Top 10 Richest Asian countries May 2024
Asia is the largest continent and also the most heavily populated. It lies in the Eastern and northern hemispheres.
If you would like to know which of the countries in Asia is the richest, you’re in the right place. This article will compile a list of the richest country in Asia with their GDP per capita. In order to come up with the correct information, we will take the total goods and services per given year.
Richest Asian country May 2024
China is first on the list of the richest Asian Countries with a GDP of $24.27 trillion, India is the second in the list of richest Asian Countries with a GDP of 8.91 trillion, and Japan follows.
Top 10 richest Asian Countries May 2024
1.CHINA
China leads in the list with a GDP of $24.27 trillion, China’s source of revenue is from industry and construction. Agriculture is also a driver of the economy, There are other minor sources like mining, textiles, automobiles, machinery, steel, aluminum, coal, and ore processing.
2.INDIA
The second on the list is India with a GDP of $8.91 trillion. The major drivers of the economy are Industries and agriculture.
3.JAPAN
Japan is the third richest Asian country with a GDP of $5.33 trillion. Japan’s source of revenue is technology. Japan is known to be the most innovative country.
4.INDONESIA
Indonesia is one of the richest Asian countries with a GDP of $3.30 trillion. Major sectors that contribute to the growth of the economy are petroleum, natural gas, textiles, plywood, and chemical fertilizers.
5.TURKEY
Turkey has a GDP of $2.37 trillion thus becoming 5th on the list. Turkey’s economy mostly depends on agricultural products, textiles, transportation equipment, construction materials, and consumer electronics
6.SOUTH KOREA
South Korea follows on the rank with a GDP of $2,23 trillion. The economy of this country is driven by fuel exports and some finished products such as textiles, electronics, automobiles, and steel.
7.SAUDI ARABIA
Saudi Arabia has a GDP of $1.63 trillion. The main driver of the economy is the petroleum sector.
8.THAILAND
Thailand has a GDP OF $1,3 trillion. The main source of revenue is the agriculture, manufacturing sector, and service sector.
9.IRAN
Iran is also on the list of the richest Asian countries with a GDP of $1.1 trillion. Iran is controlled by gas and oil production. Most of the industries in Iran are involved in the best stock exchange in the world called Tehran.
10.PAKISTAN
The last one on this list of the richest Asian countries is Pakistan with a GDP of $1.08 trillion. The economy is moved mostly by Agriculture, industries, and the service sector.
Review of the richest Asian Current May 2024
1.China
2.India
3.Japan
4.Indonesia
5.Turkey
6.South Korea
7.South Arabia
8.Thailand
9.Iran
10.Pakistan
Summary
Richest Asian countries
Article Name; Top 10 richest Asian countries
Description; China tops the list with a GDP of $24.27 trillion and India follows with a GDP of $8.91 trillion
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