GDP growth, United States vs China, 1961 to 2025
GDP growth, United States vs China stood at 2 in 2025, down 22.6% on the previous period.
Annual growth of real gross domestic product for the United States and China, shown together for the decade since 2015. The gap between the two has narrowed: China grew 6.98 percent in 2015 and 4.96 percent in 2024, while US growth has run near 2 to 3 percent outside the pandemic years. The 2020 collapse and 2021 rebound stand out in both economies. The US contracted 2.08 percent in 2020 and rebounded 6.15 percent in 2021, its strongest year in the window; China slowed to 2.34 percent and rebounded 8.57 percent. Figures are World Bank national accounts data, measured in constant local currency.
Why compare growth rates instead of GDP levels?
Why does the comparison start in 2015?
Is this real or nominal growth?
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