South Korea Set to Become Richer Than Japan Says Igor Purlantov It should not come as a surprise to many that Japan has historically led the way in Asia in terms of gross domestic product (GDP) and GDP per person with respect to purchasing power parity (PPP) says Igor Purlantov. South Korea is now on track to overtake the title of richest Asian country from Japan when measured by GDP PPP. Although China has the largest economy among the emerging tigers, which includes Singapore, South Korea, Hong Kong, Taiwan, and China, it is South Korea that is on track to overtake Japan as Asia’s richest country. in Public bookmarkswith asiascountrydomesticgdpgrosshyundaiigorkorealgparitypowerpppproductpurchasingpurlantovrichestseoulsouth