How rich are they?
The Gross Domestic Product (USD)
China is currently undergoing an economic boom, which drives its GDP up
Sweden has a much lower GDP than China's.
net-adjusted disposable income per capita
USD 30 553
Sweden has a much higher average income, as Sweden is a developed country
China has a much lower average income, as many parts of china is still made of up agricultural farming villages.
USD 4.3 Trillion
USD 216 Billion
Sweden has a smaller total amount of debt but makes up a higher percentage of its total GDP.
China has a much larger economy, which results in proportional debt levels. ;
42% of GDP
38% of GDP
What are the consequences of this?
Although china has a higher GDP, more than half of their population is based off agriculture and as a result, are made up of people who are extremely poor and live in the countryside.
CREATED BY William Quan