5 Largest Economies in Asia

In this article, we look at the 5 largest economies in Asia. To read our detailed analysis and see how we ranked these economies, head to the 20 Largest Economies in Asia.

5. Indonesia

GDP: $1.3 trillion

Indonesia is the biggest economy in southeast Asia, boasting a GDP of over $1.3 trillion in 2022. It is considered as one of the emerging markets and has been forecasted by PwC to become the fourth largest economy in the world by 2050. Indonesia is also a member of the G20. The Asian Development Bank (ADB) has projected the Indonesian economy to grow by 4.8% in 2023 and 5% by 2024. Last year, Microsoft Corporation (NASDAQ:MSFT) announced to join a $100 million investment in PT Bukalapak.com, an Indonesian online market place.