China vs Serbia: Economic Indicators Comparison

China with a GDP of $13.6T ranked the 2nd largest economy in the world, while Serbia ranked 84th with $50.6B. By GDP 5-years average growth and GDP per capita, China and Serbia ranked 12th vs 131st and 76th vs 90th, respectively.

Gross Domestic Product & Income

StatChinaSerbia
GDP$13.6T$50.6B
GDP growth, 1 year6.6%4.4%
GDP growth, 5-years average6.9%2%
Population1.4B7M
GDP per capita$9.8k$7.2k
GDP per capita growth6.08%4.97%
Purchasing Power Parity conversion factor3.5441.64
Price level ratio of PPP conversion factor GDP to market exchange rate0.540.42
GDP per capita, PPP adjusted$18k$18k
GNI, Atlas method$13.2T$44.6B
GNI per capita$9.5k$6.4k
GNI, PPP adjusted$25.3T$115.5B
GNI per capita, PPP adjusted$18k$17k

Financial system and Human development

StatChinaSerbia
Income Tax Rate45%10%
Corporate Tax Rate25%15%
Inflation, consumer prices2.1%2%
Inflation, GDP deflator2.9%2.1%
Unemployment4.4%13.5%
Economic Freedom Index59.566
Personal Freedom Index67.84
Human Freedom Index6.117.19
Property Rights Index60.955.4
Judical Effectiveness Index76.346.8
Business Freedom Index76.872.6
Fiscal Health Index67.594.1
Labor Freedom Index64.466.9
Investment Freedom Index2070
Financial Freedom Index2050
Trade Freedom Index72.478
Monetary Freedom Index71.180.7
Government Spending Index67.949.7
Tax Burden Index70.483.7
Government Integrity Index4644
Corruption Perceptions Index3939
Life expectancy at birth, years76.576.1
Suicide mortality rate, per 100,000 people9.715.6
Mortality caused by road traffic injury, per 100,000 people18.27.4
Intentional homicides, per 100,000 people0.61.1
International tourism, number of arrivals62.9M1.7M

Government debt & reserves

StatChinaSerbia
Central government debt, % of GDP50.5%54.3%
External debt stocks, % of GNI14.5%71.7%
External debt stocks$2T$34.3B
Short-term debt, % of total reserves38.5%16.4%
Total debt service, % of exports and primary income8.2%22.3%
Adjusted net savings including particulate emission damage, % of GNI20.1%-3.2%
Gross savings, % of GDP46.3%18.6%
Gross capital formation, % of GDP44.1%22.7%
Total reserves including gold$3.2T$12.9B
Foreign direct investment net inflows$203.5B$4.1B

Exports, imports and economic structure

StatChinaSerbia
Exports of goods and services, % of GDP19.5%50.8%
Imports of goods and services, % of GDP18.7%59.3%
Current account balance (balance of payments)$49.1B-$2.6B
Revenue excluding grants, % of GDP15.8%32.8%
Grants excluding technical cooperation, BoP$191.6M$334.6M
Personal remittances received$24.3B$4.3B
Industry including construction value added, % of GDP40.7%25.5%
Agriculture, forestry and fishing value added, % of GDP7.2%6.3%
Charges for the use of intellectual property, payments BoP$35.8B$289.7M
Charges for the use of intellectual property, receipts BoP$5.6B$57.9M
Expense, % of GDPN/A36.9%
Government Expenditure, % of GDP32.7%40.9%

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
Libya
$7.2k
6.68M
Turkmenistan
$7k
5.85M

Serbia vs

CountryGDP
per capita
Population
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
Libya
$7.2k
6.68M
Turkmenistan
$7k
5.85M
Peru
$6.9k
29.4M
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M
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