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Indo-Pacific Economic Framework (IPEF)

13 COUNTRIES MAKE UP THE IPEF GROUP

World Economics has combined 13 countries to represent the initial partnet countries of the IPEF. Overall these countries account for 36% of Global GDP and 36% of global GDP growth in the past 10 years (2011-2021).

The IPEF are home to over 2.5 billion people with an average life expectancy of 78 years and a current median age of 36 against a global average of 31.



Economics




IPEF
Countries
Revised GDP PPP
Int$, Billions
CAGR
10 Year
Rate
%, 2011-2021
Share of
Global
GDP
%
Share of Global GDP Growth
%, 2011-2021
Revised GDP Per Capita
Int$
Government Debt to Revised GDP
%







Australia 1,439.6 2.5% 0.9% 0.7% 55,823 53.1%
Brunei Darussalam 39.6 -0.1% 0.0% 0.0% 89,740 1.7%
India 15,518.2 5.4% 9.4% 14.7% 11,137 50.3%
Indonesia 4,519.4 4.3% 2.7% 3.6% 16,353 29.6%
Japan 5,640.0 0.7% 3.4% 0.9% 44,744 239.5%
Korea, Rep. 2,800.7 2.6% 1.7% 1.5% 54,589 41.8%
Malaysia 1,253.3 3.8% 0.8% 0.9% 38,237 48.6%
New Zealand 252.8 3.4% 0.2% 0.2% 52,008 46.2%
Philippines 1,275.6 4.8% 0.8% 1.1% 11,487 41.1%
Singapore 630.8 3.1% 0.4% 0.4% 106,969 144.9%
Thailand 1,791.9 2.3% 1.1% 0.8% 25,617 39.9%
United States 22,522.2 2.1% 13.6% 9.7% 67,651 119.4%
Vietnam 1,121.7 5.6% 0.7% 1.1% 11,426 29.0%

IPEF
Totals / Averages:
58,805.7 N/A 35.7% 35.6% 45,060* 68.1%*


World Economics revised GDP data removes serious errors in GDP measurement.
Revised GDP data can be used to analyse and compare country investment potential, but other hidden faults may still be present in source GDP data. Learn more...


Notes:
  • GDP data includes estimates for the Informal Economy, and updated Base Years, to improve the often imperfect quality of IPEF data.
  • Debt-to-GDP ratio is total gross government debt as a proportion of revised GDP.
  • Data with an astrix (*) represents an average for all countries.
  • Offical GDP data quality is often poor in Emerging Market countries. See data quality for individual countries.







Demography




IPEF
Countries
Population
Data Quality
Grade
Total
Population
Millions
Life Expectancy
Years
Median
Age
Years
Statistical Capacity
0-100 Index
Age Dependency
Total






Australia A 25.8 83 37.9 100.0 44.9
Brunei Darussalam D 0.4 76 32.3 52.3
India C 1,393.4 70 28.4 76.7 51.3
Indonesia B 276.4 72 29.7 85.6 52.5
Japan A 126.1 85 48.4 100.0 31.0
Korea, Rep. A 51.3 83 43.7 100.0 60.5
Malaysia A 32.8 76 30.3 76.7 55.8
New Zealand A 4.9 82 38.0 100.0 44.2
Philippines A 111.0 71 25.7 82.2 44.8
Singapore B 5.9 84 42.2 100.0 65.5
Thailand B 70.0 77 40.1 83.3 58.1
United States A 332.9 79 38.3 100.0 46.1
Vietnam A 98.2 75 32.5 74.4 54.9

IPEF
Totals / Averages:
N/A 2,529.0 78* 36.0* 83.0* 50.9*


Notes:
  • Data with an astrix (*) represents an average for all countries.
  • Statistical Capacity Index numbers shown on a scale of 0-100.
    0 = Low level of resources, 100 = High level of resources.


Key:
Data Quality Grade definitions:
         A: As good as it gets;
         B: Use with caution;
         C: Unreliable for many purposes
         D: Extremely poor quality.








Environmental, Social and Governance




Emerging Market
Countries:
Carbon Emissions
Total MTCo2e
Methane Emissions
Total MTCo2e
Population in Poverty
% of Pop
Years of Schooling
Years
Rule
of Law
0-100 Index
Corruption Levels
0-100 Index






Australia 411.0 139.9 <0.1% 13 89.4 73
Brunei Darussalam 9.1 - 44% 9 -
India 2,615.8 669.3 21% 7 48.2 40
Indonesia 617.5 335.1 5% 8 40.3 38
Japan 1,106.7 21.1 <0.1% 13 86.3 73
Korea, Rep. 611.3 25.5 <0.1% 12 77.9 62
Malaysia 250.1 48.0 <0.1% 10 64.9 48
New Zealand 36.5 32.5 <0.1% 13 95.2 88
Philippines 144.3 67.7 6% 9 35.0 33
Singapore 38.9 4.2 <0.1% 12 95.1 85
Thailand 288.3 84.7 0% 8 51.6 35
United States 5,284.7 623.8 <0.1% 13 82.4 67
Vietnam 247.7 88.0 2% 8 45.3 39

IPEF
Totals/Averages:
11,661.9 2,139.8 N/A 10* 62.4* 52*


Notes:
  • Data with an astrix (*) represents an average for all countries.
  • Index numbers shown on a scale of 0-100.
    Rule of Law: 0 = low rule of law, 100 = High rule of law.
    Corruption PeIPEFtions Index: 100 = Low levels of corruption, 0 = High levels of corruption.
  • Total Carbon and Methane data expressed in MTCo2e (Million Metric Tons of CO2 equivalent)
  • Data with an astrix (*) represents an average for all countries.



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