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According to the latest statistics released by the World Bank in 2024, among the Asian countries in 1995, Japan ranked first in terms of gross domestic product(GDP), with a total economic volume of $5545.56 billion; China ranked second in terms of GDP, with a total economic volume of $734.3 billion; South Korea ranked third in terms of GDP, with a total economic volume of $566.58 billion; India ranked fourth in terms of GDP, with a total economy of $360.28 billion; and Taiwan, with a total economy of $279.3 billion, ranked fifth in GDP.