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- The economy of China (Int. $35,291 bn) is Int. $6,510 billion or 1.23x of the US (Int. $28,781 bn) on purchasing power parity basis. According to estimates by World Bank, China's gdp was approx 11% of the US in 1960, but in 2022 it is 71%.
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It is estimated that, by 2030, China will overtake the U.S. as the world's largest economy, with a GDP of 33.7 trillion dollars, compared to 30.5 trillion dollars; this margin of more than...
Jul 7, 2023 · The U.S. economy continues to outstrip China’s by dollar value: In 2022, Chinese gross domestic product was $18 trillion, compared with $25.5 trillion for the United States. But...
The economy of China (Int. $35,291 bn) is Int. $6,510 billion or 1.23x of the US (Int. $28,781 bn) on purchasing power parity basis. According to estimates by World Bank, China's gdp was approx 11% of the US in 1960, but in 2022 it is 71%.
YearNominal Gdp (billions $)(us)Nominal Gdp (billions $)(china)Ppp Gdp (billions Int. $)(us)202225,462.7017,963.2025,462.70202123,315.1017,820.5023,315.10202021,060.5014,687.7021,060.50201921,381.0014,280.0021,381.00Apr 27, 2024 · The U.S. economy grew faster than expected last year on the back of a hardy job market and strong consumer spending, with a real GDP growth rate of 2.5 percent.
For more than a century, the United States has been the world's biggest economy, accounting for over 24% of the world’s gross domestic product (GDP) in 2016, according to figures from the World Bank. But change is afoot, as this infographic from the Visual Capitalistshows. Image: Visual Capitalist.
United States vs. The United States with a GDP of $20.5T ranked the 1st largest economy in the world, while China ranked 2nd with $13.6T. By GDP 5-years average growth and GDP per capita, the United States and China ranked 113th vs 12th and 11th vs 76th, respectively.
GDP (current US$) - China. World Bank national accounts data, and OECD National Accounts data files.
