Indicators of economy in ChinaThe essential economic performance of a country is reflected by the gross domestic product. So the total of all goods and services sold. Worldwide gross domestic product in 2020 was at about 10.922 US Dollar per capita. In contrast, the GDP in China reached 10.500 US dollars per inhabitant, or 14,722.73 tn US Dollar in the whole country. China is one of the world's largest economies and is currently at rank 2. If this is calculated per inhabitant taking into account the purchasing power parity, then China is in the list of the world's richest countries in place 68.
Inflation in China was in 2020 at around 2.42%. For the the EU, the average of the same was year at 0.51%.
Compared to Germany, the prices for convenience goods are approximately 32.28% lower.
The Corruption Perceptions Index for the public sector counts 42 and is compared to other countries bad.
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Unemployment rates in percent 1991 - 2020
Economic performance 2020
|GDP||14,722.73 tn USD||10,500.40 USD||15,192.65 tn USD||29,499.72 USD|
|Gross national product||14,880.75 tn USD||10,613.09 USD||16,042.23 tn USD||31,149.36 USD|
China ranked 16th in the Bloomberg Innovation Index in 2021. The index is calculated annually and most recently included 60 countries. The front-runner was South Korea. 266 of the 2000 largest listed companies in the world originate from China. This is determined annually in the "Forbes Global 2000" list. The 10 largest companies in the country were in 2020:
Rank 1: ICBC (Beijing)
Rank 2: China Construction Bank (Beijing)
Rank 5: Agricultural Bank of China (Beijing)
Rank 7: Ping An Insurance Group (Shenzhen)
Rank 10: Bank of China (Beijing)
Rank 26: China Merchants Bank (Shenzhen)
Rank 30: Postal Savings Bank Of China (PSBC) (Beijing)
Rank 31: Alibaba (Hangzhou)
Rank 32: PetroChina (Beijing)
Rank 37: China Life Insurance (Beijing)
GDP development in trillion US Dollar 1979 - 2020
Im- and Exports 2020
|Imports||2,479.25 bn USD||1,768.23 USD||8,073.39 bn USD||15,676.19 USD|
|Exports||2,643.38 bn USD||1,885.28 USD||8,622.21 bn USD||16,741.84 USD|
Development of imports and exports in billion US dollars 1982 - 2020