China vs Georgia: Economic Indicators Comparison

China with a GDP of $13.6T ranked the 2nd largest economy in the world, while Georgia ranked 119th with $17.6B. By GDP 5-years average growth and GDP per capita, China and Georgia ranked 12th vs 54th and 76th vs 111th, respectively.

Gross Domestic Product & Income

StatChinaGeorgia
GDP$13.6T$17.6B
GDP growth, 1 year6.6%4.7%
GDP growth, 5-years average6.9%4%
Population1.4B3.7M
GDP per capita$9.8k$4.7k
GDP per capita growth6.08%4.72%
Purchasing Power Parity conversion factor3.541
Price level ratio of PPP conversion factor GDP to market exchange rate0.540.39
GDP per capita, PPP adjusted$18k$11k
GNI, Atlas method$13.2T$16.6B
GNI per capita$9.5k$4.4k
GNI, PPP adjusted$25.3T$42.9B
GNI per capita, PPP adjusted$18k$12k

Financial system and Human development

StatChinaGeorgia
Income Tax Rate45%20%
Corporate Tax Rate25%15%
Inflation, consumer prices2.1%2.6%
Inflation, GDP deflator2.9%4.4%
Unemployment4.4%14.1%
Economic Freedom Index59.577.1
Personal Freedom Index67.4
Human Freedom Index6.117.48
Property Rights Index60.968.6
Judical Effectiveness Index76.357.9
Business Freedom Index76.885.3
Fiscal Health Index67.594.4
Labor Freedom Index64.476.3
Investment Freedom Index2080
Financial Freedom Index2070
Trade Freedom Index72.488.6
Monetary Freedom Index71.178.3
Government Spending Index67.973.6
Tax Burden Index70.487.1
Government Integrity Index4664.8
Corruption Perceptions Index3958
Life expectancy at birth, years76.573.4
Suicide mortality rate, per 100,000 people9.78.2
Mortality caused by road traffic injury, per 100,000 people18.215.3
Intentional homicides, per 100,000 people0.61
International tourism, number of arrivals62.9M4.8M

Government debt & reserves

StatChinaGeorgia
Central government debt, % of GDP50.5%44.5%
External debt stocks, % of GNI14.5%110.6%
External debt stocks$2T$17.1B
Short-term debt, % of total reserves38.5%81.1%
Total debt service, % of exports and primary income8.2%23.7%
Adjusted net savings including particulate emission damage, % of GNI20.1%12.5%
Gross savings, % of GDP46.3%21%
Gross capital formation, % of GDP44.1%28.1%
Total reserves including gold$3.2T$3.3B
Foreign direct investment net inflows$203.5B$1.2B

Exports, imports and economic structure

StatChinaGeorgia
Exports of goods and services, % of GDP19.5%50.6%
Imports of goods and services, % of GDP18.7%61.2%
Current account balance (balance of payments)$49.1B-$1.2B
Revenue excluding grants, % of GDP15.8%23%
Grants excluding technical cooperation, BoP$191.6M$314.1M
Personal remittances received$24.3B$2B
Industry including construction value added, % of GDP40.7%19.9%
Agriculture, forestry and fishing value added, % of GDP7.2%6.8%
Charges for the use of intellectual property, payments BoP$35.8B$27.1M
Charges for the use of intellectual property, receipts BoP$5.6B$270k
Expense, % of GDPN/A21.4%
Government Expenditure, % of GDP32.7%29.6%

Compare with countries close by GDP per capita

China vs

CountryGDP
per capita
Population
Panama
$16k
4.1M
Poland
$15k
38.4M
Croatia
$15k
4.11M
Romania
$12k
19.6M
Costa Rica
$12k
4.91M
Argentina
$12k
44.9M
Malaysia
$11k
31.6M
Russia
$11k
147M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k
Maldives
$10k
436k
Equatorial Guinea
$10k
1.27M
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18.3M
Mexico
$9.7k
131M
Turkey
$9.4k
82M
Bulgaria
$9.3k
7M
Brazil
$8.9k
210M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.5M
Lebanon
$8.3k
6.1M
Botswana
$8.3k
2.29M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
2.03M
Dominica
$7.7k
73.9k
Saint Vincent
$7.4k
110k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
6.68M

Georgia vs

CountryGDP
per capita
Population
Ecuador
$6.3k
16.6M
Belarus
$6.3k
9.41M
Fiji
$6.3k
906k
Suriname
$6.2k
563k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.53M
Iraq
$5.8k
38.3M
Paraguay
$5.8k
6.81M
Iran
$5.6k
80M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
778k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M
Guatemala
$4.5k
17.3M
Tonga
$4.4k
108k
Jordan
$4.2k
10.4M
Armenia
$4.2k
2.93M
Samoa
$4.2k
196k
Eswatini
$4.1k
1.37M
Mongolia
$4.1k
3.08M
Algeria
$4.1k
41.3M
Sri Lanka
$4.1k
21.4M
El Salvador
$4.1k
6.42M
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
53.1k
Tuvalu
$3.7k
11.2k
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M