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Southeast Asia’s 6 Largest Economies to Grow 4.8% Annually Through 2035

A joint report by Bain & Company, DBS Bank, and Vriens & Partners forecasts that Southeast Asia’s six largest economies — Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam — will grow at an average annual rate of 4.8% from 2026 through 2035. Vietnam is expected to lead in growth, while Thailand lags regional peers. Singapore is identified as the most resilient economy, supported by deep financial markets and strong fiscal resources. The projection hinges on foreign investment, infrastructure development, and technology-driven productivity gains.

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Southeast Asia’s 6 Largest Economies to Grow 4.8% Annually Through 2035

According to e.vnexpress.net, the six largest economies in Southeast Asia — Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam — are projected to grow by an average of 4.8% annually between 2026 and 2035, per a joint report by Bain & Company, DBS Bank, and Vriens & Partners released on Wednesday.

Growth Drivers and Regional Variation

The report attributes this expansion to foreign investment, industrialization, infrastructure development, and productivity gains from technology adoption. Stable domestic consumption and favorable demographics in several countries are also expected to support growth. However, growth prospects diverge across the region: institutional strength, energy security, and technological readiness are cited as key determinants of each economy’s resilience to external shocks.

Vietnam is forecast to remain the region’s fastest-growing economy, while Thailand is projected to record slower growth than its regional peers. Under a downside scenario, Indonesia, the Philippines, and Thailand may face greater risks; conversely, Malaysia, Singapore, and Vietnam could benefit more from favorable conditions.

Foreign direct investment in the region has surged amid global supply chain realignment and shifts in the investor mix. The report notes that Singapore was identified as the region’s most resilient economy, supported by its deep financial markets, strong fiscal resources, and reputation as a trusted business hub.

Singapore’s Strategic Role

Singapore’s role as a regional financial center is helping promote investment and business activity across Southeast Asia, the report states. Its robust institutional framework underpins this leadership position — including its capacity to attract capital, manage risk, and facilitate cross-border commerce. As of February 2026, consumer activity remains steady, as evidenced by shoppers in Hanoi supermarkets, reflecting broader regional consumption stability.

The report underscores that Singapore’s resilience is not only structural but operational: its fiscal buffers and regulatory credibility enable rapid policy response during volatility. This positions it as both anchor and amplifier for regional economic momentum through 2035.

Source: e.vnexpress.net

Compiled from international media by the SCI.AI editorial team.

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