The report provides a 10-year growth forecast for SEA-6 economies by reviewing factors that impact labour, capital and productivity. It also highlights the historical economic performance of SEA-6 markets against traditional and contextual drivers of growth.
Southeast Asia is set to outpace China over the next 10 years in terms of gross domestic product (GDP) and foreign direct investment (FDI) growth, according to a new report by DBS Bank, Bain & Company and the Angsana Council, a non-profit advisory council by Monk’s Hill Ventures.
The report, titled “Navigating High Winds: Southeast Asia Outlook 2024 – 2034”, finds that the GDP of the top six economies in Southeast Asia (SEA-6), will grow at an annual average rate or 5.1% with Vietnam and the Philippines driving the region’s growth, exceeding 6% each.
