Gross Domestic Product, GDP in millions constant 2021 international $ in Western Asia
Western Asia: Gross Domestic Product, GDP in millions constant 2021 international $ was 4.37 million in 2027. ▲ Rising
Gross Domestic Product, GDP in millions constant 2021 international $ in Western Asia, 1991–2027
Source: International Labour Organization.
Analysis
The most recent figure for gross domestic product, gdp in millions constant 2021 international $ in Western Asia is 4.37 million, measured in 2027. That is the highest value across all 37 years on record.
That represents a change of up 3.6% on the previous year and up 48.4% over ten years.
Over the whole period, gross domestic product, gdp in millions constant 2021 international $ in Western Asia peaked at 4.37 million in 2027 and was at its lowest, 964,062, in 1992.
That places Western Asia 54th out of 87 groups with data for 2027, putting it in the middle of the range.
The long-run direction has been consistently rising across the 37 years of available data.
Gross Domestic Product, GDP in millions constant 2021 international $ in Western Asia, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 965,925 | — |
| 1992 | 964,062 | -0.2% |
| 1993 | 1.00 million | +3.9% |
| 1994 | 967,119 | -3.4% |
| 1995 | 1.03 million | +6.8% |
| 1996 | 1.10 million | +6.9% |
| 1997 | 1.18 million | +6.8% |
| 1998 | 1.22 million | +3.0% |
| 1999 | 1.20 million | -1.6% |
| 2000 | 1.28 million | +7.2% |
| 2001 | 1.24 million | -3.7% |
| 2002 | 1.30 million | +5.5% |
| 2003 | 1.37 million | +5.4% |
| 2004 | 1.49 million | +8.8% |
| 2005 | 1.63 million | +9.2% |
| 2006 | 1.77 million | +8.3% |
| 2007 | 1.89 million | +6.8% |
| 2008 | 1.93 million | +2.1% |
| 2009 | 1.87 million | -2.9% |
| 2010 | 2.01 million | +7.4% |
| 2011 | 2.19 million | +8.9% |
| 2012 | 2.28 million | +4.2% |
| 2013 | 2.44 million | +7.3% |
| 2014 | 2.55 million | +4.5% |
| 2015 | 2.68 million | +5.1% |
| 2016 | 2.76 million | +3.0% |
| 2017 | 2.94 million | +6.5% |
| 2018 | 3.04 million | +3.2% |
| 2019 | 3.08 million | +1.6% |
| 2020 | 3.10 million | +0.6% |
| 2021 | 3.44 million | +11.0% |
| 2022 | 3.64 million | +5.7% |
| 2023 | 3.81 million | +4.5% |
| 2024 | 3.93 million | +3.3% |
| 2025 | 4.06 million | +3.4% |
| 2026 | 4.22 million | +3.7% |
| 2027 | 4.37 million | +3.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.07 million | 964,062 | 1.22 million | 9 |
| 2000s | 1.58 million | 1.24 million | 1.93 million | 10 |
| 2010s | 2.60 million | 2.01 million | 3.08 million | 10 |
| 2020s | 3.82 million | 3.10 million | 4.37 million | 8 |
Countries ranked near Western Asia
More economy & growth data for Western Asia
- GDP Deflator — Value US$, 2015 prices 118.5 USD (2024)
- Gross Domestic Product — Value US$ 4.55 million million USD (2024)
- Gross Domestic Product — Value US$ per capita 14,704 USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 12,408 USD (2024)
- Gross Domestic Product — Value US$, 2015 prices 3.84 million million USD (2024)
- Gross Domestic Product — Annual growth US$ 6.59 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 4.74 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 2.05 % (2024)
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices 118.43 USD (2024)
- Gross Fixed Capital Formation — Annual growth US$ 7.8 % (2024)
Frequently asked questions
- What is gross domestic product, gdp in millions constant 2021 international $ in Western Asia?
- Gross domestic product, gdp in millions constant 2021 international $ in Western Asia was 4.37 million in 2027, according to International Labour Organization.
- What is the highest gross domestic product, gdp in millions constant 2021 international $ recorded in Western Asia?
- The highest recorded value was 4.37 million in 2027.
- What is the lowest gross domestic product, gdp in millions constant 2021 international $ recorded in Western Asia?
- The lowest recorded value was 964,062 in 1992.
- How does Western Asia rank for gross domestic product, gdp in millions constant 2021 international $?
- Western Asia ranks 54th out of 87 groups with data for 2027.
- Is gross domestic product, gdp in millions constant 2021 international $ rising or falling in Western Asia?
- Over the last ten years it is up 48.4%. The long-run trend across the full record is rising.
- Where does this Western Asia data come from?
- The figures come from International Labour Organization, published as part of Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates). Statizoid updates them automatically from the source API.
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About this data
Gross Domestic Product (GDP), Purchasing Power Parity (millions of PPP, constant 2021 international dollars) is a measure to assess the total economic output of a country, adjusted for differences in the purchasing power of the different currencies relative to the US dollar. It is derived from the World Development Indicators of the World Bank. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.