The values that are displayed below are not all the same years due to the fact that some information was accessible in 2015. These statistics are crucial because it will allow us to compare and contrast the economic power between China and the Netherlands.
Unemployment rate: 6.2% (2016) Employment rate: 6.5% (February, 2016) This statistic is very crucial. A larger unemployment rate would have a huge disadvantage towards the Netherlands. However, the data could increase throughout the years. GDP: GDP (Gross Domestic Product) in the Netherlands was 750.28 Billion US dollars in 2015. In the Netherlands, the GDP value illustrates 1.21% of the world’s economy. The Netherlands GDP per Capita represents 50,800 US dollars (2013). The Netherlands GNI is 779.7 billion PPP dollars (2013) The Netherlands GNI per Capita is 48,860 (2015) The Netherlands Adult Literacy rate is 99% The Netherlands Life expectancy at birth is 81.305% years (2014) The Netherlands HDI is 0.922 (2014) The Netherlands GDP growth rate is 1.1% (2013) The Netherlands GDP growth per capita is 0.9% The Netherlands Annual GDP Growth is 1.4% (2014) The Netherlands is the 7th largest export economy country in the world. The top 5 export destination of the Netherlands are Germany, 21%, Belgium-Luxembourg, 14%, United Kingdom, 10%, France, 6.2%. The top 5 import regions are Germany, 16%, Belgium-Luxembourg, 9.5%, China, 9.1, the United States, 7.7%, Russia, 7.1%. Distribution of family income Gini coefficient: 25.1 (2013) Tax charge: 41.9% of GDP (2016) Population: 16,979,729 (2016) Yearly % change: 0.32% A bigger population meaning large labour force GDP origin: sectors that produced the GDP (Labour force) Agriculture: 1.6% Industry: 17.8% Services: 70.4% (2016) Exports: $460.1 billion (2016) Exports Products: Machinery and equipment, food, oil and gas operations, electronics Export countries: Germany 21%, Belgium-Luxembourg 14%, the United Kingdom 10%, France 6.2%, Italy 5.2% Imports: $376.3 billion (2016) Import Products: Oil and gas operations, electronic equipment, machines, Vehicles Import countries: Germany 21%, Belgium-Luxembourg 14%, China 9.1%, the United States 7.7%, Russia 7.1%. Average household income (yearly): 44.4% Government consumption: 24.9% Investment in fixed capital: 20.3% Investment in inventories: -0.2% Exports Products: 81.6% Imports Products: -71% (2016)
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GDP:
The GDP (Gross Domestic Product) in China was 9.24 trillion USD during 2013. · Chinas GDP per Capita represents 6,807.43 USD (2013) · Chinas GNI is 16.08 trillion PPP dollars (2013) · Chinas GNI per capita is 11,850 PPP dollars (2013) · Chinas Adult Literacy rate is 100% · Chinas Life expectancy at birth is 75.20 years (2012) · Chinas HDI is 75.20 years (2012) · Chinas GDP growth rate is 7.7% annual change (2013) · Chinas GDP growth per capita is 6497.50 US dollars in 2015. · Chinas annual GDP Growth is 6.9% China is eminent to be the largest exporter in the world. The top 5 export regions of China are the United States, 19%, Hong Kong, 12%, Japan, 6.4%, Germany, 4.1%, South Korea, 3.8%. The top 5 import destinations in China are South Korea, 10%, the United States, 10%, Japan, 9.1%, Germany, 6.2%, Other Asia, 5.8%. Distribution of family income Gini coefficient: 47.3 (2013) Tax charge: 21.6% of GDP (2016) Population: 1,382.323.332 (2016) Yearly % change: 0.46%
Agriculture: 33.6% Industry: 30.3% Services: 36.1% (2012) Exports: $2.011 trillion (2016) Exports Products: Machinery equipment, furniture, merchandise Export countries: The United States 19%, Hong Kong 12%, Japan 6.4%, Germany 4.1%, South Korea 3.8% Imports: $1.437 trillion (2016) Import Products: Machinery, oil and gas operations, metal ores, medical equipment Import countries: South Korea 10%, the United States 10%, Japan 9.1%, Germany 6.2%, Other Asia 5.8% Average household income: 38.7% When you convert the average annual household income that is being earned in China into US Dollars then it would be about $10,220. This is very little because when this digit is compared with the average annual household income of the United States there would be a $74,080-dollar difference because in the United States the average is at $84,300. The average family’s assets in China are about eight times less than the average income of the United States Government consumption: 14.2% Investment in fixed capital: 42.3% Investment in inventories: 1.5% Exports Products: 20.5% Imports Products: -17.2% (2016) Unemployment rate: 4.2% (2016) Ethnicity: In the year of 2010 about 91.51% of the Chinese population was put under the category of Han Chinese. Due to the fact that China is such a large country with a large population, 91.51% is equal to about 1.5 billion people. There are 55 other ethnic groups that are recognised in China by the PRC government. The PRC is the Peoples Republic of China and they have said that there are 105 million Chinese people that are still being classified into an ethnic group. These people are mostly concentrated in the southwest, south, north and the northeast. Only some are in central interior areas. Income: About 40 percent of the Chinese population is under the low income bracket. They have an income below $2,100 USD. However, this number is supposed to reduce down to 11 percent by the year of 2030. This is due to the fact that people are now starting to move into the lower middle income group. This group earns an annual amount of ($2,100 USD - $10,800 USD). |
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