was flooded with this good news early this morning: According to preliminary calculations by the National Bureau of Statistics, my country's GDP in 2019 was 99.0865 trillion yuan, ranking second in the world; per capita GDP reached a new level of US$10,000 for the first time.
The improvement of economic data makes every Chinese person deeply proud.
For individuals, they pay more attention to the new achievement of per capita GDP reaching 10,000 US dollars for the first time.
You should know that according to the World Bank's 2015 standards, per capita GDP is lower than US$1,045, low-income countries, low-middle-income countries between US$1,045 and US$4,125, middle-high-income countries, middle-high-income countries between US$4,126 and US$12,735, and high-income countries above US$12,736. I believe that in the near future, we will definitely step into the threshold of high-income countries.
Although the data is exciting, for ordinary people, what does per capita GDP mean? There are even many netizens who are puzzled: the per capita GDP data has exceeded 10,000 US dollars. Does it mean that my income is also high?
Per capita GDP does not represent per capita income
1. What does GDP mean?
GDP is GDP, which generally refers to the sum of the total value of all final products and services produced by a country or region within a certain period of time. It includes three parts: agricultural added value, industrial added value, and service industry added value.
That per capita GDP is the data obtained by dividing the GDP by the total number of people, representing the average contribution value of each resident in a country or region.
2. Per capita GDP and per capita income are not the same concept.
The reason why many netizens have produced "per capita GDP exceeds 10,000 US dollars, why am I still so poor?" is that per capita GDP is equated with per capita income, but in fact, the difference between the two is very far.
Simply put, per capita GDP refers to the wealth created by each person on average, and per capita income is just the distribution of wealth obtained by each person on average. You will find that the wealth created by a person is not the same as the distribution of wealth obtained, right?
Let’s give a simple example to illustrate here. Suppose you, as a sales employee of a company, did a very good job in 2019, sold 100 million yuan worth of goods to the company and brought 20 million yuan in profits, then this 20 million yuan is the wealth you created for the company, but it is not the salary you can get, your salary may be only 1 million yuan. Creating wealth value is different from the income from wealth distribution.
Therefore, per capita GDP does not have a completely corresponding relationship with per capita income, but generally per capita GDP is higher than per capita income. So, if you simply look at the per capita GDP exceeding 10,000 US dollars and feel that you should have money, that is wrong.
per capita disposable income , you are worth paying attention to.
, we say that per capita GDP is not the same as per capita income. Generally speaking, per capita GDP is higher than per capita income. For ordinary people, what they may be more concerned about is the changes in per capita income.
But here, what I want to say is that compared with per capita income, per capita disposable income may better reflect changes in the economic living standards of the people. Why do you say that
?
Because per capita income includes social security, personal income tax and other expenses, and these incomes are undisposable. To put it bluntly, this part of the money does not really enter your pocket and cannot be used by you. The per capita disposable income is the part of your own money.
According to data from the National Bureau of Statistics, the per capita disposable income of residents across the country was 30,733 yuan, a nominal increase of 8.9% over the previous year, and the growth rate was 0.2 percentage points faster than the previous year; the actual growth after deducting price factors was 5.8%, which was basically synchronized with economic growth and generally the same as per capita GDP growth.
Seeing this data, I think most people should understand why they say that per capita disposable income is closely related to the living standards of our people! The growing per capita disposable income also reflects the strong economic development of our country, thus bringing people's income to increase and their lives to be more prosperous.
