Gross domestic product (GDP) per capita in China 1985-2027
The graph shows per capita gross domestic product (GDP) in China until 2020, with forecasts until 2027. In 2021, per capita GDP was estimated at around 12,359 U.S. dollars in China. That year, the overall GDP of China had amounted to 17.46 trillion U.S. dollars.
In 2010, China overtook Japan and became the world’s second-largest economy. As of 2020, it was the largest exporter and the second largest importer in the world. However, one reason behind its economic strength lies within its population size. China has to distribute its wealth among 1.4 billion people. By 2021, China's per capita GDP was only about one fourth as large as that of main industrialized countries. When compared to other emerging markets, China ranked first among BRIC countries in terms of GDP per capita.
Per capita GDP in China
Gross domestic product is a commonly-used economic indicator for measuring the state of a country's economy. GDP is the total market value of goods and services produced in a country within a given period of time, usually a year. Per capita GDP is defined as the GDP divided by the total number of people in the country. This indicator is generally used to compare the economic prosperity of countries with varying population sizes.In 2010, China overtook Japan and became the world’s second-largest economy. As of 2020, it was the largest exporter and the second largest importer in the world. However, one reason behind its economic strength lies within its population size. China has to distribute its wealth among 1.4 billion people. By 2021, China's per capita GDP was only about one fourth as large as that of main industrialized countries. When compared to other emerging markets, China ranked first among BRIC countries in terms of GDP per capita.
