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- Nonetheless, Asia still remains the fastest-growing major region in the world, accounting for more than two-thirds of global growth in 2019. China alone accounts for 39 percent of global growth, India 16 percent, and ASEAN 10 percent. China’s growth is expected to moderate to 6.1 percent in 2019, and 5.8 percent in 2020.
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The top 3 largest economies in Asia are China, Japan and India. China is the largest economy in Asia, comprising nearly half of the continent's gross domestic product. China (48.61%) Japan (11.06%) India (9.37%) South Korea (4.32%) Indonesia (3.49%) Turkey (2.89%) Saudi Arabia (2.58%) Other (17.68%) List. GDP Nominal. References.
Feb 23, 2023 · In ppp data, the five largest economies of Asia are China, India, Japan, Indonesia, and Turkey. 15 economies would have gdp above Int. $1 trillion in 2023 and 31 would have an economy of above Int. $100 billion. Thailand will overtake Pakistan.
Dec 20, 2019 · In 2020 Asia’s GDP will overtake the GDP of the rest of the world combined. By 2030, the region is expected to contribute roughly 60% of global growth. Asia-Pacific will also be responsible for the overwhelming majority (90%) of the 2.4 billion new members of the middle class entering the global economy.
Countries by nominal GDP in 2019 [n 2] Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. [2] . Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates.
Most Recent Year. GDP growth (annual %) - East Asia & Pacific from The World Bank: Data.
hide. (Top) List of Asian countries by GDP (PPP) per capita. See also. Notes. References. List of Asian countries by GDP (PPP) per capita. This is a list of Asian countries by GDP per capita based on purchasing power parity. All figures are given in international dollars and are the latest estimates from the International Monetary Fund. [1] .
From a 4% share of global GDP in 1960 to almost 35% in 2019, the region's economic growth has led to a dramatic drop in the number of people living below $1.90 a day, from 1.5 billion in 1990 to 263 million in 2015. The COVID-19 pandemic is likely to reverse part of these achievements.
