Fast Facts: Asean economy

604.8 million

Estimated Asean population as of 2011

$2.339 trillion

Estimated GDP of Asean in 2012

$2.4 trillion

Total Asean trade in 2011

2015

Target year for Asean Economic Community (AEC), which envisions free flow of goods, services, investment, capital and labor throughout the region

5.3% or $69 billion

Estimated increase in Asean economic welfare, relative to baseline, as a result of AEC

43%

Estimated exports growth in many manufacturing sectors as a result of the AEC

Sources: Asean website, Realizing the Asean Economic community: A Comprehensive Assessment by Michael G. Plummer and Chia Siow Yue, Asean community in Figures 2012, Inquirer Archives