Fastest Growing Major Asian Economies 2024 | Top 10 Asian Economies 2024 | Facts Nerd
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Top 10 Fastest Growing Major Asian Economies 2024
Top 10 Asian Economies 2024
Real GDP Growth Rate 2024
This video shows 10 of the Fastest Growing Major Asian Economies for the year 2024. The ranking is based on the projected Real GDP Growth Rate of each countries.
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Sources:
www.imf.org
www.wikipedia.com
www.adb.org
asia.nikkei.com
www.worldbank.org
Abbreviations:
GDP - Gross Domestic Product
PPP - Purchasing Power Parity
UAE - United Arab Emirates
IMF - International Monetary Fund
Attributions:
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Пікірлер: 119
India and Philippines. 👏💯
@arijitghosh1151
Ай бұрын
❤❤
@frank-js9nf
Ай бұрын
Philippines is too small , useless
@SathyaswamyS
Ай бұрын
India is a failed country with no future.
Both india and the philippines are consumer based economies! I wouldnt be surprise if india will surpass china as the 2nd biggest economy in the world! Congrats!!
@indian511
Ай бұрын
Sorry but you are wrong India export to GDP ratio is 22.7% , while china has 20%, and USA is 10.8% so USA is consumer based economy but china and India is not consumer based economy they are hybrid economy where a great chunk come from export and Germany is export based economy with 50% export to GDP ratio.
@JaiShreePrabhuRamlala
Ай бұрын
@@indian511 china is an export based economy , only 40% is consumer based there . india is more of a consumer based slowly shifting towards export based . get your facts correct
@JaiShreePrabhuRamlala
Ай бұрын
india is like 30 yr behind china . ain't no way even in next 25 yr india able to reach 80% of China's gdp let alone surpassing them. ok, this is coming from an indian.
@indian511
Ай бұрын
@@JaiShreePrabhuRamlala insted of showing me fake data go and check export to GDP ratio and thank me later.
@JaiShreePrabhuRamlala
Ай бұрын
@@indian511 i had checked it and both are near 20% . ok , now check the (domestic consumption % per gdp) of us , china and india. then u will know the actual reality of which country are ok with their domestic production or doesn't have a good internal consumption like china .
The Philippines lags in FDI and has a smaller export and manufacturing base sector compared to its neighbors, but manages to outgrow them.
@TenCo-by9pf
Ай бұрын
Correction, Philippines have many many big manufacturing industries, in fact The Philippines is one the largest producer of chip semi conductor in the world, The Philippines is one of the leading exporter of electrical & electronics products on Earth.
@abcdefkkk123aa
Ай бұрын
@@TenCo-by9pf lol 555😂😂😂
*Malaysia 🇲🇾 have a new government new Prime Minister new good policies onward*
@말라유
Ай бұрын
malaysia is the best
@prabarau2531
Ай бұрын
Malaysia's new government is good for nothing. Country continuously getting backward
@abujahal3778
Ай бұрын
banyak krn org asing klo andalkan org malaysia makan batu berjemaah😂😂😂
@nazgulblack7859
Ай бұрын
But Malaysia is religious fanatic so it's still a problem
@nazgulblack7859
Ай бұрын
Malaysia is a poor and Muslim country 😂
The progress and prosperity of a country can be seen from the GDP per capita of its citizens,... here you can see that India and Bangladesh are still very poor compared to other Asian countries
@AO-fl6se
Ай бұрын
Did u see our population we are growing ok other than india is more rich than most of others
@MrinangoCHAKRABORTY9103
Ай бұрын
It sums up your knowledge. small nations like Taiwan, Luxembourg has much much higher per capita than China....doesn't mean they're better than China. Having big population and maintaining higher growth is very tough.
Indonesia 🇮🇩
@말라유
Ай бұрын
betul 47jt tki tkw babu kuli
@Being_Human946
Ай бұрын
@@말라유 iya iya deh iyaaa negara indo negara babu sdgkn malayinsial neg majuu iyaaa iyaa deh iyaaa,,.gmn seneng kann ati luu skr
@abujahal3778
Ай бұрын
@@말라유dri pada km jadi babu cina india😂😂😂 gak ada org indonesia ato org asing malaysia makan pasir dan melayu tdk mampu buat apa2 dan rata2 org melayu punya rumah sewa bukan punya pribadi.,,selamat jdi babu cina india dan jgn pikir melayu akan pernah maju😂😂 skrg aja org indonesia udh berkurang di malaysia
@Indonesia-ew8lv
Ай бұрын
@@말라유 Malaysia negara kaya Tania, mendunia, berbise
Go Philippines
India❤Philipines
Philippines is continuously her reign as the fastest GDP growth in South East Asia. Philippines is progressing fast poised to become 1st world country.
@gilbertpaway1783
Ай бұрын
Perhaps of rapid,,and rampant corruption, here in the Philippines, like POGO, and other ghost project, ,the Philippines still going to reign the economy, , but sad to say a lot of pilipino people, no job and hopeless
@johnaronsolmiano1365
Ай бұрын
@@gilbertpaway1783 Unemployment rate in Philippines is 3% not too high
@TenCo-by9pf
Ай бұрын
In your dreams FYI there have many many jobs opportunities here in Philippines like the booming international Call Center, IT etc.. that is why the Philippines today is dubbed as the Call Center Capital of the World, the middle class Filipino families are on the rise now a days.
@FairyHodum-bw8py
Ай бұрын
今日最搞笑😂
@etol2137
Ай бұрын
Gdp growt bye population.. not standard of living..an like vietnam is better per capita than phlipines😂
Just a big advice for you !!!! Please use correct map of india
@factsnerd
Ай бұрын
This is noted. The featured map though is not a formal map. Nevertheless, we will use a more accurate map in our future videos. Thank you.
India dan Philipina, keren 👍
4:13 SO GREEN
Usually per capita is better, meaning did the growth helped the people?
GOD Richly BLESS the PHILIPPINES everyday!! The PHILIPPINES is fast approaching to become 1st WORLD Country!!
@nazgulblack7859
Ай бұрын
The Philippines is only a fifth world country. You Don't dream 😂
@jy3754
Ай бұрын
Only $4000 of GDP per capita. Maybe next century will Philippines even achieve middle income status 😂
India already joined the league. 1st world country. No.1 economy in Asia. By next year no.1 economy in the world
@jy3754
Ай бұрын
1st world my ass. Many African countries are richer than India. GDP per capita is the true indicator of wealth. India with only $2500 of GDP per capita is poor 😂😂😂
Stop spreading distorted map of India. J&k is an integral part of India. Better digest the fact & restore the original map of India
Wrong info India's 8.2% growth rate
🇮🇳India🤝philipines🇵🇭congrts😇
WTF!?? India's GDP growth rate was 8.2% for 2023-24 bro😂😂 check latest data
Wow Philippines 2
India is no.1👍 India is also the superpower of the future. Actually, it already is.
@SathyaswamyS
Ай бұрын
Nice joke
The Philippines is an enigma, it is a consumer based economy. It should be an agriculture based economy and this should be well and good with the roads and transport infrastructure development but the reverse is happening, food products are becoming expensive. Even when corruption is rampant, something is right too economically speaking, or God is showing us where the wrong is being committed - right under our noses.
@factsnerd
Ай бұрын
Isn't it weird? With all the corruption and political instability, the Philippines is still growing at an unprecedented pace. I wonder how fast the Philippines will grow without all these negative factors.
..❣️🇧🇩🤝🏻🇮🇩💖.. ..❤🇧🇩🤝🏻🇨🇳💖..
@SaikatMaji2000
Ай бұрын
India❤Philipins😊
Go philippines economy
Growing rate of economic of 🇻🇳 is 6.94% on a half of 2024, predict reach 7% for 2024 of total 😂😂😂
this is real ?
Bangladesh
@easyelectronic2261
Ай бұрын
Bangladesh is now far behind India in terms of GDP growth rate.
@GermanShepherd19
Ай бұрын
@@easyelectronic2261 They were always behind nothing new
@easyelectronic2261
Ай бұрын
@@GermanShepherd19 Yeah that's for sure.
@KoKo-gu3dh
Ай бұрын
Yes Bangladesh economy is starting to ramp up!
@ERa_7
Ай бұрын
Kangladesh
Why not see Cambodia?
@factsnerd
Ай бұрын
Cambodia actually has a rapidly growing economy. However, its economy is too small to be considered a Major Asian economy. Currently, Cambodia is at 101st place (out of 192 economies) in terms of Nominal GDP.
@Elmer0412
Ай бұрын
To finish this discussion put cambodia to place #11 😂
@TinNongTheGioi-ex9es
Ай бұрын
canbodia is not small..cambodia is king of asian
@Siiutaam
Ай бұрын
@@TinNongTheGioi-ex9esYou not Cambodian right ?? 😏
@TinNongTheGioi-ex9es
Ай бұрын
china
Great country count by highest " Per Capita ". Thats shows the true colour
@Kriis.Krishna
Ай бұрын
Nope GDP PPP per capita is the appropriate one. But then again cost of living is different in different countries. It gets complicated so we stick with gdp
@RobertK-nn3hj
Ай бұрын
@@Kriis.Krishna India imports a lot , so PPP is not accurate.
Bangladesh GDP declined in large number Bangladesh GDP supposed to be 546 billion now with 86tk per dollar rate but now it's 118tk Bangladesh lost almost 40% it's GDP due to high corruption, money laundering, trade deficit and inflation
Yes it because after marcos era the philippines economy are slowly down .But the late administration of the philippines are support the project or the blueprint of late pres.marcos even china economy can surpass by the philippines because philippines is next to japan after world war 2 in terms in economy and military power thats why china are so affraid to philippines during late pres.Marcos Sr.one and greatest president of all time.Philippines is the first asean country that have a nuclear power plant and first asean country with lrt mega infrastructure and first country that develop missiles and china that time was not fully developed their missile compare to the philippines that have a succesful test in launching messiles
The Philippines is just dreaming 😂
@pedrolimpin
Ай бұрын
YOU A NIGHTMARE., KNOW NOTHING ABOUT ECONOMY
Việt Nam là nước nghèo cực khổ quá.. người dân nghèo không có cơm ăn nữa.sao mà GDP cao gì
😂😂Indias stats don't live up to the reality, maybe we should ask how many top trading partner to india there is out there
where cambodia..20% 2024
after the vietnam war ended,, vietnam was a poorest country on earth,, 1990s thailand and philipine economies are 10 times or more bigger than vietnam,,,, look at now,,,, gdp of vietnam as big as philipine and almost catch up with thailand,,,,,
@med2517
Ай бұрын
Vietnam should be technically bigger in economy especially by gdp per capita because vietnam demographics is in ageing stage at 32 ave and labor force population is much bigger which is 52 million than the philippines' 50 million. So vietnam must grow faster or it might have a problem like other aging countries before it get rich. Unlike philippines is still young at 25 and is just starting to benefit from demographic dividend. A few years from now, it will surpass vietnam by labor force population and that will start to even grow more and faster. But of course philippines need to create jobs for that to happen but since it allows its labor force to be exported, it can mitigate its lacking of job creation.
stupid report ... Dislike .
Wrong info India's 8.2% growth rate
@peterneil6859
Ай бұрын
How??? Self praise, boasting will not make india strong...🤓🤪🤓
@Shiva-nx1tn
Ай бұрын
he is right gdp growth rate of India in 2024 is 8.4% while in 2023 it was 7.2% while Full Year GDP Growth in India averaged 6.33 percent from 2006 until 2024, reaching an all time high of 9.70 percent in 2022 and a record low of -5.80 percent in 2021. This page includes a chart with historical data for India Full Year GDP Growth. @@peterneil6859
@Asura_clan
28 күн бұрын
@@peterneil6859 with wrong information it will still gonna grow with 8.2% anyways