India, Asia's 3rd Largest Economic Giant: Who Are The Others?

Asia is home to some of the world’s largest economies. According to the IMF China, Japan, & India lead the continent in terms of GDP. Here's a look at the top 10 Asian economies in 2024. 

China continues to be the largest economy in Asia, with a GDP of $18.3 trillion. 

Japan holds the second position with a GDP of $4.1 trillion. 

India ranks third with a GDP of $3.9 trillion. The country’s rapid economic expansion is fueled by its booming IT sector, growing infrastructure, and strong consumer market. 

With a GDP of $1.9 trillion, South Korea is known for its advanced technology and strong manufacturing sector.

Indonesia has a GDP of $1.4 trillion, making it the largest economy in Southeast Asia.

Türkiye stands at $1.31 trillion GDP, benefiting from its strategic location connecting Europe and Asia. Its economy thrives on tourism, manufacturing, and exports. 

Saudi Arabia, with a GDP of $1.1 trillion, continues to be a major force in the global energy market.

Taiwan has a GDP of $775 billion, largely supported by its semiconductor and electronics industries.

With a GDP of $545 billion, the UAE has transformed into a global business hub.