World Economics Home
Data by Country
Data by Region
Data by Indicator
Data Quality Ratings
World Markets of Tomorrow
Monthly Surveys
Insight Archive
Rankings
Concepts & Methodologies
Data Download Portal
About World Economics
Contact Us
Log-In
About
COUNTRIES
Most popular:
China
,
Russia
,
India
,
USA
,
Israel
,
Saudi Arabia
,
Japan
,
Malaysia
,
Canada
,
Czechia
,
Indonesia
,
Pakistan
,
Germany
,
Mexico
,
Singapore
,
Nigeria
,
Türkiye
,
Egypt
,
Thailand
,
Ethiopia
,
Italy
,
South Africa
,
Bangladesh
,
Philippines
,
Brazil
,
United Kingdom
Asia - Pacific
Afghanistan
Australia
Azerbaijan
Bangladesh
Bahrain
Bhutan
Brunei
Cambodia
China
Hong Kong
India
Indonesia
Israel
Japan
Jordan
Kazakhstan
Korea, Rep.
Kuwait
Kyrgyzstan
Laos
Lebanon
Malaysia
Mongolia
Myanmar
Nepal
New Zealand
Oman
Pakistan
Papua New Guinea
Philippines
Qatar
Russia
Saudi Arabia
Singapore
Sri Lanka
Taiwan
Tajikistan
Thailand
Türkiye
Turkmenistan
United Arab Emirates
Uzbekistan
Vietnam
Yemen, Rep.
Americas
Argentina
Bahamas, The
Bolivia
Brazil
Canada
Chile
Colombia
Costa Rica
Dominican Republic
Ecuador
El Salvador
Guatemala
Guyana
Haiti
Honduras
Jamaica
Mexico
Nicaragua
Panama
Paraguay
Peru
Suriname
Trinidad & Tobago
United States of America
Uruguay
Europe
Albania
Armenia
Austria
Belarus
Belgium
Bosnia and Herzegovina
Bulgaria
Croatia
Cyprus
Czechia
Denmark
Estonia
Finland
France
Georgia
Germany
Greece
Hungary
Iceland
Ireland
Italy
Latvia
Lithuania
Luxembourg
Malta
Moldova
Netherlands
North Macedonia
Norway
Poland
Portugal
Romania
Serbia
Slovak Republic
Slovenia
Spain
Sweden
Switzerland
Ukraine
United Kingdom
Africa
Algeria
Angola
Benin
Botswana
Burkina Faso
Burundi
Cabo Verde
Cameroon
Central African Republic
Chad
Comoros
Congo, Dem. Rep.
Congo, Rep.
Cote d'Ivoire
Egypt
Eswatini
Ethiopia
Gabon
Gambia, The
Ghana
Guinea
Guinea-Bissau
Kenya
Lesotho
Liberia
Libya
Madagascar
Malawi
Mali
Mauritania
Mauritius
Morocco
Mozambique
Namibia
Niger
Nigeria
Rwanda
Senegal
Sierra Leone
South Africa
Sudan
Tanzania
Togo
Tunisia
Uganda
Zambia
Zimbabwe
Regions
Geographic Regions
Africa
Americas
Asia Pacific
Europe
Thematic Regions
Economic Giants
Global North
Global South
Developed Markets
Emerging Markets
Frontier Markets
High Income Countries
Middle Income Countries
Low Income Countries
Bottom-Billion
Trade & Political Blocs
European Union
BRICS
Association of Southeast Asian Nations (ASEAN)
Regional Comprehensive Economic Partnership (RCEP)
Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)
Forums
Indo-Pacific Economic Framework (IPEF)
OECD
G7
G20
NATO
INDICATORS
ECONOMICS
GDP Data Quality
Informal Economy Sizes
GDP Data Base Years
System of National Accounts
Statistical Capacity Index
Governance Index
GDP Size
Gross Domestic Product (GDP)
Share of Global GDP
GDP Growth
GDP Compound Annual Growth Rates
Share of Global GDP Growth
Wealth
Income & Asset Wealth per Capita
GDP Per Capita by Country
GDP Per Capita CAGR Growth
GDP Per Capita - Quality Raitings
Inequality
Gini Coefficient
Gini Year
Debt
Debt-to-GDP Ratio by Size
DEMOGRAPHY
Population Data Quality
Latest Census Year
Registration of Births
Statistical Capacity Index
Population
Population by Size
Population Growth Rates
Fertility Rates
Median Age
Age Dependency:
Young
,
Old
,
Total
Life Expectancy
E.S.G.
Environmental Ratings
Carbon Emissions
Methane Emissions
Air Quality
Access to Safe Water
Temperature Data
Social Ratings
Life Expectancy
Average Years of Schooling
Population Living in Poverty
Employment to Population Ratio
Governance Ratings
Rule of Law
Press Freedom
Political Rights
Corruption Perceptions Index
Rankings
GDP Data Quality Rankings
GDP Per Capita Data Quality Rankings
Countries by GDP Size
Countries by Share of Global GDP Growth
Countries by Share of Global GDP
Countries by Growth Rate (CAGR)
Countries by GDP Per Capita
Countries by Informal Economy Size
Countries by Debt Levels
Population Data Quality Rankings
Countries by Population Size
Countries by Corruption Levels
Countries by Inequality Levels
Environmental Impact by Country
Social Factors by Country
Governance by Country
Monthly Surveys
Global Growth Sales Managers Index
Sales Managers Index: China
Sales Managers Index: U.S.A.
Sales Managers Index: India
Data Quality Ratings
Ratings
GDP Data Quality Ratings
Population Data Quality Ratings
GDP Per Capita Data Quality Ratings
Methodologies
GDP Data Quality Ratings
Population Data Quality Ratings
GDP Per Capita Data Quality Ratings
LOG-IN
Thought for the day
China's GDP is Likely to Grow to
Twice the Size of US GDP
Last updated: 15 June 2024
South Korea, and Taiwan have achieved GDP per head of around 80% of the US level, starting from very close to poverty. If China can raise GDP per head to just 50%+ of US levels (hardly an impossible task given its record over the last 40 years), it will have a GDP twice that of the US. If China's GDP per capita gets anywhere near those achieved in South Korea, its economy will approach three times the size of the US.
China and South Korean GDP per Capita: 2008-2023
GDP per Capita in Purchasing Power Parity Terms, Int$
Any number of factors might derail China's growth, even in the short term, including war over Taiwan, mismanagement of the Chinese economy linked to its poor Governance rating, and further attempts by America to reduce trading links with China. But seismic events aside, given the giant size of its home market, its role as workshop to the world and its extraordinary growth rate since 1980, it appears quite likely that China will come to dominate the world economy over the next quarter century.
See the China Review...
See The China Survey...
See more Thoughts on China...
More perspectives using World Economics data
Europe’s Combined GDP is far Larger than Russia's
Americas support for Ukraine is no longer certain. What guarantee does Europe have of containing Russia without the big guns of the USA? It is said (attributed to George Bernard Shaw and many others) that God always favours the big battalions in war, meaning that whoever has the greatest resources is likely - sooner or later - to triumph over the many other factors that can play a part. If this is th...
See detail...
More data...
Living Standards in South Korea Soar Above Asia-Pacific Region and Emerging Markets
Economic Growth boosted by strong institutions and investment in human capital. Real GDP per capita in South Korea has grown by 156% since 1998, far above the figures for the Asia region at around 88% and Emerging Markets at 69%. South Korea has seen steady cumulative average annual real growth in output of 2.9% over the last ten years, but growth has been inclusive with inequality close to the level...
See detail...
More data...
A Decade of Economic Transformation
The table below illustrates the remarkable progress of the Asia-Pacific region in the past decade in GDP per Capita terms. The region’s GDP per capita increased by 57.3%. Although growth has been dramatic, the region still lags behind the Americas and Europe, where the level of GDP per capita is about twice as high. South Asia stands out as the fastest-growing sub-region (as defined by World Economics...
See detail...
More data...