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China vs India: Economic Indicators Comparison

China with a GDP of $13.6T ranked the 2nd largest economy in the world, while India ranked 7th with $2.7T. By GDP 5-years average growth and GDP per capita, China and India ranked 12th vs 6th and 76th vs 150th, respectively.

Gross Domestic Product & Income

StatChinaIndia
GDP$13.6T$2.7T
GDP growth, 1 year6.6%7.1%
GDP growth, 5-years average6.9%7.6%
Population1.4B1.3B
GDP per capita$9.8k$2k
GDP per capita growth6.08%5.71%
Purchasing Power Parity conversion factor3.5418.1
Price level ratio of PPP conversion factor GDP to market exchange rate0.540.26
GDP per capita, PPP adjusted$18k$7.9k
GNI, Atlas method$13.2T$2.7T
GNI per capita$9.5k$2k
GNI, PPP adjusted$25.3T$10.4T
GNI per capita, PPP adjusted$18k$7.7k

Financial system and Human development

StatChinaIndia
Income Tax Rate45%30.9%
Corporate Tax Rate25%32.4%
Inflation, consumer prices2.1%3.5%
Inflation, GDP deflator2.9%4.1%
Unemployment4.4%2.6%
Economic Freedom Index59.556.5
Personal Freedom Index66.96
Human Freedom Index6.116.8
Property Rights Index60.963
Judical Effectiveness Index76.364.1
Business Freedom Index76.865.6
Fiscal Health Index67.513.1
Labor Freedom Index64.441.2
Investment Freedom Index2040
Financial Freedom Index2040
Trade Freedom Index72.473.4
Monetary Freedom Index71.173
Government Spending Index67.977.9
Tax Burden Index70.479.4
Government Integrity Index4647.2
Corruption Perceptions Index3941
Life expectancy at birth, years76.569.2
Suicide mortality rate, per 100,000 people9.716.3
Mortality caused by road traffic injury, per 100,000 people18.222.6
Intentional homicides, per 100,000 people0.63.2
International tourism, number of arrivals62.9M17.4M

Government debt & reserves

StatChinaIndia
Central government debt, % of GDP50.5%69.8%
External debt stocks, % of GNI14.5%19.3%
External debt stocks$2T$521.4B
Short-term debt, % of total reserves38.5%26.1%
Total debt service, % of exports and primary income8.2%11.4%
Adjusted net savings including particulate emission damage, % of GNI20.1%16.3%
Gross savings, % of GDP46.3%30.9%
Gross capital formation, % of GDP44.1%31.3%
Total reserves including gold$3.2T$399.2B
Foreign direct investment net inflows$203.5B$42.1B

Exports, imports and economic structure

StatChinaIndia
Exports of goods and services, % of GDP19.5%19.7%
Imports of goods and services, % of GDP18.7%23.6%
Current account balance (balance of payments)$49.1B-$65.6B
Revenue excluding grants, % of GDP15.8%12.9%
Grants excluding technical cooperation, BoP$191.6M$689.4M
Personal remittances received$24.3B$78.8B
Industry including construction value added, % of GDP40.7%26.7%
Agriculture, forestry and fishing value added, % of GDP7.2%14.6%
Charges for the use of intellectual property, payments BoP$35.8B$7.9B
Charges for the use of intellectual property, receipts BoP$5.6B$784.9M
Expense, % of GDPN/A14.9%
Government Expenditure, % of GDP32.7%27.1%

Compare with countries close by GDP per capita

China vs

CountryGDP
per capita
Population
Panama
$16k
3.86M
Poland
$15k
38.5M
Croatia
$15k
4.11M
Romania
$12k
19.6M
Costa Rica
$12k
4.87M
Argentina
$12k
44.9M
Malaysia
$11k
31.6M
Russia
$11k
147M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k
Maldives
$10k
345k
Equatorial Guinea
$10k
1.22M
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18M
Mexico
$9.7k
131M
Turkey
$9.4k
82M
Bulgaria
$9.3k
7.27M
Brazil
$8.9k
208M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.3M
Lebanon
$8.3k
4.47M
Botswana
$8.3k
2.02M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
1.67M
Dominica
$7.7k
72k
Saint Vincent
$7.4k
109k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
5.66M

India vs

CountryGDP
per capita
Population
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
850k
Papua New Guinea
$2.7k
7.32M
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.77M
Honduras
$2.5k
8.1M
Ghana
$2.2k
28.3M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
14.1M
Solomon Islands
$2.1k
561k
East Timor
$2k
1.18M
Syria
$2k
19.8M
Nicaragua
$2k
6.22M
Nigeria
$2k
191M
Sao Tome and Principe
$2k
193k
Ivory Coast
$1.7k
20.3M
Kenya
$1.7k
48.5M
North Korea
$1.7k
24.9M
Bangladesh
$1.7k
157M
Kiribati
$1.6k
102k
Zambia
$1.5k
17.1M
Cameroon
$1.5k
24.1M
Uzbekistan
$1.5k
32.4M
Senegal
$1.5k
14.1M
Cambodia
$1.5k
15.1M
Pakistan
$1.5k
197M
Comoros
$1.4k
735k
Myanmar
$1.3k
53.3M
Lesotho
$1.3k
2.23M