2024 Q1: Philippines has the fastest ASEAN GDP growth at 5.7%, outpacing Thailand's 1.8% and Vietnam's 4.9%.

In Q1 2024, the Philippines achieved the fastest GDP growth in ASEAN at 5.7%, surpassing Thailand's 1.8% growth and Vietnam's 4.9%. The Philippines maintained its position as ASEAN's fastest-growing economy in 2023, while Vietnam's growth improved by 0.2% from the previous quarter. Both nations' growth, though falling short of economists' expectations, marked an impressive start to the year.

June 02, 2024
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