In 2019, military spending accounted for 3.4% of U.S. GDP. China's economy grew 6.1 percent year on year in 2019, according to a report released by the National Bureau of Statistics (NBS) on Friday. In brief. China gdp for 2015 was $11,015.54B, a 5.53% increase from 2014. This implies an increase of 51-times in China GDP and 36-times in China GDP per capita during the 40-year period from 1980 to 2020.

China was the world's second-largest military spender in 2019, accounting for 14% of total global expenditure.

China set the fiscal budget deficit at 2.76 trillion yuan ($411.5 billion) in 2019, or about 2.8% of the nation's gross domestic product, the Ministry of Finance said on Tuesday. "China’s Economy in 2019: Is a Reality Check in Store?."

The economy of China has transitioned from a centrally-planned system to a more market-oriented economy since 1978 or earlier, which as of 2019 ranked as the second largest in the world by nominal GDP and as of 2017 the largest in the world by purchasing power parity. China gdp for 2016 was $11,137.95B, a 1.11% increase from 2015. China's share of exports in gross domestic product (GDP) dropped to approximately 17.4 percent in 2019. China’s economy grew by 6.2 per cent in the second quarter of 2019, the lowest figure since records began in March 1992, but other data for June better than expected Gross domestic product (GDP) stood at 99.09 trillion yuan (14.15 trillion U.S. dollars) in 2019, while per capita GDP …

This remained the weakest growth rate since the first quarter of 1992, amid trade pressure from the US and sluggish demand from home and abroad. China's year-on-year GDP growth reached 6.1 percent in 2019, compared with 6.6 percent in 2018, the National Bureau of Statistics said on Friday. We expect China's real GDP to expand by 1% on annual average in 2020, given a severe economic contraction in the first quarter.

The U.S has been the global leader since 1871, but China may soon change that with its amazing growth. Real gross domestic product (GDP) decreased 5.0 percent in the first quarter of 2020, according to the “second” estimate released by the Bureau of Economic Analysis. The total Chinese merchandise export value amounted to …

In 2018, China's gross domestic product was around 13.41 trillion U.S. dollars. The Wharton School, University of Pennsylvania, 08 January, 2019.   That's based on purchasing power parity which takes into account the effect of exchange rates, making it the best method for comparing gross domestic product by country. The change was 0.2 percentage point lower than the “advance” estimate released in April. China's economy produced $25.3 trillion in 2018, according to the International Monetary Fund. China GDP during 1980 was $305 billion and GDP per capita was $309. China gdp for 2017 was $12,143.49B, a 9.03% increase from 2016.

In comparison, China's GDP per capita reached about 9.6 thousand dollars in the same year. China vs US – GDP and GDP per capita growth summary. Learn which countries rank as being one of the top 20 economies in the world.
China has the world's fastest-growing major economy, with growth rates averaging 6% over 30 years. China 2019 GDP Growth Weakest in 29 Years The Chinese economy advanced 6.0 percent year-on-year in the December quarter of 2019, the same as in the previous quarter and matching market expectations.


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