Finland has been named as the #1 country in the world in 2021 for Quality of Life, according to the CEOWORLD magazine 2021 report, while Denmark and Norway placed second and third, respectively.
The World's Best Countries For Quality of Life, 2021.
| Rank | Country | Score |
|---|
| 11 | United Kingdom | 90.68 |
| 12 | Canada | 90.3 |
| 13 | South Korea | 89.67 |
| 14 | United States | 89.11 |
By contrast,
Myanmar is the poorest country in the region, with a GDP per capita of $1,408. East Timor and Cambodia also have a GDP per capita of less than $2,000.
Southeast Asian Countries By GDP Per Capita.
| Rank | 1 |
|---|
| State | Singapore |
|---|
| GDP per capita (USD) | 65,233.3 |
|---|
| GDP (USD) | 372,062.53 |
|---|
Mongolia has a GDP per capita of $13,700 as of 2018, while in India, the GDP per capita is $7,200 as of 2017.
China is followed by Japan with $4.91 trillion, India with $2.29 trillion, and South Korea with $1.59 trillion. Below are the ten richest Asian countries in terms of GDP, according to the International Monetary Fund (IMF). Here are the 10 richest countries in Asia: China ($11.22 Tn)
In India, 21.9% live below the poverty line as of 2011. In Thailand, however, that number is 7.2% as of 2015.
Tajikistan remains to be the poorest country in Central Asia and among post-Soviet states, with 40 per cent of the population living below the poverty line.
India has a fast-growing, diverse economy with a large, skilled workforce. But because of its population, it's also one of the poorest countries in the world based on income and gross national product per capita. Although agriculture employs the most workers, services are the major source of economic growth.
Singapore's rise to the top was attributed to its advanced technological infrastructure, availability of skilled labor, favorable immigration laws, and the efficient way in which new businesses can be set up here.
In 2020,
Burundi reported the lowest per-capita GDP ever, closely-followed by South Sudan and Somalia.
The 20 countries with the lowest gross domestic product (GDP) per capita in 2020 (in U.S. dollars)
| Characteristic | GDP per capita in U.S. dollars |
|---|
| Burundi | 253.59 |
Financial and social rankings of sovereign states in Europe
- Luxembourg is home to an established financial sector as well as one of Europe's richest populations.
- Despite having the highest GDP growth rate in Europe, Moldova is among its poorest states, and also has Europe's smallest GDP per capita.
India— eternally confident about being the only South Asian economy that matters— now must grapple with the fact that it, too, is poorer than Bangladesh in per capita terms. India's per capita income in 2020-21 was a mere $1,947.
This is a list of estimates of the real gross domestic product growth rate (not rebased GDP) in Asian states for the latest years recorded in the CIA World Factbook.
Southeast Asia.
| Rank | Country | GDP growth rate (%) |
|---|
| 1 | Cambodia | 6.9 |
| 1 | Laos | 6.9 |
| 3 | Myanmar | 6.8 |
| 3 | Vietnam | 6.8 |
The subsequent decline of Asia was attributed to its integration with a world economy shaped by colonialism and driven by imperialism. By the late 1960s, Asia was the poorest continent in the world when it came to income levels, marginal except for its large population.
National wealth can fluctuate, as evidenced in the United States data following the 2008 financial crisis and subsequent economic recovery.
Total wealth by country.
| Country (or area) | China (more) |
|---|
| Region | Asia |
|---|
| Total wealth (USD bn) | 74,884 |
|---|
| % of world | 18% |
|---|
| Wealth-to-GDP ratio (2017–19) | 4.470 |
|---|
This is because money and power are so naturally interwoven, contributing to the overall
wealth and GDP of a
country.
Richest Countries In The World 2021.
| Country | India |
|---|
| GDP (IMF '19) | $2.97 Tn |
|---|
| GDP (UN '16) | $2.26 Tn |
|---|
| Per Capita | $2.26 Tn |
|---|
Biggest Market of Asia - Chandni Chowk
- Asia.
- National Capital Territory of Delhi.
- New Delhi.
- New Delhi - Places to Visit.
- Chandni Chowk.
Philippines has a GDP per capita of $8,400 as of 2017, while in India, the GDP per capita is $7,200 as of 2017.
Qatar (GDP per capita: $93,508) Switzerland (GDP per capita: $72,874) Norway (GDP per capita: $65,800) United States of America (GDP per capita: $63,416)
Richest Countries In The World 2021.
| Country | United States |
|---|
| GDP (IMF '19) | $21.34 Tn |
|---|
| GDP (UN '16) | $18.62 Tn |
|---|
| Per Capita | $18.62 Tn |
|---|
In 2020, China had an estimated active military personnel strength of 2.18 million, followed by India with an estimated strength of 1.44 million soldiers.
