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ASEAN economy should be larger than European Union by 2050

November 18, 2020May 6, 2018 by Brian Wang

With a projected annual growth rate of over 5% a year, ASEAN is forecasted to overtake the EU and Japan to become the 4th largest economy in the world by 2050, behind China, India, and the US. This growth is supported by favorable demographics. Approximately 60% of ASEAN’s population is under the age of 35, …

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Tags asia, economic impact, europe, future, gpd, predictions

ASEAN economy should be larger than European Union by 2050

May 6, 2018 by Brian Wang

With a projected annual growth rate of over 5% a year, ASEAN is forecasted to overtake the EU and Japan to become the 4th largest economy in the world by 2050, behind China, India, and the US. This growth is supported by favorable demographics. Approximately 60% of ASEAN’s population is under the age of 35, …

Read more

Tags asia, economic impact, europe, future, gpd, predictions

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