ABSTRACT
Developing economies in Asia and the Pacific (developing Asia) have registered remarkable growth over the past few decades.2 During 1980-2010, developing Asia’s real gross domestic product (GDP) grew 7.1% annually on average, compared to the world average of 2.8% (Figure 15.1). The region’s real per capita GDP (in constant 2000 US dollars) climbed from about $257.26 in 1980 to $1,420.14 in 2010. That is an increase of more than five times, compared with about 1.5 times for the world’s per capita GDP during the same period. By 2010, the region accounted for 32.3% of world GDP; including Japan, the share reached 42.1%.
