The latest per capita GDP data of China, the United States and Russia, the United States 8290,000, Russia 1360,000, what about China?First of all, let me give you a popular science, per capita GDP refers to the average amount of the total value of goods and services produced by a country or region in a year, which is a key reference for measuring a country's economic development level and people's living standards. Generally speaking, when a country's per capita GDP exceeds the $30,000 mark, it is considered to have crossed the threshold of developed countries. For example, the old European powers such as the United Kingdom, France, and Germany, as well as Canadian partners and Japanese friends, have a per capita GDP of about 30,000 to 40,000 US dollars, and they are firmly on the throne of moderately developed countries. And more powerful players such as Singapore, Switzerland and Luxembourg are small but rich countries, with a per capita GDP of more than $80,000, which is a properly highly developed country.
Now, let's take a look at the GDP per capita of the world's three largest economies. First of all, the United States, which has a large number of people and a strong economy. According to statistics, the latest per capita GDP value released by the United States is as high as 8$290,000, don't look at this figure is quite jaw-dropping, you must know that the United States has 3With a population of more than 300 million, it is indeed a great achievement to achieve such a high per capita GDP on such a large population base. The reason behind this is that the total GDP of the United States in 2023 will reach a staggering 2737 trillion US dollars, simply divided by the number of people, per capita GDP will naturally rise. In addition, last year's U.S. GDP could have such growth, on the one hand, because the Federal Reserve's continuous interest rate hikes made the dollar strong and stimulated the overall economy; On the other hand, although the domestic inflation rate in the United States was high at that time, this promoted people's consumption and further boosted GDP.
Next, look at the fighting nation Russia. Although the conflict between Russia and Ukraine is still fermenting, the economy has not fallen. The total GDP of Russia in 2023 is 199 trillion dollars, according to its 1With a population of 4.6 billion, the per capita GDP is about 1$360,000, maintaining an upper-mid-range level. The secret of this is that Russia, as a major exporter of global commodities, especially energy and food, has made a lot of money in the global energy boom caused by the Russia-Ukraine conflict. Of course, it should also be noted that the war has led to a decrease in the population of Russia, which also indirectly affects the calculation of GDP per capita.
Finally, we come to our great motherland, China. Despite the huge base of Chinese population, China's total GDP will still achieve significant growth in 2023, reaching 126 trillion yuan, with a growth rate of 52%。When converted into US dollars, it is about 17$89 trillion. In this way, China's current per capita GDP is about 1260,000 US dollars, basically at 1 in the past two years$20,000 fluctuates around the city. Why is our per capita GDP relatively stable? The first is affected by the depreciation of the RMB exchange rate, and the second is due to the relatively low domestic price level. However, the upward momentum of Chinese per capita GDP in the future should not be underestimated. With the Fed likely to stop the pace of interest rate hikes this year, the dollar is likely to weaken and the renminbi may appreciate; Coupled with the fact that China's economy is showing strong growth potential in high-end manufacturing and high-tech fields, this means that Chinese per capita GDP has a lot of room for improvement.
Speaking of which, some friends may be curious, when will China enter the ranks of developed countries with a per capita GDP of 30,000 US dollars? If you press 14With a population of 0.9 billion, China wants to reach $30,000 per capita, which means that the total GDP needs to reach 4227 trillion US dollars, which is equivalent to about 40% of the total size of the global economy, can be imagined difficult. Therefore, the most important thing for us is to steadily increase per capita GDP and maintain long-term stable growth, which is the most solid path for China to become a developed country.
To sum up, from the comparison of per capita GDP data of various countries, the United States occupies a high position with its strong economic strength and population advantage, Russia still maintains an upper-middle level despite facing external pressure but relying on rich natural resources, and China is gradually narrowing the gap with developed countries through steady economic development and potential huge growth momentum in the face of a huge population base. Let's look forward to more economic miracles from China in the future!