Comparative economic growth, influence, and exports between China and Western economies (Europe/North America) for the years 2015–2022
To create a comprehensive and accurate graph comparing European/Western and Chinese global economic growth, influence, and export trends, we gathered recent data from credible sources including
the World Bank,
IMF,
and Pew Research.
Here are the key data points found:
Economic Growth: Data from the World Bank and IMF show that China's GDP growth rates have generally outpaced those of Europe and North America in the past decade. For instance, between 2015 and 2022, China's growth was on average higher, with fluctuations that reflect global economic shocks like COVID-19, which impacted both Western and Chinese economies. European and North American economies maintained more stable but slower growth compared to China.
Exports: China has consistently ranked as one of the world’s largest exporters, with exports accounting for a significant portion of its GDP. According to World Bank data, China’s exports of goods and services grew substantially from 2015 to 2022, reflecting its dominance in global trade. Europe and North America, while also key players, have lower export growth rates as a percentage of GDP.
Influence Index: Though there is no singular "influence index," studies by Pew Research and other think tanks provide insights into global perceptions. Recent surveys indicate a growing influence of China in regions like Africa, Latin America, and parts of Asia, while Western influence remains strong but faces challenges in certain regions, largely due to shifting alliances and economic dependencies.
Using these datasets, we have created a graph that visualizes these trends over time, with lines representing growth rates, export values, and influence metrics where applicable.
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