Business · Singapore Bureau
Southeast Asia's largest economies poised for 4.8% growth over decade
A new report projects robust economic expansion across the region's major markets over the next ten years. The forecast was unveiled by DBS Bank alongside leading consultancy firms this month.
LSN Singapore ·
Southeast Asia's largest economies are positioned for steady expansion, with growth projected at an average annual rate of 4.8 percent over the coming decade, according to analysis released by DBS Bank and two consultancy partners on September 16.
The forecast reflects optimism about the region's economic trajectory amid shifting global trade patterns and deepening regional integration. The projection encompasses the bloc's major economies, which collectively represent a significant portion of Southeast Asian GDP and are key drivers of broader regional growth.
The extended growth outlook suggests sustained momentum in consumer spending, investment activity, and trade flows across the region. Analysts point to demographic advantages, digital economy expansion, and infrastructure development as supporting factors for the projected expansion.
The report comes amid evolving economic conditions in South and Southeast Asia, where central banks and policymakers are navigating inflation pressures and monetary policy adjustments. The 4.8 percent forecast represents expectations for moderate but consistent economic performance relative to historical regional growth rates.