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42 percent
- In 2021, Asia contributed 42 percent of world GDP (at purchasing power parity), more than any other region. 4 It cemented its status as a major presence in world trade.
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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 classentering the global economy. The bulk of that growth will come from ...
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.
However, following the coronavirus (COVID-19) pandemic, the global GDP fell by 3.4 percent. The global economy quickly recovered though, and growth rates were up at nearly six percent in 2021.
Sep 22, 2023 · Emerging Asia is home to 9 percent of the global population (702 million) and 3 percent of global GDP ($3 trillion). Average per capita GDP in 2021 was over $4,200. These economies accounted for 4 percent of global GDP growth between 1991 and 2021.
GDP (current US$) - East Asia & Pacific. World Bank national accounts data, and OECD National Accounts data files. License : CC BY-4.0. Line Bar Map.
Apr 8, 2021 · Three economies in the Asia and the Pacific region were among the largest in the world in terms of share of global PPP-based GDP: China (16.4%), India (6.7%), and Indonesia (2.4%), ranking first, third, and tenth, respectively, in the world.
