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The image displays a bar graph labelled with eight countries and three different measurements; car price in USD, GDP per person (2013) in USD, and estimated time in years for one person to buy a car, represented by bars in varying heights. The car model is a Toyota Camry. The data reads as follows: Singapore - car price $110,760, GDP per person $55,182, time 2; Malaysia - car price $51,217, GDP per person $10,538, time 5; China - car price $41,894, GDP per person $6,807, time 6; Thailand - car price $40,508, GDP per person $5,779, time 7; Indonesia - car price $35,768, GDP per person $3,475, time 10; Philippines - car price $37,391, GDP per person $2,765, time 14; Laos - car price $44,322, GDP per person $1,660, time 27; Vietnam - car price $51,484, GDP per person $1,890, time 27. There's a note that states "(*) Assumes GDP/person and income/person are the same".
Given the complexity of the image, the above description may not be entirely accurate.
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The graph compares the GDP per capita, cost of a Toyota Camry and approximate length of time it takes for 1 citizen to purchase that mode of transport in eight Asian countries.Overall , The cost of Toyota Camry and GDP in Singapore is significantly higher than all the other countries so time needed for a person to buy a car is less whereas in Vietnam the GDP is very less so this increases estimated time to buy a car.
GDP is indirectly proportional to the time required to buy a car . In Vietnam, price of the car ($49,944) is almost 47 times of Income of a person ($1910) so the time needed to buy a car is almost 26 years.On an average a person in China earns $55,182 so even though the Toyota Camry’s cost in china is more($126,245) he require only 2.2 years to buy it.
Countries like Malaysia , China and Thailand have a proper ratio between GDP , car price and time needed to buy a car. A person in China needs around 4.8years to buy a car of cost $29,882 with an average income of $41,302 which is so realistic and affordable.
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