Study: Southeast Asian Economy Projected to Grow 4.8 Per Cent Annually Until 2035

Singapore (ANTARA) - A study released on Wednesday states that the six largest countries in Southeast Asia—namely Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam—are projected to experience an average economic growth of 4.8 per cent per year between 2026 and 2035.

The report, jointly prepared by Bain & Company, DBS Bank, and Vriens & Partners, explains that growth will be supported by foreign investment and sustainable capital formation, ongoing industrialisation and infrastructure development, and increased productivity through technology adoption.

Resilient domestic consumption and favourable demographics in several key economies are also expected to provide support.

However, growth trajectories will differ, with institutional strength, energy security, and technological readiness determining the ability of economies to withstand shocks and capitalise on opportunities.

Vietnam is expected to remain the regional growth leader, while Thailand lags behind its peers. Indonesia, the Philippines, and Thailand face greater risk exposure in downside scenarios, whereas Malaysia, Singapore, and Vietnam possess greater growth potential under more favourable conditions.

Foreign Direct Investment (FDI) is also surging, with a shift in investor composition reflecting the reconfiguration of global supply chains.

The report indicates that Singapore remains the most resilient economy in the region, supported by its status as a safe haven, deep markets, fiscal buffers, and its credibility as a trusted regional hub. Its position as a regional capital hub also facilitates investment and business opportunities throughout Southeast Asia.