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Fortune

Angelica Ang

Asia will get steady growth next year, defying global headwinds, says Mastercard’s chief APAC economist

David Mann Mastercard Asia APAC SouthEast Asia Thailand Americas ASEAN Europe Indonesia

(Credit: DIDIER MARTI FOR GETTY IMAGES)

Despite growing geopolitical tensions and the onslaught of U.S. tariffs, economic growth in the Asia-Pacific region is expected to hold steady in 2026. According to a Dec. 10 report released by the Mastercard Economics Institute (MEI), real GDP growth in the region is set to ease marginally to 3.1% in 2026, compared to 3.2% in 2025.

“The actual contributions to global growth come more from the Asia-Pacific region than they do from the Americas or Europe,” says David Mann, Mastercard’s chief APAC economist, in an interview with Fortune.

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