Top 10 Richest Countries of Asia in 2012

10 richest asian countriesThe Sub-continent has always been a subject of change all the time. we discussed about richest countries of the world, shared richest cities with our readers, and now, it’s time to focus on the Asian Countries. Here are the top 10 Richest Asian countries classified on the basis of their GDP per capita, presented along with a brief information about these countries. The population stated is the estimated  population for July 2012.

1) Brunei

Brunei richest asian country

GDP per Capita        :  $ 54,100

Location                   : Southeastern Asia,

                                   bordering the South China Sea

                                    and Malaysia

Area                         : 5,765 sq km

Natural resources : petroleum, natural gas, timber

Population              : 408,786

Brunei has a mixture of foreign and domestic entrepreneurship, government regulation, welfare measures, and village tradition. Having Crude oil and natural gas as the natural resources, the production leads to half of GDP promoting 90% of them as exports. Brunei has a highest Per capita GDP is in Asia. A major reason behind the outstanding performance of this country is the Government’s support. The government provides for all medical services and free education through the university level and sponsor rice and housing facilities.

2) Singapore

Singapore richest asian country

GDP per Capita         : $ 52,900

Location                    : Southeastern Asia, islands

                                     between Malaysia and Indonesia

Area                           : 697 sq km

Natural Resources  : fish, deep water ports

Population                : 5,353,494

Singapore is one of the world’s highly developed countries, possessing a successful free-market economy. The best thing about the country is the market is corruption-free, with stable prices, and a per capita GDP higher than that of most developed countries. The economy depends heavily on exports.

3) Japan

Japan richest asian country

GDP per Capita        : $35,300

Location                   : Eastern Asia, island chain between

                                   North Pacific Ocean and Sea of Japan,

                                   east of Korean Peninsula

Area                          : 377,915 sq km

Natural resources  : very less mineral resources, fish

Population              : 127,368,088

The country I personally admire the most is not other than Japan, having limited or no natural resources, Japan is the world’s largest importer of coal and liquefied natural gas, as well as the second largest importer of oil. The research and development sectors are highly responsible for the effort to maintain the country’s economy despite of importing resources in large quantity. However, Japan was shook too bad in 2011 as the massive 9.0 magnitude earthquake in March disrupted manufacturing, but Still Japan has had proved itself as a developed country by rectifying the hazards of the earthquake itself.

4) South Korea

southkorea richest asian country

GDP per Capita         :  $ 27,100

Location                   : Eastern Asia, southern half of

                                    Korean Peninsula bordering Sea

                                   of Japan and the Yellow Sea

Area                          : 99,720 sq km

Natural resources  : coal, tungsten, graphite, lead

                                   molybdenum, hydropower potential

Population              : 48,860,500

After going through a real hard time in 1997-8, south Korea has now established itself so much so that currently it is among the world’s 20 largest economies.

5) Malaysia

Malayesia richest asian country

GDP per Capita          : $ 15,700

Location                     : Southeastern Asia, peninsula

                                      bordering Thailand and bordering

                                     Indonesia, Brunei, and the South

                                     China Sea, south of Vietnam

Area                           : 329,847 sq km

Natural resources   : tin, petroleum, timber, copper,

                                    iron ore, natural gas, bauxite

Population                : 29,179,952

Malaysia, which was limited to the export of raw material, has re-established itself as a multi sector. Attracting the businessmen and investors for a free market, Malaysia is setting up a new trend to compete with other developed countries.

6) Kazakhistan

kazakhstan richest asian country

GDP per Capita            : $ 12,000

Location                       : Central Asia, northwest of China;

                                       a small portion west of Ural (Zhayyq)

                                       River in eastern-most Europe

Area                            : 2,724,900 sq km

Natural resources    :  major deposits of petroleum, natural

                                     gas, coal, iron ore, manganese,

                                     chrome ore, nickel, cobalt, copper, 

                                     molybdenum, zinc, bauxite, gold, uranium

Population               : 17,522,010

Kazakhstan was the largest part of Soviet Union in terms of geography. The country is enriched with fossil fuel reserves and plentiful supplies of other minerals and metals, with a large agricultural sector featuring livestock and grain. As a landlocked country, Kazakhstan greatly depends on its neighbors to export its products, especially oil and grain via sea.

7) Azerbaijan

Azerbaijan richest asian country

GDP per Capita               :  $ 9,500

Location                          :  Southwestern Asia, bordering

                                            Caspian Sea,between Iran and Russia

Area                                : 86,600 sq km

Natural resources        : petroleum, natural gas, iron ore,

                                          nonferrous metals, bauxite

Population                    : 9,493,600

The Government of Azerbaijan is taking effective measures to promote export by growing gas production and to provide employment to the local people of the company, further contributing in a substantial economy.

8) Thailand

GDP per Capita         : $ 8,700

Location                    : Southeastern Asia, bordering

                                     Andaman Sea and the Gulf of

                                    Thailand, southeast of Burma

Area                           : 513,120 sq km

Natural resources   : tin, rubber, natural gas, tungsten,

                                    tantalum, timber, lead, fish, gypsum,

                                   lignite, fluorite, arable land

Population               : 67,091,089

Thailand focused on the economical growth on serious basis giving a real boost to it from 2000 to 2007. Now the country enjoys huge GDP because of much tourism supported by a well-developed infrastructure.

9) Armenia

Armenia richest asian country

GDP per Capita         : $ 6,600

Location                    : Southwestern Asia, between Turkey                  

                                      and Azerbaijan

Area                          : 29,743 sq km

Natural resources  : small deposits of gold, copper, molybdenum, zinc, bauxite

Population               : 2,970,495

After several years of double-digit economic growth, Armenia faced a severe economic recession with GDP declining more than 14% in 2009, despite large loans from multilateral institutions. Sharp declines in the construction sector and workers’ remittances, particularly from Russia, led the downturn. The economy began to recover in 2010 with 2.1% growth, and picked up to 4.6% growth in 2011

10) China

china richest asian country

GDP per Capita           : $ 6,100

Location                      : Eastern Asia, bordering the East China Sea,

                                     Korea Bay, Yellow Sea, and South China

                                     Sea, between North Korea and Vietnam

Area                            : 9,596,961 sq km

Natural resources    :  coal, iron ore, petroleum, natural gas, mercury,

                                     tin, tungsten, antimony, manganese,

                                     molybdenum, vanadium, magnetite, aluminum, 

                                     lead, zinc, rare earth elements, uranium, 

                                     hydropower potential (world’s largest)

Population             :  1,343,239,923

China has always stood firm with an integral position in the world. it was in 2010 that China became the world’s largest exporter. Although, In 2010-11, China faced high inflation resulting largely from its credit-fueled stimulus program. However some responsive measures appear to have controlled inflation, but GDP growth consequently slowed to near 9% for 2011, making China on number 10 on the top 10 countries of Asia.

These were the top 10 countries of Asia that are stated to be rich enough to be called as the developed countries.  There has been one thing in  common in all these states that the government has been working for the welfare of the people undoubtedly.  Being a citizen of Pakistan, a country that has everything needed to get establish, ranging from fossil fuels, mineral deposits, sea port, Agricultural land, favorable climate to the high range of mountains, as well as the fertile land, we  still wonder when Pakistan would be one of the top 10 lists.

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14 thoughts on “Top 10 Richest Countries of Asia in 2012”

  1. Wow amazing collection..!! I am totally so impressed to get this post allocation. I think it is so helpful to us. Before I have heard about these place but never seen. Getting these images I am so pleased. Thanks and keep it up…
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  2. Brunei depends heavily on imports such as agricultural products, motorcars and electrical products from other countries.Brunei Darussalam imports sixty percent of its food requirements, which around seventy five percent of those food imports come from the ASEAN countries. Thanks.

  3. Indonesia is rich having a biggest and best gold mine in the world, gas and etc, but the government is not good. Many corrupt.

  4. How you collect these whole information and i did the research on your list.Finally i found this is 100% fine information.Thanks for share this list with us.

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