The chart below provides China GDP per capita data from 1980 to 2020. As the city's per capita GDP grew from $18,000 in 2015 to about $24,000 in 2020, Beijing has become equivalent to a developed economy at an intermediate level. dollar (according to World Bank 2019 on july 2020 publication Data for Hong Kong and Macao are from 2019 World Bank data.. Provinces/SAR Rank GDPpc Reference index Comparable countries If 2020 and 2021’s average GDP growth is around 5 per cent, this would be a “not bad” outcome, said Liu, speaking at an online conference. China aims to quadruple the per capita GDP of the year 2000 by 2020, when the figure is expected to reach US$3,500. CSV XML EXCEL. The latest data on the per capita disposable income for 31 of China’s provincial administrative units indicates that Shanghai, Beijing and Zhejiang province are the three wealthiest regions in the country, with the figure for Shanghai coming in at 58,987.96 yuan (approx. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. India’s per capita GDP, which is a good indicator of the standard of living, is around $2000, one-fifth that of China. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. In the long-term, the Belgium GDP per capita is projected to trend around 47400.00 USD in 2021 and 47800.00 USD in 2022, according to our econometric models. Estimates by world bank since 1960 in nominal terms and since 1990 in ppp terms at current and constant prices. This is an alphabetical list of countries by past and projected Gross Domestic Product per capita, based on the Purchasing Power Parity (PPP) methodology, not on official exchange rates.Values are given in USDs.These figures have been taken from the International Monetary Fund's World Economic Outlook (WEO) Database, October 2020 edition. This puts Beijing at about the level of Portugal or Saudi Arabia with $20,575 and $20,957. Projections by IMF. Meanwhile, a total of 11.86 million new urban jobs were created in 2020, completing 131.8 percent of the target set for the whole year. GDP per capita of Japan in nominal and ppp terms. (ECNS) -- The Chinese GDP per capita will reach $12,803 by 2020 from nearly $7575 in 2014, China Business News reported, citing economic research. GDP per capita is gross domestic product divided by midyear population. China richest city is Beijing with a per capita GDP in 2017 of 20,356. GDP per capita - Forecast 2020-2022. India’s policymakers and political leadership need to focus on these figures. DataBank. “In terms of the government’s vision, they will use these average figures to boost people’s confidence, because the figures are indeed real. GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. GDP per capita of United States in nominal and ppp terms. According to the World Bank, in 2018 the GDP per capita of the U.S., France and Japan reached 62,794 U.S. dollars, 41,464 U.S. dollars and 39,290 U.S. dollars respectively. Top 50 Richest Countries by GDP per Capita Per the reports, the cities' per capita GDP exceeded $23,000, which is equivalent to developed economies at an intermediate level such as Saudi Arabia and Czech Republic. GDP calculations were made on a Purchasing Power Parity (PPP) basis as of October 2020, according to International Monetary Fund’s calculations. Estimates by world bank since 1960 in nominal terms and since 1990 in ppp terms at current and constant prices. Comparisons of national income are also frequently made on the basis of purchasing power parity (PPP), to adjust for differences in the cost of living in different countries. China was widely expected to announce a gross domestic product (GDP) growth target for 2020 of ‘about 6 per cent’ before the outbreak of the coronavirus. In 2013, the municipality's nominal gross domestic product (GDP) was CN￥1.95 trillion (US$314 billion). In the long-term, the China GDP per capita PPP is projected to trend around 17700.00 USD in 2021 and 18210.00 USD in 2022, according to our econometric models. Gross Domestic Product (GDP) per capita shows a country's GDP divided by its total population. Estimates by world bank since 1960 in nominal terms and since 1990 in ppp terms at current and constant prices. USD$9308.15). Beijing aims to maintain its consumer price index increase within 3 percent compared to the prior year, while Shanghai set a target within 2.5 percent, according to the reports. A simple comparison between China's level of GDP per capita and these more mature economies show that the potential of the Chinese economy is still large. All Countries and Economies. Beijing's economy ranks among the most developed and prosperous city in China. The definition of GDP per capita is calculated by dividing GDP over a country's population, so that the number represents the value attributed to each individual person. GDP per capita is often considered an indicator of a country's standard of living; however, this is problematic because GDP per capita is not a measure of personal income. The per capita GDP contribution of Shanghai amounted to around 157,300 yuan in 2019, up from 135,000 yuan in the previous year. These analytical indicators are: annual per capita GDP and GNI (calculated using actual population or annual population estimates from the UN Population Division); annual growth rates of GDP; annual shares in total GDP and total Gross Value added of their respective components; and price trends as defined by the implicit price deflators of GDP. Markets Commodity Currency Government Bond 10y Stock Market. China GDP on a purchasing power parity basis (GDP PPP) reached $25.3 trillion during 2018. Online tool for visualization and analysis. The table below lists countries in the world ranked by GDP at Purchasing Power Parity (PPP) per capita, along with the Nominal GDP per capita. China’s GDP per capita, meanwhile, has been above US$10,000 for two consecutive years – more than tenfold above what it was two decades ago. From our archive Conversations Projections by IMF. Photo taken on Sept. 17, 2020 shows a view of downtown Beijing, capital of China. PPP adjusts for country-specific prices paid for goods and services. GDP per capita in Belgium is expected to reach 46000.00 USD by the end of 2020, according to Trading Economics global macro models and analysts expectations. The country's GDP per capita was below 1,000 U.S. dollars in the year 2000. China's per capita GDP rose from 7,858 yuan in … Per capita GDP in Beijing, China 2010-2019 Distribution of GDP across economic sectors in Beijing, China 2009-2019 GDP growth in Beijing, China 2008-2019, by sector GDP per capita of Germany in nominal and ppp terms. China’s currency has strengthened by about 2% since the end of 2018. GDP per capita comparison to Mainland China,2020. IMF estimates China GDP per capita to be $10,153 during 2019 and $11,014 during 2020. In 2020, China's per capita disposable income rose 2.1 percent to 32,189 yuan, basically keeping pace with the GDP increase, according to NBS data. GDP per capita, PPP (current international $) GDP per capita (current LCU) GDP per capita, PPP (constant 2017 international $) Inflation, GDP deflator (annual %) Oil rents (% of GDP) Download. GDP per capita PPP in China is expected to reach 16450.00 USD by the end of 2020, according to Trading Economics global macro models and analysts expectations. During 2018, China GDP per capita was $9,608. China GDP Per Capita 1980-2020. List of Chinese provinces by 2019 GDP per capita (based on mid-yr pop)Nominal rate: CNY 6.8985 per U.S. dollar; CN￥4.223 per Int'l. It was about 3.43% of the country's total output, and ranked 13th among province-level administrative units. China GDP PPP 1980-2020. The per capita GDP of 14 cities in China reached $20,000 in 2019, with Shenzhen, Wuxi and Suzhou taking the top three spots, according to 21st Century Business Herald. China's GDP per capita reached 70,892 yuan (10,276 U.S. dollars) in 2019, exceeding the 10,000 U.S. dollars benchmark as the country continued to move towards becoming a "moderately prosperous society" in 2020. ... Wangfujing or Sanlitun in Beijing and you'll be greeted by a sea of slightly crumbly six story walk ups, soviet style block houses and demolished migrant slums. Projections by IMF. ... GDP per capita comparison to Mainland China,2020. China's GDP per capita is expected to reach 10,000 U.S. dollars in 2019, Chinese President Xi Jinping said on December 31 when delivering a New Year speech in Beijing. World ... GDP per capita PPP Gross Fixed Capital Formation Gross National Product.