List of Asian countries by GDP

Source International Monetary Fund World Economic Outlook (October-2024)
Date03 Nov 2024

China is the largest economy in Asia, followed by Japan and India. These three together hold a huge 65.8% share of the Asian economy. South Korea and Indonesia complete the top five list. The top eight hold a 82% share of the continent's economy. Timor-Leste is the smallest economy in Asia.

Seven economies of Asia would have GDP above $1 trillion, and 25 would have an economy above $100 billion. In 2024, Thailand might be overtaken by the United Arab Emirates and Singapore. Singapore might overtake Israel too. Three Asian economies are in the list of the top ten largest economies in the world, and 20 economies are within the top 50 world GDP rankings.

Out of 49 economies, the nominal GDP of 40 economies would increase, and 9 economies would decrease in 2024 compared to 2023. With $515 bn, China will be the top contributor, followed by India ($322 bn) and Türkiye ($214 bn). Japan would be the top decliner.

In PPP data, the five largest economies of Asia are China, India, Japan, Indonesia, and Türkiye. 15 economies would have GDP above Int. $1 trillion in 2024, and 34 would have an economy above Int. $100 billion. Vietnam will overtake Pakistan. Four Asian economies are in the list of the top ten largest economies globally, and 20 economies are within the top 50 world GDP (PPP) ranking.

Out of 49 economies, GDP (PPP) of 44 economies would increase, and five economies would decrease in 2024 compared to 2023. China (Int. $2531 bn), India (Int. $1400 bn), Indonesia (Int. $324 bn), Türkiye (Int. $179 bn), and Japan (Int. $174 bn) would be the top gainers. The five decliners would be West Bank and Gaza, Afghanistan, Kuwait, Lebanon, and Timor-Leste.

All economies have higher GDP on a PPP basis. Afghanistan has the highest PPP to nominal ratio of 5.455, while Israel has the lowest figure of 1.025.

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GDP (Nominal)

Code Country/Economy GDP (billions of $) Share (%) Rank
20232024ChangeAsiaWorld AsiaWorld
PSEWest Bank and Gaza 17.4219.000-8.4210.02260.0081846153
LBNLebanon 24.02321.000-3.0230.05270.019139126
LKASri Lanka 84.36289.0004.6380.2230.08092676
AFGAfghanistan 17.32916.500-0.8290.04140.015040135
ARMArmenia24.08625.2511.1650.06330.022937118
AZEAzerbaijan72.35675.6493.2930.1900.06872884
BHRBahrain46.08047.8121.7320.1200.04343296
BGDBangladesh451.534451.468-0.0661.130.4101535
BTNBhutan2.9083.1510.2430.007900.0028648168
BRNBrunei Darussalam15.12615.7100.5840.03940.014343140
KHMCambodia43.30447.1473.8430.1180.04283397
CHNChina17,758.04618,273.357515.31145.816.612
CYPCyprus32.23934.7902.5510.08730.031635106
GEOGeorgia30.53633.1912.6550.08320.030236108
HKGHong Kong SAR380.812401.75120.9391.010.3651841
INDIndia3,567.5523,889.130321.5789.753.5335
IDNIndonesia1,371.1711,402.59031.4193.521.27516
IRNIslamic Republic of Iran372.820434.24361.4231.090.3951737
IRQIraq252.407264.14911.7420.6630.2402151
ISRIsrael513.611528.06714.4561.320.4801231
JPNJapan4,219.8284,070.094-149.73410.23.7024
JORJordan50.88553.3052.4200.1340.04843193
KAZKazakhstan263.372292.55329.1810.7340.2662049
KORKorea1,839.0581,869.91630.8584.691.70412
KWTKuwait163.716161.822-1.8940.4060.1472359
KGZKyrgyz Republic13.99315.7741.7810.03960.014342139
LAOLao P.D.R.14.94314.9490.0060.03750.013644142
MACMacao SAR47.06153.4476.3860.1340.04863091
MYSMalaysia399.705439.74840.0431.100.4001636
MDVMaldives6.5736.9840.4110.01750.0063547157
MNGMongolia20.31523.6693.3540.05940.021538120
MMRMyanmar64.50564.284-0.2210.1610.05842989
NPLNepal40.90743.6732.7660.1100.039734101
OMNOman108.811109.9931.1820.2760.09992570
PAKPakistan337.457374.59537.1380.9400.3401944
PHLPhilippines437.146470.06232.9161.180.4271333
QATQatar213.003221.4068.4030.5550.2012256
SAUSaudi Arabia1,067.5831,100.70633.1232.761.00719
SGPSingapore501.428530.70829.2801.330.4821029
TWNTaiwan Province of China755.674775.01719.3431.940.704822
TJKTajikistan11.85512.9951.1400.03260.011845146
THAThailand514.836528.91914.0831.330.4811130
TLSTimor-Leste2.3791.992-0.3870.005000.0018149178
TURTürkiye1,129.9741,344.318214.3443.371.22617
TKMTurkmenistan77.71683.8836.1670.2100.07622779
AREUnited Arab Emirates514.130545.05330.9231.370.495927
UZBUzbekistan101.584112.65311.0690.2830.1022468
VNMVietnam433.702468.48534.7831.180.4261434
YEMYemen18.80616.192-2.6140.04060.014741136
Asia 38,448.668 39,870.151 1,421.483 36.22
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GDP (PPP)

Code Country/Economy GDP (billions of Int. $) Share (%) Rank PPP/Nom
20232024ChangeAsiaWorld AsiaWorld
PSEWest Bank and Gaza 30.46115.000-15.4610.01590.00771461561.667
LBNLebanon 66.67860.000-6.6780.06370.0308411242.857
LKASri Lanka 318.670330.00011.3300.3500.17024633.708
AFGAfghanistan 91.66890.000-1.6680.09560.0463361045.455
ARMArmenia63.82669.2975.4710.07360.0356391132.744
AZEAzerbaijan239.612253.12113.5090.2690.13026723.346
BHRBahrain100.140105.6465.5060.1120.054333992.210
BGDBangladesh1,568.5441,692.743124.1991.800.87011243.749
BTNBhutan12.04912.9790.9300.01380.00667481614.119
BRNBrunei Darussalam39.13341.0161.8830.04360.0211451382.611
KHMCambodia129.428139.80110.3730.1480.071931912.965
CHNChina34,540.88237,072.0862,531.20439.419.1112.029
CYPCyprus52.13855.1403.0020.05860.0283431281.585
GEOGeorgia92.846102.2459.3990.1090.0525341003.081
HKGHong Kong SAR539.201569.82830.6270.6050.29320501.418
INDIndia14,619.78216,019.9701,400.18817.08.23234.119
IDNIndonesia4,334.7214,658.321323.6004.952.39483.321
IRNIslamic Republic of Iran1,600.1411,698.46398.3221.800.87310233.911
IRQIraq639.758655.41715.6590.6960.33719462.481
ISRIsrael524.996541.34316.3470.5750.27821511.025
JPNJapan6,398.2756,572.198173.9236.983.38351.615
JORJordan118.539124.2845.7450.1320.063932942.332
KAZKazakhstan783.772830.60546.8330.8820.42718392.839
KORKorea3,105.1513,258.366153.2153.461.676141.743
KWTKuwait250.249249.255-0.9940.2650.12827731.540
KGZKyrgyz Republic50.45455.0104.5560.05840.0283441293.487
LAOLao P.D.R.70.13574.7604.6250.07940.0384371105.001
MACMacao SAR79.72990.30610.5770.09590.0464351031.690
MYSMalaysia1,279.1821,372.61093.4281.460.70514293.121
MDVMaldives12.93113.8670.9360.01470.00713471581.986
MNGMongolia62.67867.6915.0130.07190.0348401162.860
MMRMyanmar274.338283.7479.4090.3010.14625684.414
NPLNepal160.162169.1228.9600.1800.086930863.872
OMNOman214.692222.0587.3660.2360.11428782.019
PAKPakistan1,511.5741,584.47472.9001.680.81413264.230
PHLPhilippines1,262.4991,367.043104.5441.450.70315302.908
QATQatar342.412355.99913.5870.3780.18323621.608
SAUSaudi Arabia2,032.5502,112.88080.3302.241.097181.920
SGPSingapore837.665879.97842.3130.9350.45216351.658
TWNTaiwan Province of China1,735.2261,843.016107.7901.960.9478212.378
TJKTajikistan51.54756.3674.8200.05990.0290421264.338
THAThailand1,683.0691,771.53288.4631.880.9109223.349
TLSTimor-Leste6.9606.435-0.5250.006830.00331491683.230
TURTürkiye3,277.5123,456.771179.2593.671.785122.571
TKMTurkmenistan169.272177.3658.0930.1880.091229832.114
AREUnited Arab Emirates797.923849.77851.8550.9030.43717381.559
UZBUzbekistan395.990428.20432.2140.4550.22022573.801
VNMVietnam1,502.6641,631.796129.1321.730.83912253.483
YEMYemen68.58369.5190.9360.07380.0357381124.293
Asia 88,140.407 94,157.452 6,017.045 48.39 2.362