Asia’s GDP expected to grow 4.5 pct in 2025: report

The weighted real GDP growth rate of Asia is projected to reach 4.5 percent in 2025, an increase from 4.4 percent in 2024, according to a report released by the Boao Forum for Asia on Tuesday. “Despite increasing global economic uncertainty, Asia has remained a key growth engine for the world economy,” said the report titled Asian Economic Outlook and Integration Progress.

At purchasing power parity, the ratio of Asia’s GDP among the global total is expected to rise from 48.1 percent in 2024 to 48.6 percent in 2025, the report stated.

The overall employment and income situation in Asia is improving, with the unemployment rate projected at 4.39 percent in 2025, lower than the global rate of 4.96 percent, according to the report.