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A list of Asian countries ranked by their gross domestic product per capita based on purchasing power parity, as of 2023. Singapore, Qatar and Macau are the top three, while Afghanistan, East Timor and Yemen are the lowest.
What is the richest country in Asia? The richest Asian country is China based on GDP. China's GDP is $24.27 trillion. Singapore has the highest GDP per capita, $107,680.
Find out the rank and nominal GDP of Asian countries in 2024, according to the International Monetary Fund. China is the largest economy in Asia, followed by Japan and India.
Nov 21, 2023 · Find out which Asian countries have the highest income per person in 2023, based on the Asian Development Bank's economic outlook. Learn about the largest businesses and the challenges facing the region's economy.
- What Is Purchasing Power Parity (PPP)?
- What Are International Dollars (Int$)?
- Thailand
- Maldives
- Kazakhstan
- Malaysia
- Oman
- Turkey
- Kuwait
- Cyprus
- GeneratedCaptionsTabForHeroSec
PPP is a theoretical measurement of the relative values of different currencies. The measurement is based on a comparison of the cost of the same basket of goods in different locations. This comparison should illuminate the purchasing power of different currencies. PPP is relevant when comparing GDP per capita in different countries because it more...
Also known as the Geary-Khamis dollar, international dollars are hypothetical units of currency used to compare the economic output of different countries. They are often used in conjunction with PPPto make comparisons that are more meaningful than what would be achieved based on the exchange rates between currencies. International dollars also hav...
GDP (PPP) per capita:$19,004 Thailand is famous around the world for being an idyllic tourist locale, and indeed there are many reasons to visit Thailand: stunning beaches, unique cuisine, and Thai massages, to name a few. But tourism is only one part of what drives the Thai economy. The country is highly dependent on exports, which account for mor...
GDP (PPP) per capita:$23,343 Not everyone can point to the Maldives on a map, but it makes the top 20 richest countries in Asia. The Maldives is an archipelagic state in South Asia and one of the smallest countries in the world. The Maldives was once referred to as the “Money Isles”by Arab traders for the huge amounts of cowry shells, an ancient fo...
GDP (PPP) per capita:$27,560 Kazakhstan is located primarily in Central Asia, but it also extends into part of Eastern Europe. It is the largest landlocked country in the world and has one of the lowest population densities of any country. The economy of Kazakhstan is largely supported by its access to oil and natural gas, which enabled it to becom...
GDP (PPP) per capita:$29,340 In addition to ranking among the richest countries in Asia, Malaysia is one of the safest countries in the world. It’s located in Southeast Asia and has the fourth-largest economy in the region. International trade is one of the most productive industries in Malaysia and employs around 40% of the labor forcein the count...
GDP (PPP) per capita:$30,404 While it may not seem like it’s on the same continent as Malaysia and Thailand, Oman is technically located in Asia. It’s also one of the richest Arab countries in the world, situated at the eastern end of the Arabian Peninsula in the Middle East. The great majority of Oman’s economic success is tied to oil exports, on ...
GDP (PPP) per capita:$32,278 It’s worth noting that although Turkey is located mostly on the Asian continent, it also stretches into Eastern Europe. The European portion of Turkey accounts for 3% of the country’s land mass and 14% of its population. One of the strengths of Turkey’s economy is its diversity. There are strong private and state sector...
GDP (PPP) per capita:$41,507 Kuwait is among the 10 richest Arab countries in the worldand comes in at number 14 on this larger list of wealthy Asian countries. Although recent efforts have been made to diversify Kuwait’s economy, it is still heavily dependent on oil. The Kuwaiti government owns the Kuwait Petroleum Corporation (KPC), which runs th...
GDP (PPP) per capita:$41,595 It may come as a surprise that Cyprus is included in this list of richest Asian countries. In most contexts, Cyprus is not associated with Asia — instead, it has very strong political and cultural ties to Southern Europe. However, Cyprus is geographically located in Western Asia. Cyprus has a mixed economy, and although...
See the ranking of the 20 richest Asian countries based on purchasing power parity (PPP) per capita, a measure of the relative value of different currencies. Learn about the economies, exports, and industries of each country, from Singapore to Thailand.
May 24, 2024 · Find out which Asian countries rank highest in GDP per capita PPP and what factors contribute to their wealth. See the top 10 list, maps, and photos of the richest countries in Asia.
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See the ranking of Asia's richest countries based on their Gross Domestic Product (GDP) as of 2022. China tops the list with $19.4 trillion, followed by Japan, India, South Korea, and Indonesia.
