International Economics: Data for China

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.

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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$) 7,492,432,097,810 8,461,623,162,714 9,490,602,600,148
Population, total 1,344,130,000.0 1,350,695,000.0 1,357,380,000.0
GDP per capita (current US$) 5,574.2 6,264.6 6,991.9
FDI inflows 280,072,219,149.9 241,213,868,161.4 290,928,431,467.0
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
Imports 459.4 487.7 530.4
Exports 761.8 822.1 886.7
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)
9.8 (import)
8.3 (export)
9.6 (import)
9.2 (export)
9.1 (import)
Other Trade Agreements (Merchandise exports to and imports from developing economies outside region (% of total merchandise exports) 16.4 (export)
15.5 (import)
16.2 (export)
16.0 (import)
16.1 (export)
15.5 (import)
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

Reference

The World Bank. (2015). World Bank Search. Web.

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StudyCorgi. (2021, March 11). International Economics: Data for China. Retrieved from https://studycorgi.com/international-economics-data-for-china/

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"International Economics: Data for China." StudyCorgi, 11 Mar. 2021, studycorgi.com/international-economics-data-for-china/.

1. StudyCorgi. "International Economics: Data for China." March 11, 2021. https://studycorgi.com/international-economics-data-for-china/.


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StudyCorgi. "International Economics: Data for China." March 11, 2021. https://studycorgi.com/international-economics-data-for-china/.

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StudyCorgi. 2021. "International Economics: Data for China." March 11, 2021. https://studycorgi.com/international-economics-data-for-china/.

References

StudyCorgi. (2021) 'International Economics: Data for China'. 11 March.

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