Economy of Asia
The continent of Asia has a diversified developing economy across the largest continental land-mass in the world. It comprises about 4.7 billion people (60% of the world population) living in 50 different nations. Asia is the fastest growing economic region, as well as the largest continental economy by both nominal GDP and PPP-adjusted GDP. As in all world regions, the wealth of Asia differs widely between, and within, states. This is due to its vast size, meaning a huge range of different cultures, environments, historical ties and government systems. The largest economies in Asia in terms of PPP gross domestic product (GDP) are China, India, Japan, Indonesia, Turkey, South Korea, Egypt, Saudi Arabia and Taiwan. In terms of nominal gross domestic product (GDP), they are China, India, Japan, South Korea, Turkey, Indonesia, Saudi Arabia, Taiwan, Israel and Singapore. Total wealth (as well as overall GDP) is mainly concentrated in East Asia, South Asia and Southeast Asia. Israel and Turkey...
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