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According to the latest statistics released by the World Bank in 2024, among the Asian countries in 2016, China ranked first in terms of gross domestic product(GDP), with a total economic volume of $11223.7 billion; Japan ranked second in terms of GDP, with a total economic volume of $5003.68 billion; India ranked third in terms of GDP, with a total economic volume of $2294.8 billion; South Korea ranked fourth in terms of GDP, with a total economy of $1500.11 billion; and Indonesia, with a total economy of $931.88 billion, ranked fifth in GDP.