This is an alphabetically sorted list of Asian countries, with their factual and estimated gross domestic product data by the International Monetary Fund. [1]
Region rank | Country/Territory | 2024 GDP (nominal) in billions |
— | Asia | 42.72 trillion |
1 | China | 19.81 trillion |
2 | Japan | 4.94 trillion |
3 | India | 3.72 trillion |
4 | South Korea | 1.84 trillion |
5 | Indonesia | 1.63 trillion |
6 | Turkey | 1.38 trillion |
7 | Saudi Arabia | 1.14 trillion |
8 | Taiwan | 803.1 billion |
9 | Thailand | 588.6 billion |
10 | Singapore | 530.3 billion |
11 | United Arab Emirates | 527.7 billion |
12 | Israel | 521.1 billion |
13 | Philippines | 478.8 billion |
14 | Vietnam | 475.2 billion |
15 | Malaysia | 465.5 billion |
16 | Iran | 464.8 billion |
17 | Hong Kong (China) | 448.1 billion |
18 | Pakistan | 428.8 billion |
19 | Bangladesh | 414.9 billion |
20 | Iraq | 297.7 billion |
21 | Kazakhstan | 296.8 billion |
22 | Qatar | 246.3 billion |
23 | Kuwait | 184.8 billion |
24 | Oman | 114.7 billion |
25 | Uzbekistan | 101.8 billion |
26 | Turkmenistan | 91.1 billion |
27 | Sri Lanka | 85.4 billion |
28 | Azerbaijan | 80.9 billion |
29 | Myanmar | 79.3 billion |
30 | Macau (China) | 54.7 billion |
31 | Jordan | 53.6 billion |
32 | Bahrain | 46.8 billion |
33 | Nepal | 46.1 billion |
34 | Cambodia | 45.2 billion |
35 | Lebanon | 38.1 billion |
36 | Cyprus | 34.3 billion |
37 | Georgia | 36.6 billion |
38 | Armenia | 27.5 billion |
39 | North Korea | 24.5 billion |
40 | Syria | 22.4 billion |
41 | Mongolia | 22.1 billion |
42 | Yemen | 21.9 billion |
43 | Palestine | 19.8 billion |
44 | Laos | 19.1 billion |
45 | Brunei | 16.4 billion |
46 | Kyrgyzstan | 13.7 billion |
47 | Tajikistan | 13.2 billion |
48 | Maldives | 8.21 billion |
49 | Afghanistan | 7.43 billion |
50 | Bhutan | 3.31 billion |
51 | Timor-Leste | 3.25 billion |
The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution funded by 190 member countries, with headquarters in Washington, D.C. It is regarded as the global lender of last resort to national governments, and a leading supporter of exchange-rate stability. Its stated mission is "working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world." Established in July 1944 at the Bretton Woods Conference, primarily according to the ideas of Harry Dexter White and John Maynard Keynes, it started with 29 member countries and the goal of reconstructing the international monetary system after World War II. It now plays a central role in the management of balance of payments difficulties and international financial crises. Through a quota system, countries contribute funds to a pool from which countries can borrow if they experience balance of payments problems. As of 2016, the fund had SDR 477 billion.
Special drawing rights are supplementary foreign exchange reserve assets defined and maintained by the International Monetary Fund (IMF). SDRs are units of account for the IMF, and not a currency per se. They represent a claim to currency held by IMF member countries for which they may be exchanged. SDRs were created in 1969 to supplement a shortfall of preferred foreign exchange reserve assets, namely gold and U.S. dollars. The ISO 4217 currency code for special drawing rights is XDR and the numeric code is 960.
A developed country, or high-income country, is a sovereign state that has a high quality of life, developed economy, and advanced technological infrastructure relative to other less industrialized nations. Most commonly, the criteria for evaluating the degree of economic development are the gross domestic product (GDP), gross national product (GNP), the per capita income, level of industrialization, amount of widespread infrastructure and general standard of living. Which criteria are to be used and which countries can be classified as being developed are subjects of debate. Different definitions of developed countries are provided by the International Monetary Fund and the World Bank; moreover, HDI ranking is used to reflect the composite index of life expectancy, education, and income per capita. Another commonly used measure of a developed country is the threshold of GDP (PPP) per capita of at least US$22,000. In 2023, 40 countries fit all four criteria, while an additional 15 countries fit three out of four.
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A fixed exchange rate, often called a pegged exchange rate, is a type of exchange rate regime in which a currency's value is fixed or pegged by a monetary authority against the value of another currency, a basket of other currencies, or another measure of value, such as gold.
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