Fastest developing countries in Asia (1980-2020)
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Fastest developing countries in Asia (1980-2020)
Data: IMF report, 2021
Asia comprises more than 4.5 billion people, accounting for 60% of the world population, living in 49 different nations and dependences. Asia is the fastest growing economic region, as well as the largest continental economy by both GDP Nominal and PPP in the world. Moreover, Asia is the site of some of the world's longest modern economic booms, starting from the Japanese economic miracle (1950–1990), Miracle on the Han River (1961–1996) in South Korea, economic boom (1978–2013) in China, Tiger Cub Economies (1990–present) in Indonesia, Malaysia, Thailand, Philippines, and Vietnam (1991–present).
As in all world regions, the wealth of Asia differs widely between, and within, states. This is due to its vast size, meaning a huge range of different cultures, environments, historical ties and government systems. 85% of Asia's GDP is distributed in #the10largest economies. The economic scale of the region is constantly increasing.
#TOP10Channel presents in this video the Fastest developing countries in Asia through out 40 years from 1980 to 2020
Data: IMF report, 2021
Asia comprises more than 4.5 billion people, accounting for 60% of the world population, living in 49 different nations and dependences. Asia is the fastest growing economic region, as well as the largest continental economy by both GDP Nominal and PPP in the world. Moreover, Asia is the site of some of the world's longest modern economic booms, starting from the Japanese economic miracle (1950–1990), Miracle on the Han River (1961–1996) in South Korea, economic boom (1978–2013) in China, Tiger Cub Economies (1990–present) in Indonesia, Malaysia, Thailand, Philippines, and Vietnam (1991–present).
As in all world regions, the wealth of Asia differs widely between, and within, states. This is due to its vast size, meaning a huge range of different cultures, environments, historical ties and government systems. 85% of Asia's GDP is distributed in #the10largest economies. The economic scale of the region is constantly increasing.
#TOP10Channel presents in this video the Fastest developing countries in Asia through out 40 years from 1980 to 2020