List of Asian countries by GDP
Source | International Monetary Fund World Economic Outlook (October-2021) |
Date | 01 Nov 2021 |
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 23 would have an economy of above $100 billion. In 2021, Saudi Arabia will overtake Turkey to become the 7th largest economy in Asia. United Arab Emirates will surpass Philippines. Hong Kong SAR will be overtaken by Malaysia and Singapore. Four Asian economies are in the list of top ten largest economy in the world, and Nineteen economies are within the top 50 world gdp ranking.
Out of 49 economies, gdp (nominal) of 46 economies would increase, and three economies would decrease in 2021 compared to 2020. With $2 tn, China will be the top contributor, accounting for more than half of the increase in the Asian economy. India ($286 bn) and Iran ($246 bn) are other top contributors. The three decliners would be Myanmar, Timor-Leste, and Bhutan.
In ppp data, the five largest economies of Asia are China, India, Japan, Indonesia, and Turkey. 12 economies would have gdp above Int. $1 trillion in 2021 and 30 would have an economy of above Int. $100 billion. Qatar and Uzbekistan will overtake Myanmar. The rank of Lebanon will be down by two positions. Four Asian economies are in the list of top ten largest economies globally, and 21 economies are within the top 50 world gdp (ppp) ranking.
Out of 49 economies, gdp (ppp) of 46 economies would increase, and three economies would decrease in 2021 compared to 2020. China (Int. $2880 bn), India (Int. $1206 bn), Turkey (Int. $328 bn), Japan (Int. $321 bn), and Indonesia (Int. 228) would be the top gainers. The three decliners would be Myanmar, Lebanon, and Timor-Leste.
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- Nominal
- Change in Nominal
Country/Economy | GDP (billions of $) | Share (%) | Rank | ||||
---|---|---|---|---|---|---|---|
2020 | 2021 | Change | Asia | World | Asia | World | |
Pakistan | 261.726 | 292.217 | 30.491 | 0.802 | 0.308 | 19 | 46 |
Lebanon | 19.008 | 21.222 | 2.214 | 0.0582 | 0.0224 | 37 | 115 |
Afghanistan | 20.136 | 21.222 | 1.086 | 0.0582 | 0.0224 | 36 | 114 |
Armenia | 12.641 | 13.612 | 0.971 | 0.0373 | 0.0143 | 44 | 136 |
Azerbaijan | 42.607 | 52.645 | 10.038 | 0.144 | 0.0555 | 29 | 88 |
Bahrain | 34.729 | 39.104 | 4.375 | 0.107 | 0.0412 | 31 | 94 |
Bangladesh | 323.057 | 355.689 | 32.632 | 0.976 | 0.375 | 18 | 42 |
Bhutan | 2.503 | 2.480 | -0.023 | 0.00680 | 0.00261 | 48 | 168 |
Brunei Darussalam | 12.003 | 15.686 | 3.683 | 0.0430 | 0.0165 | 42 | 130 |
Cambodia | 25.192 | 26.080 | 0.888 | 0.0716 | 0.0275 | 35 | 108 |
China | 14,866.740 | 16,862.980 | 1,996.240 | 46.3 | 17.8 | 1 | 2 |
Cyprus | 23.785 | 26.546 | 2.761 | 0.0728 | 0.0280 | 34 | 105 |
Georgia | 15.891 | 17.846 | 1.955 | 0.0490 | 0.0188 | 40 | 123 |
Hong Kong SAR | 346.584 | 369.722 | 23.138 | 1.01 | 0.389 | 16 | 40 |
India | 2,660.240 | 2,946.060 | 285.820 | 8.08 | 3.10 | 3 | 6 |
Indonesia | 1,059.640 | 1,150.250 | 90.610 | 3.16 | 1.21 | 5 | 16 |
Islamic Republic of Iran | 835.351 | 1,081.380 | 246.029 | 2.97 | 1.14 | 6 | 17 |
Iraq | 169.488 | 201.472 | 31.984 | 0.553 | 0.212 | 20 | 53 |
Israel | 407.101 | 467.532 | 60.431 | 1.28 | 0.492 | 11 | 30 |
Japan | 5,045.100 | 5,103.110 | 58.010 | 14.0 | 5.38 | 2 | 3 |
Jordan | 43.759 | 45.344 | 1.585 | 0.124 | 0.0478 | 30 | 89 |
Kazakhstan | 171.240 | 194.024 | 22.784 | 0.532 | 0.204 | 21 | 54 |
Korea | 1,638.260 | 1,823.850 | 185.590 | 5.00 | 1.92 | 4 | 10 |
Kuwait | 105.949 | 132.266 | 26.317 | 0.363 | 0.139 | 23 | 59 |
Kyrgyz Republic | 7.747 | 8.150 | 0.403 | 0.0224 | 0.00858 | 45 | 150 |
Lao P.D.R. | 18.820 | 19.375 | 0.555 | 0.0532 | 0.0204 | 39 | 120 |
Macao SAR | 24.333 | 29.223 | 4.890 | 0.0802 | 0.0308 | 33 | 101 |
Malaysia | 337.008 | 371.114 | 34.106 | 1.02 | 0.391 | 15 | 39 |
Maldives | 3.738 | 4.573 | 0.835 | 0.0125 | 0.00482 | 47 | 157 |
Mongolia | 13.137 | 14.280 | 1.143 | 0.0392 | 0.0150 | 43 | 133 |
Myanmar | 81.257 | 66.740 | -14.517 | 0.183 | 0.0703 | 26 | 76 |
Nepal | 33.983 | 34.265 | 0.282 | 0.0940 | 0.0361 | 32 | 100 |
Oman | 63.368 | 80.611 | 17.243 | 0.221 | 0.0849 | 25 | 70 |
Philippines | 361.489 | 385.737 | 24.248 | 1.06 | 0.406 | 13 | 37 |
Qatar | 145.450 | 169.184 | 23.734 | 0.464 | 0.178 | 22 | 57 |
Saudi Arabia | 700.118 | 842.588 | 142.470 | 2.31 | 0.888 | 7 | 19 |
Singapore | 339.981 | 378.645 | 38.664 | 1.04 | 0.399 | 14 | 38 |
Sri Lanka | 80.700 | 80.785 | 0.085 | 0.222 | 0.0851 | 24 | 69 |
Taiwan Province of China | 668.156 | 785.589 | 117.433 | 2.16 | 0.828 | 9 | 22 |
Tajikistan | 7.997 | 8.104 | 0.107 | 0.0222 | 0.00854 | 46 | 151 |
Thailand | 501.712 | 546.223 | 44.511 | 1.50 | 0.575 | 10 | 26 |
Timor-Leste | 1.777 | 1.697 | -0.080 | 0.00466 | 0.00179 | 49 | 176 |
Turkey | 719.919 | 795.952 | 76.033 | 2.18 | 0.838 | 8 | 21 |
Turkmenistan | 45.609 | 53.087 | 7.478 | 0.146 | 0.0559 | 28 | 87 |
United Arab Emirates | 358.869 | 410.158 | 51.289 | 1.13 | 0.432 | 12 | 34 |
Uzbekistan | 59.928 | 65.503 | 5.575 | 0.180 | 0.0690 | 27 | 78 |
Vietnam | 343.114 | 368.002 | 24.888 | 1.01 | 0.388 | 17 | 41 |
West Bank and Gaza | 15.561 | 17.343 | 1.782 | 0.0476 | 0.0183 | 41 | 125 |
Yemen | 18.841 | 19.471 | 0.630 | 0.0534 | 0.0205 | 38 | 119 |
Asia | 33,095.342 | 36,818.738 | 3,723.396 | 38.78 |
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- PPP
- Change in PPP
Country/Economy | GDP (billions of Int. $) | Share (%) | Rank | PPP/Nom | ||||
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2020 | 2021 | Change | Asia | World | Asia | World | ||
Pakistan | 1,074.840 | 1,157.480 | 82.640 | 1.71 | 0.800 | 11 | 24 | 3.961 |
Lebanon | 78.910 | 77.258 | -1.652 | 0.114 | 0.0534 | 35 | 102 | 3.640 |
Afghanistan | 80.912 | 81.842 | 0.930 | 0.121 | 0.0566 | 32 | 98 | 3.856 |
Armenia | 39.484 | 43.550 | 4.066 | 0.0642 | 0.0301 | 40 | 119 | 3.123 |
Azerbaijan | 146.120 | 155.866 | 9.746 | 0.230 | 0.108 | 27 | 77 | 3.429 |
Bahrain | 74.445 | 79.010 | 4.565 | 0.117 | 0.0546 | 33 | 100 | 2.144 |
Bangladesh | 870.790 | 953.385 | 82.595 | 1.41 | 0.659 | 15 | 31 | 2.695 |
Bhutan | 8.987 | 9.132 | 0.145 | 0.0135 | 0.00631 | 48 | 162 | 3.590 |
Brunei Darussalam | 28.696 | 30.317 | 1.621 | 0.0447 | 0.0210 | 45 | 138 | 2.391 |
Cambodia | 73.921 | 78.065 | 4.144 | 0.115 | 0.0540 | 34 | 101 | 2.934 |
China | 24,191.300 | 27,071.960 | 2,880.660 | 39.9 | 18.7 | 1 | 1 | 1.627 |
Cyprus | 35.526 | 38.561 | 3.035 | 0.0569 | 0.0267 | 42 | 125 | 1.494 |
Georgia | 55.193 | 61.580 | 6.387 | 0.0908 | 0.0426 | 37 | 108 | 3.473 |
Hong Kong SAR | 443.141 | 488.654 | 45.513 | 0.721 | 0.338 | 19 | 46 | 1.279 |
India | 8,974.740 | 10,181.170 | 1,206.430 | 15.0 | 7.04 | 2 | 3 | 3.374 |
Indonesia | 3,301.910 | 3,530.330 | 228.420 | 5.21 | 2.44 | 4 | 7 | 3.116 |
Islamic Republic of Iran | 1,120.210 | 1,189.150 | 68.940 | 1.75 | 0.822 | 10 | 23 | 1.341 |
Iraq | 399.376 | 428.859 | 29.483 | 0.632 | 0.297 | 20 | 49 | 2.356 |
Israel | 380.286 | 421.807 | 41.521 | 0.622 | 0.292 | 21 | 50 | 0.934 |
Japan | 5,312.300 | 5,633.510 | 321.210 | 8.31 | 3.89 | 3 | 4 | 1.053 |
Jordan | 105.643 | 111.681 | 6.038 | 0.165 | 0.0772 | 30 | 89 | 2.414 |
Kazakhstan | 501.207 | 536.336 | 35.129 | 0.791 | 0.371 | 18 | 42 | 2.927 |
Korea | 2,317.180 | 2,503.400 | 186.220 | 3.69 | 1.73 | 6 | 14 | 1.414 |
Kuwait | 202.011 | 211.275 | 9.264 | 0.312 | 0.146 | 26 | 67 | 1.907 |
Kyrgyz Republic | 32.629 | 34.514 | 1.885 | 0.0509 | 0.0239 | 44 | 134 | 4.212 |
Lao P.D.R. | 58.928 | 62.310 | 3.382 | 0.0919 | 0.0431 | 36 | 106 | 3.131 |
Macao SAR | 37.531 | 46.830 | 9.299 | 0.0691 | 0.0324 | 39 | 115 | 1.542 |
Malaysia | 903.704 | 969.039 | 65.335 | 1.43 | 0.670 | 14 | 30 | 2.682 |
Maldives | 7.440 | 9.162 | 1.722 | 0.0135 | 0.00633 | 47 | 161 | 1.990 |
Mongolia | 39.664 | 43.230 | 3.566 | 0.0638 | 0.0299 | 41 | 120 | 3.019 |
Myanmar | 278.806 | 237.039 | -41.767 | 0.350 | 0.164 | 25 | 63 | 3.431 |
Nepal | 116.785 | 123.175 | 6.390 | 0.182 | 0.0852 | 29 | 84 | 3.437 |
Oman | 139.190 | 147.787 | 8.597 | 0.218 | 0.102 | 28 | 78 | 2.197 |
Philippines | 919.293 | 983.118 | 63.825 | 1.45 | 0.680 | 13 | 29 | 2.543 |
Qatar | 259.326 | 273.903 | 14.577 | 0.404 | 0.189 | 24 | 61 | 1.783 |
Saudi Arabia | 1,627.750 | 1,734.230 | 106.480 | 2.56 | 1.20 | 7 | 17 | 2.325 |
Singapore | 560.120 | 615.293 | 55.173 | 0.907 | 0.425 | 17 | 38 | 1.648 |
Sri Lanka | 289.846 | 311.244 | 21.398 | 0.459 | 0.215 | 22 | 56 | 3.592 |
Taiwan Province of China | 1,316.030 | 1,443.410 | 127.380 | 2.13 | 0.998 | 8 | 18 | 1.970 |
Tajikistan | 34.822 | 37.881 | 3.059 | 0.0559 | 0.0262 | 43 | 126 | 4.354 |
Thailand | 1,272.540 | 1,331.050 | 58.510 | 1.96 | 0.920 | 9 | 22 | 2.536 |
Timor-Leste | 4.424 | 4.174 | -0.250 | 0.00616 | 0.00289 | 49 | 171 | 2.490 |
Turkey | 2,545.940 | 2,873.840 | 327.900 | 4.24 | 1.99 | 5 | 11 | 3.536 |
Turkmenistan | 85.066 | 92.126 | 7.060 | 0.136 | 0.0637 | 31 | 94 | 1.865 |
United Arab Emirates | 660.342 | 699.444 | 39.102 | 1.03 | 0.484 | 16 | 34 | 1.840 |
Uzbekistan | 264.768 | 291.160 | 26.392 | 0.429 | 0.201 | 23 | 60 | 4.418 |
Vietnam | 1,061.480 | 1,141.300 | 79.820 | 1.68 | 0.789 | 12 | 25 | 3.094 |
West Bank and Gaza | 27.328 | 29.570 | 2.242 | 0.0436 | 0.0204 | 46 | 140 | 1.756 |
Yemen | 59.877 | 60.794 | 0.917 | 0.0897 | 0.0420 | 38 | 109 | 3.178 |
Asia | 62,420.757 | 68,669.801 | 6,249.044 | 47.48 | 1.865 |