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Jun 21, 2023 · In terms of nominal GDP, it is the 19 th largest economy in the world, and the seventh largest in Asia. The country’s economic growth was recorded at 5.2% in 2022. The country’s economic ...
According to the first-of-its-kind ASEAN Development Outlook (ADO) report, the total combined GDP of 10 ASEAN countries in 2019 was valued at $3.2 trillion – making ASEAN the fifth-largest economy in the world, well on track to become the fourth largest by 2030.
GDP per capita. $ 8,895 (Rank 4) China is the largest economy in Asia, followed by Japan, India, South Korea, and Indonesia. These five together hold a huge 76.5% share of the Asian economy. Timor-Leste is the smallest economy in Asia. Six economies of Asia would have GDP above $1 trillion, and 24 would have an economy of above $100 billion.
The economy of Asia comprises about 4.7 billion people (60% of the world population) living in 50 different nations. [1] [2] Asia is the fastest growing economic region, as well as the largest continental economy by both GDP Nominal and PPP in the world. [11] Moreover, Asia is the site of some of the world's longest modern economic booms.
Table 4.16. Government Budget Deficit in ASEAN, as a Percentage of GDP, 2010-2019 ... Table 5.2. ASEAN Exports of Goods by Country, 2010-2019 ...
Asia is the largest of the seven continents, and many Asian countries are clearly rich in many categories, including natural beauty and resources, priceless cultural heritage, fertile land, and more. This article will focus upon monetary riches at a national level, using Gross Domestic Product (GDP), GDP per capita, and Gross National Income ...
Updated: April 2024. Key Insights. Asia- Pacific GDP is over twice that of the Americas, 4 times that of Europe and 10 times Africa. The largest Asian countries by GDP size all have reasonable Data Quality Ratings (Grades A-C), and data are likely to be believable, but all Pan region GDP data includes data of varying quality, so subscribers are ...
