Gross Domestic Product — Value US$, 2015 prices in Asia
Asia: Gross Domestic Product — Value US$, 2015 prices was 37.66 million million USD in 2024. ◆ Volatile
Gross Domestic Product — Value US$, 2015 prices in Asia, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Asia recorded 37.66 million million USD for gross domestic product — value us$, 2015 prices in 2024. That is the highest value across all 55 years on record.
That represents a change of up 3.5% on the previous year and up 49.2% over ten years.
Over the whole period, gross domestic product — value us$, 2015 prices in Asia peaked at 37.66 million million USD in 2024 and was at its lowest, 2.90 million million USD, in 1970.
Asia ranks 1st of 20 groups on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value US$, 2015 prices in Asia, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 2.90 million million USD | — |
| 1971 | 3.08 million million USD | +6.1% |
| 1972 | 3.31 million million USD | +7.7% |
| 1973 | 3.58 million million USD | +8.2% |
| 1974 | 3.67 million million USD | +2.3% |
| 1975 | 3.78 million million USD | +3.1% |
| 1976 | 4.01 million million USD | +6.0% |
| 1977 | 4.22 million million USD | +5.2% |
| 1978 | 4.42 million million USD | +4.8% |
| 1979 | 4.65 million million USD | +5.2% |
| 1980 | 4.79 million million USD | +3.0% |
| 1981 | 4.97 million million USD | +3.9% |
| 1982 | 5.10 million million USD | +2.7% |
| 1983 | 5.33 million million USD | +4.4% |
| 1984 | 5.60 million million USD | +5.1% |
| 1985 | 5.86 million million USD | +4.8% |
| 1986 | 6.09 million million USD | +3.9% |
| 1987 | 6.46 million million USD | +6.0% |
| 1988 | 6.90 million million USD | +6.8% |
| 1989 | 7.23 million million USD | +4.7% |
| 1990 | 7.68 million million USD | +6.2% |
| 1991 | 8.17 million million USD | +6.4% |
| 1992 | 8.54 million million USD | +4.6% |
| 1993 | 8.88 million million USD | +4.0% |
| 1994 | 9.28 million million USD | +4.4% |
| 1995 | 9.79 million million USD | +5.6% |
| 1996 | 10.38 million million USD | +6.0% |
| 1997 | 10.83 million million USD | +4.3% |
| 1998 | 10.95 million million USD | +1.1% |
| 1999 | 11.35 million million USD | +3.6% |
| 2000 | 11.98 million million USD | +5.6% |
| 2001 | 12.36 million million USD | +3.2% |
| 2002 | 12.88 million million USD | +4.2% |
| 2003 | 13.56 million million USD | +5.3% |
| 2004 | 14.47 million million USD | +6.6% |
| 2005 | 15.39 million million USD | +6.4% |
| 2006 | 16.46 million million USD | +7.0% |
| 2007 | 17.71 million million USD | +7.6% |
| 2008 | 18.50 million million USD | +4.5% |
| 2009 | 19.02 million million USD | +2.8% |
| 2010 | 20.49 million million USD | +7.8% |
| 2011 | 21.72 million million USD | +6.0% |
| 2012 | 22.82 million million USD | +5.1% |
| 2013 | 24.06 million million USD | +5.4% |
| 2014 | 25.25 million million USD | +4.9% |
| 2015 | 26.51 million million USD | +5.0% |
| 2016 | 27.86 million million USD | +5.1% |
| 2017 | 29.28 million million USD | +5.1% |
| 2018 | 30.67 million million USD | +4.7% |
| 2019 | 31.82 million million USD | +3.7% |
| 2020 | 31.53 million million USD | -0.9% |
| 2021 | 33.67 million million USD | +6.8% |
| 2022 | 34.88 million million USD | +3.6% |
| 2023 | 36.38 million million USD | +4.3% |
| 2024 | 37.66 million million USD | +3.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.76 million million USD | 2.90 million million USD | 4.65 million million USD | 10 |
| 1980s | 5.83 million million USD | 4.79 million million USD | 7.23 million million USD | 10 |
| 1990s | 9.58 million million USD | 7.68 million million USD | 11.35 million million USD | 10 |
| 2000s | 15.23 million million USD | 11.98 million million USD | 19.02 million million USD | 10 |
| 2010s | 26.05 million million USD | 20.49 million million USD | 31.82 million million USD | 10 |
| 2020s | 34.83 million million USD | 31.53 million million USD | 37.66 million million USD | 5 |
Countries ranked near Asia
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$ per capita, 2015 prices 7,873 USD (2024)
- Gross Domestic Product — Value US$ 39.74 million million USD (2024)
Frequently asked questions
- What is gross domestic product — value us$, 2015 prices in Asia?
- Gross domestic product — value us$, 2015 prices in Asia was 37.66 million million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$, 2015 prices recorded in Asia?
- The highest recorded value was 37.66 million million USD in 2024.
- What is the lowest gross domestic product — value us$, 2015 prices recorded in Asia?
- The lowest recorded value was 2.90 million million USD in 1970.
- How does Asia rank for gross domestic product — value us$, 2015 prices?
- Asia ranks 1st out of 20 groups with data for 2024.
- Is gross domestic product — value us$, 2015 prices rising or falling in Asia?
- Over the last ten years it is up 49.2%. The long-run trend across the full record is volatile.
- Where does this Asia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).