Is Vietnam richer than Thailand?

Although Thailand performs better than Vietnam on several development indicators and has higher GDP and per capita income, it now faces a slower growth rate. The GDP growth rate of Vietnam in 2018 was 1.7 times higher than Thailand’s, with stronger and steadier economic growth.

Is Malaysia richer than Vietnam?

Malaysia has a GDP per capita of $29,100 as of 2017, while in Vietnam, the GDP per capita is $6,900 as of 2017.

Is Indonesia more rich than Philippines?

Moreover, Indonesia managed to bring its government debt down, which accounts roughly for 60 percent of that of Philippines….How Indonesians Became Richer Than Filipinos.

Metric	Indonesia	Philippines
Population	259 Million	102 Million
Per Capita GDP	$3,834	$2,640
Per Capita GDP in PPP	$10,385	$6,938
Inflation Rate	3.02\%	2.6\%

Is Malaysia bigger than Vietnam?

Malaysia is around the same size as Vietnam. Vietnam is approximately 331,210 sq km, while Malaysia is approximately 329,847 sq km, making Malaysia 99.59\% the size of Vietnam. Meanwhile, the population of Vietnam is ~98.7 million people (66.1 million fewer people live in Malaysia).

Which country has the largest economy in Asean?

Indonesia
List

Rank	Country	GDP Nominal millions of USD
—	ASEAN	3,355,655
1	Indonesia	1,158,783
2	Thailand	538,735
3	Philippines	402,638

Is Vietnam richer than Indonesia?

Vietnam has a GDP per capita of $6,900 as of 2017, while in Indonesia, the GDP per capita is $12,400 as of 2017.

Is Philippines richer than Malaysia?

Malaysia has a GDP per capita of $29,100 as of 2017, while in Philippines, the GDP per capita is $8,400 as of 2017.

Is Philippines bigger than Vietnam?

Philippines is approximately 300,000 sq km, while Vietnam is approximately 331,210 sq km, making Vietnam 10\% larger than Philippines. Meanwhile, the population of Philippines is ~109.2 million people (10.5 million fewer people live in Vietnam).

Is Malaysia better than Philippines?

Malaysia, being a more developed nation, is more expensive than the Philippines. Both countries offer great beaches, jungle adventures, eco-tourism, world class scuba diving, and more. In general, Malaysia’s economy is less driven by tourism than many other countries. …

Are Indonesians richer than Filipinos now?

By the 1970s South Korea and Taiwan had passed the Philippines in per capita income terms. Malaysia and Thailand followed in the 1980s and China in the 1990s. Then in 2009, in a moment the Manila elite thought it would never see, Indonesia’s boom made Indonesians richer than Filipinos for the first time in history.”

Do Vietnamese people make less money than Filipinos?

But if you go to Jakarta, Manila, you will see so many jobless people begging for money on the street. So on average, yes Vietnamese do not make as much. But when you are talking about poverty, the Philippines is the worst in the group by a big margin. 8 clever moves when you have $1,000 in the bank.

Is Vietnam a poor or rich country?

But in terms of poverty, Vietnam is doing very well. In 2017, only 7\% of Vietnamese lived under poverty line, where 10\% of Indonesian, 21\% of Filipino lived under poverty. Vietnam is a socialist/centrally planned economy. Although the average GDP/Income is low, they don’t have a big income gap.

What is the income gap like in Vietnam?

Most Vietnamese don’t earn a lot of money, but they earn enough and protected by socialism to be living above poverty line. But in Indonesia and the Philippines, especially the Philippines, the income gap is still huge and in the Philippines, 1/5 of people lives under poverty line.