The Asean economy is expected to double by 2020, with the nominal gross domestic product of the regional bloc increasing from US$2 trillion in 2012 to US$4.7 trillion.
ASEAN Purchasing power parity per capita GDP almost doubled since 2000
Real Gross Domestic Product (GDP) per capita in ASEAN, taking into account differences in purchasing power parity, had virtually doubled from $ 2882 in 2000, to $ 5581 in 2011.
Growth is strong in both country groups – the ASEAN6 (Brunei Darussalam, Indonesia, Malaysia, Philippines, Singapore and Thailand) and CLMV (Cambodia, Lao PDR, Myanmar and Viet Nam). The CLMV countries posted robust growth, narrowing the gap with the ASEAN6. Comparing the ASEAN6 and their CLMV brothers, the growth of per capita GDP (in constant PPP$) was 3.4 in 2000, and only 2.6 in 2011.
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ASEAN Purchasing power parity per capita GDP almost doubled since 2000
Real Gross Domestic Product (GDP) per capita in ASEAN, taking into account differences in purchasing power parity, had virtually doubled from $ 2882 in 2000, to $ 5581 in 2011.
Growth is strong in both country groups – the ASEAN6 (Brunei Darussalam, Indonesia, Malaysia, Philippines, Singapore and Thailand) and CLMV (Cambodia, Lao PDR, Myanmar and Viet Nam). The CLMV countries posted robust growth, narrowing the gap with the ASEAN6. Comparing the ASEAN6 and their CLMV brothers, the growth of per capita GDP (in constant PPP$) was 3.4 in 2000, and only 2.6 in 2011.
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