Exact density functionals for the exchange and correlation energies are approximated in practical calculations for the ground-state electronic structure of a many-electron system. An important exact constraint for the construction of approximations is to recover the correct non-relativistic large-Z expansions for the corresponding energies of neutral atoms with atomic number Z and electron number N = Z, which are correct to the leading order (-0.221Z^5/3 and -0.021Z ln Z, respectively) even in the lowest-rung or local density approximation. We find that hydrogenic densities lead to E_x(N, Z) ≈ -0.354N^2/3Z (as known before only for Z ≫ N ≫ 1) and E_c ≈ -0.02N ln N. These asymptotic estimates are most correct for atomic ions with large N and Z ≫ N, but we find that they are qualitatively and semi-quantitatively correct even for small N and N ≈ Z. The large-N asymptotic behavior of the energy is pre-figured in small-N atoms and atomic ions, supporting the argument that widely predictive approximate density functionals should be designed to recover the correct asymptotics. It is shown that the exact Kohn-Sham correlation energy, when calculated from the pure ground-state wavefunction, should have no contribution proportional to Z in the Z → ∞ limit for any fixed N.