5 Developed Countries in Asia

2. Taiwan

Human Development Index (2021): 0.926

GDP Per Capita (2023): $72,490

Insider Monkey Rating: 9.5 out of 10

Taiwan ranks 2nd on our list, reporting an HSI of 0.926, according to Taiwan’s Statistical Bureau. The country reported a GDP per capita of $72,490 in 2023 and a GDP growth of 0.8%.