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APEC at a Glance, 2022

Cover_APEC at a glance_2022
Published Date February 2023
Type of Publication Brochures
Publication Under APEC Secretariat
Accessed 242
Pages 2
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The Asia-Pacific Economic Cooperation, or APEC, is a regional economic forum comprised of 21 economies located along the Pacific Rim. The APEC region is home to 38 percent of the world’s population and represents approximately 48 percent of trade in goods and services as well as 62 percent of world GDP. APEC’s strength is its voluntary, non-binding and consensus-building principles, which provide members a forum for discussion and agreement leading to commitments and policy action. This publication gives an overview of APEC's goals, what it does, how it operates, and what makes it different.