How big is china's economy compared to the US?

China is the world's second-largest economy, about 10% smaller than the US. Not only is China slightly smaller than the US in terms of gdp but it also lags behind the US in per capita GDP. China's GDP per capita is around $5,500, while the per capita GDP of the US is more than $60,000.

How big is china's economy compared to US GDP

In terms of gdp the US is the world's largest economy, with a whopping $20 trillion. In comparison, China is the second largest economy. Though China's economy has increased more than fourfold since the year 2000, the United States' economy has grown faster throughout this period. China is projected to have an economy whose size is between one-third and one-half of the US economy by 2050, according to the IMF.

How big is China's economy compared to the US GDP?

China has an economy worth $12.3 trillion in PPP, about half of the US, and is projected to quickly catch up to the US in the coming years. The US GDP is worth $19.8 trillion, while China's GDP per capita is about $8,190.

How much is China's economy compared to the US

The size of the Chinese economy in terms of purchasing power parity (PPP) is estimated to be $6.5 trillion. This is the equivalent of $5,166 per person in China. If you want to compare the size of China’s economy with the US economy, the PPP figure for the US is $19 trillion. In other words, China’s economy is about one-fifth of the size of the US economy.

How big is China's economy in terms of GDP compared to US?

China's economy is the second largest in the world with an estimated GDP of $9.7 trillion in 2018. The United States is in the first position with an estimated GDP of $19.5 trillion. China's GDP per capita is $9,091 while the United States' is $61,932.