Business

India to China: 7 Top richest countries in Asia in 2024

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China ($17.7 trillion GDP)

China stands first on the list of the richest countries in Asia. It has a staggering GDP of $17.7 trillion due to its industrial, wholesale and financial sectors. 

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Japan ($4.23 trillion GDP)

Japan is the second-richest country in Asia. The services sector contributes about 69.89% to the GDP. Sectors like industry, construction, and manufacturing also contribute to it. 

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India ($3.37 trillion GDP)

India is the third-richest country in Asia, with a GDP of $3.37 trillion. Sectors like services, industry, agriculture, and allied sectors contribute to it. 

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South Korea ($1.71 trillion GDP)

South Korea is the fourth-richest country on the list, with a GDP of $1.71 trillion. Sectors like manufacturing, wholesale, retail, food service, and real estate contribute to it. 

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Indonesia ($1.42 trillion GDP)

Indonesia is the fifth-richest country on the continent. It has a GDP of $1.42 trillion, mainly due to the manufacturing sector. Others include wholesale, retail, and agriculture. 

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Turkey ($1.15 trillion GDP)

Turkey is the sixth-richest country in Asia. It has a GDP of $1.15 trillion. The service sector is the major contributor to the GDP, followed by industry and agriculture. 

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Saudi Arabia ($1108.57 billion GDP)

Saudi Arabia is the seventh-richest country in Asia. It has a GDP of $1108.57 billion primarily due to its crude petroleum and natural gas activities. 

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