What is the GDP of Asia?
What is the GDP of Asia?
$31.58 trillion
Economy of Asia
| Statistics | |
|---|---|
| Population | 4,560,667,108 (59.76% of world) |
| GDP | $31.58 trillion (Nominal; 2019) $65.44 trillion (PPP; 2019) |
| GDP growth | 5.7% (2017) |
| GDP per capita | $7,351 (2019; 5th) |
Which country GDP is highest in Asia?
This is a list of gross domestic product (GDP) at purchasing power parity (PPP) for the latest years recorded in the CIA World Factbook….South East Asia (SEA)
| Rank | Country | 2021 GDP (PPP) |
|---|---|---|
| 1 | Indonesia | $3.53 trillion |
| 2 | Singapore | $1.261 trillion |
| 3 | Thailand | $1.14 trillion |
| 4 | Philippines | $1.006 trillion |
What is the lowest GDP in Asia?
Top 13 poorest countries in Asia (World Bank, by 2020 GDP per capita, current US$)*
- Nepal ($1155.14)
- Kyrgyzstan ($1173.61)
- Pakistan ($1193.73)
- Timor-Leste ($1381.17)
- Myanmar ($1400.21)
- Cambodia ($1512.72)
- Uzbekistan ($1685.76)
- India ($1900.71)
Is Europe richer than Asia?
For the first time in modern history, Asia is now richer than Europe. And it is catching up with North America too; by 2019 the region’s wealth is expected to reach $75 trillion compared to $63 trillion in North America.
Which is Asia’s second largest economy?
‘India to surpass Japan as Asia’s 2nd largest economy by 2030’
What is the average GDP of Japan?
GDP in Japan averaged 2781.15 USD Billion from 1960 until 2019, reaching an all time high of 6203.21 USD Billion in 2012 and a record low of 44.31 USD Billion in 1960. This page provides – Japan GDP – actual values, historical data, forecast, chart, statistics, economic calendar and news.
What will Japan’s GDP look like in 2022?
In the long-term, the Japan GDP is projected to trend around 5100.00 USD Billion in 2022, according to our econometric models. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.
Is China’s economic growth converging with that of other Asian countries?
Here’s the story in 14 graphs. Due to increased growth in Southeast Asia, the GDP growth rates in ASEAN countries are converging with that of China – close to 6%. China’s slowing growth makes its companies less optimistic than those in other Asian countries…
What is driving economic growth in ASEAN?
Consumers in most ASEAN nations are optimistic. And ASEAN companies are increasingly taking on credit to further fuel growth. These positive signs are further reflected in and fuelled by an increase in Foreign Direct Investment in the region.