economy
China vs India Economy 2024: GDP, Growth & Comparison
China's economy is approximately 1.3x larger by GDP ($17.9 trillion vs $13.7 trillion in 2024), with higher per-capita income and manufacturing dominance, while India's economy grows faster at 6.2% annually and is projected to surpass China by 2075 due to demographic advantages and lower debt levels.
CE
China Economy
World's second-largest economy ($17.9T GDP) dominated by manufacturing, export-driven growth, and state-directed investment.
Investors seeking stable, manufacturing-driven returns; companies needing production scale; economies benchmarking industrialization models
Score63%
VS
India Economy
World's third-largest economy ($13.7T GDP) with fastest major-economy growth (6.2%), rising tech sector, and 1.46 billion population.
Long-term growth investors; companies targeting emerging consumer markets; economies seeking demographic dividend; tech outsourcing
Score63%
Quick Answer
AI SummaryChina's economy is approximately 1.3x larger by GDP ($17.9 trillion vs $13.7 trillion in 2024), with higher per-capita income and manufacturing dominance, while India's economy grows faster at 6.2% annually and is projected to surpass China by 2075 due to demographic advantages and lower debt levels.
Our Verdict
AI-assistedChina remains the stronger economy in absolute terms with 31% higher GDP, superior manufacturing infrastructure, and lower inflation, making it the current global economic powerhouse. India offers superior long-term growth potential with faster annual expansion, younger demographics, and lower debt burden, positioning it as the next economic superpower by mid-century. Choose China if measuring current economic influence; choose India if investing for 30+ year horizon growth.
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C
China Economy
8.4/10
India Economy
6.6/10
C
Choose China Economy if
Best pickInvestors seeking stable, manufacturing-driven returns; companies needing production scale; economies benchmarking industrialization models
Choose India Economy if
Long-term growth investors; companies targeting emerging consumer markets; economies seeking demographic dividend; tech outsourcing
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Key Differences at a Glance
- GDP (nominal, 2024):✓ China Economy wins($17.9 trillion vs $13.7 trillion)
- GDP per capita (2024):✓ China Economy wins($12,720 vs $2,389)
- Real GDP growth rate (2024):✓ India Economy wins(6.2% vs 5.0%)
Key Facts & Figures
235 numeric metrics compared
| Metric | China Economy | India Economy | Ratio |
|---|---|---|---|
| Real GDP Growth Rate (2025)(% annual) | 4.2% | 6.8% | |
| Per Capita Income(USD) | $12,800 | $2,389 | |
| IT Services & Software Exports(USD Billion) | $220 billion | $245 billion | |
| Foreign Direct Investment (2024)(USD billion) | $189 billion | $85.2 billion | |
| GDP Growth Rate(%) | 5.0% | 6.2% | |
| Per Capita GDP(USD) | $13,500 | $1,030 | |
| Global EV Market Share(%) | 70% | — | — |
| Global Solar Panel Production(%) | ~80% | — | — |
| Tariff Impact on GDP (2026 risk)(percentage points reduction) | -0.5 to -2% | — | — |
| Projected GDP Growth Rate 2026(percent) | 4.5-5.0% | — | — |
| Government Defense Expenditure(USD Billions) | $296.5 billion | — | — |
| Global EV Production Share(%) | 70% | — | — |
| Government Health Expenditure(USD Million) | $620.1 billion | — | — |
| Tariff Impact Risk on GDP(Percentage Points) | 0.5-2.0% | — | — |
| GDP Per Capita 2024(USD) | $12,700 | $2,813 | |
| Government Defense Expenditure 2024(billion USD) | $296.5 billion | — | — |
| Government Health Expenditure 2024(billion USD) | $620 billion | — | — |
| Education Expenditure Per Capita 2023(USD) | $525 | — | — |
| Total GDP 2026(USD Trillions) | $17.9 | — | — |
| EV Production Share(% of global) | 70% | — | — |
| Solar Panel Manufacturing(% of global) | 82% | — | — |
| Tariff Impact Risk 2026(% GDP reduction) | -0.5 to -2.0% | — | — |
| GDP Growth Rate (2026)(%) | 4.6-4.8% | — | — |
| Defence Expenditure (2024)(billion USD) | €296.5 billion | — | — |
| Education Expenditure Per Capita(USD) | €467 | — | — |
| Global Manufacturing Output(%) | 35% | — | — |
| Solar Panel Production(% of global) | 80%+ | — | — |
| Unemployment Rate Projection(%) | ~5.2% | — | — |
| Per Capita GDP 2026(USD) | $13,500 | — | — |
| Total Government Expenditure 2024(USD Billion) | $5,708.7 | — | — |
| Defense Expenditure 2024(USD Billion) | $296.5 | — | — |
| Annual Infrastructure Investment(USD billion) | $680 billion | — | — |
| GDP Growth Rate (2026 Target)(%) | 4.5-5.0% | — | — |
| LFP Battery Production Share(%) | 94% | — | — |
| Tariff Impact Risk to GDP(percentage points) | 0.5-2.0% | — | — |
| AI Adoption Growth Contribution(percentage points) | 0.2-0.3% | — | — |
| Projected GDP Growth Rate (2026)(%) | 4.6-4.8% | — | — |
| Global Solar Panel Manufacturing(%) | 80%+ | — | — |
| Lithium Iron Phosphate Battery Production(%) | 94% | — | — |
| Global Manufacturing Output Share(%) | 28.3% | — | — |
| Potential GDP Loss from Tariffs(USD Billions) | $400-800B | — | — |
| Total Nominal GDP(USD trillions) | $17.9 trillion | — | — |
| Projected GDP Growth (2026)(%) | 4.7% | — | — |
| Global EV Production Market Share(%) | 70% | — | — |
| Global Solar Panel Manufacturing Share(%) | 80% | — | — |
| Potential Tariff Impact on GDP(USD billion) | $400-800B reduction | — | — |
| Global Solar Panel Production Share(%) | 82% | — | — |
| Lithium Iron Phosphate Battery Production Share(%) | 94% | — | — |
| Potential Tariff Impact on GDP Growth(percentage points) | 0.5-2.0pp | — | — |
| Total GDP(USD trillion) | $17.9 trillion | — | — |
| EV Production (Global Share)(%) | 70% | — | — |
| Solar Panel Production (Global Share)(%) | 80% | — | — |
| Potential Tariff Impact (2026-2027)(billion USD annual reduction) | $400-800B | — | — |
| Gross Domestic Product (GDP)(USD Trillion) | $18.7 trillion | — | — |
| Foreign Direct Investment Inflows (Annual)(USD Billion) | $163.5 billion | — | — |
| Median Age(years) | 39 years | 28 years | |
| Manufacturing Sector Share of Economy(%) | 28% (diversified) | — | — |
| GDP Per Capita(USD) | $12,700 | — | — |
| Nominal GDP 2026(USD trillions) | $17.9 trillion | $4.15 trillion | |
| PPP-Adjusted GDP 2026(USD trillion) | $45.78 trillion | — | — |
| Projected Annual GDP Growth Rate(percent) | 6.0% | — | — |
| Global Economic Ranking 2026(rank) | 2nd | — | — |
| Annual R&D Investment(billions USD) | $680 billion | — | — |
| Share of Global GDP(% of world economy) | 14.3% | — | — |
| Unemployment Rate Forecast 2026(percent) | ~5.5% | — | — |
| Average EV Cost (Entry Model)(USD (converted)) | $16,800 (119,800 yuan) | — | — |
| Real GDP Growth Rate(%) | 5.0% | — | — |
| GDP Per Capita (Nominal)(USD) | $14,874 | — | — |
| GDP Gap vs Competitor(USD Trillions) | $11.1 trillion behind | — | — |
| Q1 2026 GDP Growth Rate(Percent Year-over-Year) | 5.0% | — | — |
| Q1 2026 Industrial Output Growth(Percent Year-over-Year) | 6.1% | — | — |
| Global Economic Ranking(Rank) | 2nd | — | — |
| GDP as Percentage of Global Economy(Percent) | ~16-17% of global GDP | — | — |
| Q1 2026 Inflation Rate(Percent) | 0.9% CPI | — | — |
| Unemployment Rate(%) | 5.1% | — | — |
| GDP Growth Rate 2026(%) | 3-4% | — | — |
| GDP per Capita (estimated 2026)(USD) | $14,800+ | — | — |
| Manufacturing Output(% of global share) | 28% | — | — |
| Foreign Direct Investment Inflows(USD billion) | $189 billion | — | — |
| Population Over 65 Years(Percent) | 14% | — | — |
| Total Population(Millions) | 1,420 million | — | — |
| Nominal GDP (2024)(USD Trillions) | $17.9T | — | — |
| Real GDP Growth Rate (2024)(Percent Annual) | 5.2% | — | — |
| GDP Per Capita (2024)(USD) | $12,500 | — | — |
| Foreign Exchange Reserves(USD Trillions) | $3.4T | — | — |
| Unemployment Rate (2024)(Percent) | 5.3% | — | — |
| Global Manufacturing Share(Percent of Global) | 31% | — | — |
| Tech Sector Market Capitalization(USD Trillions) | $4.8T (Alibaba, Tencent, Meituan weighted total) | — | — |
| Median Population Age(Years) | 37.4 years (projected 53 by 2050) | — | — |
| Total Exports(USD trillions) | $3.6 trillion | — | — |
| Manufacturing Output Share(% of Global) | 28% | — | — |
| Total Debt to GDP Ratio(% of GDP) | 282% | — | — |
| Annual Exports(trillion USD) | $3.6 trillion | — | — |
| R&D Spending(% of GDP) | $652 billion | — | — |
| Debt-to-GDP Ratio(%) | 282% | — | — |
| Trade Balance(USD billion) | +$631 billion (surplus) | — | — |
| Nominal GDP(USD Trillion) | $17.9 trillion | $3.9 trillion | |
| Fortune 500 Companies(count) | 142 companies | — | — |
| Total Annual Exports(USD trillion) | $3.8 trillion | — | — |
| National Debt(USD trillions) | $10.8 trillion | — | — |
| Annual GDP Growth Rate(percent) | 4.8% | 6.2% | |
| Manufacturing Sector Share(% of GDP) | 28.4% | — | — |
| Service Sector Share(% of GDP) | 54.8% | — | — |
| Foreign Direct Investment (Annual)(billion USD) | $163 billion | — | — |
| Projected GDP in 2030(USD trillion) | $22.8 trillion | — | — |
| Manufacturing Output (Global Share)(Percent) | 28% | — | — |
| Stock Market Capitalization(trillion USD) | $11.8 trillion | — | — |
| Unemployment Rate (2024)(%) | 5.1% | — | — |
| Trade Balance (Annual)(USD Billion) | +$632 billion (surplus) | — | — |
| Debt-to-GDP Ratio(percent) | 282% | 84% | |
| Renewable Energy Capacity(Gigawatts) | 1,480 GW | — | — |
| Average Annual Wage(USD) | $11,500 | — | — |
| GDP at Purchasing Power Parity(USD trillion) | $28.3 trillion | — | — |
| Global Export Share(% of global exports) | 14.8% | — | — |
| Annual Patent Filings(Count) | 1,542,000 | — | — |
| Foreign Direct Investment Inflows(USD billions) | $189B | $85.1 billion | |
| GDP by Purchasing Power Parity(trillion USD) | $35.5 trillion | — | — |
| Annual Trade Balance(USD billions) | +$632 billion (surplus) | — | — |
| Patent Filings in Technology(Annual count) | 687,231 | — | — |
| Foreign Direct Investment Annual Inflow(USD Billions) | $189 billion | — | — |
| Annual Real GDP Growth Rate(%) | 5.1% | — | — |
| Stock Market Capitalization (2024)(USD trillions) | $15.2 trillion | — | — |
| Total Trade Volume (2024)(USD Trillions) | $6.8 trillion | — | — |
| Tech Sector Market Capitalization (Top 7 Companies)(USD Trillion) | $2.8 trillion | — | — |
| Average Annual GDP Growth Rate (2010-2023)(%) | 6.8% | — | — |
| Purchasing Power Parity GDP(trillion USD) | $31.6 trillion | — | — |
| Global Economic Share(%) | 16% of world GDP | — | — |
| Foreign Direct Investment Inflow (2023)(USD Billion) | $163 billion | — | — |
| Annual R&D Spending(USD Billion) | $696 billion | — | — |
| GDP per Capita(USD) | $12,720 | $2,389 | |
| Real GDP growth rate(percent per year) | 5.0% | 6.2% | |
| Public Debt as Percentage of GDP(%) | 77% | — | — |
| Foreign Direct Investment(billion USD) | $163 billion | $85 billion | |
| Public Debt to GDP Ratio(percent) | 77% | 84% | |
| Technology Sector Market Cap(USD trillions) | $4.2 trillion | — | — |
| Working Age Population(million people) | 920 million | — | — |
| Nominal GDP (2026)(USD trillion) | $17.9 trillion | $13.6 trillion | |
| Foreign Direct Investment (2025)(USD Billion) | $189 billion | $85 billion | |
| Tech Sector Market Cap(USD trillions) | $3.8 trillion | — | — |
| Global Manufacturing Share (2024)(percent) | 28% | — | — |
| Patent Filings Annually (2023)(thousand filings) | 1,820,000 | — | — |
| Inflation Rate (2024)(Percent) | 0.2% | — | — |
| Foreign Currency Reserves(USD Trillion) | $3.2 trillion | — | — |
| Total GDP (nominal)(USD trillion) | $28.7 trillion | — | — |
| GDP Per Capita (PPP)(USD) | $12,720 | — | — |
| Patent Filings (2024)(thousands filed) | 1,200,000 | — | — |
| Average Annual Wage (Tech Sector)(USD) | $38,000 | — | — |
| Manufacturing Output(USD trillion) | $4.2 trillion | — | — |
| Global Trade Volume Share(%) | 12.4% | — | — |
| Federal Debt-to-GDP Ratio(%) | 77% | — | — |
| Nominal Gross Domestic Product(USD trillions) | $17.9 trillion | — | — |
| PPP-Adjusted GDP(trillion USD) | $36.1 trillion | — | — |
| Technology & IT Sector as % of GDP(%) | 8.7% | — | — |
| Patent Applications Filed (2023)(Count (thousands)) | 1,750,000 | — | — |
| Median Population Age(Years) | 38.8 years | — | — |
| Manufacturing Exports(USD Trillions) | $3.6T | — | — |
| Semiconductor Market Share(Percentage) | 8-10% | — | — |
| Automotive Production(Million vehicles annually) | 30 million | — | — |
| Share of Global Manufacturing Output(Percent) | 28% | — | — |
| Total Trade Volume(USD Trillions) | $8.1 trillion | — | — |
| Median Age of Population(years) | 38.4 years | — | — |
| Trade Balance(USD billions) | +$821 billion surplus | — | — |
| Government Debt-to-GDP(Percent) | 77% | — | — |
| Global GDP Share(%) | 17% | — | — |
| Tech Sector Market Capitalization(USD trillion) | $4.2 trillion | — | — |
| Projected GDP 2030(USD trillion) | $24 trillion | — | — |
| Gross Domestic Product(USD trillions) | $17.9 trillion | $12.0 trillion | |
| Merchandise exports(billion USD) | $1,540 billion | $430 billion | |
| Digital Payment Transaction Value(USD trillion) | $12.3 trillion | $2.5 trillion | |
| Foreign Exchange Reserves(USD Billion) | $3,200 billion | — | — |
| Unemployment Rate(%) | 5.3% | 3.2% | |
| Nominal GDP (2024)(USD trillions) | $17.9 trillion | — | — |
| GDP Per Capita (2024)(USD) | $12,720 | — | — |
| Real GDP Growth Rate (2024)(percent) | 5.0% | — | — |
| Global Trade Exports(USD Trillions) | $3.6 trillion | — | — |
| National Debt to GDP Ratio(%) | 77% | — | — |
| GDP Per Capita 2026(USD) | $12,700 | — | — |
| Average Annual GDP Growth (2020-2026)(Percent) | 5.2% | — | — |
| Global GDP Market Share(percent) | 20.6% | — | — |
| Annual Merchandise Exports(Trillion USD) | $3.6 trillion | — | — |
| Unemployment Rate 2026(Percent) | 5.1% | — | — |
| R&D Spending (% of GDP)(percent) | 2.1% | — | — |
| GDP (PPP Adjusted)(USD trillions) | $28.7T | — | — |
| Real GDP Growth Rate 2026(Percent) | 4.2% | — | — |
| Foreign Direct Investment Inflows 2025(USD billions) | $163B | — | — |
| Semiconductor Export Value (2023)(USD billions) | $90 billion | — | — |
| R&D Spending as % of GDP (2023)(%) | 2.1% | — | — |
| Population (2024)(millions) | 1,420 million | — | — |
| Annual GDP Growth Rate (2020-2026 Average)(percent) | 5.1% | — | — |
| Global Trade Share(% of world trade) | 14.2% | — | — |
| Population(billions) | 1,425 million | 1,456 million | |
| Tech Patent Filings (Annual)(Count) | 142,000 | — | — |
| EV Production Market Share(% of Global) | 60% | — | — |
| Nominal GDP (2025)(USD trillion) | $17.9 trillion | — | — |
| Research & Development Spending(percent of GDP) | 2.4% | — | — |
| Average Annual GDP Growth Rate(% per year) | 5.2% | — | — |
| Household Savings Rate(percent of disposable income) | 28% | — | — |
| Share of Global Manufacturing(%) | 28% | — | — |
| Renewable Energy Share(%) | 18% | — | — |
| Manufacturing as % of GDP(Percent (%)) | 29.4% | 15% | |
| Patent Filings(millions (2023)) | 1.59 million | — | — |
| Share of Global Trade(%) | 15.8% | — | — |
| R&D Investment(billion USD annually) | $369 billion | — | — |
| Per Capita GDP (2024)(USD) | $12,720 | — | — |
| Total Exports (2024)(USD trillions) | $3.6 trillion | — | — |
| Foreign Direct Investment Inflow (2024)(USD billions) | $189 billion | — | — |
| Government Debt-to-GDP Ratio(Percent) | 77% | — | — |
| Global Manufacturing Share(%) | 28% | 2.5% | |
| Inflation Rate(%) | 0.2% | 4.8% | |
| Services Sector Contribution(% of GDP) | 47% | 54% | |
| Manufacturing Sector Contribution(% of GDP) | 27% | 18% | |
| Total Merchandise Exports(USD billion) | $1,230 billion | $430 billion | |
| Foreign direct investment inflow(billion USD) | $163 billion | $85 billion | |
| PPP GDP (Purchasing Power Parity)(USD Trillions) | $35.4T | — | — |
| Manufacturing Output as % of GDP(%) | 29.2% | — | — |
| Foreign Direct Investment Inflows (2024)(USD Billions) | $163B | — | — |
| R&D Spending as % of GDP(%) | 2.89% | — | — |
| Total GDP(USD trillions) | $17.9 trillion | — | — |
| Annual Exports Volume(USD trillions) | $3.6 trillion | — | — |
| Tech Sector Valuation(USD Trillions) | $4.2 trillion | — | — |
| Sovereign Debt to GDP(%) | 77% | — | — |
| Nominal GDP 2025(USD trillions) | $17.9 trillion | — | — |
| GDP Purchasing Power Parity 2025(USD trillions) | $36.7 trillion | — | — |
| Annual GDP Growth Rate 2024(percent) | 5.0% | — | — |
| Annual Exports 2024(USD trillions) | $1.6 trillion | — | — |
| Foreign Direct Investment Inflows 2024(USD billions) | $139 billion | — | — |
| Population 2025(billions) | 1.4 billion | — | — |
| Gross Domestic Product (nominal)(trillion USD) | $17.9 trillion | $13.7 trillion | |
| Consumer price inflation(percent per year) | 0.8% | 4.9% | |
| Global Economic Rank 2026(rank) | 6th | 6th | |
| Projected Global Rank 2031(rank) | 3rd | 3rd | |
| Expected Consumption Growth 2026(%) | 7.7% | 7.7% | |
| Share of Global GDP 2026(percent) | 3.4% | 3.4% | |
| Goldman Sachs Growth Forecast 2026(%) | 6.9% | 6.9% | |
| Tech Sector as % of GDP(%) | 5.1% | 5.1% |
Sourced from publicly available data ·
Key Differences
7 attributes compared head-to-head
CE
5China EconomyChina Economy leads
China Economy
Attribute
India Economy
- $17.9 trillion(winner)GDP (nominal, 2024)$13.7 trillion
- $12,720(winner)GDP per capita (2024)$2,389
- 5.0%Real GDP growth rate (2024)6.2%(winner)
- $1.54 trillion(winner)Manufacturing exports (2023)$430 billion
- $163 billion(winner)Foreign direct investment (2024)$85 billion
- 1,425 millionPopulation (millions)1,456 million(winner)
- 0.8%(winner)Inflation rate (2024)4.9%
- GDP (nominal, 2024)
China Economy
$17.9 trillion(winner)
India Economy
$13.7 trillion
- GDP per capita (2024)
China Economy
$12,720(winner)
India Economy
$2,389
- Real GDP growth rate (2024)
China Economy
5.0%
India Economy
6.2%(winner)
- Manufacturing exports (2023)
China Economy
$1.54 trillion(winner)
India Economy
$430 billion
- Foreign direct investment (2024)
China Economy
$163 billion(winner)
India Economy
$85 billion
- Population (millions)
China Economy
1,425 million
India Economy
1,456 million(winner)
- Inflation rate (2024)
China Economy
0.8%(winner)
India Economy
4.9%
Full Comparison
| Attribute | China Economy | India Economy |
|---|---|---|
| Real GDP Growth Rate (2025)(% annual) | 4.2% | 6.8%(winner) |
| Per Capita Income(USD) | $12,800(winner) | $2,389 |
| GDP Per Capita (Nominal)(USD) | $14,874 | — |
| GDP per Capita (estimated 2026)(USD) | $14,800+ | — |
| GDP Per Capita (2024)(USD) | $12,500 | — |
| GDP per Capita(USD) | $12,720(winner) | $2,389 |
Show 2 more attributesGDP Per Capita (PPP)(USD) $12,720 — Per Capita GDP (2024)(USD) $12,720 — | ||
| IT Services & Software Exports(USD Billion) | $220 billion | $245 billion(winner) |
| Semiconductor Market Share(Percentage) | 8-10% | — |
| Foreign Direct Investment (2024)(USD billion) | $189 billion(winner) | $85.2 billion |
| Foreign Direct Investment (Annual)(billion USD) | $163 billion | — |
| Foreign Direct Investment(billion USD) | $163 billion(winner) | $85 billion |
| Foreign Direct Investment (2025)(USD Billion) | $189 billion(winner) | $85 billion |
| GDP Growth Rate(%) | 5.0% | 6.2%(winner) |
| Projected GDP Growth Rate 2026(percent) | 4.5-5.0% | — |
| Projected GDP Growth Rate (2026)(%) | 4.6-4.8% | — |
| Real GDP Growth Rate(%) | 5.0% | — |
| Real GDP Growth Rate (2024)(percent) | 5.0% | — |
| Per Capita GDP(USD) | $13,500(winner) | $1,030 |
| GDP Per Capita 2024(USD) | $12,700(winner) | $2,813 |
| Global EV Market Share(%) | 70% | — |
| Global Solar Panel Production(%) | ~80% | — |
| Solar Panel Production(% of global) | 80%+ | — |
| Global Solar Panel Manufacturing(%) | 80%+ | — |
| AI Chip Technology Leadership(competitive ranking) | Limited by US export controls, advancing in AI adoption | — |
| AI Adoption Growth Contribution(percentage points) | 0.2-0.3% | — |
| Tech Sector Market Cap(USD trillions) | $3.8 trillion | — |
| Tariff Impact on GDP (2026 risk)(percentage points reduction) | -0.5 to -2% | — |
| Government Defense Expenditure(USD Billions) | $296.5 billion | — |
| Government Defense Expenditure 2024(billion USD) | $296.5 billion | — |
| Defence Expenditure (2024)(billion USD) | €296.5 billion | — |
| Total Government Expenditure 2024(USD Billion) | $5,708.7 | — |
| Global EV Production Share(%) | 70% | — |
| Government Health Expenditure(USD Million) | $620.1 billion | — |
| Tariff Impact Risk on GDP(Percentage Points) | 0.5-2.0% | — |
| Potential GDP Loss from Tariffs(USD Billions) | $400-800B | — |
| Potential Tariff Impact on GDP(USD billion) | $400-800B reduction | — |
| Semiconductor Technology Tier(nanometers) | Restricted to 7nm+ (export controls) | — |
| EV Production Share(% of global) | 70% | — |
| Government Health Expenditure 2024(billion USD) | $620 billion | — |
| Education Expenditure Per Capita 2023(USD) | $525 | — |
| Education Expenditure Per Capita(USD) | €467 | — |
| Total GDP 2026(USD Trillions) | $17.9 | — |
| Total Nominal GDP(USD trillions) | $17.9 trillion | — |
| PPP-Adjusted GDP 2026(USD trillion) | $45.78 trillion | — |
| Nominal GDP(USD Trillion) | $17.9 trillion(winner) | $3.9 trillion |
| Purchasing Power Parity GDP(trillion USD) | $31.6 trillion | — |
Show 4 more attributesGross Domestic Product(USD trillions) $17.9 trillion $12.0 trillion Nominal GDP (2024)(USD trillions) $17.9 trillion — Total GDP(USD trillions) $17.9 trillion — Gross Domestic Product (nominal)(trillion USD) $17.9 trillion $13.7 trillion | ||
| Solar Panel Manufacturing(% of global) | 82% | — |
| Tariff Impact Risk 2026(% GDP reduction) | -0.5 to -2.0% | — |
| Semiconductor Technology Leadership(index (0-100)) | Limited by US export controls | — |
| GDP Growth Rate (2026)(%) | 4.6-4.8% | — |
| GDP Growth Rate (2026 Target)(%) | 4.5-5.0% | — |
| Real GDP Growth Rate 2026(Percent) | 4.2% | — |
| Annual GDP Growth Rate (2020-2026 Average)(percent) | 5.1% | — |
| Annual GDP Growth Rate 2024(percent) | 5.0% | — |
| Global Manufacturing Output(%) | 35% | — |
| Unemployment Rate Projection(%) | ~5.2% | — |
| Unemployment Rate Forecast 2026(percent) | ~5.5% | — |
| Unemployment Rate(%) | 5.1% | — |
| Unemployment Rate (2024)(Percent) | 5.3% | — |
| Unemployment Rate (2024)(%) | 5.1% | — |
Show 2 more attributesUnemployment Rate(%) 5.3% 3.2% Unemployment Rate 2026(Percent) 5.1% — | ||
| Per Capita GDP 2026(USD) | $13,500 | — |
| Defense Expenditure 2024(USD Billion) | $296.5 | — |
| Annual Infrastructure Investment(USD billion) | $680 billion | — |
| LFP Battery Production Share(%) | 94% | — |
| Tariff Impact Risk to GDP(percentage points) | 0.5-2.0% | — |
| Lithium Iron Phosphate Battery Production(%) | 94% | — |
| Global Manufacturing Output Share(%) | 28.3% | — |
| Manufacturing Output(% of global share) | 28% | — |
| Global Manufacturing Share(Percent of Global) | 31% | — |
| Share of Global Manufacturing Output(Percent) | 28% | — |
| Share of Global Manufacturing(%) | 28% | — |
| Projected GDP Growth (2026)(%) | 4.7% | — |
| Projected Annual GDP Growth Rate(percent) | 6.0% | — |
| Global EV Production Market Share(%) | 70% | — |
| Global Solar Panel Manufacturing Share(%) | 80% | — |
| Global Solar Panel Production Share(%) | 82% | — |
| Advanced Semiconductor Leadership(Market Share %) | Limited by US export controls | — |
| Lithium Iron Phosphate Battery Production Share(%) | 94% | — |
| Potential Tariff Impact on GDP Growth(percentage points) | 0.5-2.0pp | — |
| Total GDP(USD trillion) | $17.9 trillion | — |
| Nominal GDP (2024)(USD Trillions) | $17.9T | — |
| GDP by Purchasing Power Parity(trillion USD) | $35.5 trillion | — |
| Nominal GDP (2026)(USD trillion) | $17.9 trillion(winner) | $13.6 trillion |
| Total GDP (nominal)(USD trillion) | $28.7 trillion | — |
Show 5 more attributesGDP (PPP Adjusted)(USD trillions) $28.7T — Nominal GDP (2025)(USD trillion) $17.9 trillion — PPP GDP (Purchasing Power Parity)(USD Trillions) $35.4T — Nominal GDP 2025(USD trillions) $17.9 trillion — GDP Purchasing Power Parity 2025(USD trillions) $36.7 trillion — | ||
| EV Production (Global Share)(%) | 70% | — |
| Solar Panel Production (Global Share)(%) | 80% | — |
| Potential Tariff Impact (2026-2027)(billion USD annual reduction) | $400-800B | — |
| Gross Domestic Product (GDP)(USD Trillion) | $18.7 trillion | — |
| Foreign Direct Investment Inflows (Annual)(USD Billion) | $163.5 billion | — |
| Median Age(years) | 39 years | 28 years(winner) |
| Population Over 65 Years(Percent) | 14% | — |
| Total Population(Millions) | 1,420 million | — |
| Median Population Age(Years) | 37.4 years (projected 53 by 2050) | — |
| Median Population Age(Years) | 38.8 years | — |
Show 3 more attributesMedian Age of Population(years) 38.4 years — Population (2024)(millions) 1,420 million — Population(billions) 1,425 million 1,456 million | ||
| Manufacturing Sector Share of Economy(%) | 28% (diversified) | — |
| Manufacturing Sector Share(% of GDP) | 28.4% | — |
| Service Sector Share(% of GDP) | 54.8% | — |
| Manufacturing as % of GDP(Percent (%)) | 29.4% | 15% |
| Services Sector Contribution(% of GDP) | 47% | 54% |
Show 2 more attributesManufacturing Sector Contribution(% of GDP) 27% 18% Manufacturing Output as % of GDP(%) 29.2% — | ||
| GDP Per Capita(USD) | $12,700 | — |
| Nominal GDP 2026(USD trillions) | $17.9 trillion | $4.15 trillion(winner) |
| Global Economic Ranking 2026(rank) | 2nd | — |
| Global Economic Ranking(Rank) | 2nd | — |
| Annual R&D Investment(billions USD) | $680 billion | — |
| Foreign Direct Investment Annual Inflow(USD Billions) | $189 billion | — |
| Foreign Direct Investment Inflows 2025(USD billions) | $163B | — |
| Foreign Direct Investment Inflow (2024)(USD billions) | $189 billion | — |
| Foreign direct investment inflow(billion USD) | $163 billion(winner) | $85 billion |
Show 1 more attributeForeign Direct Investment Inflows 2024(USD billions) $139 billion — | ||
| Share of Global GDP(% of world economy) | 14.3% | — |
| Global Economic Share(%) | 16% of world GDP | — |
| Global GDP Market Share(percent) | 20.6% | — |
| Primary Tech Focus Area | EV manufacturing, 5G, solar, semiconductors | — |
| Average EV Cost (Entry Model)(USD (converted)) | $16,800 (119,800 yuan) | — |
| GDP Gap vs Competitor(USD Trillions) | $11.1 trillion behind | — |
| Q1 2026 GDP Growth Rate(Percent Year-over-Year) | 5.0% | — |
| Real GDP growth rate(percent per year) | 5.0% | 6.2%(winner) |
| Q1 2026 Industrial Output Growth(Percent Year-over-Year) | 6.1% | — |
| GDP as Percentage of Global Economy(Percent) | ~16-17% of global GDP | — |
| Q1 2026 Inflation Rate(Percent) | 0.9% CPI | — |
| Inflation Rate (2024)(Percent) | 0.2% | — |
| Inflation Rate(%) | 0.2%(winner) | 4.8% |
| GDP Growth Rate 2026(%) | 3-4% | — |
| Quarterly GDP Growth (Q1 2026)(% (q/q, SAAR)) | Data not available | — |
| GDP Advantage Over Rival(USD Trillion) | 36% smaller than US | — |
| Foreign Direct Investment Inflows(USD billion) | $189 billion | — |
| Real GDP Growth Rate (2024)(Percent Annual) | 5.2% | — |
| Foreign Exchange Reserves(USD Trillions) | $3.4T | — |
| Tech Sector Market Capitalization(USD Trillions) | $4.8T (Alibaba, Tencent, Meituan weighted total) | — |
| Total Exports(USD trillions) | $3.6 trillion | — |
| Total Annual Exports(USD trillion) | $3.8 trillion | — |
| Trade Balance (Annual)(USD Billion) | +$632 billion (surplus) | — |
| Global Export Share(% of global exports) | 14.8% | — |
| Total Trade Volume (2024)(USD Trillions) | $6.8 trillion | — |
Show 8 more attributesManufacturing Exports(USD Trillions) $3.6T — Merchandise exports(billion USD) $1,540 billion $430 billion Global Trade Exports(USD Trillions) $3.6 trillion — Annual Merchandise Exports(Trillion USD) $3.6 trillion — Share of Global Trade(%) 15.8% — Total Exports (2024)(USD trillions) $3.6 trillion — Annual Exports Volume(USD trillions) $3.6 trillion — Annual Exports 2024(USD trillions) $1.6 trillion — | ||
| Manufacturing Output Share(% of Global) | 28% | — |
| Manufacturing Output (Global Share)(Percent) | 28% | — |
| Global Manufacturing Share (2024)(percent) | 28% | — |
| Total Debt to GDP Ratio(% of GDP) | 282% | — |
| Debt-to-GDP Ratio(%) | 282% | — |
| National Debt(USD trillions) | $10.8 trillion | — |
| Debt-to-GDP Ratio(percent) | 282% | 84%(winner) |
| Public Debt as Percentage of GDP(%) | 77% | — |
Show 6 more attributesPublic Debt to GDP Ratio(percent) 77% 84% Federal Debt-to-GDP Ratio(%) 77% — Government Debt-to-GDP(Percent) 77% — National Debt to GDP Ratio(%) 77% — Government Debt-to-GDP Ratio(Percent) 77% — Sovereign Debt to GDP(%) 77% — | ||
| Annual Exports(trillion USD) | $3.6 trillion | — |
| Annual Trade Balance(USD billions) | +$632 billion (surplus) | — |
| Global Trade Share(% of world trade) | 14.2% | — |
| R&D Spending(% of GDP) | $652 billion | — |
| Annual R&D Spending(USD Billion) | $696 billion | — |
| Trade Balance(USD billion) | +$631 billion (surplus) | — |
| Total Merchandise Exports(USD billion) | $1,230 billion(winner) | $430 billion |
| Fortune 500 Companies(count) | 142 companies | — |
| Annual GDP Growth Rate(percent) | 4.8% | 6.2%(winner) |
| Average Annual GDP Growth Rate (2010-2023)(%) | 6.8% | — |
| Average Annual GDP Growth (2020-2026)(Percent) | 5.2% | — |
| Projected GDP in 2030(USD trillion) | $22.8 trillion | — |
| Projected GDP 2030(USD trillion) | $24 trillion | — |
| Stock Market Capitalization(trillion USD) | $11.8 trillion | — |
| Renewable Energy Capacity(Gigawatts) | 1,480 GW | — |
| Average Annual Wage(USD) | $11,500 | — |
| GDP at Purchasing Power Parity(USD trillion) | $28.3 trillion | — |
| Annual Patent Filings(Count) | 1,542,000 | — |
| Foreign Direct Investment Inflows(USD billions) | $189B(winner) | $85.1 billion |
| Patent Filings in Technology(Annual count) | 687,231 | — |
| Patent Filings Annually (2023)(thousand filings) | 1,820,000 | — |
| Patent Filings (2024)(thousands filed) | 1,200,000 | — |
| Technology & IT Sector as % of GDP(%) | 8.7% | — |
| Patent Applications Filed (2023)(Count (thousands)) | 1,750,000 | — |
Show 7 more attributesR&D Spending (% of GDP)(percent) 2.1% — R&D Spending as % of GDP (2023)(%) 2.1% — Tech Patent Filings (Annual)(Count) 142,000 — Research & Development Spending(percent of GDP) 2.4% — Patent Filings(millions (2023)) 1.59 million — R&D Investment(billion USD annually) $369 billion — R&D Spending as % of GDP(%) 2.89% — | ||
| Annual Real GDP Growth Rate(%) | 5.1% | — |
| Average Annual GDP Growth Rate(% per year) | 5.2% | — |
| Stock Market Capitalization (2024)(USD trillions) | $15.2 trillion | — |
| Tech Sector Market Capitalization (Top 7 Companies)(USD Trillion) | $2.8 trillion | — |
| Tech Sector Market Capitalization(USD trillion) | $4.2 trillion | — |
| Foreign Direct Investment Inflow (2023)(USD Billion) | $163 billion | — |
| Technology Sector Market Cap(USD trillions) | $4.2 trillion | — |
| Working Age Population(million people) | 920 million | — |
| Foreign Currency Reserves(USD Trillion) | $3.2 trillion | — |
| Average Annual Wage (Tech Sector)(USD) | $38,000 | — |
| Manufacturing Output(USD trillion) | $4.2 trillion | — |
| Global Trade Volume Share(%) | 12.4% | — |
| Global Trade Ranking(Position) | 2nd largest exporter (after USA) | — |
| Trade Balance(USD billions) | +$821 billion surplus | — |
| Nominal Gross Domestic Product(USD trillions) | $17.9 trillion | — |
| PPP-Adjusted GDP(trillion USD) | $36.1 trillion | — |
| Automotive Production(Million vehicles annually) | 30 million | — |
| Total Trade Volume(USD Trillions) | $8.1 trillion | — |
| Global GDP Share(%) | 17% | — |
| Digital Payment Transaction Value(USD trillion) | $12.3 trillion(winner) | $2.5 trillion |
| Foreign Exchange Reserves(USD Billion) | $3,200 billion | — |
| GDP Per Capita (2024)(USD) | $12,720 | — |
| GDP Per Capita 2026(USD) | $12,700 | — |
| Semiconductor Export Value (2023)(USD billions) | $90 billion | — |
| EV Production Market Share(% of Global) | 60% | — |
| Household Savings Rate(percent of disposable income) | 28% | — |
| Renewable Energy Share(%) | 18% | — |
| Global Manufacturing Share(%) | 28%(winner) | 2.5% |
| Foreign Direct Investment Inflows (2024)(USD Billions) | $163B | — |
| Tech Sector Valuation(USD Trillions) | $4.2 trillion | — |
| Population 2025(billions) | 1.4 billion | — |
| Consumer price inflation(percent per year) | 0.8%(winner) | 4.9% |
| Global Economic Rank 2026(rank) | 6th | — |
| Projected Global Rank 2031(rank) | 3rd | — |
| Expected Consumption Growth 2026(%) | 7.7% | — |
| Share of Global GDP 2026(percent) | 3.4% | — |
| Goldman Sachs Growth Forecast 2026(%) | 6.9% | — |
| Tech Sector as % of GDP(%) | 5.1% | — |
CChina Economy
India EconomyReal GDP Growth Rate (2025)(% annual)
4.2%
6.8%
Per Capita Income(USD)
$12,800
$2,389
GDP Per Capita (Nominal)(USD)
$14,874
—
GDP per Capita (estimated 2026)(USD)
$14,800+
—
GDP Per Capita (2024)(USD)
$12,500
—
GDP per Capita(USD)
$12,720
$2,389
Show 2 more attributes
GDP Per Capita (PPP)(USD)
$12,720
—
Per Capita GDP (2024)(USD)
$12,720
—
IT Services & Software Exports(USD Billion)
$220 billion
$245 billion
Semiconductor Market Share(Percentage)
8-10%
—
Foreign Direct Investment (2024)(USD billion)
$189 billion
$85.2 billion
Foreign Direct Investment (Annual)(billion USD)
$163 billion
—
Foreign Direct Investment(billion USD)
$163 billion
$85 billion
Foreign Direct Investment (2025)(USD Billion)
$189 billion
$85 billion
GDP Growth Rate(%)
5.0%
6.2%
Projected GDP Growth Rate 2026(percent)
4.5-5.0%
—
Projected GDP Growth Rate (2026)(%)
4.6-4.8%
—
Real GDP Growth Rate(%)
5.0%
—
Real GDP Growth Rate (2024)(percent)
5.0%
—
Per Capita GDP(USD)
$13,500
$1,030
GDP Per Capita 2024(USD)
$12,700
$2,813
Global EV Market Share(%)
70%
—
Global Solar Panel Production(%)
~80%
—
Solar Panel Production(% of global)
80%+
—
Global Solar Panel Manufacturing(%)
80%+
—
AI Chip Technology Leadership(competitive ranking)
Limited by US export controls, advancing in AI adoption
—
AI Adoption Growth Contribution(percentage points)
0.2-0.3%
—
Tech Sector Market Cap(USD trillions)
$3.8 trillion
—
Tariff Impact on GDP (2026 risk)(percentage points reduction)
-0.5 to -2%
—
Government Defense Expenditure(USD Billions)
$296.5 billion
—
Government Defense Expenditure 2024(billion USD)
$296.5 billion
—
Defence Expenditure (2024)(billion USD)
€296.5 billion
—
Total Government Expenditure 2024(USD Billion)
$5,708.7
—
Global EV Production Share(%)
70%
—
Government Health Expenditure(USD Million)
$620.1 billion
—
Tariff Impact Risk on GDP(Percentage Points)
0.5-2.0%
—
Potential GDP Loss from Tariffs(USD Billions)
$400-800B
—
Potential Tariff Impact on GDP(USD billion)
$400-800B reduction
—
Semiconductor Technology Tier(nanometers)
Restricted to 7nm+ (export controls)
—
EV Production Share(% of global)
70%
—
Government Health Expenditure 2024(billion USD)
$620 billion
—
Education Expenditure Per Capita 2023(USD)
$525
—
Education Expenditure Per Capita(USD)
€467
—
Total GDP 2026(USD Trillions)
$17.9
—
Total Nominal GDP(USD trillions)
$17.9 trillion
—
PPP-Adjusted GDP 2026(USD trillion)
$45.78 trillion
—
Nominal GDP(USD Trillion)
$17.9 trillion
$3.9 trillion
Purchasing Power Parity GDP(trillion USD)
$31.6 trillion
—
Show 4 more attributes
Gross Domestic Product(USD trillions)
$17.9 trillion
$12.0 trillion
Nominal GDP (2024)(USD trillions)
$17.9 trillion
—
Total GDP(USD trillions)
$17.9 trillion
—
Gross Domestic Product (nominal)(trillion USD)
$17.9 trillion
$13.7 trillion
Solar Panel Manufacturing(% of global)
82%
—
Tariff Impact Risk 2026(% GDP reduction)
-0.5 to -2.0%
—
Semiconductor Technology Leadership(index (0-100))
Limited by US export controls
—
GDP Growth Rate (2026)(%)
4.6-4.8%
—
GDP Growth Rate (2026 Target)(%)
4.5-5.0%
—
Real GDP Growth Rate 2026(Percent)
4.2%
—
Annual GDP Growth Rate (2020-2026 Average)(percent)
5.1%
—
Annual GDP Growth Rate 2024(percent)
5.0%
—
Global Manufacturing Output(%)
35%
—
Unemployment Rate Projection(%)
~5.2%
—
Unemployment Rate Forecast 2026(percent)
~5.5%
—
Unemployment Rate(%)
5.1%
—
Unemployment Rate (2024)(Percent)
5.3%
—
Unemployment Rate (2024)(%)
5.1%
—
Show 2 more attributes
Unemployment Rate(%)
5.3%
3.2%
Unemployment Rate 2026(Percent)
5.1%
—
Per Capita GDP 2026(USD)
$13,500
—
Defense Expenditure 2024(USD Billion)
$296.5
—
Annual Infrastructure Investment(USD billion)
$680 billion
—
LFP Battery Production Share(%)
94%
—
Tariff Impact Risk to GDP(percentage points)
0.5-2.0%
—
Lithium Iron Phosphate Battery Production(%)
94%
—
Global Manufacturing Output Share(%)
28.3%
—
Manufacturing Output(% of global share)
28%
—
Global Manufacturing Share(Percent of Global)
31%
—
Share of Global Manufacturing Output(Percent)
28%
—
Share of Global Manufacturing(%)
28%
—
Projected GDP Growth (2026)(%)
4.7%
—
Projected Annual GDP Growth Rate(percent)
6.0%
—
Global EV Production Market Share(%)
70%
—
Global Solar Panel Manufacturing Share(%)
80%
—
Global Solar Panel Production Share(%)
82%
—
Advanced Semiconductor Leadership(Market Share %)
Limited by US export controls
—
Lithium Iron Phosphate Battery Production Share(%)
94%
—
Potential Tariff Impact on GDP Growth(percentage points)
0.5-2.0pp
—
Total GDP(USD trillion)
$17.9 trillion
—
Nominal GDP (2024)(USD Trillions)
$17.9T
—
GDP by Purchasing Power Parity(trillion USD)
$35.5 trillion
—
Nominal GDP (2026)(USD trillion)
$17.9 trillion
$13.6 trillion
Total GDP (nominal)(USD trillion)
$28.7 trillion
—
Show 5 more attributes
GDP (PPP Adjusted)(USD trillions)
$28.7T
—
Nominal GDP (2025)(USD trillion)
$17.9 trillion
—
PPP GDP (Purchasing Power Parity)(USD Trillions)
$35.4T
—
Nominal GDP 2025(USD trillions)
$17.9 trillion
—
GDP Purchasing Power Parity 2025(USD trillions)
$36.7 trillion
—
EV Production (Global Share)(%)
70%
—
Solar Panel Production (Global Share)(%)
80%
—
Potential Tariff Impact (2026-2027)(billion USD annual reduction)
$400-800B
—
Gross Domestic Product (GDP)(USD Trillion)
$18.7 trillion
—
Foreign Direct Investment Inflows (Annual)(USD Billion)
$163.5 billion
—
Median Age(years)
39 years
28 years
Population Over 65 Years(Percent)
14%
—
Total Population(Millions)
1,420 million
—
Median Population Age(Years)
37.4 years (projected 53 by 2050)
—
Median Population Age(Years)
38.8 years
—
Show 3 more attributes
Median Age of Population(years)
38.4 years
—
Population (2024)(millions)
1,420 million
—
Population(billions)
1,425 million
1,456 million
Manufacturing Sector Share of Economy(%)
28% (diversified)
—
Manufacturing Sector Share(% of GDP)
28.4%
—
Service Sector Share(% of GDP)
54.8%
—
Manufacturing as % of GDP(Percent (%))
29.4%
15%
Services Sector Contribution(% of GDP)
47%
54%
Show 2 more attributes
Manufacturing Sector Contribution(% of GDP)
27%
18%
Manufacturing Output as % of GDP(%)
29.2%
—
GDP Per Capita(USD)
$12,700
—
Nominal GDP 2026(USD trillions)
$17.9 trillion
$4.15 trillion
Global Economic Ranking 2026(rank)
2nd
—
Global Economic Ranking(Rank)
2nd
—
Annual R&D Investment(billions USD)
$680 billion
—
Foreign Direct Investment Annual Inflow(USD Billions)
$189 billion
—
Foreign Direct Investment Inflows 2025(USD billions)
$163B
—
Foreign Direct Investment Inflow (2024)(USD billions)
$189 billion
—
Foreign direct investment inflow(billion USD)
$163 billion
$85 billion
Show 1 more attribute
Foreign Direct Investment Inflows 2024(USD billions)
$139 billion
—
Share of Global GDP(% of world economy)
14.3%
—
Global Economic Share(%)
16% of world GDP
—
Global GDP Market Share(percent)
20.6%
—
Primary Tech Focus Area
EV manufacturing, 5G, solar, semiconductors
—
Average EV Cost (Entry Model)(USD (converted))
$16,800 (119,800 yuan)
—
GDP Gap vs Competitor(USD Trillions)
$11.1 trillion behind
—
Q1 2026 GDP Growth Rate(Percent Year-over-Year)
5.0%
—
Real GDP growth rate(percent per year)
5.0%
6.2%
Q1 2026 Industrial Output Growth(Percent Year-over-Year)
6.1%
—
GDP as Percentage of Global Economy(Percent)
~16-17% of global GDP
—
Q1 2026 Inflation Rate(Percent)
0.9% CPI
—
Inflation Rate (2024)(Percent)
0.2%
—
Inflation Rate(%)
0.2%
4.8%
GDP Growth Rate 2026(%)
3-4%
—
Quarterly GDP Growth (Q1 2026)(% (q/q, SAAR))
Data not available
—
GDP Advantage Over Rival(USD Trillion)
36% smaller than US
—
Foreign Direct Investment Inflows(USD billion)
$189 billion
—
Real GDP Growth Rate (2024)(Percent Annual)
5.2%
—
Foreign Exchange Reserves(USD Trillions)
$3.4T
—
Tech Sector Market Capitalization(USD Trillions)
$4.8T (Alibaba, Tencent, Meituan weighted total)
—
Total Exports(USD trillions)
$3.6 trillion
—
Total Annual Exports(USD trillion)
$3.8 trillion
—
Trade Balance (Annual)(USD Billion)
+$632 billion (surplus)
—
Global Export Share(% of global exports)
14.8%
—
Total Trade Volume (2024)(USD Trillions)
$6.8 trillion
—
Show 8 more attributes
Manufacturing Exports(USD Trillions)
$3.6T
—
Merchandise exports(billion USD)
$1,540 billion
$430 billion
Global Trade Exports(USD Trillions)
$3.6 trillion
—
Annual Merchandise Exports(Trillion USD)
$3.6 trillion
—
Share of Global Trade(%)
15.8%
—
Total Exports (2024)(USD trillions)
$3.6 trillion
—
Annual Exports Volume(USD trillions)
$3.6 trillion
—
Annual Exports 2024(USD trillions)
$1.6 trillion
—
Manufacturing Output Share(% of Global)
28%
—
Manufacturing Output (Global Share)(Percent)
28%
—
Global Manufacturing Share (2024)(percent)
28%
—
Total Debt to GDP Ratio(% of GDP)
282%
—
Debt-to-GDP Ratio(%)
282%
—
National Debt(USD trillions)
$10.8 trillion
—
Debt-to-GDP Ratio(percent)
282%
84%
Public Debt as Percentage of GDP(%)
77%
—
Show 6 more attributes
Public Debt to GDP Ratio(percent)
77%
84%
Federal Debt-to-GDP Ratio(%)
77%
—
Government Debt-to-GDP(Percent)
77%
—
National Debt to GDP Ratio(%)
77%
—
Government Debt-to-GDP Ratio(Percent)
77%
—
Sovereign Debt to GDP(%)
77%
—
Annual Exports(trillion USD)
$3.6 trillion
—
Annual Trade Balance(USD billions)
+$632 billion (surplus)
—
Global Trade Share(% of world trade)
14.2%
—
R&D Spending(% of GDP)
$652 billion
—
Annual R&D Spending(USD Billion)
$696 billion
—
Trade Balance(USD billion)
+$631 billion (surplus)
—
Total Merchandise Exports(USD billion)
$1,230 billion
$430 billion
Fortune 500 Companies(count)
142 companies
—
Annual GDP Growth Rate(percent)
4.8%
6.2%
Average Annual GDP Growth Rate (2010-2023)(%)
6.8%
—
Average Annual GDP Growth (2020-2026)(Percent)
5.2%
—
Projected GDP in 2030(USD trillion)
$22.8 trillion
—
Projected GDP 2030(USD trillion)
$24 trillion
—
Stock Market Capitalization(trillion USD)
$11.8 trillion
—
Renewable Energy Capacity(Gigawatts)
1,480 GW
—
Average Annual Wage(USD)
$11,500
—
GDP at Purchasing Power Parity(USD trillion)
$28.3 trillion
—
Annual Patent Filings(Count)
1,542,000
—
Foreign Direct Investment Inflows(USD billions)
$189B
$85.1 billion
Patent Filings in Technology(Annual count)
687,231
—
Patent Filings Annually (2023)(thousand filings)
1,820,000
—
Patent Filings (2024)(thousands filed)
1,200,000
—
Technology & IT Sector as % of GDP(%)
8.7%
—
Patent Applications Filed (2023)(Count (thousands))
1,750,000
—
Show 7 more attributes
R&D Spending (% of GDP)(percent)
2.1%
—
R&D Spending as % of GDP (2023)(%)
2.1%
—
Tech Patent Filings (Annual)(Count)
142,000
—
Research & Development Spending(percent of GDP)
2.4%
—
Patent Filings(millions (2023))
1.59 million
—
R&D Investment(billion USD annually)
$369 billion
—
R&D Spending as % of GDP(%)
2.89%
—
Annual Real GDP Growth Rate(%)
5.1%
—
Average Annual GDP Growth Rate(% per year)
5.2%
—
Stock Market Capitalization (2024)(USD trillions)
$15.2 trillion
—
Tech Sector Market Capitalization (Top 7 Companies)(USD Trillion)
$2.8 trillion
—
Tech Sector Market Capitalization(USD trillion)
$4.2 trillion
—
Foreign Direct Investment Inflow (2023)(USD Billion)
$163 billion
—
Technology Sector Market Cap(USD trillions)
$4.2 trillion
—
Working Age Population(million people)
920 million
—
Foreign Currency Reserves(USD Trillion)
$3.2 trillion
—
Average Annual Wage (Tech Sector)(USD)
$38,000
—
Manufacturing Output(USD trillion)
$4.2 trillion
—
Global Trade Volume Share(%)
12.4%
—
Global Trade Ranking(Position)
2nd largest exporter (after USA)
—
Trade Balance(USD billions)
+$821 billion surplus
—
Nominal Gross Domestic Product(USD trillions)
$17.9 trillion
—
PPP-Adjusted GDP(trillion USD)
$36.1 trillion
—
Automotive Production(Million vehicles annually)
30 million
—
Total Trade Volume(USD Trillions)
$8.1 trillion
—
Global GDP Share(%)
17%
—
Digital Payment Transaction Value(USD trillion)
$12.3 trillion
$2.5 trillion
Foreign Exchange Reserves(USD Billion)
$3,200 billion
—
GDP Per Capita (2024)(USD)
$12,720
—
GDP Per Capita 2026(USD)
$12,700
—
Semiconductor Export Value (2023)(USD billions)
$90 billion
—
EV Production Market Share(% of Global)
60%
—
Household Savings Rate(percent of disposable income)
28%
—
Renewable Energy Share(%)
18%
—
Global Manufacturing Share(%)
28%
2.5%
Foreign Direct Investment Inflows (2024)(USD Billions)
$163B
—
Tech Sector Valuation(USD Trillions)
$4.2 trillion
—
Population 2025(billions)
1.4 billion
—
Consumer price inflation(percent per year)
0.8%
4.9%
Global Economic Rank 2026(rank)
6th
—
Projected Global Rank 2031(rank)
3rd
—
Expected Consumption Growth 2026(%)
7.7%
—
Share of Global GDP 2026(percent)
3.4%
—
Goldman Sachs Growth Forecast 2026(%)
6.9%
—
Tech Sector as % of GDP(%)
5.1%
—
Pros & Cons
10 pros·6 cons across both
CE
CE
China Economy
+5-3
Pros
- Largest manufacturing exporter with 28% of global share (2023)
- Massive FDI inflows of $163 billion annually supporting capital investment
- Advanced infrastructure: 45,000+ km high-speed rail network; 15+ mega-ports
- Strong tech sector with companies like Alibaba, Tencent, and SMIC competing globally
- Low inflation at 0.8% provides monetary policy flexibility
Cons
- GDP growth slowed to 5.0% (2024) from 10%+ averages of 2000-2010
- Aging population with 65+ years comprising 15.8% of population, reducing workforce
- Government debt at ~77% of GDP limits fiscal stimulus capacity
India Economy
+5-3
Pros
- Fastest growth rate among major economies at 6.2% annually (IMF 2024 estimate)
- Youngest major economy: median age of 28 years vs China's 39 years
- Lower government debt at 84% of GDP allows for economic expansion
- Booming IT/BPO sector: $254 billion industry with 5+ million workers
- Rising startup ecosystem: 142 unicorns as of 2024, second globally after US
Cons
- GDP per capita ($2,389) is 5.3x lower than China's ($12,720)
- Higher inflation at 4.9% erodes purchasing power and savings
- Infrastructure gap: only 8,000 km expressways vs China's 180,000+ km
Frequently Asked Questions
5 questions
Yes, IMF projections suggest India's GDP will surpass China's nominal GDP around 2075, driven by India's 6.2% annual growth vs China's 5.0%, plus demographic advantages. However, per-capita income parity will take significantly longer given the 5.3x gap in income per person.
Resources & Learn More
Curated sources to dive deeper
Wikipedia
- W
China Economy on Wikipedia (opens in new tab)
World's second-largest economy ($17.9T GDP) dominated by manufacturing, export-driven growth, and state-directed investment.
- W
India Economy on Wikipedia (opens in new tab)
World's third-largest economy ($13.7T GDP) with fastest major-economy growth (6.2%), rising tech sector, and 1.46 billion population.
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