growing regions, with four ASEAN nations – Indonesia, Malaysia, the

By 2030 the ASEAN economy is predicted to eclipse Japan’s, and be the fourth largest single market after the EU, US, and China.

The Asia Development Bank (ADB) predicts the size of the middle class in South East Asia will rise from 24% of the population in 2010 to 65% in 2030.

Meanwhile the ASEAN frontier markets of Vietnam, Myanmar, Cambodia and Laos are forecast to continue to grow rapidly. Vietnam will grow at a pace of around 6.5 percent per year over the medium term, with rapid growth in manufacturing exports of electronics and garments driving industrial development.

Ref : Property Report