GERD as a percentage of GDP in MDG: Eastern Asia

MDG: Eastern Asia: GERD as a percentage of GDP was 2.7% in 2023. β–² Rising

Latest (2023)
2.7%
Change on year
up 2.7%
Rank
5th
of 50 groups
All-time high
2.7%
in 2023
All-time low
0.9%
in 1996
Years of data
28
1996–2023

GERD as a percentage of GDP in MDG: Eastern Asia, 1996–2023

11.522.51996200920231996: 0.8711997: 0.9271998: 0.8811999: 0.9522000: 1.12001: 1.12002: 1.22003: 1.32004: 1.42005: 1.42006: 1.52007: 1.52008: 1.62009: 1.82010: 1.82011: 1.92012: 22013: 2.12014: 2.12015: 2.22016: 2.22017: 2.22018: 2.32019: 2.42020: 2.52021: 2.52022: 2.72023: 2.7

Source: UNESCO Institute for Statistics.

Analysis

MDG: Eastern Asia recorded 2.7% for gerd as a percentage of gdp in 2023. That is the highest value across all 28 years on record.

The figure is up 2.7% on the previous year and up 30.0% over ten years.

Over the whole period, gerd as a percentage of gdp in MDG: Eastern Asia peaked at 2.7% in 2023 and was at its lowest, 0.9%, in 1996.

MDG: Eastern Asia ranks 5th of 50 groups on this measure, in the top 10%.

The long-run direction has been consistently rising across the 28 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.9% 0.9% 1.0% 4
2000s 1.4% 1.1% 1.8% 10
2010s 2.1% 1.8% 2.4% 10
2020s 2.6% 2.5% 2.7% 4

Countries ranked near MDG: Eastern Asia

  1. 2 Republic of Korea 4.9% compare
  2. 3 Sweden 3.6% compare
  3. 4 United States of America 3.4% compare
  4. 5 Japan 3.4% compare
  5. 6 Belgium 3.3% compare
  6. 7 Austria 3.3% compare
  7. 8 Switzerland 3.2% compare

See the full ranking of 166 places β†’

More science & technology data for MDG: Eastern Asia

All data for MDG: Eastern Asia β†’

Frequently asked questions

What is gerd as a percentage of gdp in MDG: Eastern Asia?
Gerd as a percentage of gdp in MDG: Eastern Asia was 2.7% in 2023, according to UNESCO Institute for Statistics.
What is the highest gerd as a percentage of gdp recorded in MDG: Eastern Asia?
The highest recorded value was 2.7% in 2023.
What is the lowest gerd as a percentage of gdp recorded in MDG: Eastern Asia?
The lowest recorded value was 0.9% in 1996.
How does MDG: Eastern Asia rank for gerd as a percentage of gdp?
MDG: Eastern Asia ranks 5th out of 50 groups with data for 2023.
Is gerd as a percentage of gdp rising or falling in MDG: Eastern Asia?
Over the last ten years it is up 30.0%. The long-run trend across the full record is rising.
Where does this MDG: Eastern Asia data come from?
The figures come from UNESCO Institute for Statistics, published as part of GERD as a percentage of GDP. Statizoid updates them automatically from the source API.

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GERD as a percentage of GDP in MDG: Eastern Asia. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 21 August 2026, from https://science-tech.statizoid.com/stat/gerd-as-a-percentage-of-gdp/mdg-eastern-asia/

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About this data

Indicator
GERD as a percentage of GDP
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
166 places, 3,775 data points, 1996–2024
Last refreshed

February 2026 Data Release