From gross domestic product to merchandise exports, it’s all about steady, high growth in the GMS. The Greater Mekong Subregion (GMS) has sustained stunning growth in the last 2 decades according to the latest statistics.
- The population of the GMS grew from 266 million in 1992 to 339 million in 2015.
- The gross domestic product of the subregion grew from $455 billion to $2.9 trillion between 1992 and 2015.
- The per capita gross domestic product, a general measure of prosperity, grew from $2,045 in 1992 to $8,572 in 2015.
- Trade within the Greater Mekong Subregion grew $5 billion 1992 to $444 billion in 2015. During the same period, the share of trade in the region quadrupled from 2 percent to 9.3 percent.
- The total merchandise exports in the GMS grew from $37.6 billion in 1992 to 440 billion in 2015.
- The total amount of services exported grew from about $104 billion in 2005 to $363 billion in 2015.
Read full article at Greater Mekong Subregion: https://www.greatermekong.org/10-killer-stats-about-growth-greater-mekong-subregion