Rapid Population Growth in Southeast Asia

Southeast Asia is a relatively small region compared to other parts of the world. Despite its size, it has the potential to become a growth engine for both local and global companies. This is because sustainable growth opportunities are increasingly difficult to find globally.

Southeast Asia accounts for only 2.6% of the global land area. However, it is home to 8.3% of the world's population. This population is growing faster than that of the United States, the United Kingdom, and China.

Over the past five years, population growth in Southeast Asian countries has outpaced that of the US, UK, and China. The average population growth in Southeast Asia is 5.8%. The Philippines, with a growth rate of 8.2%, has the highest rate among Southeast Asian countries. Indonesia's population grew by 5.9%, just below Malaysia's 7.9%.

(Read Databoks: [Indonesia's Urbanization Rate in the Medium Category](https://databoks.katadata.co.id/datapublish/2019/10/08/tingkat-urbanisasi-indonesia-dalam-kategori-menengah))