Gross domestic product (GDP), Constant prices, Percent change in Asia
Asia: Gross domestic product (GDP), Constant prices, Percent change was 4 in 2031. ▼ Falling
Gross domestic product (GDP), Constant prices, Percent change in Asia, 1990–2031
Source: International Monetary Fund.
Analysis
In 2031, gross domestic product (gdp), constant prices, percent change in Asia stood at 4.
That represents a change of up 0.2% on the previous year and down 44.3% over ten years.
Over the whole period, gross domestic product (gdp), constant prices, percent change in Asia peaked at 8.29 in 2007 and was at its lowest, -0.9111, in 2020.
The long-run direction has been consistently falling across the 42 years of available data.
Gross domestic product (GDP), Constant prices, Percent change in Asia, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | 5.48 | — |
| 1991 | 5.25 | -4.2% |
| 1992 | 5.54 | +5.6% |
| 1993 | 5.47 | -1.3% |
| 1994 | 6.39 | +16.9% |
| 1995 | 6.53 | +2.1% |
| 1996 | 6.48 | -0.7% |
| 1997 | 4.71 | -27.4% |
| 1998 | 1.13 | -76.1% |
| 1999 | 4.95 | +339.3% |
| 2000 | 5.64 | +13.9% |
| 2001 | 3.97 | -29.7% |
| 2002 | 4.93 | +24.3% |
| 2003 | 5.97 | +21.1% |
| 2004 | 6.68 | +12.0% |
| 2005 | 6.82 | +2.1% |
| 2006 | 7.43 | +8.9% |
| 2007 | 8.29 | +11.6% |
| 2008 | 4.95 | -40.4% |
| 2009 | 4.33 | -12.5% |
| 2010 | 8.16 | +88.6% |
| 2011 | 5.92 | -27.4% |
| 2012 | 5.71 | -3.5% |
| 2013 | 5.73 | +0.3% |
| 2014 | 5.69 | -0.6% |
| 2015 | 5.62 | -1.3% |
| 2016 | 5.59 | -0.4% |
| 2017 | 5.67 | +1.5% |
| 2018 | 5.45 | -3.9% |
| 2019 | 4.43 | -18.7% |
| 2020 | -0.9111 | -120.6% |
| 2021 | 7.18 | -888.2% |
| 2022 | 4.14 | -42.3% |
| 2023 | 4.82 | +16.3% |
| 2024 | 4.71 | -2.3% |
| 2025 | 4.98 | +5.8% |
| 2026 | 4.4 | -11.7% |
| 2027 | 4.22 | -4.0% |
| 2028 | 4.23 | +0.1% |
| 2029 | 4.11 | -2.7% |
| 2030 | 3.99 | -2.9% |
| 2031 | 4 | +0.2% |
Biggest year-on-year movements
Years where Gross domestic product (GDP), Constant prices, Percent change in Asia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +888.2% | -0.9111 | 7.18 |
| 1999 | +339.3% | 1.13 | 4.95 |
| 2020 | -120.6% | 4.43 | -0.9111 |
| 2010 | +88.6% | 4.33 | 8.16 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.19 | 1.13 | 6.53 | 10 |
| 2000s | 5.9 | 3.97 | 8.29 | 10 |
| 2010s | 5.8 | 4.43 | 8.16 | 10 |
| 2020s | 4.19 | -0.9111 | 7.18 | 10 |
| 2030s | 3.99 | 3.99 | 4 | 2 |
Countries ranked near Asia
- 1 India 6.51 compare
- 2 Bangladesh 6.07 compare
- 3 Philippines 6.01 compare
- 4 Bhutan 5.56 compare
More economy & growth data for Asia
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices 106.47 USD (2024)
- Gross Fixed Capital Formation — Value US$ 13.40 million million USD (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 12.58 million million USD (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 33.73 % (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 2.88 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 3.51 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 4.9 % (2024)
- Gross Domestic Product — Annual growth US$ 5.54 % (2024)
- Gross Domestic Product — Value US$, 2015 prices 37.66 million million USD (2024)
- Gross Domestic Product — Value US$ 39.74 million million USD (2024)
Frequently asked questions
- What is gross domestic product (gdp), constant prices, percent change in Asia?
- Gross domestic product (gdp), constant prices, percent change in Asia was 4 in 2031, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), constant prices, percent change recorded in Asia?
- The highest recorded value was 8.29 in 2007.
- What is the lowest gross domestic product (gdp), constant prices, percent change recorded in Asia?
- The lowest recorded value was -0.9111 in 2020.
- How does Asia rank for gross domestic product (gdp), constant prices, percent change?
- Asia ranks 1st out of 2 groups with data for 2031.
- Is gross domestic product (gdp), constant prices, percent change rising or falling in Asia?
- Over the last ten years it is down 44.3%. The long-run trend across the full record is falling.
- Where does this Asia data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP), Constant prices, Percent change, Domestic currency (National Accounts Statistics (SNA)). Statizoid updates them automatically from the source API.
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About this data
APD Regional Economic Outlook (REO) provides information on recent economic developments and prospects for countries in Asia and the Pacific. Data for the REO for Asia and Pacific is prepared in conjunction with the semi-annual World Economic Outlook (WEO) exercises, spring and fall. Data are consistent with the projections underlying the WEO. REO aggregate data may differ from WEO aggregates due to differences in group membership. Composite data for country groups are weighted averages of data for individual countries. Arithmetic weighted averages are used for all concepts except for inflation and broad money, for which geometric averages are used. PPP GDP weights from the WEO database are used for the aggregation of real GDP growth, real non-oil GDP growth, real per capita GDP growth, investment, national savings, broad money, claims on the nonfinancial private sector, and real and nominal effective exchange rates. Aggregates for other concepts are weighted by GDP in U.S. dollars at market exchange rates.