Underlying Data.xlsx

The GDP of ASEAN member states is crucial for determining their economic growth. Factors such as foreign direct investment (FDI), tourism, banking credit, and inflation rates play a significant role in boosting GDP. High inflation can lead to economic instability, particularly for developing countries like those in ASEAN. The ASEAN Economic Community (AEC) aims to address these issues by promoting tourism, increasing investment, and offering low-interest credit to businesses. A study was conducted to analyze the impact of FDI, foreign visitors, bank credit, and inflation on the GDP of ASEAN member nations. The findings revealed that while inflation has a negative impact on GDP, FDI, tourism, and bank credit have a positive impact.