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ToggleThe Asian Development Bank has left its forecast for Vietnam’s GDP growth unchanged at 6 percent in its latest, Asian Development Outlook July 2024. The bank has also forecast that inflation in Vietnam should be around 4 percent for the year.
ADB, Southeast Asia GDP Growth, July 2024
2023 | 2024 | 2025 | |||
April | July | April | July | ||
Indonesia | 5 | 5 | 5 | 5 | 5 |
Malaysia | 3.7 | 4.5 | 4.5 | 4.6 | 4.6 |
Philippines | 5.5 | 6 | 6 | 6.2 | 6.2 |
Singapore | 1.1 | 2.4 | 2.4 | 2.6 | 2.6 |
Thailand | 1.9 | 2.6 | 2.6 | 3 | 3 |
Vietnam | 5.1 | 6 | 6 | 6.2 | 6.2 |
Southeast Asia | 4.1 | 4.6 | 4.6 | 4.7 | 4.7 |
ADB, Southeast Asia Inflation, July 2024
2023 | 2024 | 2025 | |||
April | July | April | July | ||
Indonesia | 3.7 | 2.8 | 2.8 | 2.8 | 2.8 |
Malaysia | 2.5 | 2.6 | 2.6 | 2.6 | 2.6 |
Philippines | 6 | 3.8 | 3.8 | 3.4 | 3.4 |
Singapore | 4.8 | 3 | 3 | 2.2 | 2.2 |
Thailand | 1.2 | 1 | 0.7 | 1.5 | 1.3 |
Vietnam | 3.3 | 4 | 4 | 4 | 4 |
Southeast Asia | 4.1 | 3.2 | 3.2 | 3 | 3 |