List of Asian Countries with the Largest Economies in 2021: Where Does Indonesia Rank?

Vika Azkiya Dihni 06/01/2022 17:20 WIB

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China remains the leading economy in Asia. According to nominal Gross Domestic Product (GDP), the Bamboo Curtain nation's economy reached US$16.86 trillion in 2021.

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List of Asian Countries with the Largest Economies in 2021: Where Does Indonesia Rank?

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Top 8 Asian Countries by GDP (2021)

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The International Monetary Fund (IMF) indicates that China remains the leading economy in Asia. According to its Gross Domestic Product (GDP), the Bamboo Curtain country's nominal economy reached US$16.86 trillion in 2021.

This figure is the second largest in the world after the United States. China is also the world's largest economy according to purchasing power parity (PPP), according to the IMF.

Japan, which led for several decades, has now been overtaken by China. Japan's GDP is recorded at US$5.1 trillion, placing it second in Asia.

Next is India with a GDP of US$2.94 trillion, followed by South Korea with a GDP of US$1.82 trillion.

Indonesia's GDP is recorded at US$1.51 trillion, placing it fifth among the largest economies in Asia.

Editor : Annissa Mutia

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."