January 14, 2011

Adjusted purchasing power parity GDP would move China above world per capita average

Corrected purchasing power parity statistics (Penn World Tables version 7 to be released in early February 2011) would increase China's PPP GDP by 47%. China per capita GDP for 2001 woule go from $7,518 (the current estimate in the IMF’s World Economic Outlook) to $11,047.

This would put China ahead of the World per person average of 10,725 China would be between Iran and Brazil in per capita GDP PPP.

China would be at the per capita GDP PPP level of Mexico in 2015 and ahead of Turkey.

In 2020, China would be at the per capita level of Russia. Portugal and Poland.



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