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it's an overview about where china dominates india and where india beats china
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INDIA AND CHINA
A Economic Comparison
Economy: Overview
• China has a higher GDP
• China has a higher GDP per capita
• China has a lower inflation rate
• China has lower unemployment rate
• China has higher current account balance
• China has higher GINI coefficient than India, which is not good.
GDP TREND SINCE 1980s
GDP PER CAPITA TREND SINCE 1992
Inflation
STATISTICS
CHINA INDIA
GDP >7.5% <5%
GDP PER CAPITA $6747 $1504
UNEMPLOYMENT RATE
4.1% 6%
CURRENT ACCOUNT BALANCE
$202Billions
$-46.9 Billions
GINI COEFFICIENT 47.4 36.8
Demographics: Overview
• China has a larger population but India has a younger population.
• China is more urbanised where as India has greater rural population.
• China has larger labour force.
4th
7th
China India
9.4% 5.7%
11.3% 6.9%
46.7% 40.4%
15.4 % 18.2%
17.2% 28.9%
31%
68%
Health & Education: Overview
• China has higher life expectancy rate and lower infant mortality rate.
• China has higher literacy rate
y
omy
Though the economic growth is less than 5%
New government fills hope for growth and development.