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.

This dataset provides values for GDP PER CAPITA reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

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 dataset provides values for GDP ANNUAL GROWTH RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

In 2025, Luxembourg was the country with the highest gross domestic product per capita in the world. Of the 20 listed countries, 13 are in Europe and five are in Asia, alongside the U.S. and Australia. There are no African or Latin American countries among the top 20. Correlation with high living standards While GDP is a useful indicator for measuring the size or strength of an economy, GDP per capita is much more reflective of living standards. For example, when compared to life expectancy or indices such as the Human Development Index or the World Happiness Report, there is a strong overlap - 14 of the 20 countries on this list are also ranked among the 20 happiest countries in 2024, and all 20 have "very high" HDIs. Misleading metrics? GDP per capita figures, however, can be misleading, and to paint a fuller picture of a country's living standards then one must look at multiple metrics. GDP per capita figures can be skewed by inequalities in wealth distribution, and in countries such as those in the Middle East, a relatively large share of the population lives in poverty while a smaller number live affluent lifestyles.

The average for 2023 based on 43 countries was 17447.7 U.S. dollars. The highest value was in Singapore: 84734.26 U.S. dollars and the lowest value was in Afghanistan: 415.71 U.S. dollars. The indicator is available from 1960 to 2023. Below is a chart for all countries where data are available.

The average for 2023 based on 38 countries was 27.11 percent. The highest value was in Bhutan: 45.18 percent and the lowest value was in Lebanon: 1.9 percent. The indicator is available from 1960 to 2024. Below is a chart for all countries where data are available.

The gross domestic product (GDP) growth rate of all major economies included except China was negative in 2020 following the COVID-19 pandemic. Growth rates were positive again in 2021, but stagnated in some countries in 2023 amid high inflation rates. What does GDP measure? GDP is the sum of all consumption, investment, government spending, and net exports in an economy. As such, different things drive the growth of each of these countries. Germany benefits from a high value of net exports, also known as its trade balance. Drawbacks of GDP growth as a metric GDP measures growth, but it does not capture welfare gains correctly in many cases. For example, carbon dioxide emissions often go hand in hand with a growing GDP. These emissions are from industry, such as coal power plants, or consumption, such as driving cars, but GDP does not measure the damage from these activities. Also, national debt is not incorporated into GDP.

Graph and download economic data for Composite Leading Indicators: Reference Series (GDP) Calendar and Seasonally Adjusted for Major Five Asia Economies (A5MLORSGPORIXOBSAM) from Jan 1978 to Oct 2023 about Major 5 Asia, leading indicator, origination, and GDP.

The average for 2023 based on 11 countries was 5.51 percent. The highest value was in Singapore: 26.21 percent and the lowest value was in Brunei: -0.37 percent. The indicator is available from 1970 to 2024. Below is a chart for all countries where data are available.

Graph and download economic data for Composite Leading Indicators: Composite Leading Indicator (CLI) Normalized for Major Five Asia Economies (A5MLOLITONOSTSAM) from May 1992 to Jan 2024 about Major 5 Asia and leading indicator.

Contributing a staggering *** trillion U.S. dollars to China’s GDP in 2023, the travel and tourism industry proved to be a vital industry for the East Asian country’s economy. This pivotal industry provided huge GDP contributions to a number of countries across the Asia-Pacific region. Japan and India both saw impressive figures, while Southeast Asia alone has experienced constant GDP increases from the travel and tourism industry. Why Asia-Pacific The travel and tourism industry has made significant monetary additions to many developing economies throughout the Asia-Pacific region. Southeast Asia stands in the foreground as one of the regions which relies heavily on its tourism success. A success which could be inferred through the rising number of tourist arrivals to the ASEAN states. A likely reason why APAC has become one of the leading regions for tourism, could be related to its competitive prices. Many countries in the Asia-Pacific region are cheaper than the usual Western tourist hotspots, in this way, the region has begun to appeal to an increasing number of international travelers. Domestic tourism The Asia-Pacific region has not only attracted international tourists throughout recent years but has also received a great influx of domestic tourists. Growing economies in the region, resulting in an emerging middle class, have made the possibility of increased domestic travel a reality. Intra-regional tourism accounted for approximately half of APAC’s tourism.

This statistic shows the 20 countries with the highest growth of the gross domestic product (GDP) in 2024. In 2024, Guyana ranked 1st with an estimated GDP growth of approximately 43.57 percent compared to the previous year. GDP around the world Gross domestic product (GDP) is an indicator of the monetary value of all goods and services produced by a nation in a specific time period. GDP is a strong index of a country’s economic strength - the higher the GDP of a nation, the stronger that country’s economy. The countries in the world with the highest GDP or GDP per capita are mainly developed and emerging countries, with global gross domestic product amounting to nearly 75 trillion U.S. dollars. As of 2016, the United States is the nation in the world with the highest GDP with more than 18.56 trillion U.S. dollars, which makes up more than 15.7 percent of the global GDP. The countries with the lowest gross domestic product per capita in 2014 were mainly African nations. The country in the world with the lowest GDP per capita in 2016 was South Sudan, followed by Malawi, and Burundi. However, several economically struggling African and Asian countries such as Myanmar, Côte d'Ivoire, Bhutan, and India reported the highest growth of the gross domestic product in 2016. Also in the top 20 nations with the highest growth of the GDP is China. In 2016, the GDP in China was the second highest GDP in the world. It is estimated that by 2019 the GDP in China will grow by 6 percent. Based on this estimate, GDP in China will be at around 14.6 trillion U.S. dollars by 2019.

Major 5 Asia - Leading Indicators OECD: Reference series: Gross Domestic Product (GDP): Normalised for Major Five Asia was 100.11310 Index in August of 2023, according to the United States Federal Reserve. Historically, Major 5 Asia - Leading Indicators OECD: Reference series: Gross Domestic Product (GDP): Normalised for Major Five Asia reached a record high of 101.88520 in December of 1996 and a record low of 92.24580 in February of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for Major 5 Asia - Leading Indicators OECD: Reference series: Gross Domestic Product (GDP): Normalised for Major Five Asia - last updated from the United States Federal Reserve on November of 2025.

Graph and download economic data for OECD based Recession Indicators for Major 5 Asia from the Period following the Peak through the Trough (DISCONTINUED) (MAJOR5ASIARECD) from 1978-01-01 to 2022-08-31 about Major 5 Asia, peak, trough, and recession indicators.

Graph and download economic data for Composite Leading Indicators: Composite Consumer Confidence Amplitude Adjusted for Major Five Asia Economies (CSCICP035AM665S) from Jan 1990 to Dec 2023 about Major 5 Asia, consumer sentiment, composite, and consumer.

Major 5 Asia - Leading Indicators OECD: Reference series: Gross Domestic Product (GDP): Trend for Major Five Asia was 151.89180 Index in August of 2023, according to the United States Federal Reserve. Historically, Major 5 Asia - Leading Indicators OECD: Reference series: Gross Domestic Product (GDP): Trend for Major Five Asia reached a record high of 151.89180 in August of 2023 and a record low of 8.54763 in January of 1978. Trading Economics provides the current actual value, an historical data chart and related indicators for Major 5 Asia - Leading Indicators OECD: Reference series: Gross Domestic Product (GDP): Trend for Major Five Asia - last updated from the United States Federal Reserve on November of 2025.

This horizontal bar chart displays GDP (current US$) by country full name using the aggregation sum in Central Asia. The data is about countries per year.

This horizontal bar chart displays GDP (current US$) by democracy type using the aggregation sum in Eastern Asia. The data is about countries.

List of Top Journals of Asia and the Global Economy sorted by citations.