5 Largest Economies in Asia

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1. China

GDP: $18.1 trillion

China is the largest economy in Asia, and the second biggest in the world in terms of GDP. IMF estimated the size of the Chinese economy to be $18.1 trillion in 2022. It is also the second most powerful country in the world. The Chinese Yuan has a three percent share as the global reserve currency, with at least 8 countries beginning or considering trading with China in yuan in place of the greenback. The PwC has projected China to be the largest economy in the world by 2050, holding 20% of share in the global GDP.

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