Thought for the day

China’s GDP per Capita Growth puts India in the Shade


 
8 May 2024
 
China and India had similar levels of GDP per capita until 2002, but since then, China’s GDP per Capita has grown much faster than in India. China’s GDP per capita is now roughly twice India’s.

China's and India’s GDP per Capita Growth
China’s GDP per Capita Growth puts India in the Shade






China’s real GDP per capita has increased by 546% in the last 25 years, while India’s has increased by only 219%. See more data...



More perspectives using World Economics data



The World’s Biggest Economy
There is some dispute over which of the two undisputed superpowers is the biggest. The Economist (for example) clearly thinks America remains king of the jungle. Its issue dated May 13th 2023 subheads a paper called Peak China with the unequivocal "The meteoric rise of China's economy is ending". And notes later that "Even if China's economy does become the biggest in the world, i...


Which European Countries are Likely to Suffer First from Global Warming?
Climate change is likely to cause many different problems ranging from rising sea levels to more erratic and severe weather patterns. While impossible to be sure of the precise impact of global warming, it is reasonable to suppose that those countries with the highest average temperatures today will be first in line to suffer serious problems. The United Nations Climate Action Fa...


NATO vs. Russia
Today's chart looks at actual defence expenditures of NATO countries combined, and at the change when the US spend is excluded from the NATO total, plus a bar showing the change to NATO less US expenditures if all NATO countries spend 2% of GDP on defence. Notes: GDP in Purchasing Power Parity terms with added estimates for the size of the informal economy and adjustments for ...