In 2010, the IMF estimate of China's GDP was 5.88 trillion USD, overtaking Japan and thus placing it as the second largest economy based on GDP in the world, behind USA.
GDP stands for Gross Domestic Product and is defined as the total market value of all the goods and services produced within the borders of a nation during a specified period.
Because when you divide their GDP by the number of Chinese people you get a small number. There are a LOT of people in China.
GDP: $3.251 Trillion (2007 Est.)
United states and china United States GDP $14,580,000,000,000 China GDP $7,800,000,000,000
China. China's GDP is 13 trillion whereas the US' GDP is 18 trillion
The country of China has the second largest GDP, or Gross Domestic Product, behind the United States. China's GDP is roughly 8.3 trillion, in U.S. dollar value.
China's GDP is $11.29 trillion (2011 est.) India's GDP is $4.463 trillion ( 2011 est.) Therefore no. India have a lower GDP than China. kingboy190 :)
Because when you divide their GDP by the number of Chinese people you get a small number. There are a LOT of people in China.
GDP: $3.251 Trillion (2007 Est.)
By nominal GDP: U.S. and China. By PPP GDP: U.S. and China.
United states and china United States GDP $14,580,000,000,000 China GDP $7,800,000,000,000
China. China's GDP is 13 trillion whereas the US' GDP is 18 trillion
Do you mean as total gdp? China ofcourse.
The GDP per capita for China in 2008 according to the CIA World Factbook was $6,000 (in US Dollars) ranking China 133rd in the world.
Second largest GDP next to china
The country of China has the second largest GDP, or Gross Domestic Product, behind the United States. China's GDP is roughly 8.3 trillion, in U.S. dollar value.
India Ranks 8th in GDP Nominal basis and 4th ( after US/China/Japan) in PPP basis.
Because of China's secrecy and the unreliability of the figures they publish, it is very difficult to tell how much bigger the GDP of the US is compared to China. Even so, experts estimate that there isn't much difference between both countries and China will have a larger GDP than the US by 2017.