At a combined GDP of US$2.8 trillion, ASEAN collectively stands as the 6th largest economy in the world.
The ASEAN region is expected to grow at an annual rate of 5.2% from 2018 to 2021 and is projected to become the fourth largest single market in the world by 2030, behind only the US, China and the European Union. Here are the countries and their GDP contributions to the ASEAN economy, with Indonesia taking the lion's share at US$1 trillion (34.77%). In terms of GDP per capita, Singapore ranks the highest at US$61,230.