top 10 richest countries in Asia

4 years ago
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top 10 richest countries in Asia
The Asian economy is the fastest growing economy in terms of GDP Nominal and PPP in the world. It would be fastest but the economic disparities are a source of major continuing tension in the region. While global economic powers China, Japan, India, continue powering through, and Indonesia, Malaysia, Philippines, Thailand, Vietnam, Bangladesh and Sri Lanka have entered the path to long-term growth, regions right next to these countries are in severe need of assistance.
Top 10 Richest Countries in Asia
The top 10 list of the Richest Countries in Asia is drafted on the basis of report given by the International Monetary Fund (IMF) are discussed below:
10. Korea, Republic
GDP Per Capita (in US$): 27,538.8
It is a country in East Asia, constituting the southern part of the Korean Peninsula and lying east to the Asian mainland. It is also known as South Korea. It has mixed economy ranks 11th nominal and 13th purchasing power parity GDP in the world, identifying it as one of the G-20 major economies.
9. Israel
GDP Per Capita (in US$): 37,292.6
It is located on the south-eastern shore of the Mediterranean Sea and the northern shore of the Red Sea. It is ranked 16th in the World Economic Forum's Global Competitiveness Report and 54th on the World Bank's Ease of Doing Business index.
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