Largest economies in the ASEAN Subdivions by GDP (nominal) in 2023 (for Indonesia Malaysia and Philippines), in 2022 (for Thailand and Vietnam) according to local statistics |
Largest economies in the ASEAN Subdivions by GDP (PPP) in 2023 (for Indonesia Malaysia and Philippines), in 2022 (for Thailand and Vietnam) according to local statistics |
This is a list of ASEAN country subdivisions by GDP are based on official exchange rates market exchange rates (Nominal) and Purchasing Power Parity (PPP) methodology. These figures have been taken from using data from Indonesian provinces, Malaysia states, Philippine, Thai, and Vietnam regions. GDP and GDP per capita data are according to International Monetary Fund's October 2023 estimates. [1] Badan Pusat Statistik Indonesia, [2] Department of Statistics Malaysia, [3] Philippine Statistics Authority, [4] [5] NESDC Thailand, [6] GSO Vietnam. [7] The figures are given or expressed in Millions of current market and International Dollars at current prices.
Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. [8] Nominal GDP does not take into account differences in the cost of living in different countries, and the results can vary greatly from one year to another based on fluctuations in the exchange rates of the country's currency.
GDP comparisons using PPP take into account the relative cost of local goods, services and inflation rates of the country, rather than using international market exchange rates, which may distort the real differences in per capita income. It is however limited when measuring financial flows between countries and when comparing the quality of same goods among countries. [9] PPP is often used to gauge global poverty thresholds and is used by the United Nations in constructing the human development index. [10]
First level administration (only above U$10 billion) by recent data
Subdivision | Type | Population Estimates | GDP Nominal | GDP PPP | Country | Year | ||
---|---|---|---|---|---|---|---|---|
(in million $) | Per capita | (in million $) | PPP Per Capita | |||||
Jakarta | Special Province | 11,350,328 | 225,883 | 21,166 | 724,010 | 67,842 | Indonesia | 2023 |
East Java | Province | 41,150,000 | 193,773 | 4,667 | 621,089 | 14,956 | Indonesia | 2023 |
West Java | Province | 49,860,330 | 172,232 | 3,454 | 552,046 | 11,072 | Indonesia | 2023 |
Bangkok | Special Area | 9,034,000 | 165,904 | 18,305 | 490,242 | 54,092 | Thailand | 2022 |
NCR (Metro Manila) | Capital Region | 13,484,462 | 136,147 | 9,546 | 398,607 | 27,949 | Philippines | 2023 |
Southeast Vietnam | Region | 18,810,780 | 127,654 | 6,786 | 413,434 | 21,978 | Vietnam | 2022 |
Red River Delta | Region | 22,091,250 | 123,361 | 5,259 | 399,530 | 17,034 | Vietnam | 2022 |
Central Java | Province | 37,608,336 | 111,321 | 2,965 | 356,812 | 9,505 | Indonesia | 2023 |
Selangor | State | 7,214,400 | 98,744 | 13,704 | 314,875 | 43,701 | Malaysia | 2023 |
Eastern Thailand | Region | 5,951,000 | 94,737 | 14,886 | 279,946 | 43,990 | Thailand | 2022 |
North Sumatra | Province | 15,386,640 | 68,953 | 4,481 | 221,009 | 14,364 | Indonesia | 2023 |
Bangkok's Vicinity | Region | 17,400,000 | 67,824 | 8,136 | 200,418 | 24,041 | Thailand | 2022 |
Riau | Province | 6,614,384 | 67,344 | 10,138 | 215,852 | 32,494 | Indonesia | 2023 |
Calabarzon | Region | 16,195,042 | 61,779 | 3,647 | 180,875 | 10,678 | Philippines | 2023 |
Kuala Lumpur | Capital City | 2,044,200 | 60,859 | 28,736 | 194,069 | 91,634 | Malaysia | 2023 |
East Kalimantan | Province | 4,030,488 | 55,344 | 14,155 | 177,391 | 45,372 | Indonesia | 2023 |
Banten | Province | 12,307,732 | 53,412 | 4,340 | 171,199 | 13,910 | Indonesia | 2023 |
Isan | Region | 22,017,248 | 50,675 | 2,769 | 149,774 | 8,184 | Thailand | 2022 |
Mekong River Delta | Region | 17,432,120 | 48,836 | 2,801 | 158,167 | 9,073 | Vietnam | 2022 |
Central Luzon | Region | 12,422,172 | 47,658 | 3,697 | 139,531 | 10,823 | Philippines | 2023 |
South Sulawesi | Province | 9,362,290 | 42,813 | 4,573 | 137,227 | 14,657 | Indonesia | 2023 |
South Sumatra | Province | 8,743,522 | 41,273 | 4,720 | 132,291 | 15,130 | Indonesia | 2023 |
Southern Thailand | Region | 40,160 | 4,121 | 118,674 | 12,180 | Thailand | 2022 | |
Sarawak | State | 39,850 | 15,880 | 127,075 | 50,637 | Malaysia | 2023 | |
Northern Thailand | Region | 37,985 | 3,385 | 112,245 | 10,004 | Thailand | 2022 | |
Johor | State | 37,683 | 9,189 | 120,163 | 29,302 | Malaysia | 2023 | |
South Central Coast | Region | 32,753 | 3,458 | 106,078 | 11,200 | Vietnam | 2022 | |
Lampung | Province | 29,450 | 3,162 | 94,393 | 10,135 | Indonesia | 2023 | |
North Central Coast | Region | 29,164 | 2,606 | 94,456 | 8,440 | Vietnam | 2022 | |
Central Visayas | Region | 28,391 | 3,448 | 83,121 | 10,095 | Philippines | 2023 | |
Penang | State | 28,200 | 15,918 | 89,925 | 50,759 | Malaysia | 2023 | |
Central Thailand | Region | 26,030 | 8,210 | 76,918 | 24,261 | Thailand | 2022 | |
Sabah | State | 24,541 | 6,830 | 78,256 | 21,781 | Malaysia | 2023 | |
Northeast | Region | 23,288 | 2,870 | 75,423 | 9,297 | Vietnam | 2022 | |
Central Sulawesi | Province | 22,775 | 7,378 | 72,998 | 23,649 | Indonesia | 2023 | |
Davao Region | Region | 22,565 | 4,079 | 66,066 | 11,944 | Philippines | 2023 | |
Western Visayas | Region | 22,379 | 2,765 | 65,520 | 8,097 | Philippines | 2023 | |
Riau Islands | Province | 21,774 | 10,115 | 69,792 | 32,422 | Indonesia | 2023 | |
Northern Mindanao | Region | 21,218 | 4,096 | 62,120 | 11,922 | Philippines | 2023 | |
Perak | State | 20,708 | 8,151 | 66,033 | 25,993 | Malaysia | 2023 | |
West Sumatra | Province | 20,520 | 3,564 | 65,771 | 11,424 | Indonesia | 2023 | |
Jambi | Province | 19,271 | 5,238 | 61,767 | 16,788 | Indonesia | 2023 | |
Western Thailand | Region | 18,358 | 5,017 | 54,247 | 14,827 | Thailand | 2022 | |
West Kalimantan | Province | 18,007 | 3,202 | 57,717 | 10,264 | Indonesia | 2023 | |
Bali | Province | 18,000 | 4,087 | 57,693 | 13,099 | Indonesia | 2023 | |
South Kalimantan | Province | 17,668 | 4,184 | 56,629 | 13,412 | Indonesia | 2023 | |
Pahang | State | 16,602 | 10,106 | 52,939 | 32,227 | Malaysia | 2023 | |
Central Highlands | Region | 15,787 | 2,591 | 51,132 | 8,392 | Vietnam | 2022 | |
Yangon Region | Region | 14,986 | 2,036 | 54,809 | 7,451 | Myanmar | 2021 | |
Aceh | Province | 14,900 | 2,718 | 47,758 | 8,711 | Indonesia | 2023 | |
Ilocos Region | Region | 14,641 | 2,716 | 42,864 | 7,952 | Philippines | 2023 | |
Negeri Sembilan | State | 13,883 | 11,340 | 44,271 | 36,160 | Malaysia | 2023 | |
Central Kalimantan | Province | 13,702 | 4,940 | 43,917 | 15,833 | Indonesia | 2023 | |
Bicol Region | Region | 12,617 | 2,002 | 36,939 | 5,862 | Philippines | 2023 | |
Kedah | State | 12,397 | 5,779 | 40,312 | 18,429 | Malaysia | 2023 | |
Malacca | State | 12,150 | 11,825 | 38,745 | 37,708 | Malaysia | 2023 | |
Northwest | Region | 11,921 | 2,427 | 38,611 | 7,861 | Vietnam | 2022 | |
Special Region of Yogyakarta | Province | 11,855 | 3,173 | 37,997 | 10,169 | Indonesia | 2023 | |
Southeast Sulawesi | Province | 11,559 | 4,205 | 37,048 | 13,477 | Indonesia | 2023 | |
North Sulawesi | Province | 11,282 | 4,207 | 36,163 | 13,486 | Indonesia | 2023 | |
Soccsksargen | Region | 11,154 | 2,459 | 32,657 | 7,198 | Philippines | 2023 | |
West Nusa Tenggara | Province | 10,917 | 1,963 | 34,990 | 6,293 | Indonesia | 2023 | |
Eastern Visayas | Region | 10,225 | 2,076 | 29,937 | 6,077 | Philippines | 2023 | |
Megapolitan | Population | Area (km2) | GDP Nominal | GDP PPP | Country | Year | ||
---|---|---|---|---|---|---|---|---|
(in million $) | Per capita | (in million $) | Per Capita | |||||
Jabodetabekpunjur-Bandung Basin | 54,842,885 | 24,495.70 | 402,564 | 7,340 | 1,232,244 | 22,469 | Indonesia | 2022 |
Bay of Bangkok Economic Rim | 23,763,000 | 42,181.00 | 328,465 | 13,822 | 970,607 | 40,845 | Thailand | 2022 |
Mega Manila | 41,099,507 | 50,525.00 | 223,300 | 5,434 | 646,766 | 15,739 | Philippines | 2022 |
Southeast Economic Zone | 22,933,631 | 30,579.20 | 137,593 | 5,999 | 447,271 | 19,502 | Vietnam | 2022 |
Gerbangkertosusila-Greater Malang | 19,659,028 | 17,071.69 | 126,490 | 6,434 | 387,185 | 19,695 | Indonesia | 2022 |
Red River Delta | 21,047,582 | 24,561.44 | 103,135 | 4,901 | 335,258 | 15,929 | Vietnam | 2022 |
Metropolitan | Population | Area (km2) | GDP Nominal | GDP PPP | Country | Year | ||
---|---|---|---|---|---|---|---|---|
(in million $) | Per capita | (in million $) | Per Capita | |||||
Jakarta metropolitan area | 34,610,726 | 7,076.31 | 338,836 | 9,789 | 1,085,172 | 31,353 | Indonesia | 2023 |
Bangkok Metropolitan Region | 17,251,000 | 7,762.00 | 233,728 | 13,433 | 690,660 | 39,694 | Thailand | 2022 |
Greater Manila Area | 29,050,584 | 8,099.63 | 178,042 | 6,129 | 515,923 | 17,759 | Philippines | 2022 |
Klang Valley (Kuala Lumpur) | 8,309,689 | 8,347.00 | 141,979 | 17,086 | 396,502 | 47,716 | Malaysia | 2022 |
Ho Chi Minh City metropolitan area | 15,862,793 | 10,661.60 | 101,180 | 6,378 | 327,016 | 20,615 | Vietnam | 2022 |
Surabaya metropolitan area | 11,797,761 | 6,310.06 | 101,105 | 8,570 | 323,805 | 27,446 | Indonesia | 2023 |
Hanoi Capital Region | 11,159,458 | 5,112.75 | 67,510 | 6,050 | 218,194 | 19,522 | Vietnam | 2022 |
Bandung metropolitan area | 8,678,130 | 3,484.08 | 42,383 | 4,883 | 135,736 | 15,641 | Indonesia | 2023 |
Greater Balikpapan-Samarinda | 2,503,272 | 5,691.10 | 33,160 | 13,246 | 106,201 | 42,425 | Indonesia | 2023 |
Medan metropolitan area | 5,216,400 | 3,189.25 | 31,706 | 6,078 | 101,544 | 19,466 | Indonesia | 2023 |
George Town Conurbation | 2,843,344 | 3,764.27 | 30,201 | 10,618 | 80,139 | 27,242 | Malaysia | 2020 |
Semarang metropolitan area | 7,069,404 | 5,453.99 | 29,464 | 4,168 | 94,362 | 13,348 | Indonesia | 2023 |
Makassar metropolitan area | 3,332,415 | 3,778.92 | 21,472 | 6,443 | 68,767 | 20,635 | Indonesia | 2023 |
Johor Bahru Conurbation | 2,436,388 | 4,954.00 | 21,432 | 8,797 | 57,446 | 23,578 | Malaysia | 2020 |
Batam metropolitan area | 1,917,952 | 3,432.70 | 18,484 | 9,637 | 59,196 | 30,864 | Indonesia | 2023 |
Hai Phong | 2,105,000 | 1,526.52 | 17,435 | 8,289 | 51,107 | 24,300 | Vietnam | 2023 |
Malang metropolitan area | 3,801,089 | 3,835.90 | 15,873 | 4,176 | 50,837 | 13,374 | Indonesia | 2023 |
Palembang metropolitan area | 2,683,669 | 9,886.66 | 15,433 | 5,750 | 49,426 | 18,417 | Indonesia | 2023 |
Yangon Region | 7,360,510 | 10,276.70 | 14,986 | 2,036 | 54,809 | 7,451 | Myanmar | 2021 |
Denpasar metropolitan area | 2,301,887 | 1,928.28 | 12,108 | 5,260 | 38,778 | 16,846 | Indonesia | 2023 |
City | Population | Area (km2) | GDP Nominal | GDP PPP | Country | Year | ||
---|---|---|---|---|---|---|---|---|
(in million $) | Per capita | (in million $) | PPP Per Capita | |||||
Singapore | 5,670,180 | 734.30 | 396,992 | 72,794 | 635,270 | 116,487 | Singapore | 2021 |
Jakarta | 10,558,090 | 664.01 | 225,880 | 21,166 | 724,010 | 67,842 | Indonesia | 2021 |
Bangkok | 9,034,000 | 1,568.73 | 167,935 | 18,589 | 447,909 | 49,582 | Thailand | 2021 |
Manila | 13,967,363 | 636.00 | 124,966 | 8,947 | 321,009 | 22,984 | Philippines | 2021 |
Ho Chi Minh City | 9,165,800 | 2,061.20 | 56,079 | 6,118 | 173,661 | 18,947 | Vietnam | 2021 |
Kuala Lumpur | 2,079,259 | 243.00 | 55,839 | 26,855 | 145,418 | 69,937 | Malaysia | 2021 |
Hanoi | 8,330,800 | 3,359.82 | 46,096 | 5,533 | 142,747 | 17,135 | Vietnam | 2021 |
Surabaya | 2,896,330 | 350.56 | 41,252 | 14,322 | 124,033 | 43,062 | Indonesia | 2021 |
Bandung | 2,507,350 | 167.31 | 20,766 | 8,466 | 62,437 | 25,455 | Indonesia | 2021 |
Medan | 2,280,370 | 265.10 | 17,802 | 7,234 | 53,525 | 21,750 | Indonesia | 2021 |
The economy of Indonesia is a mixed economy with dirigiste characteristics, and it is one of the emerging market economies in the world and the largest in Southeast Asia. As an upper-middle income country and member of the G20, Indonesia is classified as a newly industrialized country. Indonesia nominal GDP reached 20.892 quadrillion rupiah in 2023, it is the 16th largest economy in the world by nominal GDP and the 7th largest in terms of GDP (PPP). Indonesia's internet economy reached US$77 billion in 2022, and is expected to cross the US$130 billion mark by 2025. Indonesia depends on the domestic market and government budget spending and its ownership of state-owned enterprises. The administration of prices of a range of basic goods also plays a significant role in Indonesia's market economy. However, micro, medium and small companies contribute around 61.7% of the economy and significant major private owned companies and foreign companies are also present
The SIJORI was established in 1994 between three countries, Indonesia, Malaysia and Singapore, to strengthen economic links in the region and optimise the complementarity between the three countries. It started off as the SIJORI Growth Triangle in 1989, which includes Singapore, Johor (Malaysia), and Riau Archipelago, a part of Riau Islands Province (Indonesia).