Asia's Leading Percentage Share of Global GDP (2000-2022): Trends, Drivers, and Implications
Asian Journal of Economics, Business and Accounting · pp. 112–124 · Published 5 Feb 2024
10.9734/ajeba/2024/v24i31245Abstract
This study explores the intricate correlation between Gross Domestic Product (GDP) and exports in the top ten Asian economies from 2000 to 2022. Employing a quantitative research approach, the investigation utilizes extensive secondary data to discern patterns and dynamics impacting economic output within international trade. The analysis presents statistically significant connection between export potential and GDP across the sampled countries. According to the study, Asia's percentage share of global GDP has been growing steadily since 2000, indicating sustained economic growth in the region. Factors such as economic reforms, globalization, and technological advancements emerge as pivotal contributors to Asia's evolving role in the global economic landscape. Acknowledging limitations, including presumptions of a linear relationship and the exclusion of country-specific contextual factors, underscores the necessity for prudent interpretation. By amalgamating these findings with a comprehensive research methodology encompassing data collection, statistical analyses, and hypothesis testing, this study furnishes a holistic understanding of the multifaceted interactions shaping the economic trajectories of these nations.
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Cited by 2
Ninditya Nareswari, Małgorzata Tarczyńska‐Łuniewska, Katarzyna Szopik‐Depczyńska · Sustainable Development · 2025
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