China to Overtake U.S. Economy by 2032

Re:China to Overtake U.S. Economy by 2032 by apatheticonion on Tuesday December 26, 2017 @05:42AM (#16008050)

I'm no economist, but according to this super accurate spreadsheet I made - looks like China will overtake the US 2019.

I make some bad calculations based on bad assumptions. Like GDP = GDP per cap * pop (though it worked out roughly). I took the average yearly growth of US from 2000 - 2016 and the average yearly growth of China from 2000 - 2016, plotted them and compared them.

There is an intersect (China leading) on total GDP in 2019 and an intersect (China leading) of GDP per capita in 2030.

Anyway, here's an image of it: https://imgur.com/vKjJCpN

[ Parent | on HN ]

Re:China to Overtake U.S. Economy by 2032 by votepaunchy on Tuesday December 26, 2017 @08:37AM (#16008523)

You have China’s GDP growth at 16%. Even the Communist party only claims 7%, though that and the reported consistency is doubted by many economists.

[ Parent | on HN ]

Re:China to Overtake U.S. Economy by 2032 by apatheticonion on Tuesday December 26, 2017 @05:39PM (#16011501)

Honestly, I had no idea what I was doing. I just plugged in the numbers I got from Google and hoped they'd paint a picture.

[ Parent | on HN ]