Annual GDP growth in Eastern Asia
Eastern Asia: Annual GDP growth was 3.8% in 2024. ▼ Falling
Annual GDP growth in Eastern Asia, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for annual gdp growth in Eastern Asia is 3.8%, measured in 2024.
Compared with earlier readings it is down 13.3% on the previous year and down 23.9% over ten years.
Over the whole period, annual gdp growth in Eastern Asia peaked at 8.1% in 2010 and was at its lowest, 0.4%, in 2020.
Eastern Asia ranks 12th of 34 groups on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 25 years of available data.
Annual GDP growth in Eastern Asia, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 5.6% | — |
| 2001 | 3.7% | -33.5% |
| 2002 | 4.4% | +18.1% |
| 2003 | 5.1% | +17.2% |
| 2004 | 6.0% | +16.3% |
| 2005 | 6.4% | +6.3% |
| 2006 | 7.0% | +10.4% |
| 2007 | 8.1% | +15.1% |
| 2008 | 4.7% | -41.3% |
| 2009 | 2.9% | -37.9% |
| 2010 | 8.1% | +175.3% |
| 2011 | 5.9% | -27.0% |
| 2012 | 5.3% | -9.8% |
| 2013 | 5.7% | +6.0% |
| 2014 | 5.0% | -11.6% |
| 2015 | 5.0% | +0.4% |
| 2016 | 4.8% | -3.6% |
| 2017 | 5.3% | +9.2% |
| 2018 | 5.0% | -6.2% |
| 2019 | 4.2% | -16.2% |
| 2020 | 0.4% | -90.0% |
| 2021 | 7.0% | +1585.4% |
| 2022 | 2.5% | -63.8% |
| 2023 | 4.4% | +72.4% |
| 2024 | 3.8% | -13.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.4% | 2.9% | 8.1% | 10 |
| 2010s | 5.4% | 4.2% | 8.1% | 10 |
| 2020s | 3.6% | 0.4% | 7.0% | 5 |
Countries ranked near Eastern Asia
More economy & growth data for Eastern Asia
- Gross Domestic Product — Value US$ 25.47 million million USD (2024)
- Gross Domestic Product — Annual growth US$ 4.81 % (2024)
- Gross Domestic Product — Value US$, 2015 prices 24.81 million million USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 15,192 USD (2024)
- Gross Domestic Product — Value US$ per capita 15,598 USD (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 36.27 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 4.25 % (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 3.78 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 5.06 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 37.29 % (2024)
Frequently asked questions
- What is annual gdp growth in Eastern Asia?
- Annual gdp growth in Eastern Asia was 3.8% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual gdp growth recorded in Eastern Asia?
- The highest recorded value was 8.1% in 2010.
- What is the lowest annual gdp growth recorded in Eastern Asia?
- The lowest recorded value was 0.4% in 2020.
- How does Eastern Asia rank for annual gdp growth?
- Eastern Asia ranks 12th out of 34 groups with data for 2024.
- Is annual gdp growth rising or falling in Eastern Asia?
- Over the last ten years it is down 23.9%. The long-run trend across the full record is falling.
- Where does this Eastern Asia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual GDP growth (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).