China vs Libya: Economic Indicators Comparison

China with a GDP of $13.6T ranked the 2nd largest economy in the world, while Libya ranked 86th with $48.4B. By GDP 5-years average growth and GDP per capita, China and Libya ranked 12th vs 144th and 76th vs 91st, respectively.

Gross Domestic Product & Income

Stat	China	Libya
GDP	$13.6T	$48.4B
GDP growth, 1 year	6.6%	17.9%
GDP growth, 5-years average	6.9%	1.7%
Population	1.4B	6.7M
GDP per capita	$9.8k	$7.2k
GDP per capita growth	6.08%	6.37%
Purchasing Power Parity conversion factor	3.54	0.48
Price level ratio of PPP conversion factor GDP to market exchange rate	0.54	0.35
GDP per capita, PPP adjusted	$18k	$11k
GNI, Atlas method	$13.2T	$42.8B
GNI per capita	$9.5k	$6.4k
GNI, PPP adjusted	$25.3T	$142.5B
GNI per capita, PPP adjusted	$18k	$21k

Financial system and Human development

Stat	China	Libya
Income Tax Rate	45%	10%
Corporate Tax Rate	25%	N/A
Inflation, consumer prices	2.1%	23.1%
Inflation, GDP deflator	2.9%	15.8%
Unemployment	4.4%	17.3%
Economic Freedom Index	59.5	47
Personal Freedom Index	6	5.17
Human Freedom Index	6.11	4.98
Property Rights Index	60.9	30.1
Judical Effectiveness Index	76.3	20.8
Business Freedom Index	76.8	40.7
Fiscal Health Index	67.5	N/A
Labor Freedom Index	64.4	53.9
Investment Freedom Index	20	5
Financial Freedom Index	20	N/A
Trade Freedom Index	72.4	N/A
Monetary Freedom Index	71.1	53.6
Government Spending Index	67.9	0
Tax Burden Index	70.4	N/A
Government Integrity Index	46	18.9
Corruption Perceptions Index	39	17
Life expectancy at birth, years	76.5	72.5
Suicide mortality rate, per 100,000 people	9.7	5.2
Mortality caused by road traffic injury, per 100,000 people	18.2	26.1
Intentional homicides, per 100,000 people	0.6	2.5
International tourism, number of arrivals	62.9M	142k

Government debt & reserves

Stat	China	Libya
Central government debt, % of GDP	50.5%	4.9%
External debt stocks, % of GNI	14.5%	N/A
External debt stocks	$2T	N/A
Short-term debt, % of total reserves	38.5%	N/A
Total debt service, % of exports and primary income	8.2%	N/A
Adjusted net savings including particulate emission damage, % of GNI	20.1%	35%
Gross savings, % of GDP	46.3%	67.3%
Gross capital formation, % of GDP	44.1%	29.8%
Total reserves including gold	$3.2T	$85.3B
Foreign direct investment net inflows	$203.5B	$0

Exports, imports and economic structure

Stat	China	Libya
Exports of goods and services, % of GDP	19.5%	62.2%
Imports of goods and services, % of GDP	18.7%	40.1%
Current account balance (balance of payments)	$49.1B	-$4.7B
Revenue excluding grants, % of GDP	15.8%	N/A
Grants excluding technical cooperation, BoP	$191.6M	$268.9M
Personal remittances received	$24.3B	$16M
Industry including construction value added, % of GDP	40.7%	77.5%
Agriculture, forestry and fishing value added, % of GDP	7.2%	1.8%
Charges for the use of intellectual property, payments BoP	$35.8B	N/A
Charges for the use of intellectual property, receipts BoP	$5.6B	$10M
Expense, % of GDP	N/A	N/A
Government Expenditure, % of GDP	32.7%	105.8%