World Economics Home
Data by Country
Data by Region
Data by Indicator
Data Quality Ratings
World Markets of Tomorrow
Monthly Surveys
Insight Archive
Rankings
Concepts & Methodologies
Data Download Portal
About World Economics
Contact Us
Log-In
About
COUNTRIES
Most popular:
China
,
Russia
,
India
,
USA
,
Israel
,
Saudi Arabia
,
Japan
,
Malaysia
,
Canada
,
Czechia
,
Indonesia
,
Pakistan
,
Germany
,
Mexico
,
Singapore
,
Nigeria
,
Türkiye
,
Egypt
,
Thailand
,
Ethiopia
,
Italy
,
South Africa
,
Bangladesh
,
Philippines
,
Brazil
,
United Kingdom
Asia - Pacific
Afghanistan
Australia
Azerbaijan
Bangladesh
Bahrain
Bhutan
Brunei
Cambodia
China
Hong Kong
India
Indonesia
Israel
Japan
Jordan
Kazakhstan
Korea, Rep.
Kuwait
Kyrgyzstan
Laos
Lebanon
Malaysia
Mongolia
Myanmar
Nepal
New Zealand
Oman
Pakistan
Papua New Guinea
Philippines
Qatar
Russia
Saudi Arabia
Singapore
Sri Lanka
Taiwan
Tajikistan
Thailand
Türkiye
Turkmenistan
United Arab Emirates
Uzbekistan
Vietnam
Yemen, Rep.
Americas
Argentina
Bahamas, The
Bolivia
Brazil
Canada
Chile
Colombia
Costa Rica
Dominican Republic
Ecuador
El Salvador
Guatemala
Guyana
Haiti
Honduras
Jamaica
Mexico
Nicaragua
Panama
Paraguay
Peru
Suriname
Trinidad & Tobago
United States of America
Uruguay
Europe
Albania
Armenia
Austria
Belarus
Belgium
Bosnia and Herzegovina
Bulgaria
Croatia
Cyprus
Czechia
Denmark
Estonia
Finland
France
Georgia
Germany
Greece
Hungary
Iceland
Ireland
Italy
Latvia
Lithuania
Luxembourg
Malta
Moldova
Netherlands
North Macedonia
Norway
Poland
Portugal
Romania
Serbia
Slovak Republic
Slovenia
Spain
Sweden
Switzerland
Ukraine
United Kingdom
Africa
Algeria
Angola
Benin
Botswana
Burkina Faso
Burundi
Cabo Verde
Cameroon
Central African Republic
Chad
Comoros
Congo, Dem. Rep.
Congo, Rep.
Cote d'Ivoire
Egypt
Eswatini
Ethiopia
Gabon
Gambia, The
Ghana
Guinea
Guinea-Bissau
Kenya
Lesotho
Liberia
Libya
Madagascar
Malawi
Mali
Mauritania
Mauritius
Morocco
Mozambique
Namibia
Niger
Nigeria
Rwanda
Senegal
Sierra Leone
South Africa
Sudan
Tanzania
Togo
Tunisia
Uganda
Zambia
Zimbabwe
Regions
Geographic Regions
Africa
Americas
Asia Pacific
Europe
Thematic Regions
Economic Giants
Global North
Global South
Developed Markets
Emerging Markets
Frontier Markets
High Income Countries
Middle Income Countries
Low Income Countries
Bottom-Billion
Trade & Political Blocs
European Union
BRICS
Association of Southeast Asian Nations (ASEAN)
Regional Comprehensive Economic Partnership (RCEP)
Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)
Forums
Indo-Pacific Economic Framework (IPEF)
OECD
G7
G20
NATO
INDICATORS
ECONOMICS
GDP Data Quality
Informal Economy Sizes
GDP Data Base Years
System of National Accounts
Statistical Capacity Index
Governance Index
GDP Size
Gross Domestic Product (GDP)
Share of Global GDP
GDP Growth
GDP Compound Annual Growth Rates
Share of Global GDP Growth
Wealth
Income & Asset Wealth per Capita
GDP Per Capita by Country
GDP Per Capita CAGR Growth
GDP Per Capita - Quality Raitings
Inequality
Gini Coefficient
Gini Year
Debt
Debt-to-GDP Ratio by Size
DEMOGRAPHY
Population Data Quality
Latest Census Year
Registration of Births
Statistical Capacity Index
Population
Population by Size
Population Growth Rates
Fertility Rates
Median Age
Age Dependency:
Young
,
Old
,
Total
Life Expectancy
E.S.G.
Environmental Ratings
Carbon Emissions
Methane Emissions
Air Quality
Access to Safe Water
Temperature Data
Social Ratings
Life Expectancy
Average Years of Schooling
Population Living in Poverty
Employment to Population Ratio
Governance Ratings
Rule of Law
Press Freedom
Political Rights
Corruption Perceptions Index
Rankings
GDP Data Quality Rankings
GDP Per Capita Data Quality Rankings
Countries by GDP Size
Countries by Share of Global GDP Growth
Countries by Share of Global GDP
Countries by Growth Rate (CAGR)
Countries by GDP Per Capita
Countries by Informal Economy Size
Countries by Debt Levels
Population Data Quality Rankings
Countries by Population Size
Countries by Corruption Levels
Countries by Inequality Levels
Environmental Impact by Country
Social Factors by Country
Governance by Country
Monthly Surveys
Global Growth Sales Managers Index
Sales Managers Index: China
Sales Managers Index: U.S.A.
Sales Managers Index: India
Data Quality Ratings
Ratings
GDP Data Quality Ratings
Population Data Quality Ratings
GDP Per Capita Data Quality Ratings
Methodologies
GDP Data Quality Ratings
Population Data Quality Ratings
GDP Per Capita Data Quality Ratings
LOG-IN
Thought for the day
Fastest Growing Countries in Asia
With Reasonable Governance and GDP and Population Data Quality
Last updated: 2 July 2024
The quality of economic data, and in particular GDP data, is of considerable importance. A number of countries produce GDP data of such poor quality that it is of little value in determining the size and growth of economic activity. World Economics reviews quarterly GDP and Population data quality for 155+ countries.
Governance is also of great importance. Research shows that countries with little respect for the rule of law, political rights and press freedom, tend to manipulate economic data in ways they see as favourable to themselves. Countries run by dictators have been shown to exaggerate annual economic growth by 30% or more.
The table below shows the 14 Asian countries we believe to have reasonable Governance and produce believable GDP and Population data.
Fastest Growing Countries in Asia
With reasonable governance, GDP and population data quality
* CAGR is calculated from the World Economics GDP Database, see
methodology
Governance is rated by the
World Economics Governance Ratings
. These indicators include Corruption Perception Levels, 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, B or C are included in these growth rankings.
GDP data quality is graded by the
World Economics GDP Data Quality Ratings
. The Ratings cover five factors to determine GDP 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, B or C are included in these growth rankings.
Population data quality is graded by the
World Economics Population Data Quality Ratings. The ratings cover three factors: Census year, Statistical capacity and Registration of live births. Each factor is evaluated and combined into the Population Data Quality Index using a weighted aggregate to reflect the importance of each of the individual factors. See full
Methodology
. Only countries with a Population Data Quality Rating of A, B or C are included in these growth rankings.
See the Asia Review...
More perspectives using World Economics data
Dire Demographics across the Americas
The Americas have seen some of the sharpest downturns in fertility rates globally from 1970 to the present. The rate in Mexico, Chile and Jamaica, for example, has fallen threefold across that period and is now below the replacement threshold. Most countries across the Americas are now also below the replacement threshold. This means population growth will stagnate creating, in turn, more elderly demo...
See detail...
More data...
The Places that Matter
Four areas of the world are now far ahead of all other places in both economic and political terms. They are China; the EU (although not a country it is a political and economic entity with many of the characteristics of a country); the USA and India. This list is in order of GDP size, calculated in Purchasing Power Parity terms with additional estimates for their Informal economies and for the age of...
See detail...
More data...
Poor Governance in the Global South
The Global South does not shine as a beacon of Good Governance. In the World Economics Global Governance rankings, the South registers badly, with only two countries (out of 99) rated A grade, only 14 countries rated as B Grade, and 54 rated D (poor) or E grade (pretty awful). The Global Governance Index combines the results of the independently generated Rule of Law Index (1); Press Freedom Index (...
See detail...
More data...