3 ms·
5% growth when you're expecting 8% is a problem, but it's a problem a lot of countries would like to have. And 5% growth during a time of population decline i
by bryanlarsen 3y ago
5% growth when you're expecting 8% is a problem, but it's a problem a lot of countries would like to have. And 5% growth during a time of population decline is even more impressive since it means per capita growth is even larger.
- The_Colonel 3y agoChina's population declined by about 0.2% compared to its peak, pretty irrelevant for GDP so far.
- bryanlarsen 3y agoIt's more significant when compared to Western countries that experience population growth. For example, in 2023 the US's top line GDP growth was about 25% higher than its per capita GDP growth.