5 Developed Countries in Asia

In this article, we will look into the 5 developed countries in Asia. If you want to read our detailed analysis, you can go directly to the 20 Developed Countries in Asia.

5. Qatar

Human Development Index (2021): 0.855

GDP Per Capita (2023): $114,210

Insider Monkey Rating: 9 out of 10

Qatar is ranked among the 20 developed countries in Asia. It reported a Human Development Index of 0.855 in 2021. According to the IMF, Qatar registered a GDP per Capita of $114,210 in 2023.

4. South Korea

Human Development Index (2021): 0.925

GDP Per Capita (2023): $56,710

Insider Monkey Rating: 9.5 out of 10

South Korea reported an HDI of 0.925. The GDP per capita in the country is reported to be $56,710 in 2023. South Korea’s economy grew by 1.4% in 2023.

3. United Arab Emirates

Human Development Index (2021): 0.911

GDP Per Capita (2023): $88,960

Insider Monkey Rating: 9.5 out of 10

Ranked 3rd on our list, the United Arab Emirates reported an HDI of 0.911 in 2021. The UAE boasts a GDP per capita of $88,960 as of 2023. The country registered a GDP growth of 3.4% in 2023.

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%.

1. Singapore

Human Development Index (2021): 0.939

GDP Per Capita (2023): $133,110

Insider Monkey Rating: 10 out of 10

Singapore tops our list of the 20 developed countries in Asia. It reported a Human Development Index of 0.939 in 2021. According to the IMF, Singapore reported a GDP per Capita of $133,110 in 2023.

You can also look at 20 Most Expensive States to live in 2024 and 25 Fastest Growing Economies in the World.