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Jun 18, 2023 · South Korea is Asia’s fourth largest economy by nominal GDP and among the fastest growing emerging markets in the world. It registered a GDP growth rate of 2.6% in 2022, which is expected to ...
Asia has the largest continental economy in the world by both GDP nominal and PPP values, and is the fastest growing economic region. As of 2023 [update] , China is by far the largest economy on the continent, making up nearly half of the continent's economy by GDP nominal.
The economy of Indonesia is a mixed economy with dirigiste characteristics, and it is one of the emerging market economies in the world and the largest in Southeast Asia. As an upper-middle income country and member of the G20 , Indonesia is classified as a newly industrialized country . [32]
Jul 5, 2021 · The Asian economy, comprising 48 economies, in 2021 is projected around US$36.8 trillion in nominal terms, calculated by taking figures from the IMF. Asia accounts for 39% of the world GDP. In ppp terms, its shares go close to 47.5% with Int. $68.7 trillion. Asia is the largest continental economy since the year 2010 after overtaking Europe.
Rank Country GDP (millions of USD) 1 China 17,700,899 2 Japan 4,230,862 3 India 3,732,224 4 South Korea 1,709,232 5 Australia 1,687,713 6 Indonesia 1,417,387 7 Taiwan ...
The economy of East Asia comprises 1.6 billion people (20% of the world population) living in six different countries and regions. The region includes several of the world's largest and most prosperous economies: Taiwan, Japan, South Korea, China, Hong Kong, and Macau. It is home to some of the most economically dynamic places in the world, [11 ...
Jan 8, 2023 · In its latest “World Economic Outlook” report, the IMF projected GDP growth for Asia’s second-largest economy of 2.1 percent in 2022 but just 0.9 percent in 2023, below the average for ...
