GDP Comparison of 4 Southeast Asian Countries, 1980 to 2024

This chart compares the GDP changes of four Southeast Asian countries (Thailand, Malaysia, Indonesia, and the Philippines) from 1980 to 2024. The economic growth of each country was influenced by various external and internal factors. The chart visually shows how the GDP of each country has changed over time.<NEWLINE><NEWLINE>Vietnam (Viet Nam), Thailand (Thailand), Malaysia (Malaysia), and the Philippines (Philippines) are major countries located in Southeast Asia, with diverse historical, economic, and cultural relationships. These nations each have unique histories and have developed through regional cooperation and conflicts.<NEWLINE><NEWLINE>## Vietnam (Viet Nam)<NEWLINE><NEWLINE>Vietnam has a long history and was influenced by China for centuries. It became a French colony in the late 19th century and fought for independence after World War II. Following the 1954 Geneva Accords, Vietnam was divided into North and South, with the North prevailing in 1975 to form the Socialist Republic of Vietnam. Economic reforms and opening policies led to rapid growth from the 1980s onwards. In 1980, Vietnam's GDP was about 35.3 billion USD, which grew to 433.7 billion USD in 2023. This growth is attributed to economic reforms, foreign investment, and a manufacturing-based economy.<NEWLINE><NEWLINE>## Thailand (Thailand)<NEWLINE><NEWLINE>Thailand is the only country in Southeast Asia that was not colonized by European powers, boasting a long history and rich traditions. It transitioned from an absolute monarchy to a constitutional monarchy in 1932 and has experienced several political upheavals since. Economically, Thailand saw significant growth from the 1960s and emerged as a newly industrialized country in the 1990s. In 1980, Thailand's GDP was approximately 33.4 billion USD, rising to 514.9 billion USD in 2023. This increase is due to the balanced development of tourism, agriculture, and manufacturing, supported by a stable political environment.<NEWLINE><NEWLINE>## Malaysia (Malaysia)<NEWLINE><NEWLINE>Malaysia gained independence from the United Kingdom in 1957 and is characterized by its multi-ethnic population. Comprised of the Malay Peninsula and parts of Borneo, Malaysia has leveraged its natural resources and manufacturing to achieve economic growth. Significant economic expansion began in the 1980s, making it a key economic power in Southeast Asia today. Malaysia's GDP was around 26.8 billion USD in 1980 and grew to 415.5 billion USD in 2023. This growth is driven by the oil and gas industry, electronics exports, and foreign direct investment.<NEWLINE><NEWLINE>## Philippines (Philippines)<NEWLINE><NEWLINE>The Philippines was under Spanish and American colonial rule before gaining independence in 1946. The country has experienced shifts between democracy and dictatorship, and its economy has transitioned from agriculture to services. Overseas worker remittances play a vital role in its economy. With a high population growth rate, the Philippines has seen continuous economic growth. The GDP of the Philippines was about 37.1 billion USD in 1980, increasing to 436.6 billion USD in 2023. This growth is supported by the IT industry, business process outsourcing (BPO), and remittances from overseas workers.<NEWLINE><NEWLINE>---<NEWLINE><NEWLINE>These four countries contribute to the stability and prosperity of the Southeast Asian region through economic cooperation and mutual dependence. Each nation has a unique history and culture and plays a significant role in the international community through economic growth and development. The GDP growth trends of these countries highlight their economic capabilities, and the region's development is expected to continue.

This chart displays the GDP per capita rankings of Southeast Asian countries from 1980 to 2024. It provides insight into the economic growth and income changes among these nations, allowing for comparisons of economic disparities and levels of development within the region. Countries like Singapore and Brunei often rank at the top, while nations like Myanmar and Laos tend to be at the lower end.<NEWLINE><NEWLINE>Brunei is a small country in Southeast Asia known for its high standard of living due to abundant oil and natural gas resources. In 1985, Brunei's GDP per capita was $21,761, which increased to $35,090 in 2024, marking a 161.25% rise. This growth is attributed to stable resource exports and proactive government economic policies.<NEWLINE><NEWLINE>Cambodia, after years of civil war and turmoil, has seen rapid growth. In 1986, Cambodia's GDP per capita was just $27, but by 2024 it had risen to $2,628, a staggering increase of 9,773.21%. This growth is largely due to international aid, the development of the tourism industry, and manufacturing.<NEWLINE><NEWLINE>Indonesia, with its vast territory and large population, has significant economic potential. In 1980, Indonesia's GDP per capita was $673, which rose to $5,271 in 2024, an increase of 782.93%. This growth is driven by resource development, agriculture, and manufacturing.<NEWLINE><NEWLINE>Laos has experienced slow economic development but has grown rapidly in recent years. In 1980, Laos' GDP per capita was $585, increasing to $1,976 in 2024, a 338.03% rise. Foreign investment and the tourism industry have been key factors in this growth.<NEWLINE><NEWLINE>Malaysia is one of the more economically stable countries in Southeast Asia. In 1980, Malaysia's GDP per capita was $1,927, which increased to $13,315 in 2024, a 690.95% rise. This growth is due to balanced development in manufacturing and services.<NEWLINE><NEWLINE>Myanmar has achieved economic growth despite political turmoil. In 1998, Myanmar's GDP per capita was $109, rising to $1,248 in 2024, an increase of 1,143.62%. The development of agriculture, mineral resources, and foreign investment have been crucial to this growth.<NEWLINE><NEWLINE>The Philippines, with its large population, has seen consistent economic growth. In 1980, the Philippines' GDP per capita was $774, which increased to $4,130 in 2024, a rise of 533.30%. The service industry and remittances from overseas workers have played significant roles in this growth.<NEWLINE><NEWLINE>Singapore, a city-state, boasts exceptional economic strength. In 1980, Singapore's GDP per capita was $5,005, increasing to $88,452 in 2024, a rise of 1,767.28%. The development of finance, trade, and technology industries, along with efficient government policies, have driven this growth.<NEWLINE><NEWLINE>Thailand's economy is heavily reliant on tourism and agriculture. In 1980, Thailand's GDP per capita was $705, which rose to $7,812 in 2024, an increase of 1,107.26%. The development of the tourism and manufacturing industries, along with foreign investment, has been pivotal to this growth.<NEWLINE><NEWLINE>Timor-Leste is a young nation where natural resource development plays a crucial role in economic growth. In 2000, Timor-Leste's GDP per capita was $421, rising to $1,454 in 2024, a 345.48% increase. This growth results from resource development and international support.<NEWLINE><NEWLINE>Vietnam has transformed from an agriculture-based economy to a rapidly industrializing nation. In 1980, Vietnam's GDP per capita was $653, increasing to $4,623 in 2024, a rise of 708.35%. The rapid growth in manufacturing and services, along with foreign investment, has been essential to this transformation.

This chart compares the Gross Domestic Product (GDP) of Southeast Asian countries with that of Japan from 1980 to 2023. It allows for an assessment of each country's economic growth and development through their GDP figures. This data is helpful for comparing the economic size and growth trends of Southeast Asian countries with Japan, and serves as a crucial indicator for understanding economic influence in the region.

This chart compares the Gross Domestic Product (GDP) of Southeast Asian countries with that of South Korea from 1980 to 2023. It allows for an assessment of each country's economic growth and development through their GDP figures. This data is helpful for comparing the economic size and growth trends of Southeast Asian countries with South Korea, and serves as a crucial indicator for understanding economic influence in the region.

This chart compares the Happiness Index of the United States and key Southeast Asian countries from 2006 to 2024. The Happiness Index reflects how satisfied citizens are with their lives. The data is based on annual average values, providing an overview of the general trends in happiness for each country over the specified period.

This chart compares the Happiness Index of Germany and Southeast Asian countries from 2006 to 2024. It visually represents the changes in the Happiness Index for each country, highlighting the differences in happiness levels between Germany and Southeast Asian nations. The data is based on the World Happiness Report.

This chart compares the Happiness Index of Japan and Southeast Asian countries from 2006 to 2024. It visually represents the changes in the Happiness Index for each country, highlighting the differences in happiness levels between Japan and Southeast Asian nations. The data is based on the World Happiness Report.

This chart compares the Happiness Index of Taiwan and Southeast Asian countries from 2006 to 2024. The Happiness Index measures subjective well-being and quality of life, reflecting various social and economic factors of each country. The chart shows the changes in Taiwan's happiness over the period and highlights the differences with Southeast Asian countries.

This chart compares the Happiness Index of South Korea and Southeast Asian countries from 2006 to 2024. The Happiness Index measures subjective well-being and quality of life, reflecting various social and economic factors of each country. The chart shows the changes in South Korea's happiness over the period and highlights the differences with Southeast Asian countries.

This chart compares the Happiness Index of Japan and various African countries from 2006 to 2024. While Japan's Happiness Index remains relatively stable, African countries show diverse trends. The changes in happiness levels by country highlight the impact of social and economic factors on overall well-being.

This chart compares the Happiness Index of Vietnam and several African countries from 2006 to 2024. The happiness levels in each country are assessed based on factors such as social support, life expectancy, and income levels. This comparison highlights how different factors have influenced the happiness in each country over the years.

This chart compares the Happiness Index of Taiwan and various African countries from 2006 to 2024. The Happiness Index is calculated based on factors such as quality of life, economic stability, and social support. It visually represents the trends and changes in happiness levels between Taiwan and African countries over this period.

This chart compares the Happiness Index of South Korea and various African countries from 2006 to 2024. The Happiness Index is calculated based on various factors such as quality of life, economic stability, and social support. It visually represents the trends and changes in happiness levels between South Korea and African countries over this period.

This chart compares the GDP per capita of Vietnam and South American countries from 1980 to 2024. It visually highlights the economic growth and changes in each country, showing the economic gap between Vietnam and South American nations. The chart allows for analysis of economic trends and key shifts in both regions.

This chart compares the GDP per capita of Taiwan and South American countries from 1980 to 2024. It visually highlights the economic growth and changes in each country, showing the economic gap between Taiwan and South American nations. The chart allows for analysis of economic trends and key shifts in both regions.

This chart compares the GDP per capita of South Korea and South American countries from 1980 to 2024. It visually highlights the economic growth and changes in each country, showing the economic gap between South Korea and South American nations. The chart allows for analysis of economic trends and key shifts in both regions.