Economy of Asia

ebook Economy in countries, Book 22 · Economy in countries

By Ivan Kushnir

cover image of Economy of Asia

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This book about the economy of Asia from the 1970s to the 2010s. Source data from UN Data.

Size. In the 2010s, the gross domestic product of Asia was equal to $27.4 trillion per year; the value of agriculture was $1.9 trillion; the value of industry was $8.1 trillion.

Productivity. In the 2010s, the gross domestic product per capita was $6 207.1, the value of agriculture per capita was $436.7, the value of industry per capita was $1 847.0. Since the productivity is between the average of below average and the average, the economy is classified as developing.

Growth. In the 2010s, the growth of gross domestic product was 5.2%; the growth of agriculture was 3.3%; the growth of industry was 5.6%.

Structure. In the 2010s, the economy of Asia included: services (35.2%), industry (30.5%), trade (13.5%), agriculture (7.2%), transportation (7.1%), and construction (6.5%).

Exports and imports. In the 2010s, the exports were 8.3% higher than the imports, the net exports were equal to 2.4% of the GDP.

Consumption and reproduction. The attitude of reproduction to the consumption is better than the global average, so the share of GDP in the world will increase.

Economy of Asia