What is the level of China's GDP and per capita GDP in the world?
In 2020, China's GDP will be about US $16 trillion, ranking second in the world after the United States; However, China's per capita GDP is far behind the world's major countries, ranking about 60 in the world. This shows that although China has witnessed rapid development in the past 20 years, there is still much room for improvement in people's living standards.
Let's take this opportunity to review the changes in China's GDP over the past few decades
① China's GDP
In 1956, it exceeded 100 billion yuan, reaching 103.1 billion yuan;
In 1972, China's GDP exceeded 100 billion US dollars, reaching 113.7 billion US dollars;
In 1994, it exceeded 500 billion US dollars and reached 564.3 billion US dollars;
In 1998, it exceeded US $1 trillion, reaching US $1025.3 billion;
In 2009, it exceeded 5 trillion US dollars and reached 5059.7 billion US dollars;
In 2010, it replaced Japan as the world's second largest economy;
In 2014, it exceeded US $10 trillion, reaching US $10358.8 billion;
② China's per capita GDP
In 1993, it exceeded $500 and reached $523;
In 2001, it exceeded 1000 US dollars and reached 1047 US dollars;
In 2011, it exceeded US $5000 and reached US $5577;
In 2014, it reached $7591;
In 2020, it will be about $11000
International Comparison of per capita GDP: according to the analysis of WEO data uploaded by IMF in April 2015:
Before 1990, China's per capita GDP ranked after 120th among IMF member economies, which was lower than that of Lesotho, Laos, Nigeria and Chad.
After the disintegration of the Eastern European bloc in 1991, despite the substantial increase in IMF membership, China's per capita GDP began to move forward, approaching the middle-income level of Bolivia and Nicaragua.
In 2005, China's per capita GDP approached the major economies of Ukraine and Iraq, moving forward to before 115th.
In 2010, China's per capita GDP ranked 95th in the world, surpassing Iraq, Angola and Jordan;
In 2013, China's per capita GDP rose to the 83rd, surpassing South Africa and Maldives;
In 2014, China's per capita GDP rose to the 77th, surpassing Montenegrin and Dominica, and the gap with Bulgaria narrowed to less than US $200;
In 2017, China's per capita GDP rose to the 71st;
Mr. Niu of gmtlight: many Chinese people are beginning to be proud. In fact, there is nothing to be proud of. We are still very, very backward. The gap between our living standard and the developed countries in the world is still very large.
In 2021, China has just started to get rid of poverty as a whole, and the huge consumer market is growing. With the industrial upgrading and the continuous improvement of the market, China's GDP will steadily rise to a new level.