The table below presents the World Bank data for China within the years of 2011, 2012, and 2013. The choice of years for this paper was based on the fact that 2011-2013 are quite recent, and therefore, they provide a reflection of the latest changes and events in the selected country’s economy. In addition, the chosen three years are a sequence. This aspect was also picked intentionally as the years represent a cohesive period of time which reflects the groups of numerical data that represent the economic performance of the country during a continued term without gaps.
specifically for you
for only $16.05 $11/page
China was chosen for the paper because it is one of the world’s strongest and fastest developing economies; therefore, it is interesting to follow its results on a year by year basis and track changes. Unfortunately, some numbers were absent from the World Bank web portal, and that is why several cells of the table below say “not available”.
|Data / Year||2011||2012||2013|
|GDP (current US$)||7,492,432,097,810||8,461,623,162,714||9,490,602,600,148|
|GDP per capita (current US$)||5,574.2||6,264.6||6,991.9|
|FDI outflows (% of GDP)||1.3||1.4||1.7|
|Balance of Payments||136,097,000,000||215,392,000,000||182,807,000,000|
|Exchange Rates and system (LCU per USD)||6.5||6.3||6.2|
|Industry ratios-intraindustry, etc (value added % of GDP)||46.1||45.0||43.7|
|Tariff, all products (%)||7.8||Not available||Not available|
|Trade Rounds, if any||Not available||Not available||Not available|
|Region Trade Agreements (Merchandise exports to and import from developing economies within region (% of total merchandise exports)||7.4 (export) |
|8.3 (export) |
|9.2 (export) |
|Other Trade Agreements (Merchandise exports to and imports from developing economies outside region (% of total merchandise exports)||16.4 (export) |
|16.2 (export) |
|16.1 (export) |
|Trade to GDP ratio||48.8||45.7||43.9|
|Comparative Advantage/Absolute Advantages||Not available||Not available||Not available|
|Poverty headcount ratio at $1.25 a day (PPP) (% of population)||Not available||Not available||Not available|
The World Bank. (2015). World Bank Search. Web.