Watch the video with Andrew Stotz or read a summary below. This post focuses on economic and population basics of five select markets in Asia.
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India Is the Largest Economy and Has Had the Highest GDP Growth
- The largest economy, India, was also the fastest growing in 2016 at 7.1%
- Pakistan GDP growth wasn’t far behind, GDP per capita grows slower due to the highest population growth at 2%
- Thailand is richest per capita, but slowest growing
Massive Half a Billion Person Labor Force in India
- Very high labor force growth in Pakistan and the Philippines, in line with a high population growth
- Extremely low unemployment rate in Thailand
Article by Andrew Stotz, Become A Better Investor