Income Distribution In China 2019

China s current mainly market economy features a high degree of income inequality according to the asian development bank institute before china implemented reform and open door policies in 1978 its income distribution pattern was characterized as egalitarianism in all aspects at this time the gini coefficient for rural urban inequality was only 0 16.

Income distribution in china 2019. However the average. New data are available for finland norway sweden and the united kingdom income year 2018 the slovak republic income year 2017 and switzerland income years 2016 and 2017. Dollars in 2018 far below the u s. And france from 1978 2015 as shown in figure 7 the top 1 per cent of the income distribution experienced a growth rate of 8 6 per cent in china 3 0 per cent in the usa and 1 4 per cent in france.

Detailed salary report based on career education experience gender age etc. According to the imf on a per capita income basis china ranked 73rd by gdp ppp per capita in 2019. Data have been revised for belgium and ireland income year 2017. Comparing the average annual growth rate of real per adult pre tax national income for different income groups in china u s.

In 2019 the annual per capita gross domestic product gdp in different regions in china varied from approximately 164 thousand yuan in beijing to roughly 33 thousand yuan in gansu province. China s personal disposable income was only 28 228 yuan or about 4 000 u s. Disposable income is the amount of money that households have available for spending and saving after income taxes. As the graph below shows over the past 25 years this indicator reached a maximum value of 12 40 in 1990 and a minimum value of 9 20 in 2010.

The gross domestic product per capita in china was last recorded at 8254 30 us dollars in 2019. China income distribution income share held by second 20. Average salary in china is cny 303 820 us 47 292. And uk which had incomes of around 50 000 and 33 000 u s.

Gdp per capita in china averaged 1872 51 usd from 1960 until 2019 reaching an all time high of 8254 30 usd in 2019 and a record low of 132 10 usd in 1962. China s gdp was 14 4 trillion 99 trillion yuan in 2019. This page provides china gdp per capita actual values.