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This article includes a list of continents of the world sorted by their gross domestic product (GDP), the market value of all final goods and services from a continent in a given year. The GDP dollar estimates presented here are calculated at market or government official exchange rates .
The economy of Asia comprises about 4.7 billion people (60% of the world population) living in 50 different nations. [1] [2] Asia is the fastest growing economic region, as well as the largest continental economy by both GDP Nominal and PPP in the world. [11]
The top 3 largest economies in Asia are China, Japan and India ‹ The template Pie chart is being considered for merging . China is the largest economy in Asia, comprising nearly half of the continent's gross domestic product.
[40] [41] [42] For much of East Asia's economic history, China was one of the most developed economies. After the Fall of the Western Roman Empire, for a thousand years, from 500 AD to 1500 AD, China was the wealthiest country in East Asia in the aggregate total in addition to per capita income. [21]
The same phenomenon was discussed by Eric Jones, whose 1981 book The European Miracle: Environments, Economies and Geopolitics in the History of Europe and Asia popularized the alternate term "European Miracle". [14] Broadly, both terms signify a socioeconomic shift in which European countries advanced ahead of others during the modern period. [15]
Roman Empire. In the time of antiquity, wealth was measured in the amount of land an empire controlled and the number of people it ruled. The Roman business model is proof of why.
UBS publishes various statistics relevant for calculating net wealth. These figures are influenced by real estate prices, equity market prices, exchange rates, liabilities, debts, adult percentage of the population, human resources, natural resources and capital and technological advancements, which may create new assets or render others worthless in the future.
Forbes magazine annually lists the world's wealthiest individuals – "The World's Richest People". [1] What follows is the list of billionaires (in U.S. dollars ) in Southeast Asia , issued for 2024.