Vietnam’s average economic output per person is set to overtake Indonesia’s, according to the International Monetary Fund. Gross domestic product per capita, which provides a snapshot of a country’s standard of living, is projected to rise 8.9 per cent to US$5,259 in Vietnam this year – nearly double the figure a decade earlier and overtaking Indonesia’s US$5,153. This would also rank Vietnam fifth among members of the Association of Southeast Asian Nations, behind Singapore, Brunei, Malaysia...
Vietnam surpasses Indonesia on per-person GDP. Is Thailand next?
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SCMP - Feed 91By Sam Beltran
EXECUTIVE SUMMARY
Vietnam’s average economic output per person is set to overtake Indonesia’s, according to the International Monetary Fund. Gross domestic product per capita, which provides a snapshot of a country’s standard of living, is projected to rise 8.9 per cent to US$5,259 in Vietnam this year – nearly double the figure a decade earlier and overtaking Indonesia’s US$5,153. This would also rank Vietnam fifth among members of the Association of Southeast Asian Nations, behind Singapore, Brunei, Malaysia...
Key Takeaways
- Vietnam surpasses Indonesia on per-person GDP.
- Vietnam’s average economic output per person is set to overtake Indonesia’s, according to the International Monetary Fund.
- This would also rank Vietnam fifth among members of the Association of Southeast Asian Nations, behind Singapore, Brunei, Malaysia...
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Published originally on SCMP - Feed 91
