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Home » Asia » Is Vietnam richer than Philippines?

Is Vietnam richer than Philippines?

December 14, 2021 by Bridget Gibson

Philippines has a GDP per capita of $8,400 as of 2017, while in Vietnam, the GDP per capita is $6,900 as of 2017.

Contents

Which is better Vietnam or the Philippines?

Vietnam offers a terrific value to tourists as prices are cheap, accommodation options are of good quality, transportation is efficient, the food is amazing, and the locals are friendly. The Philippines is an island nation known for stunning beaches and beautiful jungles, as well as affordable prices.

Is Philippines richer than Indonesia?

In 2016, Philippines per capita GDP was close to two-thirds of that of Indonesia’s; the gap is even bigger in ppp–see table.
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 Vietnam one of the richest country?

Asia is the largest of the seven continents, and many Asian countries are clearly rich in many categories, including natural beauty and resources, priceless cultural heritage, fertile land, and more.
Richest Asian Countries 2021.

Country Vietnam
GDP (IMF ’19) $260.30 Bn
GDP (UN ’16) $205.28 Bn
Per Capita $205.28 Bn

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).

Who is poorer Vietnam or Philippines?

Last month, the International Monetary Fund announced that Vietnam will surpass the Philippines in terms of per capita income by the end of this year.From being one of Asia’s poorest nations, the average Vietnamese is now wealthier than the average Filipino.

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Is Vietnam safer than Philippines?

Philippines rank 3rd in lowest while Vietnam rank 2nd in highest crime rate. Also this Vietnam rank 79th and Philippines 63th.

Is Myanmar richer than Philippines?

Burma has a GDP per capita of $6,300 as of 2017, while in Philippines, the GDP per capita is $8,400 as of 2017.

Is Philippines poorer than India?

Philippines has a GDP per capita of $8,400 as of 2017, while in India, the GDP per capita is $7,200 as of 2017.

What is the poorest country in Southeast Asia?

Myanmar
By contrast, Myanmar is the poorest country in the region, with a GDP per capita of $1,408. East Timor and Cambodia also have a GDP per capita of less than $2,000.
Southeast Asian Countries By GDP Per Capita.

Rank 1
State Singapore
GDP per capita (USD) 65,233.3
GDP (USD) 372,062.53

Is Philippines the poorest country in Asia?

China’s economy is the largest in Asia and second-largest globally, while India’s ranks second-largest in Asia and fifth-largest globally. Other countries in Asia are notably less prosperous.
Poorest Asian Countries 2021.

Country Philippines
GNI per Capita (Atlas Method, $US) $3,430
GNI per Capita, PPP ($int’l.) $9,040
Data Year 2020

What rank is Vietnam?

Vietnam is 74th in the overall Prosperity Index rankings.

What rank is Vietnam in education?

Not long ago, Vietnam left the education world aghast after PISA (Programme for International Student Assessment) released its official test results ranking Vietnam as 17th, well above the United States in all subjects – which ranked 23rd in reading, 36th in math, and 28th in science.

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Is Vietnam poorer than India?

The basic facts about Vietnam I knew well before my journey: that it has a per capita income of $370 per annum (significantly less than India’s $450); that its economy is controlled by a communist Government; that it fought a devastating war with the world’s most powerful nation from 1964 to 1975.

Is Philippines richer than Cambodia?

Cambodia has a GDP per capita of $4,000 as of 2017, while in Philippines, the GDP per capita is $8,400 as of 2017.

Is Japan bigger than Philippines?

Japan is about 1.3 times bigger than Philippines.
Philippines is approximately 300,000 sq km, while Japan is approximately 377,915 sq km, making Japan 26% larger than Philippines. Meanwhile, the population of Philippines is ~109.2 million people (16.3 million more people live in Japan).

Is Vietnam getting rich?

According to a forecast by PricewaterhouseCoopers in February 2017, Vietnam may be the fastest-growing of the world’s economies, with a potential annual GDP growth rate of about 5.1%, which would make its economy the 20th-largest in the world by 2050.

Is Vietnam a rich country?

Vietnam is now defined as a lower middle income country by the World Bank. Of the total Vietnamese population of 88 million people (2010), 13 million people still live in poverty and many others remain near poor. Poverty reduction is slowing down and inequality increasing with persistent deep pockets of poverty.

Is Thailand better than Philippines?

Both countries have beautiful landscapes, mountains, jungles and waterfalls to explore, so are great destinations for a sunseeker that’s also looking for some adventure. However if beaches are your main priority, then the Philippines is a better choice than Thailand.

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Is it cheaper to live in Vietnam or Philippines?

Philippines is 31.0% more expensive than Vietnam.

Is Bangladesh poorer than Philippines?

Bangladesh has a GDP per capita of $4,200 as of 2017, while in Philippines, the GDP per capita is $8,400 as of 2017.

Filed Under: Asia

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About Bridget Gibson

Bridget Gibson loves to explore the world. A wanderlust spirit, Bridget has journeyed to far-off places and experienced different cultures. She is always on the lookout for her next adventure, and she loves nothing more than discovering something new about life.

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