China’s top provinces passing Portugal in individual income

In 2018, China’s top 3 city-provinces (Beijing, Shanghai, and Tianjin) are past Portugal on a per capita income exchange rate basis. In purchasing power parity they are at about the level of Spain.

Below there is color coding of the projected per capita income. The reddish is for wealthier than Portugal on an exchange rate basis.
The blue is better than Poland but less than Portugal.
The yellow is better than Russia but less than Poland.

In South America, only Uruguay, Argentina and Chile are a little bit wealthier than Poland on an average individual basis.
In Africa, only the Seychelles is wealthier than Poland on an individual basis.

By 2023, the top 196 million will be at the level of Portugal or wealthier.
By 2023, the top 558 million will be at the level of Poland or wealthier.
By 2023, the top 900 million will be at the level of Russia or wealthier.
The rest of China is at about the level of Brazil, Indonesia and a few at the level of Pakistan. By 2023, the Pakistan level should mostly be gone and the poor provinces will be between Indonesia and Brazil.

55 thoughts on “China’s top provinces passing Portugal in individual income”

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  2. No, their life expectancy will overtake ours in five years and their education is much better: their high schoolers graduate 3 years ahead of ours. They just spend their money more effectively

  3. China underspending for social, education and health even compared to other emerging markets? Have they drank the austerity cool aid too?

  4. By July 1, 2021, every Chinese will have a home, a job, plenty of food, education, safe streets, health and old age care. On that day there will be more homeless, poor, hungry and imprisoned people in America than in China and 450,000,000 urban Chinese will have more net worth and disposable income than the average American. To drive the point home: their mothers and infants will be less likely to die in childbirth, their children will graduate from high school three years ahead of ours–and outlive ours.

  5. No their life expectancy will overtake ours in five years and their education is much better: their high schoolers graduate 3 years ahead of ours. They just spend their money more effectively

  6. China underspending for social education and health even compared to other emerging markets?Have they drank the austerity cool aid too?

  7. By July 1 2021 every Chinese will have a home a job plenty of food education safe streets health and old age care. On that day there will be more homeless poor hungry and imprisoned people in America than in China and 450000000 urban Chinese will have more net worth and disposable income than the average American.To drive the point home: their mothers and infants will be less likely to die in childbirth their children will graduate from high school three years ahead of ours–and outlive ours.”

  8. China is doubling its GDP every 8 years in last 40 years. Their GDP PPP per capita in 2018 is $18000 according to “official” data and will be around $20 000 next year, already pretty developed for me. And I am in camp which believes that they are underestimating their economy real size by 10-30%, so it could be well over $20 000 this year. In about 8 years GDP PPP should be twice as big. As big as today’s South Korea, UK or Japan GDP PPP. Then, when average Chinese will be wealthy and China will add another 80 million educated profesionalls, half of them engineers and scientists, real action in terms on innovation will start. __________________ I know this is not super relevant but I am economy and data buff so I just couldn’t ignore it “In South America, only Uruguay, Argentina and Chile are a little bit wealthier than Poland on an average individual basis. In Africa, only the Seychelles is wealthier than Poland on an individual basis.” Not true Poland per capita wealth is bigger than in Chile, Uruguay, Argentina and Seychelles. Either on PPP, nominal or both. Just checked last projections for 2018. Projections for 2018 GDP(PPP and nominal) which you see in IMF and World bank graphs are also calculated on projected(in 2017) 4% growth for 2018, while Poland economy is growing 5% this year according to newest data from Q1 and Q2. Eastern EU is growing quite fast right now and closing the productivity gap(PPP) with countries like Spain and Italy. If they will grow like that a bit longer, in next few years countries like Poland, Czech Republic, Slovakia, Slovenia, Hungary, Baltic States should overtake them.

  9. China is doubling its GDP every 8 years in last 40 years. Their GDP PPP per capita in 2018 is $18000 according to official”” data and will be around $20 000 next year”” already pretty developed for me.And I am in camp which believes that they are underestimating their economy real size by 10-30{22800fc54956079738b58e74e4dcd846757aa319aad70fcf90c97a58f3119a12} so it could be well over $20 000 this year.In about 8 years GDP PPP should be twice as big. As big as today’s South Korea UK or Japan GDP PPP.Then when average Chinese will be wealthy and China will add another 80 million educated profesionalls half of them engineers and scientists”” real action in terms on innovation will start.__________________I know this is not super relevant but I am economy and data buff so I just couldn’t ignore it””””In South America”” only Uruguay Argentina and Chile are a little bit wealthier than Poland on an average individual basis. In Africa”” only the Seychelles is wealthier than Poland on an individual basis.””””Not truePoland per capita wealth is bigger than in Chile”” Uruguay Argentina and Seychelles.Either on PPP nominal or both. Just checked last projections for 2018.Projections for 2018 GDP(PPP and nominal) which you see in IMF and World bank graphs are also calculated on projected(in 2017) 4{22800fc54956079738b58e74e4dcd846757aa319aad70fcf90c97a58f3119a12} growth for 2018 while Poland economy is growing 5{22800fc54956079738b58e74e4dcd846757aa319aad70fcf90c97a58f3119a12} this year according to newest data from Q1 and Q2. Eastern EU is growing quite fast right now and closing the productivity gap(PPP) with countries like Spain and Italy. If they will grow like that a bit longer in next few years countries like Poland Czech Republic Slovakia Slovenia Hungary”” Baltic States should overtake them.”””

  10. You can google it yourself China spends very little on education, you typically have something like 50 kids per classroom and they don’t have football teams, extracurriculars, after school activities, free tutors etc… Chinese parents spend a lot on education, many pay for cram schools, tutors, music lessons, instruments, sports using their own money the government doesn’t pay for it I’m not sure if they have janitors, but countries like Japan and Korea the students are responsible for things like cleaning the school, repairing and replacing lights, helping out in the cafeteria etc… China spend very little on social services, there are almost no homeless people in China, and the government doesn’t provide much aid to poor people. And for healthcare, healthcare is dirt cheap in China because there are no caps on number of medical school students. Doctors in China go to medschool straight from highschool, the average doctor in China with a 4 year degree has a lower starting salary than the average college bachelors grad. After 4 years med school they compete for specialties, tuition is also far cheaper in China it doesn’t cost like 40k per year like in the US Many students in China pay off their loans after a couple years of working

  11. The Asian Tiger is not to be messed with. China has been in a golden age for some time. I wonder how long it will last.

  12. Maybe a bit less freedom, life like that is hard to imagine to Western societies but Chinese are used to it and they care more about increasing their life standards fast, rather than growing in snail pace like in most western countries now. Just compare how much living standards changed in USA since 1970’s and how much in China. China is the only country in the world in which wealth per person is doubling in just 8 years. You can say that it was and is easy because they started from low level, but most other poor countries need from few decades to even hundreds of years (some African countries) to double their poductivity. Godfree comments are not propaganda, they’re just facts.

  13. You can google it yourselfChina spends very little on education you typically have something like 50 kids per classroom and they don’t have football teams extracurriculars after school activities free tutors etc… Chinese parents spend a lot on education many pay for cram schools tutors music lessons instruments sports using their own money the government doesn’t pay for itI’m not sure if they have janitors but countries like Japan and Korea the students are responsible for things like cleaning the school repairing and replacing lights helping out in the cafeteria etc…China spend very little on social services there are almost no homeless people in China and the government doesn’t provide much aid to poor people. And for healthcare healthcare is dirt cheap in China because there are no caps on number of medical school students. Doctors in China go to medschool straight from highschool the average doctor in China with a 4 year degree has a lower starting salary than the average college bachelors grad. After 4 years med school they compete for specialties tuition is also far cheaper in China it doesn’t cost like 40k per year like in the US Many students in China pay off their loans after a couple years of working

  14. The Asian Tiger is not to be messed with. China has been in a golden age for some time. I wonder how long it will last.

  15. Maybe a bit less freedom life like that is hard to imagine to Western societies but Chinese are used to it and they care more about increasing their life standards fast rather than growing in snail pace like in most western countries now. Just compare how much living standards changed in USA since 1970’s and how much in China.China is the only country in the world in which wealth per person is doubling in just 8 years.You can say that it was and is easy because they started from low level but most other poor countries need from few decades to even hundreds of years (some African countries) to double their poductivity.Godfree comments are not propaganda they’re just facts.

  16. I spent over 35 years lining in a communist country. I am so happy that we have been able to overthrow that. It is an evil ideology. It supresses theirn own people. Communism has killed more people than any other political regime – hundreds of millions. Only fascism is equal or more brutal to their own citizens than communism. I don´t trust Chinese statistics. Only liberal democracy can build sustainable growth and happiness Just look at statistics. Godfree and Mr Dex are either under influence of Chinese and Russian propaganda or they are themselves just communist trolls.

  17. I spent over 35 years lining in a communist country. I am so happy that we have been able to overthrow that. It is an evil ideology. It supresses theirn own people. Communism has killed more people than any other political regime – hundreds of millions. Only fascism is equal or more brutal to their own citizens than communism. I don´t trust Chinese statistics. Only liberal democracy can build sustainable growth and happiness Just look at statistics. Godfree and Mr Dex are either under influence of Chinese and Russian propaganda or they are themselves just communist trolls.

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  19. What you described is not China and thus it’s not relevant here.

    Many democratic countries are failing, killing everywhere. Does that mean all western countries are all crap?

    Stop using ideology to judge China. It fails all the time.

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  22. I spent over 35 years lining in a communist country. I am so happy that we have been able to overthrow that. It is an evil ideology. It supresses theirn own people. Communism has killed more people than any other political regime – hundreds of millions. Only fascism is equal or more brutal to their own citizens than communism. I don´t trust Chinese statistics. Only liberal democracy can build sustainable growth and happiness Just look at statistics. Godfree and Mr Dex are either under influence of Chinese and Russian propaganda or they are themselves just communist trolls.

  23. I spent over 35 years lining in a communist country. I am so happy that we have been able to overthrow that. It is an evil ideology. It supresses theirn own people. Communism has killed more people than any other political regime – hundreds of millions. Only fascism is equal or more brutal to their own citizens than communism. I don´t trust Chinese statistics. Only liberal democracy can build sustainable growth and happiness Just look at statistics. Godfree and Mr Dex are either under influence of Chinese and Russian propaganda or they are themselves just communist trolls.

  24. I spent over 35 years lining in a communist country. I am so happy that we have been able to overthrow that. It is an evil ideology. It supresses theirn own people. Communism has killed more people than any other political regime – hundreds of millions. Only fascism is equal or more brutal to their own citizens than communism. I don´t trust Chinese statistics. Only liberal democracy can build sustainable growth and happiness Just look at statistics. Godfree and Mr Dex are either under influence of Chinese and Russian propaganda or they are themselves just communist trolls.

  25. You can google it yourself China spends very little on education, you typically have something like 50 kids per classroom and they don’t have football teams, extracurriculars, after school activities, free tutors etc… Chinese parents spend a lot on education, many pay for cram schools, tutors, music lessons, instruments, sports using their own money the government doesn’t pay for it I’m not sure if they have janitors, but countries like Japan and Korea the students are responsible for things like cleaning the school, repairing and replacing lights, helping out in the cafeteria etc… China spend very little on social services, there are almost no homeless people in China, and the government doesn’t provide much aid to poor people. And for healthcare, healthcare is dirt cheap in China because there are no caps on number of medical school students. Doctors in China go to medschool straight from highschool, the average doctor in China with a 4 year degree has a lower starting salary than the average college bachelors grad. After 4 years med school they compete for specialties, tuition is also far cheaper in China it doesn’t cost like 40k per year like in the US Many students in China pay off their loans after a couple years of working

  26. You can google it yourselfChina spends very little on education you typically have something like 50 kids per classroom and they don’t have football teams extracurriculars after school activities free tutors etc… Chinese parents spend a lot on education many pay for cram schools tutors music lessons instruments sports using their own money the government doesn’t pay for itI’m not sure if they have janitors but countries like Japan and Korea the students are responsible for things like cleaning the school repairing and replacing lights helping out in the cafeteria etc…China spend very little on social services there are almost no homeless people in China and the government doesn’t provide much aid to poor people. And for healthcare healthcare is dirt cheap in China because there are no caps on number of medical school students. Doctors in China go to medschool straight from highschool the average doctor in China with a 4 year degree has a lower starting salary than the average college bachelors grad. After 4 years med school they compete for specialties tuition is also far cheaper in China it doesn’t cost like 40k per year like in the US Many students in China pay off their loans after a couple years of working

  27. The Asian Tiger is not to be messed with. China has been in a golden age for some time. I wonder how long it will last.

  28. The Asian Tiger is not to be messed with. China has been in a golden age for some time. I wonder how long it will last.

  29. Maybe a bit less freedom, life like that is hard to imagine to Western societies but Chinese are used to it and they care more about increasing their life standards fast, rather than growing in snail pace like in most western countries now. Just compare how much living standards changed in USA since 1970’s and how much in China. China is the only country in the world in which wealth per person is doubling in just 8 years. You can say that it was and is easy because they started from low level, but most other poor countries need from few decades to even hundreds of years (some African countries) to double their poductivity. Godfree comments are not propaganda, they’re just facts.

  30. Maybe a bit less freedom life like that is hard to imagine to Western societies but Chinese are used to it and they care more about increasing their life standards fast rather than growing in snail pace like in most western countries now. Just compare how much living standards changed in USA since 1970’s and how much in China.China is the only country in the world in which wealth per person is doubling in just 8 years.You can say that it was and is easy because they started from low level but most other poor countries need from few decades to even hundreds of years (some African countries) to double their poductivity.Godfree comments are not propaganda they’re just facts.

  31. China is doubling its GDP every 8 years in last 40 years. Their GDP PPP per capita in 2018 is $18000 according to “official” data and will be around $20 000 next year, already pretty developed for me. And I am in camp which believes that they are underestimating their economy real size by 10-30%, so it could be well over $20 000 this year. In about 8 years GDP PPP should be twice as big. As big as today’s South Korea, UK or Japan GDP PPP. Then, when average Chinese will be wealthy and China will add another 80 million educated profesionalls, half of them engineers and scientists, real action in terms on innovation will start. __________________ I know this is not super relevant but I am economy and data buff so I just couldn’t ignore it “In South America, only Uruguay, Argentina and Chile are a little bit wealthier than Poland on an average individual basis. In Africa, only the Seychelles is wealthier than Poland on an individual basis.” Not true Poland per capita wealth is bigger than in Chile, Uruguay, Argentina and Seychelles. Either on PPP, nominal or both. Just checked last projections for 2018. Projections for 2018 GDP(PPP and nominal) which you see in IMF and World bank graphs are also calculated on projected(in 2017) 4% growth for 2018, while Poland economy is growing 5% this year according to newest data from Q1 and Q2. Eastern EU is growing quite fast right now and closing the productivity gap(PPP) with countries like Spain and Italy. If they will grow like that a bit longer, in next few years countries like Poland, Czech Republic, Slovakia, Slovenia, Hungary, Baltic States should overtake them.

  32. China is doubling its GDP every 8 years in last 40 years. Their GDP PPP per capita in 2018 is $18000 according to official”” data and will be around $20 000 next year”” already pretty developed for me.And I am in camp which believes that they are underestimating their economy real size by 10-30{22800fc54956079738b58e74e4dcd846757aa319aad70fcf90c97a58f3119a12} so it could be well over $20 000 this year.In about 8 years GDP PPP should be twice as big. As big as today’s South Korea UK or Japan GDP PPP.Then when average Chinese will be wealthy and China will add another 80 million educated profesionalls half of them engineers and scientists”” real action in terms on innovation will start.__________________I know this is not super relevant but I am economy and data buff so I just couldn’t ignore it””””In South America”” only Uruguay Argentina and Chile are a little bit wealthier than Poland on an average individual basis. In Africa”” only the Seychelles is wealthier than Poland on an individual basis.””””Not truePoland per capita wealth is bigger than in Chile”” Uruguay Argentina and Seychelles.Either on PPP nominal or both. Just checked last projections for 2018.Projections for 2018 GDP(PPP and nominal) which you see in IMF and World bank graphs are also calculated on projected(in 2017) 4{22800fc54956079738b58e74e4dcd846757aa319aad70fcf90c97a58f3119a12} growth for 2018 while Poland economy is growing 5{22800fc54956079738b58e74e4dcd846757aa319aad70fcf90c97a58f3119a12} this year according to newest data from Q1 and Q2. Eastern EU is growing quite fast right now and closing the productivity gap(PPP) with countries like Spain and Italy. If they will grow like that a bit longer in next few years countries like Poland Czech Republic Slovakia Slovenia Hungary”” Baltic States should overtake them.”””

  33. No, their life expectancy will overtake ours in five years and their education is much better: their high schoolers graduate 3 years ahead of ours. They just spend their money more effectively

  34. No their life expectancy will overtake ours in five years and their education is much better: their high schoolers graduate 3 years ahead of ours. They just spend their money more effectively

  35. China underspending for social, education and health even compared to other emerging markets? Have they drank the austerity cool aid too?

  36. China underspending for social education and health even compared to other emerging markets?Have they drank the austerity cool aid too?

  37. By July 1, 2021, every Chinese will have a home, a job, plenty of food, education, safe streets, health and old age care. On that day there will be more homeless, poor, hungry and imprisoned people in America than in China and 450,000,000 urban Chinese will have more net worth and disposable income than the average American. To drive the point home: their mothers and infants will be less likely to die in childbirth, their children will graduate from high school three years ahead of ours–and outlive ours.

  38. By July 1 2021 every Chinese will have a home a job plenty of food education safe streets health and old age care. On that day there will be more homeless poor hungry and imprisoned people in America than in China and 450000000 urban Chinese will have more net worth and disposable income than the average American.To drive the point home: their mothers and infants will be less likely to die in childbirth their children will graduate from high school three years ahead of ours–and outlive ours.”

  39. You can google it yourself

    China spends very little on education, you typically have something like 50 kids per classroom and they don’t have football teams, extracurriculars, after school activities, free tutors etc…

    Chinese parents spend a lot on education, many pay for cram schools, tutors, music lessons, instruments, sports using their own money the government doesn’t pay for it

    I’m not sure if they have janitors, but countries like Japan and Korea the students are responsible for things like cleaning the school, repairing and replacing lights, helping out in the cafeteria etc…

    China spend very little on social services, there are almost no homeless people in China, and the government doesn’t provide much aid to poor people.

    And for healthcare, healthcare is dirt cheap in China because there are no caps on number of medical school students.

    Doctors in China go to medschool straight from highschool, the average doctor in China with a 4 year degree has a lower starting salary than the average college bachelors grad.

    After 4 years med school they compete for specialties, tuition is also far cheaper in China it doesn’t cost like 40k per year like in the US

    Many students in China pay off their loans after a couple years of working

  40. Maybe a bit less freedom, life like that is hard to imagine to Western societies but Chinese are used to it and they care more about increasing their life standards fast, rather than growing in snail pace like in most western countries now. Just compare how much living standards changed in USA since 1970’s and how much in China.

    China is the only country in the world in which wealth per person is doubling in just 8 years.
    You can say that it was and is easy because they started from low level, but most other poor countries need from few decades to even hundreds of years (some African countries) to double their poductivity.
    Godfree comments are not propaganda, they’re just facts.

  41. China is doubling its GDP every 8 years in last 40 years. Their GDP PPP per capita in 2018 is $18000 according to “official” data and will be around $20 000 next year, already pretty developed for me.

    And I am in camp which believes that they are underestimating their economy real size by 10-30%, so it could be well over $20 000 this year.

    In about 8 years GDP PPP should be twice as big. As big as today’s South Korea, UK or Japan GDP PPP.
    Then, when average Chinese will be wealthy and China will add another 80 million educated profesionalls, half of them engineers and scientists, real action in terms on innovation will start.
    __________________

    I know this is not super relevant but I am economy and data buff so I just couldn’t ignore it

    “In South America, only Uruguay, Argentina and Chile are a little bit wealthier than Poland on an average individual basis. In Africa, only the Seychelles is wealthier than Poland on an individual basis.”

    Not true

    Poland per capita wealth is bigger than in Chile, Uruguay, Argentina and Seychelles.
    Either on PPP, nominal or both. Just checked last projections for 2018.
    Projections for 2018 GDP(PPP and nominal) which you see in IMF and World bank graphs are also calculated on projected(in 2017) 4% growth for 2018, while Poland economy is growing 5% this year according to newest data from Q1 and Q2. Eastern EU is growing quite fast right now and closing the productivity gap(PPP) with countries like Spain and Italy. If they will grow like that a bit longer, in next few years countries like Poland, Czech Republic, Slovakia, Slovenia, Hungary, Baltic States should overtake them.

  42. No, their life expectancy will overtake ours in five years and their education is much better: their high schoolers graduate 3 years ahead of ours. They just spend their money more effectively

  43. By July 1, 2021, every Chinese will have a home, a job, plenty of food, education, safe streets, health and old age care.

    On that day there will be more homeless, poor, hungry and imprisoned people in America than in China and 450,000,000 urban Chinese will have more net worth and disposable income than the average American.

    To drive the point home: their mothers and infants will be less likely to die in childbirth, their children will graduate from high school three years ahead of ours–and outlive ours.

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