r/dataisbeautiful 3d ago

OC [OC] Comparing the combined GDPs of China and India to the US GDP at that time

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u/watduhdamhell 2d ago

I mean the US is worth 30 trillion while China is worth $18 trillion. The US added to its gain by adding value to its economy, not by expanding it with population. It's really not rocket science.

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u/cerceei 2d ago

What the actual fuck are you talking about? If you can't explain what you are saying, don't reply in the first place.

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u/watduhdamhell 2d ago

Holy shit. I DID explain it to you. I can't UNDERSTAND it for you. I already explained that SIZE of the economy in raw dollars internally (PPP) does not translate to value internationally. If you have a population the size of Chinas, you're going to have the largest economy in the world. The problem is it won't be worth much (it's still only about 60% the value of the US economy).

I'll try to help you one more time, with a comment I left for another redditor, where I explain why the internal economy is not helping your case unless they are doing something VALUABLE:

I’m not saying haircuts or other local services don’t have value, they absolutely do, and they’re part of GDP. My point is that PPP GDP mainly measures domestic purchasing power, not how much of that output translates into international economic weight.

If a large share of PPP GDP comes from non-tradable services like haircuts or local dining, that purchasing power can’t be used to buy foreign goods, invest abroad, or project economic influence. Nominal GDP, calculated at market exchange rates, is far more relevant for comparing economies on the global stage, because it reflects what a country can actually command in international markets.

That’s why the U.S. still ranks #1 by nominal GDP, even though China surpassed it in PPP years ago.

You can't ship the billion haircuts for your billion population. But you CAN ship software. You could build a zillion factories... but you can't build advanced technology (like TSMC), making those factories worthless in comparison, even though internally that's would be a massive economic item. Get it?

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u/cerceei 2d ago

The size of an economy in raw dollars in market exchange rates ignoring price differences between countries, is called nominal GDP, GDP PPP is adjusted for cost-of-living differences providing a more accurate comparison of purchasing power and real living standards across economies. And this doesn't explain my question.

Again, my question was how only the US "add value" to their economy while China's economy only "grew". Just like I said you haven't been paying attention recently. All those advancements in EVs, AI(Alibaba Qwen family and the DeepSeek-V3, Autonomous driving), chips (specially regarding Huawei and SMIC), renewable power and it's rapid deployment, 5G, Robotics (I have even seen Unitree G1 in fucking NYC, while Americans bots still in labs previewing demos), high speed rail (China has more high speed rail than every other country combined, 48,000 km as of July 2025),Battery Technology (specially regarding CATL),
And.....I'm just scratching the surface.

If these aren't "valuable" enough for you, idk what to say. Also if you're one of those brainwashed still thinks China only factory works to American patent, I am very sorry for you.