China vs Saudi Arabia: Economic Indicators Comparison
China with a GDP of $13.6T ranked the 2nd largest economy in the world, while Saudi Arabia ranked 18th with $786.5B. By GDP 5-years average growth and GDP per capita, China and Saudi Arabia ranked 12th vs 124th and 76th vs 41st, respectively.
Gross Domestic Product & Income
Stat | China | Saudi Arabia |
---|---|---|
GDP | $13.6T | $786.5B |
GDP growth, 1 year | 6.6% | 2.2% |
GDP growth, 5-years average | 6.9% | 2.2% |
Population | 1.4B | 33M |
GDP per capita | $9.8k | $23k |
GDP per capita growth | 6.08% | 0.61% |
Purchasing Power Parity conversion factor | 3.54 | 1.58 |
Price level ratio of PPP conversion factor GDP to market exchange rate | 0.54 | 0.42 |
GDP per capita, PPP adjusted | $18k | $56k |
GNI, Atlas method | $13.2T | $727.8B |
GNI per capita | $9.5k | $22k |
GNI, PPP adjusted | $25.3T | $1.9T |
GNI per capita, PPP adjusted | $18k | $56k |
Financial system and Human development
Stat | China | Saudi Arabia |
---|---|---|
Income Tax Rate | 45% | 2.5% |
Corporate Tax Rate | 25% | 2.5% |
Inflation, consumer prices | 2.1% | 2.5% |
Inflation, GDP deflator | 2.9% | 11.5% |
Unemployment | 4.4% | 5.9% |
Economic Freedom Index | 59.5 | 62.4 |
Personal Freedom Index | 6 | 4.65 |
Human Freedom Index | 6.11 | 5.66 |
Property Rights Index | 60.9 | 64.6 |
Judical Effectiveness Index | 76.3 | 72.3 |
Business Freedom Index | 76.8 | 66.6 |
Fiscal Health Index | 67.5 | 19.3 |
Labor Freedom Index | 64.4 | 63.3 |
Investment Freedom Index | 20 | 45 |
Financial Freedom Index | 20 | 50 |
Trade Freedom Index | 72.4 | 75.4 |
Monetary Freedom Index | 71.1 | 81 |
Government Spending Index | 67.9 | 61.8 |
Tax Burden Index | 70.4 | 99.8 |
Government Integrity Index | 46 | 49.6 |
Corruption Perceptions Index | 39 | 49 |
Life expectancy at birth, years | 76.5 | 74.9 |
Suicide mortality rate, per 100,000 people | 9.7 | 3.2 |
Mortality caused by road traffic injury, per 100,000 people | 18.2 | 28.8 |
Intentional homicides, per 100,000 people | 0.6 | 1.3 |
International tourism, number of arrivals | 62.9M | 15.3M |
Government debt & reserves
Stat | China | Saudi Arabia |
---|---|---|
Central government debt, % of GDP | 50.5% | 19.1% |
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% | 13.4% |
Gross savings, % of GDP | 46.3% | 33.2% |
Gross capital formation, % of GDP | 44.1% | 24.2% |
Total reserves including gold | $3.2T | $509.5B |
Foreign direct investment net inflows | $203.5B | $4.2B |
Exports, imports and economic structure
Stat | China | Saudi Arabia |
---|---|---|
Exports of goods and services, % of GDP | 19.5% | 39.9% |
Imports of goods and services, % of GDP | 18.7% | 26.7% |
Current account balance (balance of payments) | $49.1B | $70.6B |
Revenue excluding grants, % of GDP | 15.8% | 26.8% |
Grants excluding technical cooperation, BoP | $191.6M | $290k |
Personal remittances received | $24.3B | $334.9M |
Industry including construction value added, % of GDP | 40.7% | 49.5% |
Agriculture, forestry and fishing value added, % of GDP | 7.2% | 2.2% |
Charges for the use of intellectual property, payments BoP | $35.8B | N/A |
Charges for the use of intellectual property, receipts BoP | $5.6B | N/A |
Expense, % of GDP | N/A | 28% |
Government Expenditure, % of GDP | 32.7% | 35.7% |