Poorest Asian Countries : GDP Per Capita (1960 – 2021) | thailand gdp growth rate

Poorest Asian Countries : GDP Per Capita (1960 – 2021)


นอกจากการดูบทความนี้แล้ว คุณยังสามารถดูข้อมูลที่เป็นประโยชน์อื่นๆ อีกมากมายที่เราให้ไว้ที่นี่: ดูความรู้เพิ่มเติมที่นี่

The following video compares Poorest Asian Countries by GDP Per Capita from year 1960 to 2021. This video also compares poorest Asian country’s nominal GDP per income, GDP ratio, economic statistic and etc.
Asian Countries are:
Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, Vietnam, India, Bangladesh, Pakistan, Nepal, Bhutan, Sri Lanka, Maldives, Afghanistan, Bahrain, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, Syria, Turkey, UAE, Yemen, China, Japan, Mongolia, South Korea, North Korea, Taiwan, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, Uzbekistan, Azerbaijan, Georgia, Armenia and East Timor.
Music Credits:
YouTube Audio Library
Software Used :
https://app.flourish.studio
Sources:
IMF \u0026 World Bank.

Poorest Asian Countries : GDP Per Capita (1960 - 2021)

World Bank cuts Thailand’s GDP growth outlook to 1% in 2021


The World Bank has said that Thailand’s economy is forecast to grow 1% this year, down from the 2.2% projected in July, hit by a spike in COVID19 cases and a delayed reopening to visitors.

World Bank cuts Thailand’s GDP growth outlook to 1% in 2021

GDP per Capita of ASEAN [1980-2026] – IMF Projection


GDP per Capita of ASEAN [19802026]
SUBSCRIBE to VISUAL WORLD: http://shorturl.at/ciHRX
Data Link: https://www.imf.org/external/datamapper/NGDPDPC@WEO/OEMDC/ADVEC/WEOWORLD
Info Source: Wikipedia, Edited by Visual World
In economics, gross domestic product, or GDP is the market value of all final goods and services produced within a country. certain territory (usually a country) for a certain period of time (usually a year).
GDP per capita, or Gross Income per capita of a country, is calculated by dividing gross domestic product (GDP) by the midyear population.
Data is in current US dollars.
However, for a more accurate calculation, many countries apply the calculation of GDP per capita for local residents (understood as adding temporary and permanent foreigners with business workers in the territory and minus citizens). to work abroad for business).
GDP per capita shows the value of economic production that can be attributed to each citizen.
In other words, it reflects a country’s level of wealth, as the market value of GDP per capita can also serve as a measure of prosperity.
A country can have consistent economic growth but if the population grows faster than GDP, GDP per capita growth will be negative. This is not a problem for most advanced economies, as their economic growth can still outstrip their population growth.
However, countries with low levels of GDP per capita including many in Africa can have rapidly growing populations with little GDP growth leading to a gradual decline in living standards.
According to the International Monetary Fund’s 2020 estimate, the GDP per capita of Southeast Asia is $4,685, equivalent to South Africa, Iraq and Georgia.
About Singapore, the country with the highest GDP per capita in ASEAN today
The biggest advantage that made Singapore superior to other countries in this period was its geographical location.
The country is located on an important trade route connecting Asia and Europe. This is also one of the important reasons why the British Empire decided to colonize this small area in 1819.
While many countries tried to distance themselves from the colonial empires, Singapore maintained a fairly close relationship with Britain, even after it gained independence in 1965.
This has led Singapore to build an image of an open economy with investors as well as access to resources from the West.
This is an extremely important factor as exports play a key role in promoting economic growth. However, at that time, not many countries realized the importance of exports.
It is thanks to the importance of exports that Singapore has become one of the four \”tigers\” in Asia when trade has grown strongly since the 1960s.
Many economic experts believe that the strong growth of these four economies is mainly due to exports, industrialization along with the right policies from the leaders.
About Brunei Darussalam, the the leading GDP per capita country in Southeast Asia
Brunei is a twopart Southeast Asian country with a total area of 5,765 square kilometers (2,226 sq mi) on the island of Borneo. The country has 161 kilometers (100 mi) of coastline bordering the South China Sea, and has a 381 km (237 mi) border with Malaysia.
About 97% of the population lives in the wider western part of the country, and only about 10,000 people live in the hilly eastern part. Brunei’s total population is approximately 408,000 as of July 5, 2010, of which approximately 150,000 live in the capital, Bandar Seri Begawan.
Brunei has a fairly prosperous economy, based mainly on oil and gas exports.
It is estimated that oil and gas income accounts for 80% of the total income of the whole economy and about 90% of export income.
About 167,000 barrels (26,600 m3) of oil are produced each day, making Brunei the fourthlargest oil producer in Southeast Asia.
The country also produces approximately 25.3 million cubic meters (895×108 cubic feet) of liquefied natural gas per day, making Brunei the ninth largest exporter of this resource in the world.
Brunei’s annual per capita income is much higher than that of Southeast Asian economies and is ranked among the highest among third world economies.
To get more of our Statistics and Infovideos, please support us by Subscribing to our Channel, and hit the like button for Youtube Algothithm.
Big Thank you!

💡 Visual World is a youtube video channel about Data Statistics and educational related content. We use widely shared Visual Data from the World Bank, Wikipedia… to make intuitive, vivid charts for you.
❤️ We aim for a community that shares information, captures and understands data, as well as financial prosperity and happiness in life.
🔔 SUBSCRIBE – So you won’t miss us: http://shorturl.at/ciHRX

GDP per Capita of ASEAN [1980-2026] - IMF Projection

WTF!!!!!!!??????? My mirror reflection got WEIRD!! | RATE vs RATE


▼Thanks for watching! Please subscribe!!
http://www.youtube.com/channel/UC8vlFSlvo5vtc_TNDNlSJwQ?sub_confirmation=1
▼WATCH MORE MIRROR VIDEOS!▼
Part1: WTF!!!!!!!??????? My mirror reflection is CRAZY!
https://youtu.be/_k6Yj03Ipmo
Part2: WTF!!!??? Mirror gives me MYSTERY PRESENT!
https://youtu.be/yEGIjcD1GhQ
Part3: WTF!? My mirror reflection is MARIO?!
https://youtu.be/v5hv7lMRdds
Part4: WTF!!!???!!!????? My mirror reflection is a SAMURAI WARRIORS!?
https://youtu.be/6BwPf4r7ZwI
Thank you for your attention! I am a Japanese video producer, and I post new videos once a week. Your views, comments, and channel registrations are a constant source of motivation to me! I plan to continue uploading videos, so thank you in advance for your continued support of RATE VFX channel.

WTF!!!!!!!??????? My mirror reflection got WEIRD!! | RATE vs RATE

Vietnam Economy- The Next China?


China +1 Strategy: https://youtu.be/31QS8cB4KEE
In just two decades Vietnam’s exports have skyrocketed. In the same time period, their GDP per capita also took a big jump from from 3 And, this is probably the only nation in Southeast Asia whose economy remained in a good shape despite the pandemic.
In 1986 Vietnam launched a political and economic innovation campaign Doi Moi that introduced reforms intended to facilitate the transition from a centralized economy to a \”socialistoriented market economy. Doi Moi combined government planning with freemarket incentives. This was similar to what China was doing at that time. At first the program abolished agricultural collectives, removed price controls on agricultural goods, and enabled farmers to sell their goods in the marketplace. It encouraged the establishment of private businesses and foreign investment, including foreignowned enterprises. By the late 1990s, the success of the business and agricultural reforms under Doi Moi was incredible. More than 30,000 private businesses had been created, and the economy was growing at an annual rate of more than 7 percent. From the early 1990s to 2005, poverty declined from about 50 percent to 29 percent of the population. However, progress varied geographically, with most development concentrated in urban areas. While the country has shifted toward a more marketoriented economy, the Vietnamese government still continues to hold a tight rein over major sectors of the economy, such as the banking system, stateowned enterprises, and areas of foreign trade.
Also from the last 2030 years Vietnam invested a lot in its human capital and infrastructure. Vietnam made large public investments in primary education. This was necessary, as a growing population also means a growing need for jobs. But Vietnam also invested heavily in infrastructure. And those investments paid off, with the necessary infrastructure and with marketfriendly policies in place, Viet Nam became a hub for foreign investment and manufacturing in Southeast Asia.
Yet despite becoming an industrial giant, Vietnam’s agricultural sector is still a major pillar of the economy. Agriculture represents 14% of GDP and employs 36% of the total workforce in 2020. Whereas Industry contributed 34.5% of GDP and employed 28% of the total workforce. Service sector represented 41.6% of GDP and employed 35% of the total workforce.
Now if you look at the trade. Today China is Vietnam’s leading trading partner with a total import and export value of US$106.7 billion, making up 22.2% of the country’s total imports and exports. Apart from China, South Korea and the US combined makes 26% of total trade which is value’s 120 billion dollars.
The International trade agreements of the country have been playing a good role. In 1995, Vietnam joined the Asean free trade area. Then in the year 2000, they signed a free trade agreement with the US, and in 2007 joined the World Trade Organization. While having trade agreements with China, India, Japan and Korea. And how can we forget the recently amended TransPacific Partnership. These agreements are helping the country to climb up in the value chain of the world economy.
So at the end, we can say that, in the past 30 years Vietnam has achieved tremendous growth and it is still one of the fastest growing economies. And even with all these challenges, Vietnam has potential to join the club of the high income status. And who know someday they could get near the ranks of China.
Please do tell us your views in the comment section below.
economyofvietnam nextchina
Music:
Creative Commons Music by Jason Shaw on http://audionautix.com/
Music by Audionautix is licensed under a Creative Commons Attribution license (https://creativecommons.org/licenses/…)

Vietnam Economy- The Next China?

นอกจากการดูหัวข้อนี้แล้ว คุณยังสามารถเข้าถึงบทวิจารณ์ดีๆ อื่นๆ อีกมากมายได้ที่นี่: ดูวิธีอื่นๆEconomy

Leave a Comment