America and China GDP Growth: 1970-2014


by michaelepelosi.mp on Oct 14, 2015 | Views: 394 | Score: 2
American GDP GrowthChina GDP Growth
19700.4319.4
19713.37
19725.263.8
19735.647.9
1974-0.522.3
1975-0.28.7
19765.39-1.6
19774.617.6
19785.5611.88
19793.187.6
1980-0.247.81
19812.595.17
1982-1.919.02
19834.6310.75
19847.2615.21
19854.2413.55
19863.518.93
19873.4611.72
19884.211.3
19893.684.21
19901.923.93
1991-0.079.27
19923.5614.28
19932.7513.94
19944.0413.08
19952.7210.99
19963.89.92
19974.499.23
19984.457.85
19994.697.62
20004.098.43
20010.988.3
20021.799.09
20032.8110.02
20043.7910.08
20053.3511.35
20062.6712.69
20071.7814.19
2008-0.299.62
2009-2.789.23
20102.5310.63
20111.69.48
20122.327.75
20132.227.68
20142.397.35
Year
Growth %
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michaelepelosi.mp
michaelepelosi.mp on Oct 14, 2015 2:24 PM said:

A popular conservative talking point is that China is "eating our lunch." According to GDP growth percentages, China is growing at a much faster rate than America. However, America's total 2014 GDP was roughly 17 million while China's was 10 million. Thus, a growth rate doesn't always tell the entire story. America's GDP is almost equal to that of the European Union while China's is almost half. That should give some perspective.

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