Thursday, 16 June 2011

China's GDP and Annual Growth

Gross domestic product (GDP) is "The market value of all final goods and services produced within a country in a given period".

China's GDP is currently recorded at an astonishing $5.88 trillion by 2010 List by the International Monetary Fund. This is just one position behind the United States of America which has a Gross Domestic Product of $14.7 trillion dollars. It is right to say that it is almost inevitable that China will soon surpass the United States in terms of GDP. The People's Republic of China's Growth is even more staggering than it's GDP, and has an average growth of 10% for the past 30 years.

http://www.imf.org/external/index.htm

Here is an image in reference to China, India and The United States' Gross Domestic Product. 

No comments:

Post a Comment