economy
US vs China Economy 2026: GDP, Trade & Growth
The US economy leads in per-capita wealth and technological innovation with a $28.7 trillion GDP, while China's $17.9 trillion GDP represents the world's second-largest economy with faster manufacturing output. The US maintains higher living standards and currency reserve strength, but China dominates in trade volume and manufacturing capacity.
United States Economy
World's largest economy by nominal GDP with advanced financial markets, technological leadership, and high consumer spending
Investors seeking technology exposure, currency stability, and wealth preservation through developed market assets
Score71%
VS
CE
China Economy
World's second-largest economy with rapid industrialization, massive manufacturing base, and emerging tech sector.
Trade participants seeking manufacturing scale, investors targeting emerging consumer growth, and supply chain diversification strategies
Score71%
Quick Answer
AI SummaryThe US economy leads in per-capita wealth and technological innovation with a $28.7 trillion GDP, while China's $17.9 trillion GDP represents the world's second-largest economy with faster manufacturing output. The US maintains higher living standards and currency reserve strength, but China dominates in trade volume and manufacturing capacity.
Our Verdict
AI-assistedThe US economy excels in wealth generation, innovation quality, and per-capita prosperity with superior tech dominance and financial markets. China's economy demonstrates scale advantages in manufacturing, trade connectivity, and absolute patent output. Choose the US economy for investment stability, technology exposure, and currency strength; choose China's economy for manufacturing growth, trade volume participation, and emerging market potential.
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United States Economy
7.4/10
China Economy
7.6/10
C
Choose United States Economy if
Investors seeking technology exposure, currency stability, and wealth preservation through developed market assets
C
Choose China Economy if
Best pickTrade participants seeking manufacturing scale, investors targeting emerging consumer growth, and supply chain diversification strategies
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Key Differences at a Glance
- Nominal GDP:✓ United States Economy wins($28.7 trillion vs $17.9 trillion)
- GDP Per Capita:✓ United States Economy wins($85,900 vs $12,700)
- Manufacturing Output (% of Global):✓ China Economy wins(28% vs 16%)
Key Facts & Figures
312 numeric metrics compared
| Metric | United States Economy | China Economy | Ratio |
|---|---|---|---|
| Total Nominal GDP 2026(USD Trillion) | $30.0-30.5 trillion | — | — |
| Global EV Production Share(%) | 17% | 70% | |
| Global Battery (LFP) Production(%) | ~6% | — | — |
| Global Manufacturing Output(%) | ~16% | 35% | |
| Unemployment Rate 2026 (Projected)(%) | ~3.8-4.0% | — | — |
| Global EV Market Share(%) | 20-25% | 70% | |
| Tariff Impact on GDP (2026 risk)(percentage points reduction) | Moderate exposure | -0.5 to -2% | — |
| Projected GDP Growth Rate 2026(percent) | 2.2% | 4.5-5.0% | |
| Government Defense Expenditure(USD Billions) | $925.8 billion | $296.5 billion | |
| Government Health Expenditure(USD Million) | $4.18 trillion (2024) | $620.1 billion | |
| Tariff Impact Risk on GDP(Percentage Points) | 0.3-0.5% | 0.5-2.0% | |
| Total GDP 2026(USD Trillions) | 30.0+ | $17.9 | |
| Government Defense Expenditure 2024(billion USD) | $925.8 billion | $296.5 billion | |
| Government Health Expenditure 2024(billion USD) | $4,175 billion | $620 billion | |
| Education Expenditure Per Capita 2023(USD) | $4,481 | $525 | |
| EV Production Share(% of global) | ~20% | 70% | |
| Solar Panel Manufacturing(% of global) | 6% | 82% | |
| Tariff Impact Risk 2026(% GDP reduction) | Minimal negative impact | -0.5 to -2.0% | — |
| Global Solar Panel Production(%) | ~10% | ~80% | |
| Potential Tariff Impact on GDP(USD billion) | Minimal (exporter advantage) | $400-800B reduction | — |
| GDP Growth Rate (2026)(%) | 2.0-2.5% | 4.6-4.8% | |
| Defence Expenditure (2024)(billion USD) | €925.8 billion | €296.5 billion | |
| Expected GDP Growth Rate 2026(%) | 2.0-2.5% | — | — |
| Global EV Production Market Share(%) | 25-30% of global EVs | 70% | |
| Solar Panel Production(% of global) | 8-10% | 80%+ | |
| Unemployment Rate Projection(%) | ~4.0% | ~5.2% | |
| Annual Infrastructure Investment(USD billion) | $310 billion | $680 billion | |
| 2026 GDP Growth Target(percent) | 2.0-2.5% | — | — |
| Health Expenditure (Government)(million USD) | $4,175,432 million (2024) | — | — |
| Defense Expenditure(Million Euros) | €925,796.8 million | — | — |
| Per Capita GDP 2026(USD) | $89,000 | $13,500 | |
| Total Government Expenditure 2024(USD Billion) | $10,266.8 | $5,708.7 | |
| Defense Expenditure 2024(USD Billion) | $925.8 | $296.5 | |
| Battery Production (LFP)(Percent (%)) | ~6% of global | — | — |
| Government Defense Expenditure (2024)(billion €) | €925.8 billion | — | — |
| GDP Growth Rate (2026 Target)(%) | 2.0-2.5% | 4.5-5.0% | |
| LFP Battery Production Share(%) | 6% | 94% | |
| Tariff Impact Risk to GDP(percentage points) | Minimal | 0.5-2.0% | |
| AI Adoption Growth Contribution(percentage points) | 0.4-0.6% | 0.2-0.3% | |
| Lithium Iron Phosphate Battery Production(%) | ~15% | 94% | |
| Per Capita GDP (Nominal)(USD) | $89,000+ | — | — |
| Global Solar Panel Production Share(%) | 9% | 82% | |
| Potential Tariff Impact on GDP Growth(percentage points) | 0.2-0.4pp | 0.5-2.0pp | |
| AI Adoption Boost to Growth(Percentage Points) | 0.3-0.5% (from AI investment) | — | — |
| Real GDP Growth Rate 2026(Percent) | 2.2% | 4.2% | |
| Lithium Iron Phosphate Battery Production Share(%) | 4% | 94% | |
| EV Production (Global Share)(%) | 15% | 70% | |
| Solar Panel Production (Global Share)(%) | 12% | 80% | |
| Potential Tariff Impact (2026-2027)(billion USD annual reduction) | $50-150B | $400-800B | |
| PPP-Adjusted GDP 2026(USD trillion) | $31.5 trillion | $45.78 trillion | |
| Projected Annual GDP Growth Rate(percent) | 2.1% | 6.0% | |
| Global Economic Ranking 2026(rank) | 1st | 2nd | |
| Government Debt-to-GDP Ratio(Percent) | 123% (combined public+private+household) | 77% | |
| Population(millions) | 0.34 billion | 1,425 million | |
| Annual R&D Investment(billions USD) | $809 billion | $680 billion | |
| Unemployment Rate Forecast 2026(percent) | ~4.0% | ~5.5% | |
| Average EV Cost (Entry Model)(USD (converted)) | $35,000-45,000 | $16,800 (119,800 yuan) | |
| GDP Per Capita (Nominal)(USD) | $94,430 | $14,874 | |
| GDP Per Capita 2026(USD) | $94,430 | $12,700 | |
| GDP Gap vs Competitor(USD Trillions) | $11.1 trillion ahead | $11.1 trillion behind | |
| Q1 2026 GDP Growth Rate(Percent Year-over-Year) | Data not available | 5.0% | — |
| Q1 2026 Industrial Output Growth(Percent Year-over-Year) | Data not available | 6.1% | — |
| Global Economic Ranking(Rank) | 1st | 2nd | |
| GDP as Percentage of Global Economy(Percent) | ~25-26% of global GDP | ~16-17% of global GDP | |
| Q1 2026 Inflation Rate(Percent) | Data not available | 0.9% CPI | — |
| Global Economic Rank 2026(rank) | 1st | — | — |
| Projected Global Rank 2031(rank) | 1st (maintained) | — | — |
| Expected Consumption Growth 2026(%) | ~1.8% | — | — |
| Share of Global GDP 2026(percent) | 26.2% | — | — |
| Total Nominal GDP (2026)(USD Trillion) | $28.0 trillion | — | — |
| GDP Per Capita (Nominal, 2026)(USD) | $85,000 | — | — |
| Gross Domestic Product (GDP)(USD Trillion) | $27.4 trillion | $18.7 trillion | |
| Government Expenditure(USD Million) | €10,217,935.3 million | — | — |
| Education Expenditure Per Capita(USD) | $3,981 | €467 | |
| Fragile States Index(score) | 44.5 | — | — |
| GDP Growth Rate (YoY)(Percentage) | ~2.8% | — | — |
| Exchange Rate vs Euro(EUR conversion) | 1 EUR = 1.1797 USD | — | — |
| GDP Growth Rate 2026(%) | 2.0-2.4% | 3-4% | |
| Quarterly GDP Growth (Q1 2026)(% (q/q, SAAR)) | 2.0% | Data not available | — |
| GDP per Capita (estimated 2026)(USD) | $96,500+ | $14,800+ | |
| GDP Advantage Over Rival(USD Trillion) | $11.53 trillion lead | 36% smaller than US | — |
| Total Annual GDP(USD trillions) | $27.23 trillion | — | — |
| Government Debt as % of GDP(percent) | 122.27% | — | — |
| Government Expenditure as % of GDP(percent) | 37.74% | — | — |
| Defence Expenditure(USD billions) | $925.8 billion | — | — |
| Projected Economic Growth 2026(percent) | 3.5% | — | — |
| Population (2024)(millions) | 336 million | 1,420 million | |
| Annual Real GDP Growth Rate (2024)(Percent) | 2.8% | — | — |
| Manufacturing Sector Contribution(% of GDP) | 11.8% | 27% | |
| Share of Global GDP(% of world economy) | 25.5% | 14.3% | |
| Median Population Age(Years) | 38.5 years | 38.8 years | |
| Gross Domestic Product (2024)(USD trillions) | $27.4 trillion | — | — |
| Nominal GDP (2025)(USD trillion) | $27.4 trillion | $17.9 trillion | |
| Unemployment Rate (2025)(%) | 4.2% | — | — |
| Inflation Rate (2025)(%) | 2.9% | — | — |
| Annual Automotive Exports(USD billion) | $156 billion | — | — |
| Global Fortune 500 Companies(count) | 167 companies | — | — |
| Exports as % of GDP(percent) | 11.2% | — | — |
| Nominal GDP (2024)(USD Trillions) | $27.4T | $17.9T | |
| Real GDP Growth Rate (2024)(Percent Annual) | 2.1% | 5.2% | |
| GDP Per Capita (2024)(USD) | $82,000 | $12,500 | |
| Foreign Exchange Reserves(USD Trillions) | $0.13T | $3.4T | |
| Unemployment Rate (2024)(Percent) | 4.1% | 5.3% | |
| Global Manufacturing Share(Percent of Global) | 12% | 31% | |
| Tech Sector Market Capitalization(USD Trillions) | $15.2T (Apple, Microsoft, Google, Amazon, Nvidia, Tesla, Broadcom) | $4.8T (Alibaba, Tencent, Meituan weighted total) | |
| Median Population Age(Years) | 38.9 years | 37.4 years (projected 53 by 2050) | |
| Total Exports(USD trillions) | $2.1 trillion | $3.6 trillion | |
| Total GDP 2024(USD Trillion) | $27.4 trillion | — | — |
| GDP Per Capita 2024(USD) | $82,000 | $12,700 | |
| GDP per Capita(USD) | $76,398 | $12,700 | |
| Real GDP Growth Rate (2024)(percent) | 2.8% | 5.0% | |
| Total Merchandise Trade Volume(USD trillion) | $2.4 trillion | — | — |
| Foreign Direct Investment Inflows(USD billions) | $285 billion (2023) | $189B | |
| Nominal Gross Domestic Product(USD trillion) | $27.4 trillion | — | — |
| GDP Per Capita(USD) | $82,500 | — | — |
| Unemployment Rate(%) | 4.1% | — | — |
| Government Debt-to-GDP Ratio(%) | 123% | — | — |
| Average Annual Wage(USD) | $62,400 | — | — |
| Inflation Rate(%) | 2.8% | — | — |
| Population(millions) | 339 million | — | — |
| Global Venture Capital Share(%) | 65% | — | — |
| GDP Growth Rate(%) | 2.5% | 5.0% | |
| Per Capita GDP(USD) | $76,398 | $12,720 | |
| Foreign Exchange Reserves(USD Billion) | $0.13 trillion | $3,200 billion | |
| Total Debt to GDP Ratio(% of GDP) | 129% | 282% | |
| Annual Exports(trillion USD) | $2.1 trillion | $3.6 trillion | |
| R&D Spending(% of GDP) | 3.5% | $652 billion | |
| GDP Growth Rate (2025)(% annual) | 2.1% | — | — |
| Per Capita GDP (PPP)(USD) | $80,412 | — | — |
| E-commerce as % of Retail(percentage) | 16.3% | — | — |
| Government Debt-to-GDP(Percent) | 123% | 77% | |
| Technology Sector Market Cap(USD trillions) | $12.8 trillion | $4.2 trillion | |
| Total GDP (2024)(USD trillions) | $27.4 trillion | — | — |
| Total Population(Millions) | 340 million | 1,420 million | |
| Renewable Energy Share(%) | 21% of electricity | 18% | |
| Nominal GDP(USD Trillion) | $27.4 trillion | $17.9 trillion | |
| Fortune 500 Companies(count) | 135 companies | 142 companies | |
| Total Annual Exports(USD trillion) | $2.1 trillion | $3.8 trillion | |
| National Debt(trillion USD) | $33.2 trillion | $10.8 trillion | |
| Annual GDP Growth Rate(%) | 2.5% | 4.8% | |
| Manufacturing Sector Share(% of GDP) | 11% | 28.4% | |
| Service Sector Share(% of GDP) | 80.1% | 54.8% | |
| Foreign Direct Investment (Annual)(billion USD) | $285 billion | $163 billion | |
| Projected GDP in 2030(USD trillion) | $31.2 trillion | $22.8 trillion | |
| Global Manufacturing Share(%) | 16% | 28% | |
| Trade Surplus/Deficit(USD Billions) | -$73 billion deficit | — | — |
| Manufacturing Output (Global Share)(Percent) | 12% | 28% | |
| Unemployment Rate (2024)(%) | 4.1% | 5.1% | |
| Trade Balance (Annual)(USD Billion) | $-$73 billion | +$632 billion (surplus) | |
| Debt-to-GDP Ratio(percent) | 123% | 282% | |
| Total Merchandise Exports(USD billion) | $2.3T | $1,230 billion | |
| GDP Growth Rate 2023(Percent Annual) | 2.5% | — | — |
| Manufacturing Share of GDP(Percent) | 11.5% | — | — |
| Unemployment Rate 2024(Percent) | 4.1% | — | — |
| Defense Spending(USD billion) | $820 billion | — | — |
| Annual Patent Filings(Count) | 615,000 | 1,542,000 | |
| GDP at Purchasing Power Parity(USD trillion) | $27.4 trillion | $28.3 trillion | |
| Global Export Share(% of global exports) | 8.2% | 14.8% | |
| GDP by Purchasing Power Parity(trillion USD) | $28.0 trillion | $35.5 trillion | |
| Annual Trade Balance(USD billions) | -$773 billion (deficit) | +$632 billion (surplus) | |
| Foreign Direct Investment Annual Inflow(USD Billions) | $285 billion | $189 billion | |
| Annual Real GDP Growth Rate(%) | 2.5% | 5.1% | |
| Trade Balance (2024)(USD Billions) | -$73.1 billion | — | — |
| Working-Age Population Growth Rate(% Annual Change) | +0.4% (growing) | — | — |
| Total GDP (Nominal)(USD Trillion) | $27.9 trillion | $28.7 trillion | |
| Manufacturing Output(USD trillion) | 11% | $4.2 trillion | |
| Average Annual Wage(USD) | $68,420 | $11,500 | |
| Patent Filings (Annual)(millions) | 0.38 million | — | — |
| Annual R&D Spending(USD Billion) | $809 billion | $696 billion | |
| Manufacturing Share of Global Output(percent) | 17% | — | — |
| EV Market Penetration (Domestic)(%) | 9.8% | — | — |
| Stock Market Capitalization (2024)(USD trillions) | $42.8 trillion | $15.2 trillion | |
| Global Manufacturing Output Share(%) | 16.5% | 28.3% | |
| Total Trade Volume (2024)(USD Trillions) | $7.1 trillion | $6.8 trillion | |
| Manufacturing as Percentage of GDP(percent) | 11.8% | — | — |
| Foreign Direct Investment Inflows (2024)(USD Billions) | $285B | $163B | |
| Labor Force Participation Rate(percentage) | 63.0% | — | — |
| Federal/National Debt as % of GDP(percentage) | 123% | — | — |
| Tech Sector Market Capitalization (Top 7 Companies)(USD Trillion) | $14.2 trillion | $2.8 trillion | |
| Average Annual GDP Growth Rate (2010-2023)(%) | 2.4% | 6.8% | |
| Purchasing Power Parity GDP(trillion USD) | $28.2 trillion | $31.6 trillion | |
| Global Economic Share(%) | 26% of world GDP | 16% of world GDP | |
| Foreign Direct Investment Inflow (2023)(USD Billion) | $285 billion | $163 billion | |
| GDP Growth Rate (2024)(%) | 2.5% | — | — |
| Gini Coefficient (Income Inequality)(Index (0-100)) | 0.41 | — | — |
| Healthcare Spending (% of GDP)(%) | 17.3% | — | — |
| Trade Balance(USD Billion) | -$773 billion deficit | +$821 billion surplus | |
| Inflation Rate(%) | 2.4% | 0.2% | |
| Public Debt as Percentage of GDP(%) | 123% | 77% | |
| Patent Filings in Technology(Annual count) | 398,144 | 687,231 | |
| Foreign Direct Investment(billion USD) | $329 billion | $163 billion | |
| Working Age Population(million people) | 170 million workers | 920 million | |
| Nominal GDP (2026)(USD trillion) | $28.7 trillion | $17.9 trillion | |
| Foreign Direct Investment (2025)(USD Billion) | $285 billion | $189 billion | |
| Tech Sector Market Cap(USD trillions) | $12.4 trillion | $3.8 trillion | |
| Global Manufacturing Share (2024)(percent) | 16% | 28% | |
| Patent Filings Annually (2023)(thousand filings) | 615,000 | 1,820,000 | |
| Inflation Rate (2024)(Percent) | 2.6% | 0.2% | |
| Foreign Currency Reserves(USD Trillion) | $130 billion | $3.2 trillion | |
| GDP Per Capita (PPP)(USD) | $76,398 | $12,720 | |
| Manufacturing as % of GDP(Percent (%)) | 11.2% | 29.4% | |
| Patent Filings (2024)(thousands filed) | 415,000 | 1,200,000 | |
| Stock Market Capitalization(trillion USD) | $48.2 trillion | $11.8 trillion | |
| Average Annual Wage (Tech Sector)(USD) | $120,000 | $38,000 | |
| Per Capita Income(USD) | $76,500 | $12,800 | |
| Renewable Energy Capacity(Gigawatts) | 680 GW | 1,480 GW | |
| Global Trade Volume Share(%) | 8.2% | 12.4% | |
| Federal Debt-to-GDP Ratio(%) | 123% | 77% | |
| Total GDP(USD trillions) | $27.4 trillion | $17.9 trillion | |
| Annual Growth Rate(%) | 2.7% | — | — |
| Manufacturing Sector(percent of GDP) | 12% | — | — |
| Technology Sector(percent of GDP) | 12% | — | — |
| World GDP Share(percent) | 32.4% | — | — |
| Healthcare Spending % of GDP(percent) | 16.9% | — | — |
| Renewable Energy Generation(percent) | 21.6% | — | — |
| Share of Global Manufacturing Output(Percent) | 16% | 28% | |
| Nominal GDP (2024)(USD trillions) | $27.4 trillion | $17.9 trillion | |
| Nominal GDP 2026(USD Trillion) | $28.7 trillion | $17.9 trillion | |
| Manufacturing Output Share(% of Global) | 16% | 28% | |
| Tech Sector Market Capitalization(USD trillion) | $12.5 trillion | $4.2 trillion | |
| Projected GDP 2030(USD trillion) | $32 trillion | $24 trillion | |
| Services Sector Share of GDP(%) | 80% | — | — |
| Global GDP Share(%) | 26% | 17% | |
| Nominal Gross Domestic Product(USD trillions) | $28.7 trillion | $17.9 trillion | |
| PPP-Adjusted GDP(trillion USD) | $28.2 trillion | $36.1 trillion | |
| Global Trade Exports(USD Trillions) | $2.1 trillion | $3.6 trillion | |
| Share of Global GDP (2024)(Percent) | 31% | — | — |
| Venture Capital Investment(USD billion) | $189 billion | — | — |
| Total Gross Domestic Product(USD Billions) | $27.4 trillion | — | — |
| Unemployment Rate(percent) | 4.2% | 5.3% | |
| R&D Spending (% of GDP)(percent) | 3.4% | 2.1% | |
| Services Sector Share(percent of GDP) | 82% | — | — |
| Gini Coefficient (Inequality)(0-1 scale) | 41.1 | — | — |
| Gross Domestic Product(USD trillion) | $28.7 trillion | $17.9 trillion | |
| National Debt as % of GDP(percent) | 123% | — | — |
| Average Annual GDP Growth (2015-2024)(Percent) | 2.1% | — | — |
| Gross Domestic Product(USD trillion) | $27.4 trillion | — | — |
| Annual GDP Growth Rate(%) | 2.5% | — | — |
| Gini Coefficient (Income Inequality)(0-1 scale) | 0.41 | — | — |
| Statutory Minimum Wage(USD/hour) | $7.25 | — | — |
| Labor Productivity(USD/hour) | $68.40 | — | — |
| Manufacturing as % of GDP(%) | 11.8% | — | — |
| Venture Capital Investment(USD billion) | $119 billion | — | — |
| Foreign Direct Investment Inflow(USD billion annually) | $285 billion | $163 billion | |
| Annual Merchandise Exports(Trillion USD) | $2.1 trillion | $3.6 trillion | |
| Annual GDP Growth Rate (2020-2026 Average)(percent) | 2.4% | 5.1% | |
| Fortune 500 Tech Companies(companies) | 195 companies | — | — |
| Median Age(years) | 38.7 | 38 years | |
| Tech Patent Filings (Annual)(Count) | 285,000 | 142,000 | |
| EV Production Market Share(% of Global) | 18% | 60% | |
| Total Nominal GDP(USD trillions) | $28.7 trillion | $17.9 trillion | |
| Research & Development Spending(% of GDP) | 3.5% | 2.4% | |
| Average Annual GDP Growth Rate(% per year) | 2.1% | 5.2% | |
| Household Savings Rate(percent of disposable income) | 3.4% | 28% | |
| Patent Filings(millions (2023)) | 0.84 million | 1.59 million | |
| Share of Global Trade(%) | 13.3% | 15.8% | |
| National Debt to GDP Ratio(%) | 123% | 77% | |
| R&D Investment(billion USD annually) | $840 billion | $369 billion | |
| Global Trade Share(% of world trade) | 12.3% | 14.2% | |
| Public Debt-to-GDP Ratio(%) | 123% | 77% | |
| Tech Sector as % of GDP(%) | 8.2% | — | — |
| GDP Per Capita (2024)(USD) | $81,045 | $12,720 | |
| Annual GDP Growth Rate (2024)(Percent (%)) | 2.8% | — | — |
| Global GDP Share (2024)(Percent (%)) | 26.4% | — | — |
| National Debt as Percentage of GDP(%) | 123% | — | — |
| Per Capita GDP (2024)(USD) | $83,250 | $12,720 | |
| Total Exports (2024)(USD trillions) | $2.1 trillion | $3.6 trillion | |
| Foreign Direct Investment Inflow (2024)(USD billions) | $285 billion | $189 billion | |
| Real GDP Growth Rate(%) | 2.1% | 4.1% | |
| Total Trade Volume(USD Trillions) | $7.2 trillion | $8.1 trillion | |
| PPP GDP (Purchasing Power Parity)(USD Trillions) | $28.2T | $35.4T | |
| Manufacturing Output as % of GDP(%) | 11.4% | 29.2% | |
| R&D Spending as % of GDP(%) | 3.45% | 2.89% | |
| Tech Sector Valuation(USD Trillions) | $12.4 trillion | $4.2 trillion | |
| Sovereign Debt to GDP(%) | 123% | 77% | |
| Real GDP Growth Rate (2025)(% annual) | 4.2% | 4.2% | |
| IT Services & Software Exports(USD Billion) | $220 billion | $220 billion | |
| Foreign Direct Investment (2024)(USD Billions) | $189 billion | $189 billion | |
| Projected GDP Growth Rate (2026)(%) | 4.6-4.8% | 4.6-4.8% | |
| Global Solar Panel Manufacturing(%) | 80%+ | 80%+ | |
| Potential GDP Loss from Tariffs(USD Billions) | $400-800B | $400-800B | |
| Projected GDP Growth (2026)(%) | 4.7% | 4.7% | |
| Global Solar Panel Manufacturing Share(%) | 80% | 80% | |
| Total GDP(USD trillion) | $17.9 trillion | $17.9 trillion | |
| Foreign Direct Investment Inflows (Annual)(USD Billion) | $163.5 billion | $163.5 billion | |
| Manufacturing Sector Share of Economy(%) | 28% (diversified) | 28% (diversified) | |
| GDP Per Capita(USD) | $12,700 | $12,700 | |
| Real GDP Growth Rate(%) | 5.0% | 5.0% | |
| Unemployment Rate(%) | 5.1% | 5.1% | |
| Manufacturing Output(% of global share) | 28% | 28% | |
| Foreign Direct Investment Inflows(USD billion) | $189 billion | $189 billion | |
| Population Over 65 Years(Percent) | 14% | 14% | |
| Debt-to-GDP Ratio(%) | 282% | 282% | |
| Trade Balance(USD billion) | +$631 billion (surplus) | +$631 billion (surplus) | |
| Technology & IT Sector as % of GDP(%) | 8.7% | 8.7% | |
| Patent Applications Filed (2023)(Count (thousands)) | 1,750,000 | 1,750,000 | |
| Manufacturing Exports(USD Trillions) | $3.6T | $3.6T | |
| Semiconductor Market Share(Percentage) | 8-10% | 8-10% | |
| Automotive Production(Million vehicles annually) | 30 million | 30 million | |
| Median Age of Population(years) | 38.4 years | 38.4 years | |
| Merchandise Exports(USD Billion) | $1,370 billion | $1,370 billion | |
| Digital Payment Transaction Value(USD trillion) | $12.3 trillion | $12.3 trillion | |
| Average Annual GDP Growth (2020-2026)(Percent) | 5.2% | 5.2% | |
| Global GDP Market Share(percent) | 20.6% | 20.6% | |
| Unemployment Rate 2026(Percent) | 5.1% | 5.1% | |
| GDP (PPP Adjusted)(USD trillions) | $28.7T | $28.7T | |
| Foreign Direct Investment Inflows 2025(USD billions) | $163B | $163B | |
| Semiconductor Export Value (2023)(USD billions) | $90 billion | $90 billion | |
| R&D Spending as % of GDP (2023)(%) | 2.1% | 2.1% | |
| Share of Global Manufacturing(%) | 32% | 32% | |
| Services Sector Contribution(% of GDP) | 47% | 47% | |
| Annual Exports Volume(USD trillions) | $3.6 trillion | $3.6 trillion |
Sourced from publicly available data ·
Key Differences
7 attributes compared head-to-head
China Economy leads
CE
4China EconomyUnited States Economy
Attribute
China Economy
- $28.7 trillion(winner)Nominal GDP$17.9 trillion
- $85,900(winner)GDP Per Capita$12,700
- 16%Manufacturing Output (% of Global)28%(winner)
- $130.6 billionForeign Exchange Reserves$3.28 trillion(winner)
- $7.2 trillionTotal Trade Volume$8.1 trillion(winner)
- $12.4 trillion(winner)Tech Sector Market Cap$4.2 trillion
- 615,000Annual Patent Filings1,542,000(winner)
- Nominal GDP
United States Economy
$28.7 trillion(winner)
China Economy
$17.9 trillion
- GDP Per Capita
United States Economy
$85,900(winner)
China Economy
$12,700
- Manufacturing Output (% of Global)
United States Economy
16%
China Economy
28%(winner)
- Foreign Exchange Reserves
United States Economy
$130.6 billion
China Economy
$3.28 trillion(winner)
- Total Trade Volume
United States Economy
$7.2 trillion
China Economy
$8.1 trillion(winner)
- Tech Sector Market Cap
United States Economy
$12.4 trillion(winner)
China Economy
$4.2 trillion
- Annual Patent Filings
United States Economy
615,000
China Economy
1,542,000(winner)
Full Comparison
| Attribute | United States Economy | China Economy |
|---|---|---|
| Total Nominal GDP 2026(USD Trillion) | $30.0-30.5 trillion | — |
| PPP-Adjusted GDP 2026(USD trillion) | $31.5 trillion | $45.78 trillion(winner) |
| Total Nominal GDP (2026)(USD Trillion) | $28.0 trillion | — |
| Gross Domestic Product (2024)(USD trillions) | $27.4 trillion | — |
| Nominal GDP (2025)(USD trillion) | $27.4 trillion(winner) | $17.9 trillion |
Show 10 more attributesNominal GDP (2024)(USD Trillions) $27.4T $17.9T Total GDP 2024(USD Trillion) $27.4 trillion — Nominal Gross Domestic Product(USD trillion) $27.4 trillion — Total GDP (2024)(USD trillions) $27.4 trillion — GDP by Purchasing Power Parity(trillion USD) $28.0 trillion $35.5 trillion Nominal GDP (2026)(USD trillion) $28.7 trillion $17.9 trillion Nominal GDP 2026(USD Trillion) $28.7 trillion $17.9 trillion PPP GDP (Purchasing Power Parity)(USD Trillions) $28.2T $35.4T Total GDP(USD trillion) $17.9 trillion — GDP (PPP Adjusted)(USD trillions) $28.7T — | ||
| Global EV Production Share(%) | 17% | 70%(winner) |
| Global Battery (LFP) Production(%) | ~6% | — |
| Global Manufacturing Output(%) | ~16% | 35%(winner) |
| Unemployment Rate 2026 (Projected)(%) | ~3.8-4.0% | — |
| Unemployment Rate Projection(%) | ~4.0%(winner) | ~5.2% |
| Unemployment Rate Forecast 2026(percent) | ~4.0%(winner) | ~5.5% |
| Unemployment Rate (2025)(%) | 4.2% | — |
| Unemployment Rate (2024)(Percent) | 4.1%(winner) | 5.3% |
Show 8 more attributesUnemployment Rate(%) 4.1% — Unemployment Rate (2024)(%) 4.1% 5.1% Unemployment Rate 2024(Percent) 4.1% — Labor Force Participation Rate(percentage) 63.0% — Unemployment Rate(percent) 4.2% 5.3% Statutory Minimum Wage(USD/hour) $7.25 — Unemployment Rate(%) 5.1% — Unemployment Rate 2026(Percent) 5.1% — | ||
| Advanced Semiconductor Market Leadership(Qualitative) | Dominant (Intel, TSMC partnership, Samsung); controls cutting-edge nodes | — |
| AI Chip Technology Leadership(competitive ranking) | Global leader in design and manufacturing | Limited by US export controls, advancing in AI adoption |
| Semiconductor & Chip Design Leadership(Qualitative) | Global market leader | — |
| AI Adoption Growth Contribution(percentage points) | 0.4-0.6%(winner) | 0.2-0.3% |
| Tech Sector Market Cap(USD trillions) | $12.4 trillion(winner) | $3.8 trillion |
| Global EV Market Share(%) | 20-25% | 70%(winner) |
| Tariff Impact on GDP (2026 risk)(percentage points reduction) | Moderate exposure | -0.5 to -2% |
| Projected GDP Growth Rate 2026(percent) | 2.2% | 4.5-5.0%(winner) |
| GDP Growth Rate (YoY)(Percentage) | ~2.8% | — |
| Annual Real GDP Growth Rate (2024)(Percent) | 2.8% | — |
| Real GDP Growth Rate (2024)(percent) | 2.8% | 5.0%(winner) |
| GDP Growth Rate(%) | 2.5% | 5.0%(winner) |
Show 6 more attributesGDP Growth Rate (2024)(%) 2.5% — Average Annual GDP Growth (2015-2024)(Percent) 2.1% — Annual GDP Growth Rate(%) 2.5% — Real GDP Growth Rate(%) 2.1% 4.1% Projected GDP Growth Rate (2026)(%) 4.6-4.8% — Real GDP Growth Rate(%) 5.0% — | ||
| Government Defense Expenditure(USD Billions) | $925.8 billion | $296.5 billion(winner) |
| Government Defense Expenditure 2024(billion USD) | $925.8 billion | $296.5 billion(winner) |
| Defence Expenditure (2024)(billion USD) | €925.8 billion | €296.5 billion(winner) |
| Total Government Expenditure 2024(USD Billion) | $10,266.8 | $5,708.7 |
| Government Defense Expenditure (2024)(billion €) | €925.8 billion | — |
Show 1 more attributeGovernment Expenditure(USD Million) €10,217,935.3 million — | ||
| Government Health Expenditure(USD Million) | $4.18 trillion (2024)(winner) | $620.1 billion |
| Tariff Impact Risk on GDP(Percentage Points) | 0.3-0.5%(winner) | 0.5-2.0% |
| Potential Tariff Impact on GDP(USD billion) | Minimal (exporter advantage) | $400-800B reduction |
| Potential GDP Loss from Tariffs(USD Billions) | $400-800B | — |
| Total GDP 2026(USD Trillions) | 30.0+(winner) | $17.9 |
| Total Annual GDP(USD trillions) | $27.23 trillion | — |
| Nominal GDP(USD Trillion) | $27.4 trillion(winner) | $17.9 trillion |
| Total GDP (Nominal)(USD Trillion) | $27.9 trillion | $28.7 trillion(winner) |
| Purchasing Power Parity GDP(trillion USD) | $28.2 trillion | $31.6 trillion(winner) |
Show 4 more attributesTotal GDP(USD trillions) $27.4 trillion $17.9 trillion Nominal GDP (2024)(USD trillions) $27.4 trillion $17.9 trillion Gross Domestic Product(USD trillion) $27.4 trillion — Total Nominal GDP(USD trillions) $28.7 trillion $17.9 trillion | ||
| Government Health Expenditure 2024(billion USD) | $4,175 billion(winner) | $620 billion |
| Education Expenditure Per Capita 2023(USD) | $4,481(winner) | $525 |
| Education Expenditure Per Capita(USD) | $3,981(winner) | €467 |
| EV Production Share(% of global) | ~20% | 70%(winner) |
| Semiconductor Technology Tier(nanometers) | Leading edge (3nm and below) | Restricted to 7nm+ (export controls) |
| Solar Panel Manufacturing(% of global) | 6% | 82%(winner) |
| Tariff Impact Risk 2026(% GDP reduction) | Minimal negative impact | -0.5 to -2.0% |
| Global Solar Panel Production(%) | ~10% | ~80%(winner) |
| Solar Panel Production(% of global) | 8-10% | 80%+(winner) |
| Global Solar Panel Manufacturing(%) | 80%+ | — |
| Semiconductor Technology Leadership(index (0-100)) | Leading in design and manufacturing(winner) | Limited by US export controls |
| GDP Growth Rate (2026)(%) | 2.0-2.5% | 4.6-4.8%(winner) |
| Expected GDP Growth Rate 2026(%) | 2.0-2.5% | — |
| GDP Growth Rate (2026 Target)(%) | 2.0-2.5% | 4.5-5.0%(winner) |
| Real GDP Growth Rate 2026(Percent) | 2.2% | 4.2%(winner) |
| Annual GDP Growth Rate(%) | 2.5% | 4.8%(winner) |
Show 3 more attributesAnnual Real GDP Growth Rate(%) 2.5% 5.1% Annual GDP Growth Rate (2020-2026 Average)(percent) 2.4% 5.1% Annual GDP Growth Rate (2024)(Percent (%)) 2.8% — | ||
| Global EV Production Market Share(%) | 25-30% of global EVs | 70%(winner) |
| Annual Infrastructure Investment(USD billion) | $310 billion | $680 billion(winner) |
| 2026 GDP Growth Target(percent) | 2.0-2.5% | — |
| GDP Growth Rate 2026(%) | 2.0-2.4% | 3-4%(winner) |
| Quarterly GDP Growth (Q1 2026)(% (q/q, SAAR)) | 2.0% | Data not available |
| Health Expenditure (Government)(million USD) | $4,175,432 million (2024) | — |
| Healthcare Spending % of GDP(percent) | 16.9% | — |
| Defense Expenditure(Million Euros) | €925,796.8 million | — |
| Defense Expenditure 2024(USD Billion) | $925.8 | $296.5 |
| Defence Expenditure(USD billions) | $925.8 billion | — |
| Per Capita GDP 2026(USD) | $89,000(winner) | $13,500 |
| Per Capita GDP (Nominal)(USD) | $89,000+ | — |
| Tariff Vulnerability Impact(USD Billions) | Lower exposure | — |
| Potential Tariff Impact (2026-2027)(billion USD annual reduction) | $50-150B(winner) | $400-800B |
| Battery Production (LFP)(Percent (%)) | ~6% of global | — |
| Lithium Iron Phosphate Battery Production(%) | ~15% | 94%(winner) |
| LFP Battery Production Share(%) | 6% | 94%(winner) |
| Tariff Impact Risk to GDP(percentage points) | Minimal(winner) | 0.5-2.0% |
| Global Solar Panel Production Share(%) | 9% | 82%(winner) |
| Global Solar Panel Manufacturing Share(%) | 80% | — |
| Potential Tariff Impact on GDP Growth(percentage points) | 0.2-0.4pp(winner) | 0.5-2.0pp |
| AI Adoption Boost to Growth(Percentage Points) | 0.3-0.5% (from AI investment) | — |
| Lithium Iron Phosphate Battery Production Share(%) | 4% | 94%(winner) |
| EV Production (Global Share)(%) | 15% | 70%(winner) |
| Solar Panel Production (Global Share)(%) | 12% | 80%(winner) |
| Projected Annual GDP Growth Rate(percent) | 2.1% | 6.0%(winner) |
| Projected GDP Growth (2026)(%) | 4.7% | — |
| Global Economic Ranking 2026(rank) | 1st(winner) | 2nd |
| Global Economic Ranking(Rank) | 1st(winner) | 2nd |
| Government Debt-to-GDP Ratio(Percent) | 123% (combined public+private+household) | 77%(winner) |
| Government Debt as % of GDP(percent) | 122.27% | — |
| Government Debt-to-GDP Ratio(%) | 123% | — |
| Total Debt to GDP Ratio(% of GDP) | 129%(winner) | 282% |
| Government Debt-to-GDP(Percent) | 123% | 77%(winner) |
Show 10 more attributesNational Debt(trillion USD) $33.2 trillion $10.8 trillion Federal/National Debt as % of GDP(percentage) 123% — Public Debt as Percentage of GDP(%) 123% 77% Federal Debt-to-GDP Ratio(%) 123% 77% National Debt as % of GDP(percent) 123% — National Debt to GDP Ratio(%) 123% 77% Public Debt-to-GDP Ratio(%) 123% 77% National Debt as Percentage of GDP(%) 123% — Sovereign Debt to GDP(%) 123% 77% Debt-to-GDP Ratio(%) 282% — | ||
| Population(millions) | 0.34 billion | 1,425 million |
| Population (2024)(millions) | 336 million | 1,420 million |
| Median Population Age(Years) | 38.5 years(winner) | 38.8 years |
| Median Population Age(Years) | 38.9 years | 37.4 years (projected 53 by 2050)(winner) |
| Population(millions) | 339 million | — |
Show 4 more attributesTotal Population(Millions) 340 million 1,420 million Median Age(years) 38.7 38 years Population Over 65 Years(Percent) 14% — Median Age of Population(years) 38.4 years — | ||
| Annual R&D Investment(billions USD) | $809 billion(winner) | $680 billion |
| Foreign Direct Investment Annual Inflow(USD Billions) | $285 billion(winner) | $189 billion |
| Venture Capital Investment(USD billion) | $189 billion | — |
| Foreign Direct Investment Inflow(USD billion annually) | $285 billion(winner) | $163 billion |
| Foreign Direct Investment Inflow (2024)(USD billions) | $285 billion(winner) | $189 billion |
Show 1 more attributeForeign Direct Investment Inflows 2025(USD billions) $163B — | ||
| Primary Tech Focus Area | AI, semiconductors, cloud, fintech | EV manufacturing, 5G, solar, semiconductors |
| Average EV Cost (Entry Model)(USD (converted)) | $35,000-45,000 | $16,800 (119,800 yuan)(winner) |
| GDP Per Capita (Nominal)(USD) | $94,430(winner) | $14,874 |
| GDP per Capita (estimated 2026)(USD) | $96,500+(winner) | $14,800+ |
| GDP Per Capita (2024)(USD) | $82,000(winner) | $12,500 |
| GDP per Capita(USD) | $76,398(winner) | $12,700 |
| Per Capita GDP(USD) | $76,398(winner) | $12,720 |
Show 4 more attributesPer Capita GDP (PPP)(USD) $80,412 — GDP Per Capita (PPP)(USD) $76,398 $12,720 Per Capita Income(USD) $76,500 $12,800 Per Capita GDP (2024)(USD) $83,250 $12,720 | ||
| GDP Per Capita 2026(USD) | $94,430(winner) | $12,700 |
| GDP Gap vs Competitor(USD Trillions) | $11.1 trillion ahead(winner) | $11.1 trillion behind |
| Q1 2026 GDP Growth Rate(Percent Year-over-Year) | Data not available | 5.0% |
| Q1 2026 Industrial Output Growth(Percent Year-over-Year) | Data not available | 6.1% |
| GDP as Percentage of Global Economy(Percent) | ~25-26% of global GDP(winner) | ~16-17% of global GDP |
| Q1 2026 Inflation Rate(Percent) | Data not available | 0.9% CPI |
| Inflation Rate (2025)(%) | 2.9% | — |
| Inflation Rate(%) | 2.8% | — |
| Inflation Rate(%) | 2.4% | 0.2%(winner) |
| Inflation Rate (2024)(Percent) | 2.6% | 0.2%(winner) |
| Global Economic Rank 2026(rank) | 1st | — |
| World GDP Share(percent) | 32.4% | — |
| Global GDP Share (2024)(Percent (%)) | 26.4% | — |
| Global GDP Market Share(percent) | 20.6% | — |
| Projected Global Rank 2031(rank) | 1st (maintained) | — |
| Expected Consumption Growth 2026(%) | ~1.8% | — |
| Share of Global GDP 2026(percent) | 26.2% | — |
| Goldman Sachs Growth Forecast 2026(%) | Not specified | — |
| GDP Per Capita (Nominal, 2026)(USD) | $85,000 | — |
| Nominal Gross Domestic Product(USD trillions) | $28.7 trillion(winner) | $17.9 trillion |
| Gross Domestic Product (GDP)(USD Trillion) | $27.4 trillion(winner) | $18.7 trillion |
| Gross Domestic Product(USD trillion) | $28.7 trillion(winner) | $17.9 trillion |
| GDP Per Capita(USD) | $12,700 | — |
| Fragile States Index(score) | 44.5 | — |
| Exchange Rate vs Euro(EUR conversion) | 1 EUR = 1.1797 USD | — |
| GDP Advantage Over Rival(USD Trillion) | $11.53 trillion lead | 36% smaller than US |
| Government Expenditure as % of GDP(percent) | 37.74% | — |
| Projected Economic Growth 2026(percent) | 3.5% | — |
| Manufacturing Sector Contribution(% of GDP) | 11.8% | 27% |
| Manufacturing Sector Share(% of GDP) | 11% | 28.4% |
| Service Sector Share(% of GDP) | 80.1%(winner) | 54.8% |
| Manufacturing Share of GDP(Percent) | 11.5% | — |
| Manufacturing as Percentage of GDP(percent) | 11.8% | — |
Show 8 more attributesManufacturing as % of GDP(Percent (%)) 11.2% 29.4% Manufacturing Sector(percent of GDP) 12% — Technology Sector(percent of GDP) 12% — Services Sector Share(percent of GDP) 82% — Manufacturing as % of GDP(%) 11.8% — Manufacturing Output as % of GDP(%) 11.4% 29.2% Manufacturing Sector Share of Economy(%) 28% (diversified) — Services Sector Contribution(% of GDP) 47% — | ||
| Share of Global GDP(% of world economy) | 25.5%(winner) | 14.3% |
| Global Economic Share(%) | 26% of world GDP(winner) | 16% of world GDP |
| Annual Automotive Exports(USD billion) | $156 billion | — |
| Global Fortune 500 Companies(count) | 167 companies | — |
| Exports as % of GDP(percent) | 11.2% | — |
| Real GDP Growth Rate (2024)(Percent Annual) | 2.1% | 5.2%(winner) |
| Foreign Exchange Reserves(USD Trillions) | $0.13T | $3.4T(winner) |
| Global Manufacturing Share(Percent of Global) | 12% | 31%(winner) |
| Global Manufacturing Output Share(%) | 16.5% | 28.3%(winner) |
| Share of Global Manufacturing Output(Percent) | 16% | 28%(winner) |
| Manufacturing Output(% of global share) | 28% | — |
| Tech Sector Market Capitalization(USD Trillions) | $15.2T (Apple, Microsoft, Google, Amazon, Nvidia, Tesla, Broadcom)(winner) | $4.8T (Alibaba, Tencent, Meituan weighted total) |
| Total Exports(USD trillions) | $2.1 trillion | $3.6 trillion(winner) |
| Total Merchandise Trade Volume(USD trillion) | $2.4 trillion | — |
| Total Annual Exports(USD trillion) | $2.1 trillion | $3.8 trillion(winner) |
| Trade Balance (Annual)(USD Billion) | $-$73 billion | +$632 billion (surplus)(winner) |
| Global Export Share(% of global exports) | 8.2% | 14.8%(winner) |
Show 9 more attributesTotal Trade Volume (2024)(USD Trillions) $7.1 trillion $6.8 trillion Trade Balance(USD Billion) -$773 billion deficit +$821 billion surplus Global Trade Exports(USD Trillions) $2.1 trillion $3.6 trillion Annual Merchandise Exports(Trillion USD) $2.1 trillion $3.6 trillion Share of Global Trade(%) 13.3% 15.8% Total Exports (2024)(USD trillions) $2.1 trillion $3.6 trillion Manufacturing Exports(USD Trillions) $3.6T — Merchandise Exports(USD Billion) $1,370 billion — Annual Exports Volume(USD trillions) $3.6 trillion — | ||
| GDP Per Capita 2024(USD) | $82,000(winner) | $12,700 |
| Foreign Direct Investment Inflows(USD billions) | $285 billion (2023)(winner) | $189B |
| GDP Per Capita(USD) | $82,500 | — |
| Average Annual Wage(USD) | $62,400 | — |
| Global Venture Capital Share(%) | 65% | — |
| R&D Spending(% of GDP) | 3.5% | $652 billion(winner) |
| Annual R&D Spending(USD Billion) | $809 billion(winner) | $696 billion |
| Research & Development Spending(% of GDP) | 3.5%(winner) | 2.4% |
| Foreign Exchange Reserves(USD Billion) | $0.13 trillion | $3,200 billion(winner) |
| Annual Exports(trillion USD) | $2.1 trillion | $3.6 trillion(winner) |
| Annual Trade Balance(USD billions) | -$773 billion (deficit) | +$632 billion (surplus)(winner) |
| Global Trade Share(% of world trade) | 12.3% | 14.2%(winner) |
| GDP Growth Rate (2025)(% annual) | 2.1% | — |
| E-commerce as % of Retail(percentage) | 16.3% | — |
| Tech Sector Valuation(USD Trillions) | $12.4 trillion(winner) | $4.2 trillion |
| Technology Sector Market Cap(USD trillions) | $12.8 trillion(winner) | $4.2 trillion |
| Renewable Energy Share(%) | 21% of electricity(winner) | 18% |
| Fortune 500 Companies(count) | 135 companies | 142 companies(winner) |
| Foreign Direct Investment (Annual)(billion USD) | $285 billion(winner) | $163 billion |
| Foreign Direct Investment(billion USD) | $329 billion(winner) | $163 billion |
| Foreign Direct Investment (2025)(USD Billion) | $285 billion(winner) | $189 billion |
| Foreign Direct Investment (2024)(USD Billions) | $189 billion | — |
| Projected GDP in 2030(USD trillion) | $31.2 trillion(winner) | $22.8 trillion |
| Projected GDP 2030(USD trillion) | $32 trillion(winner) | $24 trillion |
| Global Manufacturing Share(%) | 16% | 28%(winner) |
| Share of Global Manufacturing(%) | 32% | — |
| Trade Surplus/Deficit(USD Billions) | -$73 billion deficit | — |
| Manufacturing Output (Global Share)(Percent) | 12% | 28%(winner) |
| Global Manufacturing Share (2024)(percent) | 16% | 28%(winner) |
| Manufacturing Output Share(% of Global) | 16% | 28%(winner) |
| Debt-to-GDP Ratio(percent) | 123%(winner) | 282% |
| Total Merchandise Exports(USD billion) | $2.3T | $1,230 billion(winner) |
| Trade Balance(USD billion) | +$631 billion (surplus) | — |
| GDP Growth Rate 2023(Percent Annual) | 2.5% | — |
| Average Annual GDP Growth Rate(% per year) | 2.1% | 5.2%(winner) |
| Defense Spending(USD billion) | $820 billion | — |
| Annual Patent Filings(Count) | 615,000 | 1,542,000(winner) |
| GDP at Purchasing Power Parity(USD trillion) | $27.4 trillion | $28.3 trillion(winner) |
| Trade Balance (2024)(USD Billions) | -$73.1 billion | — |
| Global Trade Volume Share(%) | 8.2% | 12.4%(winner) |
| Global Trade Ranking(Position) | 2nd largest exporter (after USA) | — |
| Working-Age Population Growth Rate(% Annual Change) | +0.4% (growing) | — |
| Manufacturing Output(USD trillion) | 11%(winner) | $4.2 trillion |
| Average Annual Wage(USD) | $68,420(winner) | $11,500 |
| Patent Filings (Annual)(millions) | 0.38 million | — |
| Patent Filings in Technology(Annual count) | 398,144 | 687,231(winner) |
| Patent Filings Annually (2023)(thousand filings) | 615,000 | 1,820,000(winner) |
| Patent Filings (2024)(thousands filed) | 415,000 | 1,200,000(winner) |
| R&D Spending (% of GDP)(percent) | 3.4%(winner) | 2.1% |
Show 8 more attributesVenture Capital Investment(USD billion) $119 billion — Tech Patent Filings (Annual)(Count) 285,000 142,000 Patent Filings(millions (2023)) 0.84 million 1.59 million R&D Investment(billion USD annually) $840 billion $369 billion R&D Spending as % of GDP(%) 3.45% 2.89% Technology & IT Sector as % of GDP(%) 8.7% — Patent Applications Filed (2023)(Count (thousands)) 1,750,000 — R&D Spending as % of GDP (2023)(%) 2.1% — | ||
| Manufacturing Share of Global Output(percent) | 17% | — |
| Automotive Production(Million vehicles annually) | 30 million | — |
| EV Market Penetration (Domestic)(%) | 9.8% | — |
| Stock Market Capitalization (2024)(USD trillions) | $42.8 trillion(winner) | $15.2 trillion |
| Foreign Direct Investment Inflows (2024)(USD Billions) | $285B(winner) | $163B |
| Tech Sector Market Capitalization (Top 7 Companies)(USD Trillion) | $14.2 trillion(winner) | $2.8 trillion |
| Tech Sector Market Capitalization(USD trillion) | $12.5 trillion(winner) | $4.2 trillion |
| Average Annual GDP Growth Rate (2010-2023)(%) | 2.4% | 6.8%(winner) |
| Annual Growth Rate(%) | 2.7% | — |
| Average Annual GDP Growth (2020-2026)(Percent) | 5.2% | — |
| Foreign Direct Investment Inflow (2023)(USD Billion) | $285 billion(winner) | $163 billion |
| Gini Coefficient (Income Inequality)(Index (0-100)) | 0.41 | — |
| Healthcare Spending (% of GDP)(%) | 17.3% | — |
| Working Age Population(million people) | 170 million workers | 920 million(winner) |
| Foreign Currency Reserves(USD Trillion) | $130 billion | $3.2 trillion(winner) |
| Stock Market Capitalization(trillion USD) | $48.2 trillion(winner) | $11.8 trillion |
| Average Annual Wage (Tech Sector)(USD) | $120,000(winner) | $38,000 |
| Renewable Energy Capacity(Gigawatts) | 680 GW | 1,480 GW(winner) |
| Renewable Energy Generation(percent) | 21.6% | — |
| Services Sector Share of GDP(%) | 80% | — |
| Global GDP Share(%) | 26%(winner) | 17% |
| PPP-Adjusted GDP(trillion USD) | $28.2 trillion | $36.1 trillion(winner) |
| Share of Global GDP (2024)(Percent) | 31% | — |
| Total Gross Domestic Product(USD Billions) | $27.4 trillion | — |
| Gini Coefficient (Inequality)(0-1 scale) | 41.1 | — |
| Gini Coefficient (Income Inequality)(0-1 scale) | 0.41 | — |
| Labor Productivity(USD/hour) | $68.40 | — |
| Fortune 500 Tech Companies(companies) | 195 companies | — |
| EV Production Market Share(% of Global) | 18% | 60%(winner) |
| Household Savings Rate(percent of disposable income) | 3.4% | 28%(winner) |
| Tech Sector as % of GDP(%) | 8.2% | — |
| GDP Per Capita (2024)(USD) | $81,045(winner) | $12,720 |
| Total Trade Volume(USD Trillions) | $7.2 trillion | $8.1 trillion(winner) |
| Real GDP Growth Rate (2025)(% annual) | 4.2% | — |
| IT Services & Software Exports(USD Billion) | $220 billion | — |
| Semiconductor Market Share(Percentage) | 8-10% | — |
| Advanced Semiconductor Leadership(Market Share %) | Limited by US export controls | — |
| Foreign Direct Investment Inflows (Annual)(USD Billion) | $163.5 billion | — |
| Foreign Direct Investment Inflows(USD billion) | $189 billion | — |
| Digital Payment Transaction Value(USD trillion) | $12.3 trillion | — |
| Semiconductor Export Value (2023)(USD billions) | $90 billion | — |
United States EconomyCChina Economy
Total Nominal GDP 2026(USD Trillion)
$30.0-30.5 trillion
—
PPP-Adjusted GDP 2026(USD trillion)
$31.5 trillion
$45.78 trillion
Total Nominal GDP (2026)(USD Trillion)
$28.0 trillion
—
Gross Domestic Product (2024)(USD trillions)
$27.4 trillion
—
Nominal GDP (2025)(USD trillion)
$27.4 trillion
$17.9 trillion
Show 10 more attributes
Nominal GDP (2024)(USD Trillions)
$27.4T
$17.9T
Total GDP 2024(USD Trillion)
$27.4 trillion
—
Nominal Gross Domestic Product(USD trillion)
$27.4 trillion
—
Total GDP (2024)(USD trillions)
$27.4 trillion
—
GDP by Purchasing Power Parity(trillion USD)
$28.0 trillion
$35.5 trillion
Nominal GDP (2026)(USD trillion)
$28.7 trillion
$17.9 trillion
Nominal GDP 2026(USD Trillion)
$28.7 trillion
$17.9 trillion
PPP GDP (Purchasing Power Parity)(USD Trillions)
$28.2T
$35.4T
Total GDP(USD trillion)
$17.9 trillion
—
GDP (PPP Adjusted)(USD trillions)
$28.7T
—
Global EV Production Share(%)
17%
70%
Global Battery (LFP) Production(%)
~6%
—
Global Manufacturing Output(%)
~16%
35%
Unemployment Rate 2026 (Projected)(%)
~3.8-4.0%
—
Unemployment Rate Projection(%)
~4.0%
~5.2%
Unemployment Rate Forecast 2026(percent)
~4.0%
~5.5%
Unemployment Rate (2025)(%)
4.2%
—
Unemployment Rate (2024)(Percent)
4.1%
5.3%
Show 8 more attributes
Unemployment Rate(%)
4.1%
—
Unemployment Rate (2024)(%)
4.1%
5.1%
Unemployment Rate 2024(Percent)
4.1%
—
Labor Force Participation Rate(percentage)
63.0%
—
Unemployment Rate(percent)
4.2%
5.3%
Statutory Minimum Wage(USD/hour)
$7.25
—
Unemployment Rate(%)
5.1%
—
Unemployment Rate 2026(Percent)
5.1%
—
Advanced Semiconductor Market Leadership(Qualitative)
Dominant (Intel, TSMC partnership, Samsung); controls cutting-edge nodes
—
AI Chip Technology Leadership(competitive ranking)
Global leader in design and manufacturing
Limited by US export controls, advancing in AI adoption
Semiconductor & Chip Design Leadership(Qualitative)
Global market leader
—
AI Adoption Growth Contribution(percentage points)
0.4-0.6%
0.2-0.3%
Tech Sector Market Cap(USD trillions)
$12.4 trillion
$3.8 trillion
Global EV Market Share(%)
20-25%
70%
Tariff Impact on GDP (2026 risk)(percentage points reduction)
Moderate exposure
-0.5 to -2%
Projected GDP Growth Rate 2026(percent)
2.2%
4.5-5.0%
GDP Growth Rate (YoY)(Percentage)
~2.8%
—
Annual Real GDP Growth Rate (2024)(Percent)
2.8%
—
Real GDP Growth Rate (2024)(percent)
2.8%
5.0%
GDP Growth Rate(%)
2.5%
5.0%
Show 6 more attributes
GDP Growth Rate (2024)(%)
2.5%
—
Average Annual GDP Growth (2015-2024)(Percent)
2.1%
—
Annual GDP Growth Rate(%)
2.5%
—
Real GDP Growth Rate(%)
2.1%
4.1%
Projected GDP Growth Rate (2026)(%)
4.6-4.8%
—
Real GDP Growth Rate(%)
5.0%
—
Government Defense Expenditure(USD Billions)
$925.8 billion
$296.5 billion
Government Defense Expenditure 2024(billion USD)
$925.8 billion
$296.5 billion
Defence Expenditure (2024)(billion USD)
€925.8 billion
€296.5 billion
Total Government Expenditure 2024(USD Billion)
$10,266.8
$5,708.7
Government Defense Expenditure (2024)(billion €)
€925.8 billion
—
Show 1 more attribute
Government Expenditure(USD Million)
€10,217,935.3 million
—
Government Health Expenditure(USD Million)
$4.18 trillion (2024)
$620.1 billion
Tariff Impact Risk on GDP(Percentage Points)
0.3-0.5%
0.5-2.0%
Potential Tariff Impact on GDP(USD billion)
Minimal (exporter advantage)
$400-800B reduction
Potential GDP Loss from Tariffs(USD Billions)
$400-800B
—
Total GDP 2026(USD Trillions)
30.0+
$17.9
Total Annual GDP(USD trillions)
$27.23 trillion
—
Nominal GDP(USD Trillion)
$27.4 trillion
$17.9 trillion
Total GDP (Nominal)(USD Trillion)
$27.9 trillion
$28.7 trillion
Purchasing Power Parity GDP(trillion USD)
$28.2 trillion
$31.6 trillion
Show 4 more attributes
Total GDP(USD trillions)
$27.4 trillion
$17.9 trillion
Nominal GDP (2024)(USD trillions)
$27.4 trillion
$17.9 trillion
Gross Domestic Product(USD trillion)
$27.4 trillion
—
Total Nominal GDP(USD trillions)
$28.7 trillion
$17.9 trillion
Government Health Expenditure 2024(billion USD)
$4,175 billion
$620 billion
Education Expenditure Per Capita 2023(USD)
$4,481
$525
Education Expenditure Per Capita(USD)
$3,981
€467
EV Production Share(% of global)
~20%
70%
Semiconductor Technology Tier(nanometers)
Leading edge (3nm and below)
Restricted to 7nm+ (export controls)
Solar Panel Manufacturing(% of global)
6%
82%
Tariff Impact Risk 2026(% GDP reduction)
Minimal negative impact
-0.5 to -2.0%
Global Solar Panel Production(%)
~10%
~80%
Solar Panel Production(% of global)
8-10%
80%+
Global Solar Panel Manufacturing(%)
80%+
—
Semiconductor Technology Leadership(index (0-100))
Leading in design and manufacturing
Limited by US export controls
GDP Growth Rate (2026)(%)
2.0-2.5%
4.6-4.8%
Expected GDP Growth Rate 2026(%)
2.0-2.5%
—
GDP Growth Rate (2026 Target)(%)
2.0-2.5%
4.5-5.0%
Real GDP Growth Rate 2026(Percent)
2.2%
4.2%
Annual GDP Growth Rate(%)
2.5%
4.8%
Show 3 more attributes
Annual Real GDP Growth Rate(%)
2.5%
5.1%
Annual GDP Growth Rate (2020-2026 Average)(percent)
2.4%
5.1%
Annual GDP Growth Rate (2024)(Percent (%))
2.8%
—
Global EV Production Market Share(%)
25-30% of global EVs
70%
Annual Infrastructure Investment(USD billion)
$310 billion
$680 billion
2026 GDP Growth Target(percent)
2.0-2.5%
—
GDP Growth Rate 2026(%)
2.0-2.4%
3-4%
Quarterly GDP Growth (Q1 2026)(% (q/q, SAAR))
2.0%
Data not available
Health Expenditure (Government)(million USD)
$4,175,432 million (2024)
—
Healthcare Spending % of GDP(percent)
16.9%
—
Defense Expenditure(Million Euros)
€925,796.8 million
—
Defense Expenditure 2024(USD Billion)
$925.8
$296.5
Defence Expenditure(USD billions)
$925.8 billion
—
Per Capita GDP 2026(USD)
$89,000
$13,500
Per Capita GDP (Nominal)(USD)
$89,000+
—
Tariff Vulnerability Impact(USD Billions)
Lower exposure
—
Potential Tariff Impact (2026-2027)(billion USD annual reduction)
$50-150B
$400-800B
Battery Production (LFP)(Percent (%))
~6% of global
—
Lithium Iron Phosphate Battery Production(%)
~15%
94%
LFP Battery Production Share(%)
6%
94%
Tariff Impact Risk to GDP(percentage points)
Minimal
0.5-2.0%
Global Solar Panel Production Share(%)
9%
82%
Global Solar Panel Manufacturing Share(%)
80%
—
Potential Tariff Impact on GDP Growth(percentage points)
0.2-0.4pp
0.5-2.0pp
AI Adoption Boost to Growth(Percentage Points)
0.3-0.5% (from AI investment)
—
Lithium Iron Phosphate Battery Production Share(%)
4%
94%
EV Production (Global Share)(%)
15%
70%
Solar Panel Production (Global Share)(%)
12%
80%
Projected Annual GDP Growth Rate(percent)
2.1%
6.0%
Projected GDP Growth (2026)(%)
4.7%
—
Global Economic Ranking 2026(rank)
1st
2nd
Global Economic Ranking(Rank)
1st
2nd
Government Debt-to-GDP Ratio(Percent)
123% (combined public+private+household)
77%
Government Debt as % of GDP(percent)
122.27%
—
Government Debt-to-GDP Ratio(%)
123%
—
Total Debt to GDP Ratio(% of GDP)
129%
282%
Government Debt-to-GDP(Percent)
123%
77%
Show 10 more attributes
National Debt(trillion USD)
$33.2 trillion
$10.8 trillion
Federal/National Debt as % of GDP(percentage)
123%
—
Public Debt as Percentage of GDP(%)
123%
77%
Federal Debt-to-GDP Ratio(%)
123%
77%
National Debt as % of GDP(percent)
123%
—
National Debt to GDP Ratio(%)
123%
77%
Public Debt-to-GDP Ratio(%)
123%
77%
National Debt as Percentage of GDP(%)
123%
—
Sovereign Debt to GDP(%)
123%
77%
Debt-to-GDP Ratio(%)
282%
—
Population(millions)
0.34 billion
1,425 million
Population (2024)(millions)
336 million
1,420 million
Median Population Age(Years)
38.5 years
38.8 years
Median Population Age(Years)
38.9 years
37.4 years (projected 53 by 2050)
Population(millions)
339 million
—
Show 4 more attributes
Total Population(Millions)
340 million
1,420 million
Median Age(years)
38.7
38 years
Population Over 65 Years(Percent)
14%
—
Median Age of Population(years)
38.4 years
—
Annual R&D Investment(billions USD)
$809 billion
$680 billion
Foreign Direct Investment Annual Inflow(USD Billions)
$285 billion
$189 billion
Venture Capital Investment(USD billion)
$189 billion
—
Foreign Direct Investment Inflow(USD billion annually)
$285 billion
$163 billion
Foreign Direct Investment Inflow (2024)(USD billions)
$285 billion
$189 billion
Show 1 more attribute
Foreign Direct Investment Inflows 2025(USD billions)
$163B
—
Primary Tech Focus Area
AI, semiconductors, cloud, fintech
EV manufacturing, 5G, solar, semiconductors
Average EV Cost (Entry Model)(USD (converted))
$35,000-45,000
$16,800 (119,800 yuan)
GDP Per Capita (Nominal)(USD)
$94,430
$14,874
GDP per Capita (estimated 2026)(USD)
$96,500+
$14,800+
GDP Per Capita (2024)(USD)
$82,000
$12,500
GDP per Capita(USD)
$76,398
$12,700
Per Capita GDP(USD)
$76,398
$12,720
Show 4 more attributes
Per Capita GDP (PPP)(USD)
$80,412
—
GDP Per Capita (PPP)(USD)
$76,398
$12,720
Per Capita Income(USD)
$76,500
$12,800
Per Capita GDP (2024)(USD)
$83,250
$12,720
GDP Per Capita 2026(USD)
$94,430
$12,700
GDP Gap vs Competitor(USD Trillions)
$11.1 trillion ahead
$11.1 trillion behind
Q1 2026 GDP Growth Rate(Percent Year-over-Year)
Data not available
5.0%
Q1 2026 Industrial Output Growth(Percent Year-over-Year)
Data not available
6.1%
GDP as Percentage of Global Economy(Percent)
~25-26% of global GDP
~16-17% of global GDP
Q1 2026 Inflation Rate(Percent)
Data not available
0.9% CPI
Inflation Rate (2025)(%)
2.9%
—
Inflation Rate(%)
2.8%
—
Inflation Rate(%)
2.4%
0.2%
Inflation Rate (2024)(Percent)
2.6%
0.2%
Global Economic Rank 2026(rank)
1st
—
World GDP Share(percent)
32.4%
—
Global GDP Share (2024)(Percent (%))
26.4%
—
Global GDP Market Share(percent)
20.6%
—
Projected Global Rank 2031(rank)
1st (maintained)
—
Expected Consumption Growth 2026(%)
~1.8%
—
Share of Global GDP 2026(percent)
26.2%
—
Goldman Sachs Growth Forecast 2026(%)
Not specified
—
GDP Per Capita (Nominal, 2026)(USD)
$85,000
—
Nominal Gross Domestic Product(USD trillions)
$28.7 trillion
$17.9 trillion
Gross Domestic Product (GDP)(USD Trillion)
$27.4 trillion
$18.7 trillion
Gross Domestic Product(USD trillion)
$28.7 trillion
$17.9 trillion
GDP Per Capita(USD)
$12,700
—
Fragile States Index(score)
44.5
—
Exchange Rate vs Euro(EUR conversion)
1 EUR = 1.1797 USD
—
GDP Advantage Over Rival(USD Trillion)
$11.53 trillion lead
36% smaller than US
Government Expenditure as % of GDP(percent)
37.74%
—
Projected Economic Growth 2026(percent)
3.5%
—
Manufacturing Sector Contribution(% of GDP)
11.8%
27%
Manufacturing Sector Share(% of GDP)
11%
28.4%
Service Sector Share(% of GDP)
80.1%
54.8%
Manufacturing Share of GDP(Percent)
11.5%
—
Manufacturing as Percentage of GDP(percent)
11.8%
—
Show 8 more attributes
Manufacturing as % of GDP(Percent (%))
11.2%
29.4%
Manufacturing Sector(percent of GDP)
12%
—
Technology Sector(percent of GDP)
12%
—
Services Sector Share(percent of GDP)
82%
—
Manufacturing as % of GDP(%)
11.8%
—
Manufacturing Output as % of GDP(%)
11.4%
29.2%
Manufacturing Sector Share of Economy(%)
28% (diversified)
—
Services Sector Contribution(% of GDP)
47%
—
Share of Global GDP(% of world economy)
25.5%
14.3%
Global Economic Share(%)
26% of world GDP
16% of world GDP
Annual Automotive Exports(USD billion)
$156 billion
—
Global Fortune 500 Companies(count)
167 companies
—
Exports as % of GDP(percent)
11.2%
—
Real GDP Growth Rate (2024)(Percent Annual)
2.1%
5.2%
Foreign Exchange Reserves(USD Trillions)
$0.13T
$3.4T
Global Manufacturing Share(Percent of Global)
12%
31%
Global Manufacturing Output Share(%)
16.5%
28.3%
Share of Global Manufacturing Output(Percent)
16%
28%
Manufacturing Output(% of global share)
28%
—
Tech Sector Market Capitalization(USD Trillions)
$15.2T (Apple, Microsoft, Google, Amazon, Nvidia, Tesla, Broadcom)
$4.8T (Alibaba, Tencent, Meituan weighted total)
Total Exports(USD trillions)
$2.1 trillion
$3.6 trillion
Total Merchandise Trade Volume(USD trillion)
$2.4 trillion
—
Total Annual Exports(USD trillion)
$2.1 trillion
$3.8 trillion
Trade Balance (Annual)(USD Billion)
$-$73 billion
+$632 billion (surplus)
Global Export Share(% of global exports)
8.2%
14.8%
Show 9 more attributes
Total Trade Volume (2024)(USD Trillions)
$7.1 trillion
$6.8 trillion
Trade Balance(USD Billion)
-$773 billion deficit
+$821 billion surplus
Global Trade Exports(USD Trillions)
$2.1 trillion
$3.6 trillion
Annual Merchandise Exports(Trillion USD)
$2.1 trillion
$3.6 trillion
Share of Global Trade(%)
13.3%
15.8%
Total Exports (2024)(USD trillions)
$2.1 trillion
$3.6 trillion
Manufacturing Exports(USD Trillions)
$3.6T
—
Merchandise Exports(USD Billion)
$1,370 billion
—
Annual Exports Volume(USD trillions)
$3.6 trillion
—
GDP Per Capita 2024(USD)
$82,000
$12,700
Foreign Direct Investment Inflows(USD billions)
$285 billion (2023)
$189B
GDP Per Capita(USD)
$82,500
—
Average Annual Wage(USD)
$62,400
—
Global Venture Capital Share(%)
65%
—
R&D Spending(% of GDP)
3.5%
$652 billion
Annual R&D Spending(USD Billion)
$809 billion
$696 billion
Research & Development Spending(% of GDP)
3.5%
2.4%
Foreign Exchange Reserves(USD Billion)
$0.13 trillion
$3,200 billion
Annual Exports(trillion USD)
$2.1 trillion
$3.6 trillion
Annual Trade Balance(USD billions)
-$773 billion (deficit)
+$632 billion (surplus)
Global Trade Share(% of world trade)
12.3%
14.2%
GDP Growth Rate (2025)(% annual)
2.1%
—
E-commerce as % of Retail(percentage)
16.3%
—
Tech Sector Valuation(USD Trillions)
$12.4 trillion
$4.2 trillion
Technology Sector Market Cap(USD trillions)
$12.8 trillion
$4.2 trillion
Renewable Energy Share(%)
21% of electricity
18%
Fortune 500 Companies(count)
135 companies
142 companies
Foreign Direct Investment (Annual)(billion USD)
$285 billion
$163 billion
Foreign Direct Investment(billion USD)
$329 billion
$163 billion
Foreign Direct Investment (2025)(USD Billion)
$285 billion
$189 billion
Foreign Direct Investment (2024)(USD Billions)
$189 billion
—
Projected GDP in 2030(USD trillion)
$31.2 trillion
$22.8 trillion
Projected GDP 2030(USD trillion)
$32 trillion
$24 trillion
Global Manufacturing Share(%)
16%
28%
Share of Global Manufacturing(%)
32%
—
Trade Surplus/Deficit(USD Billions)
-$73 billion deficit
—
Manufacturing Output (Global Share)(Percent)
12%
28%
Global Manufacturing Share (2024)(percent)
16%
28%
Manufacturing Output Share(% of Global)
16%
28%
Debt-to-GDP Ratio(percent)
123%
282%
Total Merchandise Exports(USD billion)
$2.3T
$1,230 billion
Trade Balance(USD billion)
+$631 billion (surplus)
—
GDP Growth Rate 2023(Percent Annual)
2.5%
—
Average Annual GDP Growth Rate(% per year)
2.1%
5.2%
Defense Spending(USD billion)
$820 billion
—
Annual Patent Filings(Count)
615,000
1,542,000
GDP at Purchasing Power Parity(USD trillion)
$27.4 trillion
$28.3 trillion
Trade Balance (2024)(USD Billions)
-$73.1 billion
—
Global Trade Volume Share(%)
8.2%
12.4%
Global Trade Ranking(Position)
2nd largest exporter (after USA)
—
Working-Age Population Growth Rate(% Annual Change)
+0.4% (growing)
—
Manufacturing Output(USD trillion)
11%
$4.2 trillion
Average Annual Wage(USD)
$68,420
$11,500
Patent Filings (Annual)(millions)
0.38 million
—
Patent Filings in Technology(Annual count)
398,144
687,231
Patent Filings Annually (2023)(thousand filings)
615,000
1,820,000
Patent Filings (2024)(thousands filed)
415,000
1,200,000
R&D Spending (% of GDP)(percent)
3.4%
2.1%
Show 8 more attributes
Venture Capital Investment(USD billion)
$119 billion
—
Tech Patent Filings (Annual)(Count)
285,000
142,000
Patent Filings(millions (2023))
0.84 million
1.59 million
R&D Investment(billion USD annually)
$840 billion
$369 billion
R&D Spending as % of GDP(%)
3.45%
2.89%
Technology & IT Sector as % of GDP(%)
8.7%
—
Patent Applications Filed (2023)(Count (thousands))
1,750,000
—
R&D Spending as % of GDP (2023)(%)
2.1%
—
Manufacturing Share of Global Output(percent)
17%
—
Automotive Production(Million vehicles annually)
30 million
—
EV Market Penetration (Domestic)(%)
9.8%
—
Stock Market Capitalization (2024)(USD trillions)
$42.8 trillion
$15.2 trillion
Foreign Direct Investment Inflows (2024)(USD Billions)
$285B
$163B
Tech Sector Market Capitalization (Top 7 Companies)(USD Trillion)
$14.2 trillion
$2.8 trillion
Tech Sector Market Capitalization(USD trillion)
$12.5 trillion
$4.2 trillion
Average Annual GDP Growth Rate (2010-2023)(%)
2.4%
6.8%
Annual Growth Rate(%)
2.7%
—
Average Annual GDP Growth (2020-2026)(Percent)
5.2%
—
Foreign Direct Investment Inflow (2023)(USD Billion)
$285 billion
$163 billion
Gini Coefficient (Income Inequality)(Index (0-100))
0.41
—
Healthcare Spending (% of GDP)(%)
17.3%
—
Working Age Population(million people)
170 million workers
920 million
Foreign Currency Reserves(USD Trillion)
$130 billion
$3.2 trillion
Stock Market Capitalization(trillion USD)
$48.2 trillion
$11.8 trillion
Average Annual Wage (Tech Sector)(USD)
$120,000
$38,000
Renewable Energy Capacity(Gigawatts)
680 GW
1,480 GW
Renewable Energy Generation(percent)
21.6%
—
Services Sector Share of GDP(%)
80%
—
Global GDP Share(%)
26%
17%
PPP-Adjusted GDP(trillion USD)
$28.2 trillion
$36.1 trillion
Share of Global GDP (2024)(Percent)
31%
—
Total Gross Domestic Product(USD Billions)
$27.4 trillion
—
Gini Coefficient (Inequality)(0-1 scale)
41.1
—
Gini Coefficient (Income Inequality)(0-1 scale)
0.41
—
Labor Productivity(USD/hour)
$68.40
—
Fortune 500 Tech Companies(companies)
195 companies
—
EV Production Market Share(% of Global)
18%
60%
Household Savings Rate(percent of disposable income)
3.4%
28%
Tech Sector as % of GDP(%)
8.2%
—
GDP Per Capita (2024)(USD)
$81,045
$12,720
Total Trade Volume(USD Trillions)
$7.2 trillion
$8.1 trillion
Real GDP Growth Rate (2025)(% annual)
4.2%
—
IT Services & Software Exports(USD Billion)
$220 billion
—
Semiconductor Market Share(Percentage)
8-10%
—
Advanced Semiconductor Leadership(Market Share %)
Limited by US export controls
—
Foreign Direct Investment Inflows (Annual)(USD Billion)
$163.5 billion
—
Foreign Direct Investment Inflows(USD billion)
$189 billion
—
Digital Payment Transaction Value(USD trillion)
$12.3 trillion
—
Semiconductor Export Value (2023)(USD billions)
$90 billion
—
Pros & Cons
10 pros·4 cons across both
CE
United States Economy
+5-2
Pros
- Highest GDP per capita at $85,900 ensuring strong consumer purchasing power
- $12.4 trillion tech sector market capitalization with Apple, Microsoft, Nvidia dominance
- Reserve currency status with 88% of global payments in USD
- World-leading venture capital ecosystem with $285 billion invested annually
- Strongest sovereign credit rating (AA+) with minimal default risk
Cons
- Slower manufacturing growth at 1.2% annually compared to China's 4.8%
- Federal debt at 123% of GDP creating long-term fiscal challenges
CE
China Economy
+5-2
Pros
- Manufactures 28% of global output versus 16% for US with $4.8 trillion annual production value
- Trade volume of $8.1 trillion with 180+ trading partners creating supply chain dependencies
- $3.28 trillion foreign exchange reserves providing economic buffer and lending capacity
- Fastest patent filing rate at 1.542 million annually demonstrating innovation velocity
- Expanding middle class of 550+ million consumers driving domestic consumption growth
Cons
- GDP per capita only $12,700 creating wealth inequality and limited consumer power versus developed nations
- Tech sector restricted from Western markets due to sanctions affecting $4.2 trillion industry
Frequently Asked Questions
5 questions
The US economy is larger by nominal GDP at $28.7 trillion versus China's $17.9 trillion. However, by Purchasing Power Parity (PPP), China's economy reaches $35.4 trillion, making it the largest. The difference reflects currency valuation and cost-of-living adjustments.
Resources & Learn More
Curated sources to dive deeper
Wikipedia
- W
United States Economy on Wikipedia (opens in new tab)
World's largest economy by nominal GDP with advanced financial markets, technological leadership, and high consumer spending
- W
China Economy on Wikipedia (opens in new tab)
World's second-largest economy with rapid industrialization, massive manufacturing base, and emerging tech sector.
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