Gross Domestic Product — Value US$ in Asia

Asia: Gross Domestic Product — Value US$ was 39.74 million million USD in 2024. ◆ Volatile

Latest (2024)
39.74 million million USD
Change on year
up 5.5%
Rank
1st
of 20 regions
All-time high
39.74 million million USD
in 2024
All-time low
514,842 million USD
in 1970
Years of data
55
1970–2024

Gross Domestic Product — Value US$ in Asia, 1970–2024

010.0M20.0M30.0M40.0M197019972024

Source: Food and Agriculture Organization of the United Nations. Measured in million USD.

Analysis

The most recent figure for gross domestic product — value us$ in Asia is 39.74 million million USD, measured in 2024. That is the highest value across all 55 years on record.

Compared with earlier readings it is up 5.5% on the previous year and up 48.1% over ten years.

Over the whole period, gross domestic product — value us$ in Asia peaked at 39.74 million million USD in 2024 and was at its lowest, 514,842 million USD, in 1970.

Asia ranks 1st of 20 regions 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$ in Asia, year by year

Annual values for Gross Domestic Product — Value US$ in Asia, 1970 to 2024.
Year million USD Change
1970 514,842 million USD
1971 566,897 million USD +10.1%
1972 685,808 million USD +21.0%
1973 896,405 million USD +30.7%
1974 1.09 million million USD +21.2%
1975 1.19 million million USD +9.9%
1976 1.33 million million USD +11.7%
1977 1.59 million million USD +19.3%
1978 2.01 million million USD +26.5%
1979 2.27 million million USD +12.7%
1980 2.51 million million USD +10.6%
1981 2.71 million million USD +7.9%
1982 2.62 million million USD -3.3%
1983 2.78 million million USD +6.0%
1984 2.88 million million USD +3.9%
1985 2.86 million million USD -0.8%
1986 3.57 million million USD +24.8%
1987 4.20 million million USD +17.5%
1988 4.99 million million USD +18.9%
1989 5.15 million million USD +3.3%
1990 5.42 million million USD +5.1%
1991 6.03 million million USD +11.4%
1992 6.60 million million USD +9.3%
1993 7.42 million million USD +12.5%
1994 7.98 million million USD +7.5%
1995 9.07 million million USD +13.6%
1996 8.83 million million USD -2.6%
1997 8.50 million million USD -3.7%
1998 7.73 million million USD -9.1%
1999 8.60 million million USD +11.3%
2000 9.29 million million USD +8.1%
2001 8.72 million million USD -6.2%
2002 8.93 million million USD +2.5%
2003 9.88 million million USD +10.7%
2004 11.16 million million USD +12.9%
2005 12.18 million million USD +9.2%
2006 13.21 million million USD +8.5%
2007 15.11 million million USD +14.3%
2008 17.48 million million USD +15.7%
2009 17.76 million million USD +1.6%
2010 20.76 million million USD +16.9%
2011 24.10 million million USD +16.1%
2012 25.56 million million USD +6.0%
2013 25.98 million million USD +1.6%
2014 26.83 million million USD +3.3%
2015 26.51 million million USD -1.2%
2016 27.60 million million USD +4.1%
2017 29.57 million million USD +7.2%
2018 31.82 million million USD +7.6%
2019 32.48 million million USD +2.1%
2020 32.07 million million USD -1.2%
2021 36.97 million million USD +15.3%
2022 37.32 million million USD +0.9%
2023 37.65 million million USD +0.9%
2024 39.74 million million USD +5.5%

Averages by decade

DecadeAverage LowestHighest Years
1970s 1.22 million million USD 514,842 million USD 2.27 million million USD 10
1980s 3.43 million million USD 2.51 million million USD 5.15 million million USD 10
1990s 7.62 million million USD 5.42 million million USD 9.07 million million USD 10
2000s 12.37 million million USD 8.72 million million USD 17.76 million million USD 10
2010s 27.12 million million USD 20.76 million million USD 32.48 million million USD 10
2020s 36.75 million million USD 32.07 million million USD 39.74 million million USD 5

Countries ranked near Asia

  1. 1 China, mainland 19.09 million million USD compare
  2. 2 Germany 4.66 million million USD compare
  3. 3 Japan 4.02 million million USD compare
  4. 4 India 3.88 million million USD compare

See the full ranking of 252 places →

More economy & growth data for Asia

All data for Asia →

Frequently asked questions

What is gross domestic product — value us$ in Asia?
Gross domestic product — value us$ in Asia was 39.74 million million USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest gross domestic product — value us$ recorded in Asia?
The highest recorded value was 39.74 million million USD in 2024.
What is the lowest gross domestic product — value us$ recorded in Asia?
The lowest recorded value was 514,842 million USD in 1970.
How does Asia rank for gross domestic product — value us$?
Asia ranks 1st out of 20 regions with data for 2024.
Is gross domestic product — value us$ rising or falling in Asia?
Over the last ten years it is up 48.1%. 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$. Statizoid updates them automatically from the source API.

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Gross Domestic Product — Value US$ in Asia. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 22 August 2026, from https://economy.statizoid.com/stat/gross-domestic-product-value-us/asia/

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About this data

Indicator
Gross Domestic Product — Value US$
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
252 places, 12,899 data points, 1970–2024
Last refreshed

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).