At its peak the USSR was about 50% of the GDP of the USA. At the end of 2012, China, Hong Kong and Macau GDP will be about $8.3 trillion. The USA will have about $15.6 trillion. China will be about 53.2% of the US economy. China’s nominal GDP compared to the USA is passing the peak level of the Soviet Union nominal GDP estimate compared to the USA.
Macau had 20.7% GDP growth in 2011, and is projected to have 18% in 2012 and 14.4% in 2013 Macau had GDP of $36.1 billion at the end of 2011. At the end of 2012 it would have 43 billion in GDP and 50 billion at the end of 2013.
China has 3 times as much GDP now than the combined countries that make up the old Soviet Union (if they were still unified.)
On a purchasing power parity basis China has 3.5 to 7 times the PPP GDP of the soviet union. China has 4.75 times as much population.
GDP estimates from wikipedia This GDP table is in billions.
|Country||GDP (2012 nominal)||GDP (2013 nominal)||PPP 2012||Population|
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
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