Monday, February 14, 2011

China overtakes Japan as the second biggest economy, US economy is still three times ahead of China. China will require another decade to be as big as US

Source Link: http://www.bbc.co.uk/news/business-12427321

World's 10 biggest economies

  • US
  • China
  • Japan
  • Germany
  • France
  • UK
  • Italy
  • Brazil
  • Canada
  • Russia

Source: IMF 2010


Countries with highest GDP per head of population

  • 1. Qatar: $88,232
  • 2. Luxembourg: $80,304
  • 3. Singapore: $57,238
  • 4. Norway: $52,238
  • 5. Brunei: $47,200
  • 6. US: $47,123
  • ...
  • 20. UK: $35,053
  • 24. Japan: $33,828
  • 93. China $7,518

Source: IMF estimates 2010, done on a purchasing power parity basis, which tries to reflect the cost of living


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