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economy

US Economy vs China Economy: Complete Comparison (2026) | Comparison

The US has the world's largest nominal GDP ($25.5T) and leads in technology, finance, and innovation. China ($17.7T) is the world's largest manufacturer and may surpass the US in total GDP by PPP. The US has 6x higher GDP per capita.

US Economy

US Economy

World's largest nominal economy with advanced technology, capital markets, and highest per-capita wealth.

Innovation and per-capita wealth

Score57%
VS
CE

China Economy

World's second-largest economy by nominal GDP with dominant manufacturing and export sector.

Manufacturing and growth scale

Score57%

Quick Answer

AI Summary

The US has the world's largest nominal GDP ($25.5T) and leads in technology, finance, and innovation. China ($17.7T) is the world's largest manufacturer and may surpass the US in total GDP by PPP. The US has 6x higher GDP per capita.

Our Verdict

AI-assisted

The US leads in total GDP, per-capita wealth, and innovation. China leads in manufacturing and growth rate. The gap is narrowing.

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US Economy
6.7/10
China Economy
8.3/10
C
US Economy

Choose US Economy if

Innovation and per-capita wealth

C

Choose China Economy if

Best pick

Manufacturing and growth scale

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Key Differences at a Glance

  • Nominal GDP:US Economy wins($25.5T vs $17.7T)
  • GDP per Capita:US Economy wins($76,300 vs $12,500)
  • Manufacturing Share:China Economy wins(30% vs 16%)
See all 4 differences

Key Facts & Figures

216 numeric metrics compared

MetricUS EconomyChina EconomyRatio
GDP Growth Rate 2026(%)1.9%3-4%
Global Solar Panel Production(%)8%~80%
Total GDP 2026(USD Trillions)$30+ trillion$17.9
Per Capita GDP(USD)$89,500$12,720
Global EV Market Share(%)15%70%
Global Manufacturing Output(%)12%35%
Tariff-Related GDP Risk 2026(% of GDP)-0.3 to -1.0%
Nominal GDP (2024)(USD trillions)$27.4 trillion$17.9 trillion
Global Manufacturing Share(%)15-17%28%
Defense Expenditure (2024)(EUR Billion)$925.8 billion
EV Production Share(% of global)15-20%70%
Solar Panel Production Share(percent)8%
Government Expenditure (2024)(USD Billion)$11,109 billion
GDP Growth Rate (2025-2026)(percent)2.0-2.5%
Government Education Spending Per Capita(EUR)€3,981
Solar Panel Production(% of global)~10%80%+
Lithium Iron Phosphate Battery Production(%)~5%94%
Nominal GDP(USD trillion)$29.4T$17.9 trillion
Projected GDP Growth Rate (2026)(%)2.0-2.5%4.6-4.8%
Global EV Production Share(%)~15%70%
Global Solar Panel Manufacturing(%)~10%80%+
Global Manufacturing Output Share(percent)~15%28.3%
Potential GDP Loss from Tariffs(USD Billions)Minimal (~0-100)$400-800B
Total Nominal GDP(USD trillions)$25.5 trillion$17.9 trillion
Projected GDP Growth (2026)(%)2.2%4.7%
Global EV Production Market Share(percent)~20%70%
Global Solar Panel Manufacturing Share(%)<5%80%
Potential Tariff Impact on GDP(USD billion)Minimal (<$50B)$400-800B reduction
2026 GDP Growth Forecast(%)2.3%
Consumer Stock Market Confidence (Positive Outlook)(%)50%
Stock Market Sentiment Drop (April 2026)(percentage points)-32 points (61% to 29%)
Total GDP(USD trillion)$27.4 trillion
Per Capita Income(USD)$82,400
Unemployment Rate(%)3.9%
Technology Sector Share(% of GDP)14.2%
GDP (PPP Adjusted)(USD trillions)$28.2T$28.7T
GDP Per Capita(USD)$76,398$12,720
Real GDP Growth Rate 2026(Percent)2.1%4.2%
Unemployment Rate(% of workforce)4.2%5.1%
Government Debt-to-GDP Ratio(%)130%77%
Foreign Direct Investment Inflows 2025(USD billions)$285B$163B
Share of Global Manufacturing Output(Percent)16%28%
Real GDP Growth Rate (2025)(% annual)4.2%4.2%
Per Capita Income(USD)$12,800$12,800
IT Services & Software Exports(USD Billion)$220 billion$220 billion
Foreign Direct Investment (2024)(USD Billions)$189 billion$189 billion
Total GDP(trillion USD)$17-18$17-18
GDP Growth Rate(% annually)5.0%5.0%
Tariff Impact on GDP (2026 risk)(percentage points reduction)-0.5 to -2%-0.5 to -2%
Projected GDP Growth Rate 2026(percent)4.5-5.0%4.5-5.0%
Government Defense Expenditure(USD Billions)$296.5 billion$296.5 billion
Government Health Expenditure(USD Million)$620.1 billion$620.1 billion
Tariff Impact Risk on GDP(Percentage Points)0.5-2.0%0.5-2.0%
GDP Per Capita 2024(USD)$12,700$12,700
Government Defense Expenditure 2024(billion USD)$296.5 billion$296.5 billion
Government Health Expenditure 2024(billion USD)$620 billion$620 billion
Education Expenditure Per Capita 2023(USD)$525$525
Solar Panel Manufacturing(% of global)82%82%
Tariff Impact Risk 2026(% GDP reduction)-0.5 to -2.0%-0.5 to -2.0%
GDP Growth Rate (2026)(%)4.6-4.8%4.6-4.8%
Defence Expenditure (2024)(billion USD)€296.5 billion€296.5 billion
Education Expenditure Per Capita(USD)€467€467
Unemployment Rate Projection(%)~5.2%~5.2%
R&D Spending as % of GDP(%)2.1%2.1%
Per Capita GDP 2026(USD)$13,500$13,500
Total Government Expenditure 2024(USD Billion)$5,708.7$5,708.7
Defense Expenditure 2024(USD Billion)$296.5$296.5
Annual Infrastructure Investment(USD billion)$680 billion$680 billion
GDP Growth Rate (2026 Target)(%)4.5-5.0%4.5-5.0%
LFP Battery Production Share(%)94%94%
Tariff Impact Risk to GDP(percentage points)0.5-2.0%0.5-2.0%
AI Adoption Growth Contribution(percentage points)0.2-0.3%0.2-0.3%
Global Solar Panel Production Share(%)82%82%
Lithium Iron Phosphate Battery Production Share(%)94%94%
Potential Tariff Impact on GDP Growth(percentage points)0.5-2.0pp0.5-2.0pp
Total GDP(USD trillion)$17.9 trillion$17.9 trillion
EV Production (Global Share)(%)70%70%
Solar Panel Production (Global Share)(%)80%80%
Potential Tariff Impact (2026-2027)(billion USD annual reduction)$400-800B$400-800B
Gross Domestic Product (GDP)(USD trillion)$18.7 trillion$18.7 trillion
Foreign Direct Investment Inflows (Annual)(USD Billion)$163.5 billion$163.5 billion
Median Age(Years)37.937.9
Manufacturing Sector Share of Economy(%)28% (diversified)28% (diversified)
GDP Per Capita(USD)$12,700$12,700
Nominal GDP 2026(trillion USD)$17.9 trillion$17.9 trillion
PPP-Adjusted GDP 2026(USD trillion)$45.78 trillion$45.78 trillion
Projected Annual GDP Growth Rate(percent)6.0%6.0%
Global Economic Ranking 2026(rank)2nd2nd
Annual R&D Investment(USD billion)$680 billion$680 billion
Share of Global GDP(% of world economy)14.3%14.3%
Unemployment Rate Forecast 2026(percent)~5.5%~5.5%
Average EV Cost (Entry Model)(USD (converted))$16,800 (119,800 yuan)$16,800 (119,800 yuan)
Real GDP Growth Rate(%)5.0%5.0%
GDP Per Capita (Nominal)(USD)$14,874$14,874
GDP Gap vs Competitor(USD Trillions)$11.1 trillion behind$11.1 trillion behind
Q1 2026 GDP Growth Rate(Percent Year-over-Year)5.0%5.0%
Q1 2026 Industrial Output Growth(Percent Year-over-Year)6.1%6.1%
Global Economic Ranking(Rank)2nd2nd
GDP as Percentage of Global Economy(Percent)~16-17% of global GDP~16-17% of global GDP
Q1 2026 Inflation Rate(Percent)0.9% CPI0.9% CPI
Unemployment Rate(%)5.1%5.1%
GDP per Capita (estimated 2026)(USD)$14,800+$14,800+
Manufacturing Output(% of global share)28%28%
Foreign Direct Investment Inflows(USD billion)$189 billion$189 billion
Population Over 65 Years(Percent)14%14%
Total Population(millions)1,420 million1,420 million
Nominal GDP (2024)(USD Trillions)$17.9T$17.9T
Real GDP Growth Rate (2024)(Percent Annual)5.2%5.2%
GDP Per Capita (2024)(USD)$12,500$12,500
Foreign Exchange Reserves(USD Trillions)$3.4T$3.4T
Unemployment Rate (2024)(Percent)5.3%5.3%
Global Manufacturing Share(Percent of Global)31%31%
Tech Sector Market Capitalization(USD Trillions)$4.8T (Alibaba, Tencent, Meituan weighted total)$4.8T (Alibaba, Tencent, Meituan weighted total)
Median Population Age(Years)37.4 years (projected 53 by 2050)37.4 years (projected 53 by 2050)
Total Exports(USD trillions)$3.6 trillion$3.6 trillion
Manufacturing Output Share(% of global)28%28%
Total Debt to GDP Ratio(% of GDP)282%282%
Annual Exports(trillion USD)$3.6 trillion$3.6 trillion
R&D Spending(USD billion)$652 billion$652 billion
Debt-to-GDP Ratio(%)282%282%
Trade Balance(USD billion)+$631 billion (surplus)+$631 billion (surplus)
Fortune 500 Companies(count)142 companies142 companies
Manufacturing as % of GDP(%)28.4%28.4%
Total Annual Exports(USD trillion)$3.8 trillion$3.8 trillion
National Debt(trillion USD)$10.8 trillion$10.8 trillion
Annual GDP Growth Rate(percent)4.8%4.8%
Manufacturing Sector Share(% of GDP)28.4%28.4%
Service Sector Share(% of GDP)54.8%54.8%
Foreign Direct Investment (Annual)(billion USD)$163 billion$163 billion
Projected GDP in 2030(USD trillion)$22.8 trillion$22.8 trillion
Manufacturing Output (Global Share)(Percent)28%28%
Stock Market Capitalization(trillion USD)$12.8 trillion$12.8 trillion
Unemployment Rate (2024)(%)5.1%5.1%
Trade Balance (Annual)(USD Billions)+$632 billion (surplus)+$632 billion (surplus)
Debt-to-GDP Ratio(percent)282%282%
Renewable Energy Capacity(Gigawatts)1,480 GW1,480 GW
Average Annual Wage(USD)$11,500$11,500
GDP at Purchasing Power Parity(USD trillion)$28.3 trillion$28.3 trillion
Global Export Share(% of global exports)14.8%14.8%
Annual Patent Filings(thousands)1,200 thousand1,200 thousand
Foreign Direct Investment Inflows(USD billion)$163.2 billion$163.2 billion
GDP by Purchasing Power Parity(trillion USD)$35.5 trillion$35.5 trillion
Annual Trade Balance(USD billions)+$632 billion (surplus)+$632 billion (surplus)
Patent Filings in Technology(Annual count)687,231687,231
Foreign Direct Investment Annual Inflow(USD Billions)$189 billion$189 billion
Annual Real GDP Growth Rate(%)5.1%5.1%
Stock Market Capitalization (2024)(USD trillions)$15.2 trillion$15.2 trillion
Total Trade Volume (2024)(USD Trillions)$6.8 trillion$6.8 trillion
Tech Sector Market Capitalization (Top 7 Companies)(USD Trillion)$2.8 trillion$2.8 trillion
Average Annual GDP Growth Rate (2010-2023)(%)6.8%6.8%
Purchasing Power Parity GDP(trillion USD)$31.6 trillion$31.6 trillion
Global Economic Share(%)16% of world GDP16% of world GDP
Foreign Direct Investment Inflow (2023)(USD Billion)$163 billion$163 billion
Annual R&D Spending(USD Billion)$696 billion$696 billion
Real GDP Growth Rate(%)5.2%5.2%
Public Debt as Percentage of GDP(%)77%77%
Foreign Direct Investment(billion USD annually)$163 billion$163 billion
Public Debt to GDP Ratio(%)77%77%
Technology Sector Market Cap(USD trillions)$4.2 trillion$4.2 trillion
Working Age Population(million people)920 million920 million
Nominal GDP (2026)(trillion USD)$17.9 trillion$17.9 trillion
Foreign Direct Investment (2025)(billion USD)$163 billion$163 billion
Tech Sector Market Cap(USD trillions)$3.8 trillion$3.8 trillion
Global Manufacturing Share (2024)(percent)28%28%
Patent Filings Annually (2023)(thousand filings)1,820,0001,820,000
Inflation Rate (2024)(Percent)0.2%0.2%
Foreign Currency Reserves(USD trillions)$3.2 trillion$3.2 trillion
Total GDP (Nominal)(USD Trillion)$28.7 trillion$28.7 trillion
GDP Per Capita (PPP)(USD)$12,720$12,720
Patent Filings (2024)(thousands filed)1,200,0001,200,000
Average Annual Wage (Tech Sector)(USD)$38,000$38,000
Manufacturing Output(USD trillion)$4.2 trillion$4.2 trillion
Global Trade Volume Share(%)12.4%12.4%
Federal Debt-to-GDP Ratio(%)77%77%
Nominal Gross Domestic Product(USD trillions)$17.9 trillion$17.9 trillion
PPP-Adjusted GDP(trillion USD)$36.1 trillion$36.1 trillion
Technology & IT Sector as % of GDP(%)8.7%8.7%
Patent Applications Filed (2023)(Count (thousands))1,750,0001,750,000
Median Population Age(Years)38.8 years38.8 years
Manufacturing Exports(USD Trillions)$3.6T$3.6T
Semiconductor Market Share(Percentage)8-10%8-10%
Automotive Production(Million vehicles annually)30 million30 million
Total Trade Volume(trillion USD)$4.7 trillion$4.7 trillion
Median Age of Population(years)38.4 years38.4 years
Trade Balance(billion USD annually)+$821 billion surplus+$821 billion surplus
Government Debt-to-GDP(Percent)77%77%
Global GDP Share(%)17%17%
Tech Sector Market Capitalization(USD trillion)$4.2 trillion$4.2 trillion
Projected GDP 2030(USD trillion)$24 trillion$24 trillion
Gross Domestic Product(USD trillion)$17.9 trillion$17.9 trillion
Merchandise Exports(USD Billion)$1,370 billion$1,370 billion
Digital Payment Transaction Value(USD trillion)$12.3 trillion$12.3 trillion
Foreign Exchange Reserves(trillion USD)$3.3 trillion$3.3 trillion
GDP per Capita (2024)(USD)$12,720$12,720
Real GDP Growth Rate (2024)(%)5.0%5.0%
Global Trade Exports(USD Trillions)$3.6 trillion$3.6 trillion
National Debt to GDP Ratio(%)77%77%
GDP per Capita 2026(USD)$12,700$12,700
Average Annual GDP Growth (2020-2026)(Percent)5.1%5.1%
Global GDP Market Share(percent)20.6%20.6%
Annual Merchandise Exports(Trillion USD)$3.6 trillion$3.6 trillion
Unemployment Rate 2026(Percent)5.2%5.2%
R&D Spending (% of GDP)(percent)2.1%2.1%
Semiconductor Export Value (2023)(USD billions)$90 billion$90 billion
R&D Spending as % of GDP (2023)(%)2.1%2.1%
Population (2024)(millions)1,420 million1,420 million
Annual GDP Growth Rate (2020-2026 Average)(percent)5.1%5.1%
Global Trade Share(percent)12.8%12.8%
Foreign Direct Investment Inflow(Billion USD)$189B$189B
Population(Billion)1.42B1.42B
Tech Patent Filings (Annual)(Count)142,000142,000
EV Production Market Share(% of Global)60%60%
Nominal GDP (2025)(USD trillion)$17.9 trillion$17.9 trillion
Research & Development Spending(% of GDP)2.4%2.4%
Average Annual GDP Growth Rate(% per year)5.2%5.2%
Household Savings Rate(percent of disposable income)28%28%

Sourced from publicly available data ·

Key Differences

4 attributes compared head-to-head

US Economy
2US Economy
Evenly matched
CE
2China Economy
  • Nominal GDP

    US Economy

    $25.5T(winner)

    China Economy

    $17.7T

  • GDP per Capita

    US Economy

    $76,300(winner)

    China Economy

    $12,500

  • Manufacturing Share

    US Economy

    16%

    China Economy

    30%(winner)

  • GDP Growth Rate

    US Economy

    2.5%

    China Economy

    4.5%(winner)

Full Comparison

US Economy
CChina Economy
GDP Growth Rate 2026(%)
1.9%
3-4%
2026 GDP Growth Forecast(%)
2.3%
Quarterly GDP Growth (Q1 2026)(% (q/q, SAAR))
Data not available
Global Solar Panel Production(%)
8%
~80%
Solar Panel Production(% of global)
~10%
80%+
Global Solar Panel Manufacturing(%)
~10%
80%+
Total GDP 2026(USD Trillions)
$30+ trillion
$17.9
Total Nominal GDP(USD trillions)
$25.5 trillion
$17.9 trillion
Total GDP(trillion USD)
$17-18
Gross Domestic Product (GDP)(USD trillion)
$18.7 trillion
Purchasing Power Parity GDP(trillion USD)
$31.6 trillion
Show 1 more attribute
Total GDP (Nominal)(USD Trillion)
$28.7 trillion
Per Capita GDP(USD)
$89,500
$12,720
GDP Per Capita(USD)
$76,398
$12,720
Per Capita Income(USD)
$12,800
GDP Per Capita (Nominal)(USD)
$14,874
GDP per Capita (estimated 2026)(USD)
$14,800+
Show 4 more attributes
GDP Per Capita (2024)(USD)
$12,500
GDP Per Capita (PPP)(USD)
$12,720
GDP per Capita (2024)(USD)
$12,720
GDP per Capita 2026(USD)
$12,700
Global EV Market Share(%)
15%
70%
Global Manufacturing Output(%)
12%
35%
Semiconductor Technology Position
Advanced design and manufacturing
EV Production Share(% of global)
15-20%
70%
Semiconductor Technology Tier(nanometers)
Restricted to 7nm+ (export controls)
Tariff-Related GDP Risk 2026(% of GDP)
-0.3 to -1.0%
Potential GDP Loss from Tariffs(USD Billions)
Minimal (~0-100)
$400-800B
Potential Tariff Impact on GDP(USD billion)
Minimal (<$50B)
$400-800B reduction
Tariff Impact Risk on GDP(Percentage Points)
0.5-2.0%
Nominal GDP (2024)(USD trillions)
$27.4 trillion
$17.9 trillion
Nominal GDP(USD trillion)
$29.4T
$17.9 trillion
GDP (PPP Adjusted)(USD trillions)
$28.2T
$28.7T
Total GDP(USD trillion)
$17.9 trillion
Nominal GDP 2026(trillion USD)
$17.9 trillion
Show 5 more attributes
PPP-Adjusted GDP 2026(USD trillion)
$45.78 trillion
Nominal GDP (2024)(USD Trillions)
$17.9T
GDP by Purchasing Power Parity(trillion USD)
$35.5 trillion
Nominal GDP (2026)(trillion USD)
$17.9 trillion
Nominal GDP (2025)(USD trillion)
$17.9 trillion
Global Manufacturing Share(%)
15-17%
28%
Defense Expenditure (2024)(EUR Billion)
$925.8 billion
Defense Expenditure 2024(USD Billion)
$296.5
Solar Panel Production Share(percent)
8%
Government Expenditure (2024)(USD Billion)
$11,109 billion
GDP Growth Rate (2025-2026)(percent)
2.0-2.5%
Q1 2026 GDP Growth Rate(Percent Year-over-Year)
5.0%
Government Education Spending Per Capita(EUR)
€3,981
Education Expenditure Per Capita 2023(USD)
$525
Education Expenditure Per Capita(USD)
€467
Lithium Iron Phosphate Battery Production(%)
~5%
94%
Semiconductor Design Leadership(Market Position)
Dominant globally
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
Projected GDP Growth Rate (2026)(%)
2.0-2.5%
4.6-4.8%
Projected GDP Growth Rate 2026(percent)
4.5-5.0%
Real GDP Growth Rate(%)
5.0%
Annual GDP Growth Rate(percent)
4.8%
Global EV Production Share(%)
~15%
70%
Global Manufacturing Output Share(percent)
~15%
28.3%
Share of Global Manufacturing Output(Percent)
16%
28%
Manufacturing Output(% of global share)
28%
Global Manufacturing Share(Percent of Global)
31%
Projected GDP Growth (2026)(%)
2.2%
4.7%
Projected Annual GDP Growth Rate(percent)
6.0%
Global EV Production Market Share(percent)
~20%
70%
Semiconductor Technology Leadership(index (0-100))
Limited by US export controls
Global Solar Panel Manufacturing Share(%)
<5%
80%
Global Solar Panel Production Share(%)
82%
Advanced Semiconductor Leadership(Market Share %)
Global leader in 5nm+ chips
Limited by US export controls
Consumer Stock Market Confidence (Positive Outlook)(%)
50%
Stock Market Sentiment Drop (April 2026)(percentage points)
-32 points (61% to 29%)
S&P 500 vs Eurozone Earnings Growth(relative performance)
Baseline (S&P 500)
Manufacturing PMI Outlook(trend)
Cyclical pressure, modest growth
Unemployment Stability(outlook)
Expected stable
Unemployment Rate(%)
3.9%
Unemployment Rate Projection(%)
~5.2%
Unemployment Rate Forecast 2026(percent)
~5.5%
Unemployment Rate(%)
5.1%
Show 3 more attributes
Unemployment Rate (2024)(Percent)
5.3%
Unemployment Rate (2024)(%)
5.1%
Unemployment Rate 2026(Percent)
5.2%
Interest Rate Environment(policy direction)
Modest rate cuts expected
Geopolitical Risk Exposure(risk level)
Tariff policy uncertainty
Potential Tariff Impact on GDP Growth(percentage points)
0.5-2.0pp
Total GDP(USD trillion)
$27.4 trillion
Per Capita Income(USD)
$82,400
Technology Sector Share(% of GDP)
14.2%
Real GDP Growth Rate 2026(Percent)
2.1%
4.2%
GDP Growth Rate(% annually)
5.0%
GDP Growth Rate (2026)(%)
4.6-4.8%
GDP Growth Rate (2026 Target)(%)
4.5-5.0%
Annual Real GDP Growth Rate(%)
5.1%
Show 3 more attributes
Real GDP Growth Rate(%)
5.2%
Real GDP Growth Rate (2024)(%)
5.0%
Annual GDP Growth Rate (2020-2026 Average)(percent)
5.1%
Unemployment Rate(% of workforce)
4.2%
5.1%
Government Debt-to-GDP Ratio(%)
130%
77%
Total Debt to GDP Ratio(% of GDP)
282%
Debt-to-GDP Ratio(%)
282%
National Debt(trillion USD)
$10.8 trillion
Public Debt as Percentage of GDP(%)
77%
Show 4 more attributes
Public Debt to GDP Ratio(%)
77%
Federal Debt-to-GDP Ratio(%)
77%
Government Debt-to-GDP(Percent)
77%
National Debt to GDP Ratio(%)
77%
Foreign Direct Investment Inflows 2025(USD billions)
$285B
$163B
Foreign Direct Investment Annual Inflow(USD Billions)
$189 billion
Foreign Direct Investment Inflow(Billion USD)
$189B
Real GDP Growth Rate (2025)(% annual)
4.2%
IT Services & Software Exports(USD Billion)
$220 billion
Semiconductor Market Share(Percentage)
8-10%
Foreign Direct Investment (2024)(USD Billions)
$189 billion
Foreign Direct Investment (Annual)(billion USD)
$163 billion
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
Government Health Expenditure(USD Million)
$620.1 billion
GDP Per Capita 2024(USD)
$12,700
Government Health Expenditure 2024(billion USD)
$620 billion
Solar Panel Manufacturing(% of global)
82%
Tariff Impact Risk 2026(% GDP reduction)
-0.5 to -2.0%
R&D Spending as % of GDP(%)
2.1%
Annual R&D Investment(USD billion)
$680 billion
R&D Spending(USD billion)
$652 billion
Annual Patent Filings(thousands)
1,200 thousand
Patent Filings in Technology(Annual count)
687,231
Show 7 more attributes
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
R&D Spending (% of GDP)(percent)
2.1%
R&D Spending as % of GDP (2023)(%)
2.1%
Tech Patent Filings (Annual)(Count)
142,000
Per Capita GDP 2026(USD)
$13,500
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 Share(%)
94%
EV Production (Global Share)(%)
70%
Solar Panel Production (Global Share)(%)
80%
Potential Tariff Impact (2026-2027)(billion USD annual reduction)
$400-800B
Foreign Direct Investment Inflows (Annual)(USD Billion)
$163.5 billion
Median Age(Years)
37.9
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(Billion)
1.42B
Manufacturing Sector Share of Economy(%)
28% (diversified)
Manufacturing as % of GDP(%)
28.4%
Manufacturing Sector Share(% of GDP)
28.4%
Service Sector Share(% of GDP)
54.8%
GDP Per Capita(USD)
$12,700
Gross Domestic Product(USD trillion)
$17.9 trillion
Global Economic Ranking 2026(rank)
2nd
Global Economic Ranking(Rank)
2nd
Share of Global GDP(% of world economy)
14.3%
Global Economic Share(%)
16% of world GDP
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 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%
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
Foreign Exchange Reserves(trillion USD)
$3.3 trillion
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
Global Export Share(% of global exports)
14.8%
Total Trade Volume (2024)(USD Trillions)
$6.8 trillion
Manufacturing Exports(USD Trillions)
$3.6T
Show 3 more attributes
Merchandise Exports(USD Billion)
$1,370 billion
Global Trade Exports(USD Trillions)
$3.6 trillion
Annual Merchandise Exports(Trillion USD)
$3.6 trillion
Manufacturing Output Share(% of global)
28%
Manufacturing Output (Global Share)(Percent)
28%
Global Manufacturing Share (2024)(percent)
28%
Annual Exports(trillion USD)
$3.6 trillion
Annual Trade Balance(USD billions)
+$632 billion (surplus)
Trade Balance(USD billion)
+$631 billion (surplus)
Trade Balance(billion USD annually)
+$821 billion surplus
Fortune 500 Companies(count)
142 companies
Projected GDP in 2030(USD trillion)
$22.8 trillion
Projected GDP 2030(USD trillion)
$24 trillion
Stock Market Capitalization(trillion USD)
$12.8 trillion
Stock Market Capitalization (2024)(USD trillions)
$15.2 trillion
Trade Balance (Annual)(USD Billions)
+$632 billion (surplus)
Global Trade Volume Share(%)
12.4%
Global Trade Ranking(Position)
2nd largest exporter (after USA)
Global Trade Share(percent)
12.8%
Debt-to-GDP Ratio(percent)
282%
Renewable Energy Capacity(Gigawatts)
1,480 GW
Average Annual Wage(USD)
$11,500
GDP at Purchasing Power Parity(USD trillion)
$28.3 trillion
Foreign Direct Investment Inflows(USD billion)
$163.2 billion
Foreign Direct Investment Inflow (2023)(USD Billion)
$163 billion
Tech Sector Market Capitalization (Top 7 Companies)(USD Trillion)
$2.8 trillion
Tech Sector Market Capitalization(USD trillion)
$4.2 trillion
Average Annual GDP Growth Rate (2010-2023)(%)
6.8%
Annual R&D Spending(USD Billion)
$696 billion
Research & Development Spending(% of GDP)
2.4%
Foreign Direct Investment(billion USD annually)
$163 billion
Technology Sector Market Cap(USD trillions)
$4.2 trillion
Working Age Population(million people)
920 million
Foreign Direct Investment (2025)(billion USD)
$163 billion
Foreign Currency Reserves(USD trillions)
$3.2 trillion
Average Annual Wage (Tech Sector)(USD)
$38,000
Manufacturing Output(USD trillion)
$4.2 trillion
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(trillion USD)
$4.7 trillion
Global GDP Share(%)
17%
Digital Payment Transaction Value(USD trillion)
$12.3 trillion
Average Annual GDP Growth (2020-2026)(Percent)
5.1%
Average Annual GDP Growth Rate(% per year)
5.2%
Global GDP Market Share(percent)
20.6%
Semiconductor Export Value (2023)(USD billions)
$90 billion
EV Production Market Share(% of Global)
60%
Household Savings Rate(percent of disposable income)
28%

Pros & Cons

8 pros·6 cons across both

US Economy
CE
US Economy

US Economy

+4-3

Pros

  • $25.5T GDP
  • $76,300 GDP per capita
  • Tech/innovation leader
  • Reserve currency (USD)

Cons

  • $34T national debt
  • Trade deficit
  • Inequality
CE

China Economy

+4-3

Pros

  • Fastest-growing major economy
  • World's largest manufacturer
  • Massive infrastructure investment
  • Growing middle class

Cons

  • $12,500 GDP per capita
  • Real estate crisis
  • Aging population

Frequently Asked Questions

3 questions

  1. Some economists predict China could overtake the US in total GDP by 2030-2035, though recent slowdowns have pushed estimates further out.

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