T H E E C O N O M I C S I T U A T I O N I N A S I A By 2030, Asia's GDP is projected to account for 40% of world GDP compared to the current 33.8% Source: Círculo de Empresarios based on World Bank, BIS, The Conference Board, UNCTAD, & IMF, 2018 GDP evolution $tn The Asian market share of exports of goods accounts for approximately a third of the world total, with China taking the lion’s share (12.8%) Labour productivity Asia represents 34% of the total world FDI, with China as the major FDI recipient Main FDI recipients in 2017 $bn Calculated as a % of the US The public debt of Asia represents 85% of GDP. Emphasis is placed on Japan as the economy with the highest public debt (213% of GDP) Evolution of household debt Countries with the highest non-financial debt in Asia % of GDP Doing Business (World Bank, 190 countries) Ranking of Asian countries, 48 countries Score Position in world ranking $tn, 2007=100 *Countries with a population of less than 2 million people have not been taken into account Share of exports of goods & services % of the world total Distribution of FDI by regions of Asia % of the total China Japan Hong Kong South Korea Singapore World 31% 24% 16% 6% 5% * * South Korea Singapore Hong Kong Malaysia Taiwan 2nd 1st 3rd 5th 4th 83.92 84.57 83.44 78.43 80.07 4th 2nd 5th 24th 15th In China, private debt represents 231% of GDP, increasing household debt 11-fold since 2007 Goods Services Note: South Asia includes the countries of the Middle East and South Asia Share of Asia in the world (%) 26.5 2000 33.8 2017 1960 1980 18.6 14.6 Average annual GDP growth in the last 10 years % Countries with high growth Countries with low growth Asia average China 7.9 Laos 7.5 India 7.4 Taiwan 2,9 Hong Kong 2,9 Japan 0,8 5.3 Total investment $486 bn 34% world FDI China Hong Kong India Singapore Indonesia 136 40 104 62 23 Main investing countries in China % of the total Hong Kong Taiwan Singapore 75.5 3.7 3.6 Distribution of FDI by regions of Asia % of the total