Economic Decline Index

Asia Ranking

0 (low) - 10 (high)Source: IMF

Current Rank	Country	Value	Latest Reading	Previous Rank	Previous Value

1	North Korea	8.6	2022	1	8.9
2 ↑	Burma (Myanmar)	7.5	2022	19	4.8
3 ↑	Macao	7.3	2021	30
4 ↓	Kyrgyzstan	7.2	2022	2	7.1
5 ↓	Pakistan	6.6	2022	2	7.1
6 ↓	India	6.5	2022	4	7
7 ↓	Tajikistan	6	2022	6	6.3
8 ↑	Nepal	5.6	2022	11	5.3
9 ↓	Maldives	5.5	2022	5	6.5
9 ↑	Cambodia	5.5	2022	13	5.2
9 ↑	Bhutan	5.5	2022	17	5
9 ↓	Sri Lanka	5.5	2022	7	5.6
13 ↓	Bangladesh	5.4	2022	8	5.5
14 ↓	Uzbekistan	5.1	2022	10	5.4
15	Mongolia	5	2022	15	5.1
15 ↓	Kazakhstan	5	2022	8	5.5
17 ↓	Philippines	4.9	2022	11	5.3
18 ↓	Laos	4.8	2022	15	5.1
19 ↓	Russia	4.7	2022	13	5.2
20 ↓	Turkmenistan	4.6	2022	18	4.9
21 ↓	Azerbaijan	4.2	2022	20	4.7
21	Indonesia	4.2	2022	21	4.3
23 ↓	Vietnam	3.6	2022	22	3.9
23 ↓	Thailand	3.6	2022	22	3.9
25 ↓	Japan	3.4	2022	24	3.7
26 ↓	China	3.3	2022	24	3.7
27 ↓	Malaysia	3.2	2022	26	3.3
28 ↓	Brunei	3	2022	26	3.3
29 ↓	South Korea	1.7	2022	28	1.9
30 ↓	Singapore	1.1	2022	29	1.6

Definition of Economic Decline Index

The Economic decline indicator considers factors related to economic decline within a country. For example, the indicator looks at patterns of progressive economic decline of the society as a whole as measured by per capita income, Gross National Product, unemployment rates, inflation, productivity, debt, poverty levels, or business failures. It also takes into account sudden drops in commodity prices, trade revenue, or foreign investment, and any collapse or devaluation of the national currency. The higher the value of the indicator, the greater the economic decline in the country.