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The Tiger Cub Economies (in yellow) consist of five countries, Indonesia, Malaysia, Philippines, Thailand, Vietnam.
Also shown are the original tigers ( South Korea, Taiwan, Singapore and Hong Kong) (in red).

The Tiger Cub Economies collectively refer to the economies of the developing countries of Indonesia, Malaysia, the Philippines, Thailand and Vietnam, [1] the five dominant countries in Southeast Asia. [2] [3]


The Tiger Cub Economies are so named because they attempt to follow the same export-driven model of technology and economic development already achieved by the rich, high-tech, industrialized, and developed countries of South Korea, Singapore, and Taiwan, along with the wealthy financial center of Hong Kong, which are all collectively referred to as the Four Asian Tigers. [4] [5] [6] [7] Young tigers are referred to as "cubs", the implication being that the five newly industrialized countries [8] who make up the Tiger Cub Economies are rising Tigers. In fact, four countries are included in HSBC's list of top 50 economies in 2050, [9] while Indonesia, Vietnam and the Philippines are included in Goldman Sachs's Next Eleven list of high potential economies because of their rapid growth[ quantify] and large population.

Overseas Chinese entrepreneurs played a major prominent role in the development of the region's private sectors. These businesses are part of the larger bamboo network, a network of overseas Chinese businesses operating in the markets of developing countries like Malaysia, Indonesia, Thailand, and the Philippines that share common family and cultural ties. [10] China's transformation into a major economic power in the 21st century has led to increasing investments in Southeast Asian countries where the bamboo network is present. [11]

2024 data

GDP and GDP per capita data are according to the International Monetary Fund's October 2023 data. [12]

Rank Country Population
in million

GDP Nominal
trillions of
GDP Nominal
per capita

thousands ofUSD

trillions of
per capita
thousands ofUSD
  ASEAN 685.15 4.16 6.07 11.93 17.41
1   Indonesia 279.96 1.54 5.51 5.51 16.84
2   Thailand 70.27 0.543 7.73 1.67 23.71
3   Philippines 114.16 0.476 4.17 1.38 12.13
4   Vietnam 101.3 0.469 4.64 1.55 15.32
5   Malaysia 33.460 0.465 13.91 1.31 39.07

Economies of Southeast Asia

Developing economies of the Tiger Cubs

Developed economies of the Four Asian Tigers

See also


  1. ^ PAUTASSO, D.; CARDOSO, A. K.. A Nova Ordem Energética Internacional Archived 2017-08-17 at the Wayback Machine. São Paulo: Escola Superior de Propaganda e Marketing/II Seminário de Iniciação Científica da ESPM – São Paulo: 2013
  2. ^ Rod Davies (16 June 2002). "Asian Marketing, Market Research and Economic Capsule Review". Asia Market Research. Retrieved 20 February 2013.
  3. ^ HOMLONG, Nathalie; SPRINGLER, Elisabeth. Business-Handbuch Vietnam: Das Vietnamgeschäft erfolgreich managen: Kulturverständnis, Mitarbeiterführung, Recht und Finanzierung. Wiesbaden: Springer Gabler, 2013.
  4. ^ "TSMC is about to become the world's most advanced chipmaker". The Economist. 5 April 2018.
  5. ^ "Taiwan's TSMC Could be About to Dethrone Intel". 28 November 2018.
  6. ^ "TSMC set to beat Intel to become the world's most advanced chipmaker". 10 April 2018.
  7. ^ "Taiwanese navy fires NUCLEAR MISSILE at fisherman during horrifying accident". Daily Mirror. 29 August 2016.
  8. ^ "The East Asian Miracle Economic Growth and Public Policy". World Bank. 30 September 1993. Retrieved 20 February 2013.
  9. ^ Kevin Voigt (12 January 2012). "World's top economies in 2050 will be..." CNN. Retrieved 20 February 2013.
  10. ^ Murray L Weidenbaum (1 January 1996). The Bamboo Network: How Expatriate Chinese Entrepreneurs are Creating a New Economic Superpower in Asia. Martin Kessler Books, Free Press. pp. 4–8. ISBN  978-0-684-82289-1.
  11. ^ Quinlan, Joe (November 13, 2007). "Insight: China's capital targets Asia's bamboo network". Financial Times.
  12. ^ "". Retrieved 2024-02-25. {{ cite web}}: External link in |title= ( help)