Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
The average for 2023 based on 11 countries was 11998.61 U.S. dollars. The highest value was in Singapore: 65422.46 U.S. dollars and the lowest value was in Burma (Myanmar): 1168.69 U.S. dollars. The indicator is available from 1960 to 2023. Below is a chart for all countries where data are available.
In 2021, Macao had the highest estimated gross domestic product (GDP) growth with **** percent, followed by the Maldives with an estimated GDP growth of **** percent. Many economies were forecasted to have seen a decline in GDP in 2021, possibly due to COVID-19, reaching up to *** percent in Myanmar. Nevertheless, almost economies were forecasted to recover in 2022 and 2023.
The economic state in Asia
In 2020, China led the Asia Pacific region in terms of GDP with approximately **** trillion U.S. dollars, followed by India, South Korea, and Australia. In comparison, the GDP value for emerging and developing Asia was at aproximately **** trillion international dollars in that year. In terms of GDP per capita, Singapore ranked the highest with approximately **** U.S. dollars, followed by Australia with a per capita GDP of around **** U.S. dollars.
Higher GDP growth for developing Asia Pacific countries
For 2022 and 2023, it was forecasted that Macao and the Maldives would have the highest GDP growth. Overall, Afghanistan had the highest predicted rise in GDP growth from 2021 to 2023. South Asia, Southeast Asia, and Southwest Asia were forecasted to be leading the region’s economic growth with comparably higher GDP growth rates. Developed countries including Australia, New Zealand and Japan were projected to have stagnant GDP growth.
In 2024, Singapore had the highest GDP per capita across the Asia-Pacific region, an estimated ***** thousand U.S. dollars. In comparison, Myanmar had an estimated GDP per capita of approximately ****** U.S. dollars that year.
The statistic shows gross domestic product (GDP) per capita in Indonesia from 1987 to 2023, with projections up until 2030. GDP is the total value of all goods and services produced in a country in a year. It is considered to be a very important indicator of the economic strength of a country and a positive change is an indicator of economic growth. In 2023, the GDP 29per capita in Indonesia amounted to around 4,919.94 U.S. dollars. Indonesia's gross domestic product on the rise Indonesia has the largest economy in Southeast Asia is considered one of the most important emerging market economies in the world. Indonesia is a member of the G-20 economies and a founding member of ASEAN. It has one of the largest gross domestic products in the world: In 2014, the Indonesian GDP was reported to exceed 856 billion U.S. dollars. GDP in Indonesia has been increasing rapidly and in 2011, it was estimated that it had grown by more than 6.4 percent in comparison to the previous year. That same year, global GDP amounted to more than 72 trillion U.S. dollars - with the exception of 2009, global GDP has been continuously increasing each year over the past decade. Based on purchasing power parity, Indonesia's share in the global GDP is significantly higher than that of other major economies, and in 2014 was almost on the same level with France and higher than the UK's share. According to a forecast by Goldman Sachs, Indonesia will be among the 15 countries with the largest gross domestic product worldwide by 2030. In addition, the gross domestic product per capita in Indonesia has also undergone a rapid increase. Over the past decade, GDP per capita in Indonesia has quadrupled, a remarkable feat seldom seen in any economy.
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.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
La moyenne pour 2023 était de 11998.61 U.S. dollars. La valeur la plus élevée était au Singapour: 65422.46 U.S. dollars et la valeur la plus basse était au Myanmar: 1168.69 U.S. dollars. Vous trouverez ci-dessous un graphique pour tous les pays où les données sont disponibles.
In 2023, the estimated total GDP of all ASEAN states amounted to approximately 3.8 trillion U.S. dollars, a significant increase from the previous years. In fact, the GDP of the ASEAN region has been skyrocketing for a few years now, reflecting the region’s thriving economy. Power in the EastThe Association of Southeast Asian Nations (ASEAN) comprises Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. It was established in 1967 among five of these countries (Indonesia, Malaysia, Thailand, Singapore, and the Philippines) to facilitate trade and economic growth, as well as promote cultural development and social structures in the region. To date, they have been joined by another five nations. The ASEAN marketThe founding of the ASEAN organization provides the collaborating nations with more autonomy and influence on the global economy than they would have had by themselves. Additionally, struggling participating countries, such as Laos, are given an opportunity to grow on an ASEAN single market.
Gross domestic product (GDP) of emerging and developing countries in Asia is expected to reach over 38.57 trillion U.S. dollars by 2030. This would be almost double the GDP from a decade earlier, which was about 21.06 trillion U.S. dollars. Emerging and developing economies are the second-largest source of global GDP. The region’s GDP generally comes from manufacturing and trade, as well as growing financial industries and international commerce. A region with growing economic power Of the countries the IMF categorizes as emerging and developing in Asia (See “More information” for full list), several are a part of the Association of Southeast Asian Nations (ASEAN), an organization that provides the collaborating nations with a greater opportunity for growth and participation in the global economy than they would otherwise have. Indonesia, a founding member, has the largest economy in South East Asia, and is predicted to be one of the 15 countries worldwide with the highest GDP by 2030.
In 2024, Vietnam’s gross domestic product (GDP) amounted to around 459.47 billion U.S. dollars, and is expected to increase to 490.97 billion U.S. dollars by 2025. Gross domestic product denotes the aggregate value of all services and goods produced within a country in any given year, and it is an important indicator of a country’s economic power. Vietnam’s economy Vietnam’s economy has a strong agrarian base, with key agricultural exports of wet rice, coffee, and black pepper. However, in the past decade (2008 to 2018), agriculture's contribution to Vietnam's GDP has been decreasing while the country’s industry sector experienced rapid growth at the same time. As of 2018, Vietnam’s top exports include information technology hardware, such as broadcasting equipment and mobile devices. Vietnam’s regional comparison Vietnam is part of the Association of Southeast Asian Nations (ASEAN), which encompasses regional nations with the goal of fostering trade and economic growth. The region has been reporting increasing GDP, amounting to 2.9 trillion U.S. dollars in 2018. Vietnam is one of the ASEAN countries experiencing export trade growth, and has had consistent yearly growth in GDP, at a rate of around six percent.
Not seeing a result you expected?
Learn how you can add new datasets to our index.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
The average for 2023 based on 11 countries was 11998.61 U.S. dollars. The highest value was in Singapore: 65422.46 U.S. dollars and the lowest value was in Burma (Myanmar): 1168.69 U.S. dollars. The indicator is available from 1960 to 2023. Below is a chart for all countries where data are available.