US, UK, India, China – a statistical comparison

Inferences

  1. Chinese GDP is about 6.3 times the size of  Indian GDP
  2. Agriculture GDP and employment account for less than 2% in UK and US. In China and India agriculture GDP % is far less than agriculture occupation %. That means, farmers and agricultural labour are squeezed in favour of services and industry.
  3. The numbers show that China has achieved very low level of poverty in its population. However, poverty line numbers are not strictly comparable from one country to another as the living standards and poverty line definition varies.
US UK China India
GDP (nominal) $ Trillion 18.558 2.849 14.54 2.29
GDP per capita 57,220 43,770 10,501 1,820
GDP by sector (2015)
Agriculture 1.6% 0.6% 9.0% 16.1%
Industry 20.8% 21.0% 40.5% 29.5%
Services 77.6% 78.4% 50.5% 54.4%
Population below poverty line 13.7% 15.0% 5.1% 21.3%
Labour Force (million) 156 31.75 807.202 502.1
Labour force by occupation
Agriculture 0.7% 1.5% 29.5% 49.0%
Industry 12.0% 18.8% 29.9% 20.0%
Services 87.3% 79.7% 40.6% 31.0%

Notes

  1. The year of the data is different for different metrics / countries (all within last 6 years)
  2. Industry  GDP% for UK is addition of two numbers
  3. Services occupation % for US is addition of several numbers

Data Source : Wikipedia

Permanent link to this article: http://new-democrats.com/us-uk-india-china-a-statistical-comparison/

Leave a Reply

Your email address will not be published.

Optimization WordPress Plugins & Solutions by W3 EDGE
%d bloggers like this:
Read more:
What Chameleon BJP said in 2014 about Demonetisation?

"People with small savings and no bank accounts will be targeted. The present scheme does nothing to remove black money...

Getting rich through real estate. Foolhardy or swindling?

Price increase of real estate incidental to that process is nothing but a portion of value created by this labour...

Close