5 Largest Economies in Asia

3. India

GDP: $3.4 trillion

India is among the three largest Asian economies. In 2022, the IMF measured the size of its economy at $3.4 trillion. India is actively competing with China over economic and political supremacy in Asia. India’s GDP expanded by 6.1% in the final quarter of 2022, beating estimates. That being said, while India is huge market for international investors, it ranks way below other developed and developing countries in Asia on per capita GDP. More than 300 million people still live in abject poverty according to the ADB.