Published on 12 Apr 2024 on Insider Monkey via Yahoo Finance
20 Most Competitive Countries in Asia
In this article, we will look at the 20 most competitive countries in Asia. If you want to skip our detailed analysis, you can go directly to the 5 Most Competitive Countries in Asia.
Economic Outlook of Asia
While a stable economy fosters growth and attracts business and investment opportunities, a receding economy can do the opposite. According to the IMF, the global economic situation is stable, with growth rates projected to remain constant at 3.1% in 2024, as in 2023. Moving forward, the growth rates are anticipated to increase modestly to 3.2% in 2025, thereby fostering an overall smooth business environment.