20 Most Urbanised Countries in Asia [Yahoo! Finance]
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Source: Yahoo! Finance
If you want to skip our detailed analysis, head straight to the 5 Most Urbanised Countries in Asia Urbanization is a defining element of the modern day and age, with over half of the global population residing in urban areas today. The World Bank indicates that by 2050, this figure will increase further, with nearly of people expected to be living in cities. On one hand, cities serve as hubs of economic activity, generating over 80% of global GDP and promoting innovation. However, the speed and scale of urbanization strain existing infrastructure and services and lead to issues like affordable housing shortages, inadequate transportation systems, and environmental degradation. Importantly, urbanization in Asia specifically is undergoing unprecedented growth, with over half of the world's urban population residing in the region. By 2030, it is projected that over one billion urban residents may face multiple high or extreme hazards, highlighting the vulnerability of rapidly expandi
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