Search results
Results From The WOW.Com Content Network
From 1979 until 2010, China's average annual GDP growth was 9.91%, reaching a historical high of 15.2% in 1984 and a record low of 3.8% in 1990. Based on the current price, the country's average annual GDP growth in these 32 years was 15.8%, reaching an historical high of 36.41% in 1994 and a record low of 6.25% in 1999.
China's was the only major world economy to experience GDP growth in 2020, when its GDP increased by 2.3%. [ 95] However, it posted one of its worst economic performances in decades because of COVID-19 in 2022. [ 96] In 2023, IMF predicted China to continue being one of the fastest growing major economies. [ 97]
On January 14, 2009, as confirmed by the World Bank [38] the NBS published the revised figures for 2007 financial year in which growth happened at 13 percent instead of 11.9 percent (provisional figures). China's gross domestic product stood at US$3.4 trillion while Germany's GDP was US$3.3 trillion for 2007.
Countries by Real GDP Growth Rate in 2023 (Data from IMF WEO Database, April 2024) This article includes a lists of countries and dependent territories sorted by their real gross domestic product growth rate; the rate of growth of the value of all final goods and services produced within a state in a given year.
[7] [8] Since China's transition to a socialist market economy through controlled privatisation and deregulation, [9] [10] the country has seen its ranking increase from ninth in 1978, to second in 2010; China's economic growth accelerated during this period and its share of global nominal GDP surged from 2% in 1980 to 18% in 2021.
This is an alphabetical list of countries by past and projected gross domestic product (nominal) as ranked by the IMF. Figures are based on official exchange rates, not on the purchasing power parity (PPP) methodology. Values are given in millions of United States dollars (USD) and have not been adjusted for inflation.
China. / 39.917°N 116.383°E / 39.917; 116.383. China, [ i] officially the People's Republic of China ( PRC ), [ j] is a country in East Asia. With a population exceeding 1.4 billion, it is the world's second-most populous country after India, representing 17.4% of the world population. China spans the equivalent of five time zones and ...
Historical list of the world's ten largest economies by GDP (PPP) (billions USD) (World Bank figures) Year World Top 10 1st 2nd 3rd 4th 5th 6th 7th 8th 9th 10th 2015 113,612.52: 68,997.53 China 19,524.35 United States 17,947.0 Japan 4,738.29 Germany 3,848.27 Russia 3,579.83 Brazil 3,192.40 Indonesia 2,842.24 United Kingdom 2,691.81