Which is the largest economy of Asia
China
China has the largest economy in Asia, with a GDP of over $18 trillion.
What rank is China in the world economy
#2
Top 10 Largest Economies in the World 2023
| Rank & Country | GDP (USD billion) | GDP Per Capita (USD thousand) |
|---|---|---|
| #1 United States Of America (U.S.A) | 26,854 | 80.03 |
| #2 China | 19,374 | 13.72 |
| #3 Japan | 4,410 | 35.39 |
| #4 Germany | 4,309 | 51.38 |
What are the 5 largest economies in Asia
List of Asian countries by GDP. China is the largest economy in Asia, followed by Japan, India, South Korea, and Indonesia. These five together hold a huge 76.5% share of the Asian economy. Timor-Leste is the smallest economy in Asia.
Which is the richest country in Asia
The finance website selected the 21 richest countries in Asia based on total wealth, duly ranking the list in ascending order of wealth. China topped the list with total wealth of US$85,107 trillion in 2021, followed by Japan with US$25,692 trillion and India with US$14,225 trillion.
Which is the strongest economy in ASEAN
Indonesia is a growing power house in Southeast Asia. A member of the G20, Indonesia's GDP stands at US$1 trillion, the largest in the region.
Is ASEAN the largest economy in the world
ASEAN averaged an annual GDP growth rate of 4.1% between 2012 and 2021. With a combined population about 664 million, ASEAN's GDP was about US$3.3 trillion in 2021. If considered as a single entity, ASEAN is the third largest economy in Asia, and the fifth largest in the world after the US, China, Japan and Germany.
What is the economy of Vietnam ranked
36
Worldwide gross domestic product in 2022 was at about 12,749 USD per capita. GDP in Vietnam, on the other hand, reached USD 4,194 per capita, or 408.80 billion USD for the whole country. Vietnam is therefore currently ranked 36 of the major economies. Inflation in Vietnam in 2022 was around 3.16%.
What does China rank #1 in
Industry
| Field | Rank | Date |
|---|---|---|
| Coal production, 3,411.0 million tons | 1 | 2016 |
| Fluorite production, 3,000,000 tons | 1 | 2006 |
| Gold production, 455 tonnes | 1 | 2016 |
| Iron production, 375,000,000 tons | 3 | 2015 |
Which is the No 1 poorest country in Asia
North Korea
North Korea. North Korea may actually be the poorest country in Asia, but the nation's notoriously secretive government rarely shares its data, so economists much rely upon expert estimates. Poverty in North Korea is attributed to poor governance by the totalitarian regime.
What is the top 5 poorest countries in Asia
Poorest Countries in AsiaTimor-Leste.Bangladesh. GDP Per Adult in 2021: $3,333.Uzbekistan. GDP Per Adult in 2021: $3,063.Cambodia. GDP Per Adult in 2021: $2,538.Pakistan. GDP Per Adult in 2021: $2,366.Kyrgyzstan. GDP Per Adult in 2021: $2,126.Yemen. GDP Per Adult in 2021: $2,073.Myanmar. GDP Per Adult in 2021: $1,973.
Is Vietnam richer than Indonesia
Economy. Vietnam has a GDP per capita of $8,200 as of 2020, while in Indonesia, the GDP per capita is $11,400 as of 2020.
What is the 2nd largest economy in ASEAN
List 2021
| Rank | Country | GDP (PPP) millions of USD |
|---|---|---|
| — | ASEAN | 9,070,441 |
| 1 | Indonesia | 3,566,283 |
| 2 | Thailand | 1,343,727 |
| 3 | Singapore | 635,270 |
Is Vietnam a rich or Poor country
Vietnam's shift from a centrally planned to a market economy has transformed the country from one of the poorest in the world into a lower middle-income country. Vietnam now is one of the most dynamic emerging countries in East Asia region.
Is China 1st or 2nd
The United States, Canada, Japan, South Korea, Taiwan, Western European nations and their allies represented the "First World", while the Soviet Union, China, Cuba, North Korea, Vietnam and their allies represented the "Second World".
Is China Tier 1 country
Tier-1 Countries
Other countries such as Ireland, Iceland, Netherlands, Singapore, Hong Kong, France or China could also be considered in this group. Cons of Tier 1 countries: 1.
Is Vietnam a poor country
The World Bank In Vietnam. Vietnam's shift from a centrally planned to a market economy has transformed the country from one of the poorest in the world into a lower middle-income country. Vietnam now is one of the most dynamic emerging countries in East Asia region.
Is Vietnam poor than India
Vietnam has a GDP per capita of $8,200 as of 2020, while in India, the GDP per capita is $6,100 as of 2020. In Vietnam, 3.1% of adults are unemployed as of 2018. In India, that number is 8.5% as of 2017. In Vietnam, 6.7% live below the poverty line as of 2018.
Is Vietnam or Indonesia better
Attractions. Vietnam could be a better choice for travelers looking to get the most out of their itinerary due to the variety of activities and attractions. However, tourists who are looking to relax and enjoy some natural and cultural attractions are bound to appreciate what Indonesia has to offer.
What are the big 5 of ASEAN
It was established in 1967 among five of these countries (Indonesia, Malaysia, Thailand, Singapore, and the Philippines) to facilitate trade and economic growth, as well as promote cultural development and social structures in the region. To date, they have been joined by another five nations.
What rank is Vietnam in the world
With a GDP of over 363 billion USD and a population of more than 98.2 million, Vietnam stands at the 30th position in the rankings, only after Singapore (26th position) among the Southeast Asian countries. Meanwhile, Indonesia is ranked 33rd and Thailand 36th.
Is Vietnam richer than Thailand
In terms of GDP per capita, for many years, Thailand's GDP has always been larger than that of Vietnam. Specifically, in the period 2018-2021, Thailand's average GDP (7,800 USD/year) is about 3 times that of Vietnam (2,740 USD/year).
Is Vietnam in the Third World
The United States, Canada, Japan, South Korea, Taiwan, Western European nations and their allies represented the "First World", while the Soviet Union, China, Cuba, North Korea, Vietnam and their allies represented the "Second World".
Is Japan a Tier 2 country
JAPAN (Tier 2)
The Government of Japan does not fully meet the minimum standards for the elimination of trafficking but is making significant efforts to do so.
How rich is Vietnam in the world
The economy of Vietnam is a developing mixed socialist-oriented market economy, which is the 36th-largest in the world as measured by nominal gross domestic product (GDP) and 26th-largest in the world as measured by purchasing power parity (PPP) in 2022.
Is Vietnam ASEAN 5
“ASEAN” refers to Brunei Darussalam, Cambodia, Indonesia, Lao People's Democratic Republic, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam, unless otherwise specified. “ASEAN-5” refers to Indonesia, Malaysia, the Philippines, Singapore, and Thailand.
