Vietnam and Indonesia is the best performing economy in SEA
Date: 8/26/2020 8:03:41 AM

Vietnam and Indonesia is the best performing economy in the first half of 2020 (January-June 2020). Philippines & Malaysia becoming the worst performing in this pandemic time. Thailand becoming the third country in Southeast Asia joining Philippines and Singapore that is fell into economic recession after negative economic growth in the last 2 consecutive quarters.

 

 
✅ FINAL GDP GROWTH ASEAN 6 MAJORS ECONOMY (Y.O.Y JANUARY-JUNE H1-2020)
 
Vietnam: + 2.09%
Indonesia: - 1.18%
Singapore: - 6.95% 
Thailand: -7.0%
Malaysia: - 8.2%
Philippines: - 8.6% 
 
✅ GDP GROWTH ASEAN 6 MAJORS ECONOMY (Y.O.Y April-June Q2-2020)
 
Vietnam: + 0.36%
Indonesia: - 5.32%
Thailand: - 12.2%
Singapore: - 13.2% 
Philippines: - 16.5%
Malaysia: -17.1%
 
✅ GDP GROWTH ASEAN 6 MAJORS (Y.O.Y January-March Q1-2020)
 
Vietnam: + 3.82% from +7% last year (3.18% drop)
Indonesia: + 2.97% from +5% (2.03% drop)
Malaysia: + 0.7% from +4.5% (3.8% drop)
Philippines: - 0.7% (contracted) from +6% (6.7% drop)
Thailand: - 1.8% (contracted) from +2.8% (4.6% drop)
Singapore: - 2.2% (contracted)
 

 

(Source: ASEAN Skypescraper & InfrasInfrastructure)  
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