The table below shows all countries in the Asia-Pacific region with Governance ratings of A or B (read more below) and with GDP Data Quality ratings of A and B (read more below). Countries with lower data quality grades are omitted. The countries are ranked by their Compound Annual Growth Rates over the years 2012-2022.
Fastest Growing Asian Countries with Reasonable Governance and GDP Data
Ranked by 10-Year CAGR (2012-2022)
Data quality is graded by the
World Economics Data Quality Ratings. The Ratings cover five factors to determine data quality: GDP base year, SNA framework, informal economy size, resources devoted to measuring economic activity and measures for government interference. Each factor is evaluated to provide country scores which are then normalised using the standard deviation of the data for each factor and combined into the DQR score using a weighted aggregate to reflect the importance of each of the individual factors. See full
Methodology. Only countries with a GDP Data Quality Rating of A or B are included in these growth rankings.
Governance is rated by the
World Economics Governance Ratings. World Economics has gathered together key indicators to monitor country governance. These indicators includs Ease of Doing Business, Rule of Law, Press Freedom, and Political Rights and Civil Liberties. Data for each component is transformed into a scale of 0-100 to gauge relative performance with other countries. For the Governance Index a score towards zero indicates a negative or bad performance, whilst a score tending towards 100 indicates a positive or good performance on the scale. See full
Methodology. Only countries with a governance grades of A or B are included in these growth rankings.
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