The October 2024 AREO update forecasts ASEAN+3 growth at 4.2% for 2024 and 4.4% for 2025. Key drivers for this growth include external trade, a recovery in tourism, and resilient domestic demand.
The AREO update, released in October 2024, provides crucial economic predictions for the region, illuminating a robust outlook for the upcoming years.
With promising figures ahead, the ASEAN+3 Regional Economic Outlook indicates a positive trajectory for economic performance, fostering optimism for stakeholders across various sectors.