Podcast
Questions and Answers
Which economic bloc has the highest GDP?
Which economic bloc has the highest GDP?
- APEC
- G-20 (correct)
- OECD
- RCEP
Which of the following blocs has the most number of members?
Which of the following blocs has the most number of members?
- G-77 (correct)
- AU
- IORA
- AfCFTA
Which bloc was formed in 1961?
Which bloc was formed in 1961?
- GCC
- ASEAN
- OPEC
- OECD (correct)
Which bloc has the lowest GDP?
Which bloc has the lowest GDP?
Which of the following blocs has 10 members?
Which of the following blocs has 10 members?
Which bloc was formed in 1997?
Which bloc was formed in 1997?
Which of the following blocs has a GDP of approximately $3.6 trillion?
Which of the following blocs has a GDP of approximately $3.6 trillion?
Which bloc has 13 members?
Which bloc has 13 members?
What is the formation year of SAFTA (South Asian Free Trade Area)?
What is the formation year of SAFTA (South Asian Free Trade Area)?
How many members are there in SAFTA (South Asian Free Trade Area)?
How many members are there in SAFTA (South Asian Free Trade Area)?
What is the approximate Foreign Exchange Reserve of India?
What is the approximate Foreign Exchange Reserve of India?
What is the GDP of Vietnam in USD?
What is the GDP of Vietnam in USD?
What is the approximate GDP per capita of Vietnam?
What is the approximate GDP per capita of Vietnam?
What is the total trade (exports and imports) of Vietnam in 2022?
What is the total trade (exports and imports) of Vietnam in 2022?
What is the GDP per capita of Singapore on PPP?
What is the GDP per capita of Singapore on PPP?
Which organization has Vietnam as a member?
Which organization has Vietnam as a member?
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Study Notes
International Organizations
- ASEAN (Association of Southeast Asian Nations) formed in 1967, with 10 members, and a GDP of approximately $3.6 trillion.
- RCEP formed in 2020, with 15 members, and a GDP of $25.8 trillion.
- CPTPP formed in 2018, with 11 members, and a GDP of approximately $13.5 trillion.
- USMCA formed in 2020, with 3 members, and a GDP of $24.8 trillion.
- IORA formed in 1997, with 23 members, and a GDP of $12 trillion.
- AU formed in 2002, with 55 members, and a GDP of $3 trillion.
- SAARC formed in 1985, with 8 members, and a GDP of approximately $3.5 trillion.
- BRICS formed in 2009, with 5 members, and a GDP of $27.5 trillion.
- ACD formed in 2002, with 35 members.
- EU formed in 1993, with 27 members, and a GDP of $18 trillion.
- GCC formed in 1981, with 6 members, and a GDP of $1.6 trillion.
- AFTA formed in 1992, with 10 members.
- Mercosur formed in 1991, with 4 members, and a GDP of $3.4 trillion.
- OECD formed in 1961, with 38 members, and a GDP of $59 trillion.
- APEC formed in 1989, with 21 members, and a GDP of $53 trillion.
- OPEC formed in 1960, with 13 members, and a GDP of $4.3 trillion.
- AfCFTA formed in 2018, with 55 members, and a GDP of approximately $3.4 trillion (2022).
- G-20 formed in 1999, with 19 countries + EU, and a GDP of approximately $85 trillion (2022).
- G-77 formed in 1964, with 134 members.
- MGC formed in 2000, with 6 members.
Vietnam's Membership
- Vietnam is a member of ASEAN, RCEP, CPTPP, ACD, AFTA, APEC, G-77, and MGC.
Foreign Exchange Reserves
- China: USD 3.2 trillion
- Japan: USD 1.25 trillion
- Switzerland: USD 875 billion
- India: USD 600 billion
- Russia: USD 568 billion
- Taiwan: USD 656 billion
- Saudi Arabia: USD 430 billion
- Hong Kong: USD 420 billion
- South Korea: USD 420 billion
- Singapore: USD 340 billion
- Thailand: USD 225 billion
- Malaysia: USD 115 billion
- Vietnam: USD 90 billion
- Venezuela: USD 6 billion
- Bangladesh: USD 18 billion
GDP and GDP per Capita
- The US: USD 26 trillion
- China: USD 19 trillion
- Japan: USD 5.2 trillion
- Germany: USD 4.2 trillion
- India: USD 3.8 trillion
- UK: USD 3.7 trillion
- Vietnam: USD 445 billion
- GDP per capita is derived by dividing the respective GDP by its population
- US: USD 75,000
- China: USD 13,700
- Vietnam: USD 4,450
- India: USD 2,600
- Singapore: USD 91,000
- Somalia: USD 550
- Norway: USD 92,500
GDP per Capita on PPP
- Vietnam: USD 14,500
- Singapore: USD 130,000
- The US: USD 73,000
- China: USD 22,000
Vietnam's Trade
- Total trade (exports and imports) in 2022: USD 732 billion
- Total exports in 2022: USD 370 billion
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