Markets
Mapped: The Most Valuable Company in Each Southeast Asian Country
See this visualization first on the Voronoi app.
The Most Valuable Company in Each Southeast Asian Country
This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.
Southeast Asia has been emerging as an economic powerhouse in the past decade. However, there are very noticeable disparities in the sizes of the largest publicly-traded corporations in countries within the region.
In this visualization, we map the most valuable company in each Southeast Asian country, by their market capitalization in current U.S. dollars as of April 18th, 2024.
Data for this visualization and article is sourced from Companiesmarketcap.com, and the Laos and Yangon stock exchanges.
Southeast Asia’s Biggest Companies are Banks
The most valuable companies in Indonesia and Singapore, Bank Central Asia and DBS Group, are each worth more than $60 billion, and both are banks.
In the quartet of Malaysia, Thailand, Vietnam, and the Philippines, the largest companies by market cap are all worth around $20 billion. Out of the four, two are banks.
| Country | Company | Market Cap |
|---|---|---|
| 🇮🇩 Indonesia | 🏦 Bank Central Asia | $73B |
| 🇸🇬 Singapore | 🏦 DBS Group | $69B |
| 🇲🇾 Malaysia | 🏦 Maybank | $28B |
| 🇹🇭 Thailand | ⛽ PTT PCL | $27B |
| 🇻🇳 Vietnam | 🏦 Vietcombank | $20B |
| 🇵🇭 Philippines | 📈 SM Investments Corporation | $20B |
| 🇰🇭 Cambodia | 🚢 Sihanoukville Autonomous Port | $1B |
| 🇱🇦 Laos | 🏭 LALCO | $312M |
| 🇲🇲 Myanmar | 📈 First Myanmar Investment | $139M |
Note: Figures are rounded, and current as of April 18th, 2024.
Cambodia stands by itself, with its most valuable publicly listed company, Sihanoukville Autonomous Port, worth $1 billion.
Meanwhile, LALCO in Laos is a credit leasing company worth $312 million and Myanmar’s biggest company, First Myanmar Investment, is worth $139 million.
Finally, Brunei and Timor-Leste do not have public stock exchanges, but for different reasons.
Most of Brunei’s economy relies on the state-owned oil sector, which also helps make its sultan the world’s second-richest monarch. However, in Timor-Leste, a small population combined with limited access to credit and liquidity has led to limited opportunities for the creation of publicly-listed companies or an exchange.
Maps
Mapped: The 10 U.S. States With the Lowest Real GDP Growth
In this graphic, we show where real GDP lagged the most across America in 2023 as high interest rates weighed on state economies.
The Top 10 U.S. States, by Lowest Real GDP Growth
This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.
While the U.S. economy defied expectations in 2023, posting 2.5% in real GDP growth, several states lagged behind.
Last year, oil-producing states led the pack in terms of real GDP growth across America, while the lowest growth was seen in states that were more sensitive to the impact of high interest rates, particularly due to slowdowns in the manufacturing and finance sectors.
This graphic shows the 10 states with the least robust real GDP growth in 2023, based on data from the Bureau of Economic Analysis.
Weakest State Economies in 2023
Below, we show the states with the slowest economic activity in inflation-adjusted terms, using chained 2017 dollars:
| Rank | State | Real GDP Growth 2023 YoY | Real GDP 2023 |
|---|---|---|---|
| 1 | Delaware | -1.2% | $74B |
| 2 | Wisconsin | +0.2% | $337B |
| 3 | New York | +0.7% | $1.8T |
| 4 | Missississippi | +0.7% | $115B |
| 5 | Georgia | +0.8% | $661B |
| 6 | Minnesota | +1.2% | $384B |
| 7 | New Hampshire | +1.2% | $91B |
| 8 | Ohio | +1.2% | $698B |
| 9 | Iowa | +1.3% | $200B |
| 10 | Illinois | +1.3% | $876B |
| U.S. | +2.5% | $22.4T |
Delaware witnessed the slowest growth in the country, with real GDP growth of -1.2% over the year as a sluggish finance and insurance sector dampened the state’s economy.
Like Delaware, the Midwestern state of Wisconsin also experienced declines across the finance and insurance sector, in addition to steep drops in the agriculture and manufacturing industries.
America’s third-biggest economy, New York, grew just 0.7% in 2023, falling far below the U.S. average. High interest rates took a toll on key sectors, with notable slowdowns in the construction and manufacturing sectors. In addition, falling home prices and a weaker job market contributed to slower economic growth.
Meanwhile, Georgia experienced the fifth-lowest real GDP growth rate. In March 2024, Rivian paused plans to build a $5 billion EV factory in Georgia, which was set to be one of the biggest economic development initiatives in the state in history.
These delays are likely to exacerbate setbacks for the state, however, both Kia and Hyundai have made significant investments in the EV industry, which could help boost Georgia’s manufacturing sector looking ahead.
-
United States5 days agoMapped: Countries Where Recreational Cannabis is Legal
-
Healthcare2 weeks agoLife Expectancy by Region (1950-2050F)
-
Markets2 weeks agoThe Growth of a $1,000 Equity Investment, by Stock Market
-
Markets2 weeks agoMapped: Europe’s GDP Per Capita, by Country
-
Money1 week agoCharted: What Frustrates Americans About the Tax System
-
Technology1 week agoCountries With the Highest Rates of Crypto Ownership
-
Mining1 week agoWhere the World’s Aluminum is Smelted, by Country
-
Personal Finance1 week agoVisualizing the Tax Burden of Every U.S. State