China vs the United States: Economic Indicators Comparison

The United States with a GDP of $20.5T ranked the 1st largest economy in the world, while China ranked 2nd with $13.6T. By GDP 5-years average growth and GDP per capita, the United States and China ranked 113th vs 12th and 11th vs 76th, respectively.

Gross Domestic Product & Income

StatChinaUnited States
GDP$13.6T$20.5T
GDP growth, 1 year6.6%2.9%
GDP growth, 5-years average6.9%2.4%
Population1.4B325.1M
GDP per capita$9.8k$63k
GDP per capita growth6.08%2.29%
Purchasing Power Parity conversion factor3.541
Price level ratio of PPP conversion factor GDP to market exchange rate0.541
GDP per capita, PPP adjusted$18k$63k
GNI, Atlas method$13.2T$20.6T
GNI per capita$9.5k$63k
GNI, PPP adjusted$25.3T$20.8T
GNI per capita, PPP adjusted$18k$64k

Financial system and Human development

StatChinaUnited States
Income Tax Rate45%37%
Corporate Tax Rate25%21%
Inflation, consumer prices2.1%2.4%
Inflation, GDP deflator2.9%2.4%
Unemployment4.4%3.9%
Economic Freedom Index59.576.6
Personal Freedom Index68.55
Human Freedom Index6.118.39
Property Rights Index60.981.8
Judical Effectiveness Index76.383.7
Business Freedom Index76.883.3
Fiscal Health Index67.554.3
Labor Freedom Index64.487.9
Investment Freedom Index2085
Financial Freedom Index2080
Trade Freedom Index72.479.8
Monetary Freedom Index71.175.5
Government Spending Index67.956.5
Tax Burden Index70.474.6
Government Integrity Index4677.2
Corruption Perceptions Index3971
Life expectancy at birth, years76.578.5
Suicide mortality rate, per 100,000 people9.715.3
Mortality caused by road traffic injury, per 100,000 people18.212.4
Intentional homicides, per 100,000 people0.65.3
International tourism, number of arrivals62.9M79.7M

Government debt & reserves

StatChinaUnited States
Central government debt, % of GDP50.5%105.8%
External debt stocks, % of GNI14.5%N/A
External debt stocks$2TN/A
Short-term debt, % of total reserves38.5%N/A
Total debt service, % of exports and primary income8.2%N/A
Adjusted net savings including particulate emission damage, % of GNI20.1%6.1%
Gross savings, % of GDP46.3%18.6%
Gross capital formation, % of GDP44.1%21%
Total reserves including gold$3.2T$449.9B
Foreign direct investment net inflows$203.5B$258.4B

Exports, imports and economic structure

StatChinaUnited States
Exports of goods and services, % of GDP19.5%12.2%
Imports of goods and services, % of GDP18.7%15.3%
Current account balance (balance of payments)$49.1B-$491B
Revenue excluding grants, % of GDP15.8%17.2%
Grants excluding technical cooperation, BoP$191.6MN/A
Personal remittances received$24.3B$6.7B
Industry including construction value added, % of GDP40.7%18.2%
Agriculture, forestry and fishing value added, % of GDP7.2%0.9%
Charges for the use of intellectual property, payments BoP$35.8B$56.1B
Charges for the use of intellectual property, receipts BoP$5.6B$128.7B
Expense, % of GDPN/A22.4%
Government Expenditure, % of GDP32.7%38.1%

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

United States vs

CountryGDP
per capita
Population
Liechtenstein
$165k
37.9k
Luxembourg
$117k
626k
Switzerland
$83k
8.47M
Norway
$82k
5.37M
Cayman Islands
$81k
58.4k
Ireland
$79k
4.76M
Iceland
$73k
357k
Qatar
$69k
2.64M
Singapore
$65k
5.89M
Denmark
$61k
5.83M
Australia
$57k
24.5M
Sweden
$55k
10.3M
Netherlands
$53k
17.3M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
33.4k
Germany
$48k
83.1M
Belgium
$48k
11.4M
Canada
$46k
37.9M
United Arab Emirates
$43k
9.4M
United Kingdom
$43k
66M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k
Brunei
$32k
429k