Visualizing Asia’s $40 Trillion Economy
Asia’s economy is driven by a mix of manufacturing giants like China and South Korea, technology hubs such as India, and resource-rich nations like Saudi Arabia.
As home to some of the world’s largest economies, the region dominates global trade, especially in key tech industries like semiconductors and consumer electronics.
This graphic visualizes Asia’s total GDP, by country in U.S. dollars. Data is for 2024.
Data comes from the International Monetary Fund. Figures for North Korea, Sri Lanka, Palestine, Syria, Lebanon, and Afghanistan were not available.
Which Asian Country Has the Highest GDP?
Below, we show each Asian country’s 2024 GDP and their share of the region’s GDP.
Country/Region | 2024 GDP (U.S. dollars) | Share of Asia Economy |
---|---|---|
🇨🇳 China | 18.3T | 45.99% |
🇯🇵 Japan | 4.1T | 10.24% |
🇮🇳 India | 3.9T | 9.79% |
🇰🇷 South Korea | 1.9T | 4.71% |
🇮🇩 Indonesia | 1.4T | 3.53% |
🇹🇷 Türkiye | 1.3T | 3.38% |
🇸🇦 Saudi Arabia | 1.1T | 2.77% |
🇹🇼 Taiwan | 775B | 1.95% |
🇦🇪 United Arab Emirates | 545B | 1.37% |
🇸🇬 Singapore | 531B | 1.34% |
China continues to lead Asia’s economy with an $18.3 trillion GDP, more than four times greater than second-place Japan ($4.1 trillion) and greater than 30 other countries in the region combined.
The top three economies—China, Japan, and India—account for around two-thirds (66%) of the region’s economy. South Korea and Indonesia round out the top five, contributing to a combined 74% share of Asia’s GDP.
What Drives Asia’s Top Economies?
China’s growth is driven by manufacturing, exports, and technology, while Japan’s economy is fueled by advanced industries and a strong consumer market.
India’s expanding tech sector and services industry play a key role in its rising GDP, while Indonesia, the largest economy in Southeast Asia, benefits from its natural resources and growing domestic consumption.
Several Middle Eastern countries, including Saudi Arabia and the United Arab Emirates rank among the top 10 largest economies in Asia, driven by their vast oil and natural gas reserves, which have fueled rapid economic growth and strong global trade relationships.
Información extraída de: https://www.visualcapitalist.com/visualizing-asias-40-trillion-economy/