Chart: Asia GDP Per Capita Has Risen Sharply Since 1960 (Aberdeen)
The latest marketing brochure from Aberdeen Asset Management has this interesting chart showing Asia GDP per capita levels in 1960 verses today:
From Indonesia, Malaysia, Singapore and South Korea to Thailand, Asian countries across the continent are getting wealthier, notably in major metropolitan areas. Urbanization in Asia is moving a massive population of better educated and higher earning citizens to cities and creating a thriving middle class. Take a look at Malaysia and South Korea as examples. Malaysia had $287 GDP per capita in 1960, saw that roughly quadruple by 1980 and in 2014, the country soared to $11, 387 GDP per capita. South Korea saw an even higher growth, growing from $92 GDP per capita in 1960 to $25,931 in 2014.
To read the whole article, The Sun Rises in the East – Be Early: Rise and Shine, go to the website of Aberdeen.
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