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  #1  
Old Posted Apr 26, 2022, 3:08 PM
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Comparison of US States and Chinese Provinces, 2021

I was looking for metro level data at first, but for China it seemed more like city proper data was available, which is great,
I'm very impressed by the GDP growth of China's provinces and administrative regions. According to the Chinese govt, as of 2021, 4 provinces now have trillion-dollar GDPS, and Guangdong is nearing $2 trillion.

I still feel like these figures do not really accurately portray just how much productivity there is in some of these areas.

For example, Jiangsu, Shanghai and Zheijang are all closely intertwined neighbors that combined have a $3.6T GDP, surpassing California.

Likewise, Guangdong is right next to Hong Kong, and combined, that area is around $2.4 Trillion.

Same for Beijing, Tianjin and Hebei, combined that area is around $1.5 Trillion

So I don't know enough about China's urban areas and their interdependence to say what counts as Metros or CSAs over there, so all I have is province-level data for now, which is still very cool for geeks into this stuff like me.

So here is what we do know.

2021 GDP
United States $24.0 Trillion
China $17.9 Trillion

2021 GDP by State/Province/Administrative Region
California, USA $3.514 Trillion
Texas, USA $2.104 Trillion
Guangdong, China $1.947 Trillion
New York, USA $1.914 Trillion
Jiangsu , China $1.831 Trillion
Shandong, China $1.308 Trillion
Florida, USA $1.286 Trillion
Zheijang, China $1.157 Trillion
Illinois, USA $973.4 Billion
Henan, China $926.9 Billion
Pennsylvania, USA $874.8 Billion
Sichuan, China $847.68 Billion
Hubei, China $787.2 Billion
Fujian, China $768.3 Billion
Ohio, USA $765.0 Billion
Hunan, China $725.0 Billion
Georgia, USA $713.9 Billion
New Jersey, USA $700.1 Billion
Washington, USA $696.7 Billion
North Carolina, USA $684.6 Billion
Shanghai, China $680.2 Billion
Anhui, China $676.2 Billion
Massachusetts, USA $663.7 Billion
Hebei, China $635.8 Billion
Beijing, China $633.9 Billion
Virginia, USA $614.7 Billion
Michigan, USA $592.3 Billion
Shaanxi, China $469.1 Billion
Jiangxi, China $466.2 Billion
Maryland, USA $451.9 Billion
Colorado, USA $440.9 Billion
Chongqing, China $439.0 Billion
Tennessee, USA $439.0 Billion
Indiana, USA $438.0 Billion
Liaoning, China $434.2 Billion
Arizona, USA $429.8 Billion
Minnesota, USA $429.3 Billion
Yunnan, China $427.3 Billion
Guangxi, China $389.4 Billion
Wisconsin, USA $379.9 Billion
Missouri, USA $373.1 Billion
Hong Kong, China $369.7 Billion
Shanxi, China $355.6 Billion
Inner Mongolia, China $322.9 Billion
Connecticut, USA $308.6 Billion
Guizhou, China $308.3 Billion
South Carolina, USA $281.7 Billion
South Carolina, USA $279.4 Billion
Louisiana, USA $267.1 Billion
Alabama, USA $257.4 Billion
Xinjiang, China $251.6 Billion
Tianjin, China $247.0 Billion
Kentucky, USA $244.4 Billion
Helongjiang, China $234.2 Billion
Utah, USA $230.3 Billion
Iowa, USA $225.6 Billion
Oklahoma, USA $218.5 Billion
Jilin, China $208.3 Billion
Nevada, USA $204.3 Billion
Kansas, USA $198.2 Billion
Gansu, China $161.2 Billion
Washington, DC $156.4 Billion
Nebraska, USA $154.1 Billion
Arkansas, USA $154.1 Billion
Mississippi, USA $129.9 Billion
New Mexico, USA $114.6 Billion
New Hampshire, USA $102.4 Billion
Hainan, China $101.9 Billion
Idaho, USA $98.4 Billion
Hawaii, USA $94.9 Billion
West Virginia, USA $91.9 Billion
Delaware, USA $84.2 Billion
Maine, USA $79.1 Billion
Ningxia, China $71.1 Billion
Rhode Island, USA $68.8 Billion
North Dakota, USA $66.3 Billion
South Dakota, USA $62.8 Billion
Montana, USA $61.9 Billion
Alaska, USA $57.9 Billion
Qinghai, China $52.6 Billion
Wyoming, USA $44.3 Billion
Vermont, USA $44.3 Billion
Tibet, China $32.7 Billion
Macau, China $29.2 Billion

https://en.wikipedia.org/wiki/List_o...visions_by_GDP

https://www.bea.gov/sites/default/fi...pstate0322.pdf
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  #2  
Old Posted Apr 26, 2022, 3:45 PM
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So, Missouri's GDP is about the same as Hong Kong.
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  #3  
Old Posted Apr 26, 2022, 4:11 PM
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Guangdong with 126 million is virtually tied with New York at 20 million. This clearly highlights just how productive the US economy is.
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Old Posted Apr 26, 2022, 4:15 PM
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^ But Guangdong is a way funnier name to say
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Old Posted Apr 26, 2022, 4:55 PM
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^ But Guangdong is a way funnier name to say
Facts.
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Old Posted Apr 26, 2022, 5:03 PM
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Quote:
Originally Posted by JManc View Post
Guangdong with 126 million is virtually tied with New York at 20 million. This clearly highlights just how productive the US economy is.
Well, sure, but we've been summarily whalloped over the past decade as far as growth.

2011 GDP(10-year growth rate)
California, USA $2.023 Trillion(+73.7%)
Texas, USA $1.341 Trillion(+56.8%)
New York $1.247 Trillion(+53.4%)
Guangdong $838 Billion(+132.3%)
Jiangsu $759 Billion(+141.2%)
Florida $755.2 Billion
Shandong $711 Billion(+83.9%)
Illinois $692.8 Billion(+40.5%)
Pennsylvania $624.8 Billion(+40.0%)
Ohio $528.1 Billion(+44.8%)
Zheijang $506 Billion(+128.6%)
New Jersey $495.9 Billion(+41.4%)
Virginia $435.1 Billion(+41.1%)
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Old Posted Apr 26, 2022, 5:05 PM
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Quote:
Originally Posted by JManc View Post
Guangdong with 126 million is virtually tied with New York at 20 million. This clearly highlights just how productive the US economy is.
Or that China severely devalues its currency.
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Old Posted Apr 26, 2022, 8:56 PM
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It would be cool if it showed how old the state/ province was. Nevada isn't old and its doing good, there are a lot of new cities in china... I would have never thought Nevada would be more then oregon. Though I can't find oregon lol.
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Old Posted Apr 26, 2022, 9:06 PM
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Quote:
Originally Posted by dimondpark View Post
Well, sure, but we've been summarily whalloped over the past decade as far as growth.

2011 GDP(10-year growth rate)
California, USA $2.023 Trillion(+73.7%)
Texas, USA $1.341 Trillion(+56.8%)
New York $1.247 Trillion(+53.4%)
Guangdong $838 Billion(+132.3%)
Jiangsu $759 Billion(+141.2%)
Florida $755.2 Billion
Shandong $711 Billion(+83.9%)
Illinois $692.8 Billion(+40.5%)
Pennsylvania $624.8 Billion(+40.0%)
Ohio $528.1 Billion(+44.8%)
Zheijang $506 Billion(+128.6%)
New Jersey $495.9 Billion(+41.4%)
Virginia $435.1 Billion(+41.1%)
But China was (and still is) and developing/ emerging economy. The US is an established nature economy. Barring any black swans, China's GDP and regional economies will surpass ours.
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Old Posted Apr 27, 2022, 2:26 AM
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Quote:
Originally Posted by dubu View Post
It would be cool if it showed how old the state/ province was. Nevada isn't old and its doing good, there are a lot of new cities in china... I would have never thought Nevada would be more then oregon. Though I can't find oregon lol.
South Carolina accidently got listed twice by the OP. Oregon falls between SC and LA with 279.4 billion GDP.
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Old Posted Apr 27, 2022, 12:06 PM
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Quote:
Originally Posted by JManc View Post
Guangdong with 126 million is virtually tied with New York at 20 million. This clearly highlights just how productive the US economy is.
It's impressive nonetheless. In the early 1990's, Chinese economy was the size of California's and had a GDP per capita below than half of African countries.

Now Guangdong alone is catching up and reached US$ 15,500 per capita, right on the border of the developed world (around US$ 20,000).
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Old Posted Apr 27, 2022, 2:40 PM
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Originally Posted by dubu View Post
Though I can't find oregon lol.
As SlidellWx pointed out, the second South Carolina in that list is actually Oregon.
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Old Posted Apr 27, 2022, 3:31 PM
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As SlidellWx pointed out, the second South Carolina in that list is actually Oregon.
Yep.someone should tell a mod to change it
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Old Posted Apr 27, 2022, 3:35 PM
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But China was (and still is) and developing/ emerging economy. The US is an established nature economy. Barring any black swans, China's GDP and regional economies will surpass ours.
yes, it is nearly a mathematical certainty.
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Old Posted Apr 27, 2022, 4:15 PM
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yes, it is nearly a mathematical certainty.
Likely to occur, yes, but I wouldn't say it's a certainty. If Japan had stayed on the trajectory it was on in the 1980s and 1990s it would still be at least the second largest economy in the world, and possibly even the largest by now. But we see how that turned out.
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Old Posted Apr 27, 2022, 4:27 PM
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Likely to occur, yes, but I wouldn't say it's a certainty. If Japan had stayed on the trajectory it was on in the 1980s and 1990s it would still be at least the second largest economy in the world, and possibly even the largest by now. But we see how that turned out.
But Japan was only 40% of the size of the US. China is 4x bigger. Moreover, Japan GDP had reached "only" 60% of US GDP in 1995 whereas China is already at 80% and still growing rather fast.

The US surpassed both China and Britain somewhere in the late 1870's. Most projections point China will overtake it in 2028 or 2029, ending 150 years of US lead.
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Old Posted Apr 27, 2022, 4:35 PM
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But Japan was only 40% of the size of the US. China is 4x bigger. Moreover, Japan GDP had reached "only" 60% of US GDP in 1995 whereas China is already at 80% and still growing rather fast.

The US surpassed both China and Britain somewhere in the late 1870's. Most projections point China will overtake it in 2028 or 2029, ending 150 years of US lead.
Japan's was over 70% of the US's economy in 1995, up from less than 60% in the late 80s. So it was rapidly closing the gap until it wasn't. Projections are just guesses about the future, not destiny.
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Old Posted Apr 27, 2022, 5:02 PM
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Japan's was over 70% of the US's economy in 1995, up from less than 60% in the late 80s. So it was rapidly closing the gap until it wasn't. Projections are just guesses about the future, not destiny.
China was at 13% in 2001, 48% in 2011 and 79% in 2021. It's a whole different thing.

And also, China is 11x bigger than Japan. Japan needed to have a GDP per capita 2.5x higher than the American to become bigger, an incredibly formidable task. China only needs to have 1/4 of the US GDP per capita to become bigger. There are several dozens of countries in the world, including Chinese ones (Singapore, Taiwan, Hong Kong), above this threshold.
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Old Posted Apr 27, 2022, 5:28 PM
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China was at 13% in 2001, 48% in 2011 and 79% in 2021. It's a whole different thing.

And also, China is 11x bigger than Japan. Japan needed to have a GDP per capita 2.5x higher than the American to become bigger, an incredibly formidable task. China only needs to have 1/4 of the US GDP per capita to become bigger. There are several dozens of countries in the world, including Chinese ones (Singapore, Taiwan, Hong Kong), above this threshold.
If population were all that is needed to be the largest economy then China and India would already have larger economies than the U.S. Yes, China has grown fast, but there are plenty of reasons to be skeptical of China's ability to overtake the U.S. I don't think it's inevitable. I'm not even trying to be an America booster here. Technically the EU is the largest economy in the world.
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Old Posted Apr 27, 2022, 5:45 PM
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If population were all that is needed to be the largest economy then China and India would already have larger economies than the U.S. Yes, China has grown fast, but there are plenty of reasons to be skeptical of China's ability to overtake the U.S. I don't think it's inevitable. I'm not even trying to be an America booster here. Technically the EU is the largest economy in the world.
It's not all it needs, but it's certainly decisive. Unless China or India is on paleolithic stage, they will necessarily have one of the world's largest economies as they did for most of civilization period.

On the other hand, to be a GDP per capita 2.5x higher than the US, is something very extraordinary and it's so true that no country had reached that. Only Switzerland and Norway is ahead and by a small margin only.

To be 1/4 of the US, well, there are like 40 countries or so at this level. To have one more (China), that's been growing incredibly fast for the past 30-40 years, it's just ordinary news. And needless to mention China had the world's largest economy for pretty much since Christ till 1870.

P.S. EU is at US$ 17 trillion now, behind China (US$ 20 tri) and the US (US$ 25 tri). With Britain, they would be at US$ 20.5 trillion, still behind the US.
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