5 Most Advanced Countries in Asia

In this article, we talk about the 5 most advanced countries in Asia. If you want to check out our detailed analysis of development on the Asian continent, head to 12 Most Advanced Countries in Asia.

5. Taiwan

Human Development Index Score: 0.916

R&D share in 2020 GDP: 3.63%

Taiwan is located in East Asia and is one of the most advanced countries in Asia. The share of R&D in Taiwan in 2020 was a considerable 3.63% of its GDP. Its human development score was also very high at 0.916 in 2022. 

Taiwan dominates the world’s chip industry with its TSMC company, which has a global market share of 53% as of 2022, easily surpassing any other chip manufacturing company on the planet. Other major technology companies in Taiwan include ASE Group and United Microelectronics Corporation.