Gross domestic product of emerging and developing Asia 2024

Emerging and developing Asia: Gross domestic product (GDP) from 2014 to 2024 (in billion U.S. dollars)

by H. Plecher, last edited Sep 9, 2019
Gross domestic product of emerging and developing Asia 2024 Gross domestic product (GDP) of emerging and developing countries in Asia is expected to reach over 30.7 trillion U.S. dollars by 2024. This would be double the GDP from a decade earlier, which was about 15.1 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.
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Emerging and developing Asia: Gross domestic product (GDP) from 2014 to 2024 (in billion U.S. dollars)

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