Asia's GDP expected to grow 4.5 pc in 2025: report

BOAO, HAINAN: The weighted real GDP growth rate of Asia is projected to reach 4.5% in 2025, an increase from 4.4% 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," stated the report titled *Asian Economic Outlook and Integration Progress*.

At purchasing power parity, the proportion of Asia's GDP in the global total is expected to rise from 48.1% in 2024 to 48.6% in 2025, the report noted.

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

By RSS/Xinhua