China’s Economy is Growing Much Faster than Japan’s

The chart below shows the comparison of economic growth between China and Japan since 1980:

Source: Euromonitor

Japan’s GDP gre faster from 1980 thru 1900 and then rose slowly from early 90s thru 1998. However since 1980 China’s GDP is growing at a higher rate consistently year after year. Between 2000 and last year China’s economic growth easily beat Japan’s growth. However the GDP per capita is still much higher for Japan than China. China’s GDP per capita has come a long way since the 80s to reach over $5,000.

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