In 2024, China's gross domestic product amounted to approximately ***** trillion U.S. dollars, which was the highest GDP across the Asia-Pacific region. Japan followed with a GDP of around **** trillion dollars.  China, Asia-Pacific's titan The significance of the Asia-Pacific region to the world is multifaceted, ranging from geopolitical importance to being home to more than half of the world's population. Characterized by emerging countries and dynamic economic activities, the region plays a key role in the global economy. China, the most populous country after India, and the second largest economy on the planet, accounted for about half of the total gross domestic product (GDP) in APAC as of 2023. The GDP growth in China was characterized by high rates for decades. Following the COVID-19 pandemic, the country has struggled to catch up with the previous level of growth rates and was forecast to stay at more modest real GDP growth rates in the coming years.  A new paradigm of development in the Asia-Pacific region Even though the Asia-Pacific region has made significant economic improvements in the last decades, from a developmental perspective, tackling existing socio-economic issues will be critical for future growth. An aspect worth mentioning is the GDP per capita in the region. EU countries, for example, had about ***** times as much GDP per capita compared to East Asia and the Pacific region in 2022. China has been working towards changing its economic focus to high-tech and service sectors while reducing its concentration on agriculture.

The real gross domestic product (GDP) growth of Samoa was around **** percent in 2024, which was the highest growth rate across all countries and territories in the Asia-Pacific region in that year. In comparison, China's real GDP was reported to grow at about five percent in 2024 and projected to grow by **** percent by 2030.

This world map shows the member economies of Asia-Pacific Economic Cooperation (APEC).

The real gross domestic product (GDP) growth across the Asia-Pacific region was projected to increase to *** percent in 2023, a rebound from *** percent in 2022. APAC's emerging markets and developing economies were forecast to maintain a higher growth rate than the region's advanced economies in both 2023 and 2024.

By 2034, the APAC Creator Economy Market is expected to reach a valuation of USD 390.7 billion, expanding at a healthy CAGR of 25.1%.

Graph and download economic data for Inflation, consumer prices for Developing Countries in East Asia and Pacific (FPCPITOTLZGEAP) from 1977 to 2023 about East Asia, Pacific, consumer prices, consumer, and inflation.

In a survey conducted between December 2024 and January 2025, 79 percent of respondents from India evaluated the current economic situation in their country positively. In contrast, 87 percent of the participants in Japan rated the economic situation in their country negatively.

Introduction

The Asia Pacific Creator Economy Market is experiencing significant growth, projected to expand from USD 41.6 billion in 2024 to USD 390.7 billion by 2034, with a CAGR of 25.1% during the forecast period from 2025 to 2034. This market encompasses the digital content creation ecosystem, which includes influencers, creators, platforms, and technologies that facilitate monetization. China is a key player, with its creator economy valued at USD 16.7 billion in 2024, growing at a 25.4% CAGR. The increasing demand for digital content and social media platforms is a primary driver of this rapid growth in the region.

The Asia-Pacific (APAC) self-storage market is experiencing robust growth, driven by factors such as rapid urbanization, increasing disposable incomes, and a burgeoning e-commerce sector. The region's diverse economies and populations present significant opportunities for expansion. While specific market size figures for APAC in 2025 are not provided, considering the global CAGR of 7.86% and the significant growth potential in rapidly developing APAC economies like China and India, a reasonable estimate for the 2025 APAC market size could be placed in the range of $2-3 billion USD. This estimation considers the higher growth rates typically seen in emerging markets compared to mature economies. The increasing popularity of flexible work arrangements and smaller living spaces in major APAC cities significantly boosts demand for self-storage solutions, both for personal and business use. Furthermore, the rise of online businesses necessitates efficient storage and logistics solutions, further fueling market expansion. Key market segments within APAC include personal storage (driven by lifestyle changes) and business storage (fueled by e-commerce and supply chain optimization). Competition is fierce, with both international and local players vying for market share. However, opportunities exist for specialized services, technological advancements (e.g., online booking, climate-controlled units), and strategic partnerships to gain a competitive edge. The long-term forecast (2025-2033) indicates sustained growth, with a projected considerable expansion in market value over this period. Continued growth in the APAC self-storage market is projected throughout the forecast period (2025-2033). Factors such as ongoing infrastructure development, government initiatives to support SMEs and logistics, and the rising middle class will further stimulate demand. However, potential challenges include land scarcity and high real estate costs in major metropolitan areas. Addressing these challenges through innovative solutions like vertical storage facilities and strategic partnerships with property developers could unlock further market potential. Market players need to focus on providing technologically advanced services, customized storage options, and superior customer experience to retain and attract clients. Understanding the nuances of diverse local markets within APAC, such as regulatory frameworks and cultural preferences, is crucial for successful expansion within this dynamic region. The market will likely see increased consolidation and strategic acquisitions as larger players seek to expand their geographical footprint and service offerings. Recent developments include: September 2022- The Indian Packer and Movers brand, Agarwal Packers and Movers Ltd, launched its self-storage company Storekar.com. The self-storage facility holds a top spot in the market for domestic and commercial customers. The company could offer customized and reliable self-storage solutions for individuals and businesses. It could have flexible plans to support both individual and bulk storage requirements., August 2022 - In Hung Hom, the fifth storage facility of StorHub Hong Kong was formally inaugurated. It is situated in the Eldex Industrial Building on 21 Ma Tau Wai Road in Hung Hom and offers local residents, families, and businesses trustworthy and safe storage options.. Key drivers for this market are: Rising Consumerism and Population Density. Potential restraints include: Rising Consumerism and Population Density. Notable trends are: Rising Consumerism and Population Density is Driving the Market Growth.

Russia Exports: Year to Date: Asia Pacific Economic Cooperation (APEC) data was reported at 10.842 USD bn in Jan 2022. This records a decrease from the previous number of 130.306 USD bn for Dec 2021. Russia Exports: Year to Date: Asia Pacific Economic Cooperation (APEC) data is updated monthly, averaging 33.025 USD bn from Feb 2004 (Median) to Jan 2022, with 216 observations. The data reached an all-time high of 130.306 USD bn in Dec 2021 and a record low of 1.775 USD bn in Jan 2005. Russia Exports: Year to Date: Asia Pacific Economic Cooperation (APEC) data remains active status in CEIC and is reported by Federal Customs Service. The data is categorized under Global Database’s Russian Federation – Table RU.JAA006: Exports: by Main Trading Partners: ytd. Data release delayed due to the Ukraine-Russia conflict. No estimation on next release date can be made.

Graph and download economic data for Fertility Rate, Total for Developing Countries in East Asia and Pacific (SPDYNTFRTINEAP) from 1960 to 2023 about East Asia, Pacific, fertility, and rate.

This world map shows the member economies of Asia-Pacific Economic Cooperation (APEC).

By 2034, 5G was forecasted to contribute an economic value of about 890 billion U.S. dollars to the Asia Pacific region, especially in the sectors manufacturing and utilities (49 percent) as well as professional and financial services (19 percent).

In 2024, the growth of the gross domestic product (GDP) in Samoa was approximately to *** percent, the highest in the Asia-Pacific region. In comparison, GDP declined by approximately *** percent in Myanmar that year.

Graph and download economic data for Inflation, consumer prices: All Income Levels for East Asia and Pacific (FPCPITOTLZGEAS) from 1987 to 2024 about East Asia, Pacific, consumer prices, consumer, income, and inflation.

The Asia-Pacific (APAC) food service market, valued at $2.23 billion in 2025, is experiencing robust growth, projected to expand at a compound annual growth rate (CAGR) of 29.24% from 2025 to 2033. This surge is fueled by several key factors. Rising disposable incomes across the region, particularly in rapidly developing economies like India and China, are driving increased consumer spending on food away from home. The expanding middle class, coupled with evolving lifestyles and changing dietary preferences, are favoring convenience and diverse culinary experiences offered by restaurants, cafes, and food delivery services. Technological advancements, such as online ordering platforms and mobile payment systems, are further bolstering market expansion by enhancing accessibility and convenience. The growing popularity of fast food and quick-service restaurants, catering to busy lifestyles, also contributes significantly to market growth. However, challenges remain, including increasing food costs, intense competition among established players and new entrants, and fluctuations in consumer sentiment influenced by economic conditions. Government regulations regarding food safety and hygiene standards also play a crucial role in shaping market dynamics. Segmentation within the APAC food service market reveals a dynamic landscape. The product categories of food and beverage sales represent significant segments, with further breakdowns into specific service types like restaurants, delivery and takeaway, fast food outlets, cafes and bars, and others. Leading companies such as McDonald's, Yum! Brands, and local players are strategically competing through varied approaches including menu innovation, expansion into new markets, and leveraging technology to enhance customer experience. Geographic variations within APAC are evident, with China, India, Japan, and South Korea representing key national markets exhibiting unique growth trajectories based on their specific socio-economic factors and consumer preferences. The projected growth trajectory indicates significant investment opportunities and expansion potential for existing and new players throughout the forecast period.

Graph and download economic data for Population, Total: All Income Levels for East Asia and Pacific (SPPOPTOTLEAS) from 1960 to 2024 about East Asia, Pacific, income, and population.

The Asia-Pacific (APAC) Digital Out-of-Home (DOOH) advertising market presents a compelling growth opportunity. Driven by increasing urbanization, rising smartphone penetration, and the adoption of advanced technologies like programmatic buying and data analytics, the region is witnessing a rapid expansion of DOOH infrastructure. Key application areas like retail, healthcare, and financial services are leveraging DOOH's targeted advertising capabilities to reach specific demographics. China and India, with their massive populations and burgeoning economies, are major contributors to the market's growth, followed by other rapidly developing nations in Southeast Asia. While the market faces challenges such as high initial investment costs for infrastructure development and regulatory hurdles in some areas, the overall trend indicates significant future expansion. The integration of DOOH with other digital channels, offering advanced targeting and measurement capabilities, further fuels its growth trajectory. Competition among established players and new entrants is expected to intensify, leading to innovation in ad formats, delivery methods, and data-driven solutions. The market's resilience to economic fluctuations also signifies its long-term potential. Considering the global market size of $19.26 billion in 2025 with a CAGR of 12.34%, and considering APAC's significant share in global digital advertising, a reasonable estimate for the APAC DOOH market size in 2025 could be around $4.5 Billion. Assuming similar growth to the global market, a CAGR of approximately 12% would be plausible for the APAC region, leading to steady expansion in the forecast period. The continued investment in infrastructure, technological advancements, and the expanding advertising budgets of major APAC economies will drive this growth. Specific regional variations within APAC will be influenced by factors such as economic development, infrastructure investment, and government regulations. The dominance of key players will likely continue, although nimble startups focused on innovative technologies and niche markets will continue to emerge and disrupt the industry. Recent developments include: April 2022 - Group M, a media investment and outdoor advertising technology provider, has announced its partnership with Moving Walls to bring automation and accountability to digital-out-of-home (DOOH) advertising in Malaysia. The partnership will help clients of Group M to leverage Moving Audiences Plus, an audience data-driven planning, buying, measurement, and ad-play verification solution that can activate all connected DOOH screens across the country., January 2022 - Hivestack announced the launch of entire operations in Malaysia. Owing to this, brands, agencies, and omnichannel demand-side platforms (DSPs) in Malaysia will be able to access the Hivestack platform to activate and measure programmatic DOOH campaigns via Private Marketplace (PMP) and Open Exchange deals. In line with the expansion plans into Malaysia, Hivestack has also signed some of the largest and most potent OOH/DOOH media owners via the Hivestack Supply Side Platform (SSP).. Key drivers for this market are: Increasing Adoption of Digital Screens, High Advertising Flexibility with Connected Screens. Potential restraints include: Increasing Adoption of Digital Screens, High Advertising Flexibility with Connected Screens. Notable trends are: Transit is Expected to Hold Major Share.

The Asia-Pacific Trade and Investment Report (APTIR) is a recurrent publication prepared by the Trade, Investment and Innovation Division of the United Nations Economic and Social Commission for Asia and the Pacific. It provides information and independent analyses of regional trends and policy developments in trade, goods and commercial services, as well as foreign direct investment. It also provides insights into the impacts of these recent and emerging developments on countries’ abilities to meet the challenges of achieving sustainable development. APTIR 2018 shows that the Asia-Pacific region further increased its share of global merchandise trade, thanks to double-digit growth in trade in 2017. The region also remained the most important destination and source of foreign direct investment. Countries in Asia and the Pacific accelerated their economic integration intra- and inter-regionally, but protectionism is on the rise and trade tensions between the United States and China are expected to lead to a significant trade slowdown in 2019. The report provides estimates of the impact from the growing trade tensions and discusses potential winners and losers from shifting global value chains. The report is aimed at policymakers, practitioners, experts, academia, business, international agencies and non-governmental organizations working or interested in trade and investment issues in the Asia-Pacific region. In addition to the main report, summary briefs are provided below for selected regional economies.

Graph and download economic data for Gross National Income for Developing Countries in East Asia and Pacific (NYGNPMKTPCDEAP) from 1960 to 2024 about East Asia, Pacific, GNI, and income.