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Comparing economic of Australia, China and Greece

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Comparing economic of Australia, China and Greece
1. Compare economic data between Australia, China and Greece
Table 1.1: Real GDP in Australia, China and Greece 1999-2010

Real GDP (constant 2000 US$bn)

Australia

China

Greece
1999
401.041
1,105.604
119.086
2000
416.888
1,198.475
124.418
2001
425.524
1,297.948
129.640
2002
442.135
1,416.062
134.099
2003
456.603
1,557.668
142.069
2004
475.578
1,714.992
148.274
2005
489.652
1,908.786
151.655
2006
504.740
2,151.202
160.061
2007
522.730
2,456.673
164.866
2008
542.761
2,692.514
164.598
2009
550.622
2,940.225
159.248
2010
563.049
3,246.008
153.647
SOURCE: data.worldbank.org http://data.worldbank.org/indicator/NY.GDP.MKTP.KD FIGURE 1.1: Real GDP in Australia, China and Greece from 1999-2010

SOURCE: data.worldbank.org http://data.worldbank.org/indicator/NY.GDP.PCAP.KD The real GDP in Greece increased slowly from 1999 and started to fall in 2008 whereas Australia’s figure went up regularly. Interestingly, China experienced a rocket from $1,105.6 billion to $3,246 billion in the same time.

Table 1.2: Real GDP per capita in Australia, China and Greece 1999-2010

Real GDP per capita (constant 2000 US$)

Australia

China

Greece
1999
21,190
883
10,943
2000
21,766
949
11,396
2001
21,920
1,021
11,839
2002
22,499
1,106
12,205
2003
22,950
1,209
12,888
2004
23,628
1,323
19,249
2005
24,009
1,464
19,622
2006
24,386
1,641
14,357
2007
24,806
1,864
14,729
2008
25,246
2,033
14,648
2009
25,083
2,208
14,114
2010
25,250
2,425
13,578
SOURCE: The World Bank http://data.worldbank.org/indicator/NY.GDP.PCAP.KD FIGURE 1.2: Real GDP per capita in Australia, China and Greece 1999-2010

SOURCE: The World Bank http://data.worldbank.org/indicator/NY.GDP.PCAP.KD Australia has held the highest value of real GDP per capita compared with the lowest number in China. In contrast, Greece made a sudden

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