FX.co ★ The five most promising economies of Asia

According to the World Bank estimates, at the present day most Asian countries have excellent prospects for the development of national economies.

The leading role among these states belongs to Laos. This year the country can improve its economy by 7%. Investments in energy and support of the Association of Southeast Asian Nations, including 10 countries, will help Laos with it. Last year the country's GDP achieved $13.7 bln.

The Philippines takes the second place among the countries with good economic prospects. According to the World Bank data, the country's GDP has increased by 6.9% this year. One of the reasons for the growth is a highway construction in the capital.

In the eyes of some economists, the further development of the Philippine economy will be facilitated by remittances from abroad, as well as the active development of tourism, increasing the inflow of foreign investments.

Cambodia is on the third place of the list. According to the World Bank estimates, GDP here can rise by 6.9% and come up to $19.4 bln. It will be facilitated by foreign investments in both wearing-apparel industry and real state and construction industries. In the estimation of Research and Markets, two years ago clothing exports was $6 bln, that is 70% of the country's total exports.

The fourth position among the most economically promising Asian countries is occupied by Myanmar. Upon the information received from the World Bank, the country's GDP equaled $68.3 bln. The inflow of foreign investments surged into Myanmar five years ago, when the state bacame free of the military dictatorship. Progressive changes are recorded in the country's business sector.

The fifth place among the countries with excellent economic prospects is given to PRC. Last year GDP of the country expanded by 6.7%. And even a slight slowdown in the current year didn't influence on the overall picture of the Celestial Empire's economic growth. The Chinese economy, admitted as the second largest economy in the world, continues to develop dynamically. Most experts connect that with the heightened interest to the new objects of infrastructure and the increase in exports.

In 2017 foreign investments is expected to grow by 15%, that far exceeds 4.1% in 2016.