The 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
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
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
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
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
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
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
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
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
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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Blessings
Finally… MY country is mention here as one of the Top 10 Richest Countries of Asia in 2012 😉
proud to be Malaysian boy …
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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Thanks alot 🙂
I think you’ve miised Taiwan
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.
WHERE IS THE PHILIPPINES ? ? PHILIPPINES IS ONE OF THE RICHEST IN ASIA .
Dear Philippines comes into the poorest countries of Asia.
IAM AN INDIAN, I WOULD NOT FIND ANY NAME OF INDIA.. IAM SAD
Nice info, but my country is not yet in category 🙁
wow, bruney is still the richest
Indonesia is rich having a biggest and best gold mine in the world, gas and etc, but the government is not good. Many corrupt.
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.
i think Qatar is the richest country of world