China’s GDP Growth is Now Lagging the Rest of Asia

What We’re Showing

The projected growth of per-capita GDP for selected Asian nations between 2023-2026. The data was compiled by HSBC as of November 2024.

Key Takeaways

• India and Southeast Asian nations are projected to achieve 6.5% average per-capita GDP growth over 2023-2026. China, however, is lagging the rest of Asia.
• Most of these economies are expected to thrive boosted by young demographics, rising middle-class consumers, strong foreign and domestic private investment flows, and the technology boom.