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02 Jul 2010
China Ranks Third in GDP, Soon to Surpass Japan
by Dragon Team, dragonbn.com
Revised numbers for China's gross domestic product (GDP) released by the National Bureau of Statistics indicate that China ranks third in GDP, slightly behind Japan. The United States is the country with the largest GDP.
China's 2009 GDP was about USD$4.985 trillion, just behind Japan’s 2009 GDP of about USD$5.068 trillion.
According to a Wall Street Journal report, China will likely surpass Japan later this year.
The GDP of the United States is almost three times that of China or Japan at about USD$14.26 trillion.
Note that if the European Union is considered as a single entity, it has a higher GDP than the United States, at about USD$16.447 trillion.
Wall Street Journal, China Realtime Report
National Bureau of Statistics in China GDP Report (in Chinese)
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