Per capita GDP 2 has always been a topic of high talk. In 2019, my country's per capita GDP exceeded US$10,000 for the first time. In 2020, under the impact of the global epidemic, my country's per capita GDP still achieved stable growth, reaching US$10,400, and its global ranking continued to rise. In 2021, various economies ushered in economic recovery, and my country's per capita GDP once again hit a new high.
After a simple calculation based on GDP and population data, my country's per capita GDP in 2021 was RMB 80,000. Combined with the average exchange rate of RMB and US dollars last year, my country's per capita GDP is equivalent to US$12,500, which once again reached a new high. Compared with the past two years, the per capita GDP growth rate in 2021 was higher, mainly because the scale of GDP increased rapidly.
needs to be explained again, per capita GDP is not per capita income, and per capita disposable income is closer to per capita income. According to statistics, my country's per capita disposable income in 2021 was RMB 35,000, an average of less than RMB 3,000 per month, which basically meets the income status of most people. Moreover, the data in each province is also very different, so it can be combined with reference.
So, my country's per capita GDP reaches US$12,500. What level is it in the world? According to statistics, the world's per capita GDP in 2020 was US$11,000, which means that my country's per capita GDP has exceeded the world's per capita level, which is of great significance. my country's per capita GDP has completely surpassed Russia, Brazil , Türkiye and other countries.
data shows that Russia's per capita GDP fell to US$10,100 in 2020, and it is expected to increase slowly in 2021. However, my country's per capita GDP exceeds Russia. The per capita GDP of Brazil, South Africa, Turkey and other countries has been hovering around US$10,000 for many years, and sometimes it will drop below US$10,000.
has always been the saying " middle-income trap ". Brazil, South Africa and other countries have fallen into this "trap". The most intuitive manifestation is that per capita GDP has been hovering around US$10,000 for many years and cannot continue to rise. Now my country has crossed the key threshold of US$12,000 and will continue to achieve steady improvement in the future.
The reason why these countries are trapped in the middle-income trap is closely related to the loss of the pillar status of manufacturing. Especially Brazil's " de-industrialization ", which directly led to the GDP that has not been able to increase for many years, and it has also continued to decline for a while. Per capita GDP has continued to decline from more than 10,000 US dollars, and now it is less than US$7,000.
On the contrary, my country's manufacturing industry is still an important pillar of the economy. In 2021, my country's secondary industry added value will be 45 trillion yuan, accounting for nearly 40% of GDP. my country is still the world's largest manufacturing country and is already in a world-leading position in many manufacturing fields. In the future, my country will continue to advance to the high-end manufacturing field and continue to achieve more breakthroughs.
So, which one can my country's per capita GDP rank in Asia? From an Asian perspective, the countries with the highest per capita GDP are Singapore , which will return to US$60,000 in 2021, Qatar exceeds US$50,000, Israel and Japan are about US$40,000, UAE and South Korea exceed 30,000, Brunei , Bahrain , Kuwait and other countries generally have more than US$20,000.
From the ranking, my country's per capita GDP of US$12,500 can rank 13th in Asia, Oman has US$12,700, ranking 12th in Asia, and Saudi Arabia has US$20,000, ranking 11th in Asia. It can be foreseeable that according to the GDP growth rate of my country, my country's per capita GDP is expected to enter the top ten in Asia in the next 10 years, breaking the threshold of 20,000 US dollars, and entering the ranks of developed countries.
