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Philippines and Malaysia Are Expected to See the Highest Population Growth in ASEAN

#Singapore and #Thailand have the largest share of population in the labor force | #ChartOfTheDay


 

  • Singapore and Thailand have the largest share of their population in the labor force, above 70%
  • They also have a larger share of oldies compared to the other three ASEAN countries

 


#Philippines and #Malaysia are expected to see the highest population growth in #ASEAN | #ChartOfTheDay


 

  • By 2050, Indonesia, Malaysia, and the Philippines are expected to have seen 25-48% population growth and relatively high labor force participation
  • This gives an optimistic outlook for economic growth in ASEAN

 


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