7 Key Facts About the ASEAN-10 Countries

Countries such as Vietnam, Laos, Myanmar and Cambodia have the lowest labor cost. Source: Doing Business in ASEAN, DEZAN SHIRA & ASSOCIATES

Indonesia, Philippines and Vietnam are the top 3 most populous countries in South East Asia. Source: ASEAN Statistics

Singapore has the highest GDP per capita, followed by Brunei, Malaysia, Thailand, Indonesia and Philippines. Source: EY – “Rediscover ASEAN: A growth story of 10 countries”

Countries such as Myanmar, Laos, Cambodia, Philippines and Vietnam have over 6% estimated GDP growth rate in 2016. Source: EY – “Rediscover ASEAN: A growth story of 10 countries”

Singapore has the lowest Corporate tax and Individual tax within ASEAN countries.

Source: EY – “Rediscover ASEAN: A growth story of 10 countries”
For more information, please contact:
Nhung Tran | Asia Pacific Tax Desk | Global Tax Desk Network, Americas
Ernst & Young Professional Services Inc.
Direct: + 1 416 943 2460 | nhung.tran@ca.ey.com

	Brunei	Cambodia	Indonesia	Laos	Malaysia	Myanmar	Philippines	Singapore	Thailand	Vietnam
1	Mineral Products	Textiles	Mineral Products	Mineral Products	Machines	NA	Machines	Machines	Machines	Machines
1	92%	24%	24%	27%	50%		63%	42%	35%	41%
2	Chemical Products	Machines	Machines	Wood Products	Mineral Products	NA	Mineral Products	Mineral Products	Transportation	Textiles
2	2.2%	14%	12%	23%	15%		4.6%	16%	12%	16%
3	Machines	Mineral Products	Animal & Vegetable Bi-products	Metals	Plastics and Rubbers	NA	Instruments	Chemical Products	Plastics and Rubbers	Footwear & Headwear
3	1.6%	9.3%	9.8%	14%	5.5%		4.6%	16%	11%	9%

Source: Observatory of Economic Complexity http://atlas.media.mit.edu/en/

2017-08-23T05:32:27+08:00