Which country in Southeast Asia has the highest GDP?

Which Southeast Asia country has a higher GDP than most other developed countries?

List of Southeast Asian Nations by GDP

Rank World Rank Nation
1 15 Indonesia
2 24 Thailand
3 30 Philippines
4 36 Vietnam

Which country in Southeast Asia has the lowest GDP?

Economy in South Asia

In 2018, India had a GDP of over 2.87 U.S. dollars, while Bangladesh, and Sri Lanka followed behind. The Maldives and Nepal were among the countries with the lowest GDP in the Asia Pacific region.

Which is the poorest country in Southeast Asia?

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

Why is East Asia so rich?

Major growth factors have ranged from favorable political and legal environments for industry and commerce, through abundant natural resources, to plentiful supplies of relatively low-cost, skilled, and adaptable labor. The region’s economic success has led the World Bank to dub it an East Asian Renaissance.

Which country is the best in Southeast Asia?

Here is the list of 9 Best Countries To Visit in South-East Asia

  • Indonesia – Incredible Indonesia. …
  • Cambodia – A Country Rich in Heritage & Natural Beauty. …
  • Philippines – Gateway to hidden beaches and exotic islands. …
  • Malaysia – Asia in true sense! …
  • Laos – The Land of Serenity and Bountiful Nature. …
  • Brunei.

Is Philippines poorer than India?

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.

Is Philippines poorer than Vietnam?

Last month, the International Monetary Fund announced that Vietnam will surpass the Philippines in terms of per capita income by the end of this year. … From being one of Asia’s poorest nations, the average Vietnamese is now wealthier than the average Filipino.

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