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Developing countries, Developed Countries - Coggle Diagram
Developing countries
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China - GDP per capita is $8,123
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Chinas high growth based on resource intensive manufacturing, exports and low paid labour has largely reached its limits and has led to economic, social and environmental imbalances.
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China is the largest emitter of greenhouse gases, and its air and water pollution affects other countries. Global environmental problems cannot be solved without China’s engagement.
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, annual population growth in China amounted to about 0.33 percent.
In 2018, per capita GDP ranged at around 9,920 U.S. dollars in China. That year, the overall GDP of China had amounted to 13.84 trillion U.S. dollars.
2019, the unemployment rate in urban areas of China ranged at about 3.6 percent
2018, the average inflation rate in China ranged at around 2.1 percent compared to the previous year. Projections by the IMF expect the inflation rate to increase to 2.9 percent in 2020.
2019, China imported approximately 2.08 trillion U.S. dollars worth of goods
2019, China exported approximately 2.5 trillion U.S. dollars worth of goods.
Developed Countries
Australia - GDP per capita is $49,144
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85 percent of the population live in cities, Australia is among the countries with the highest degree of urbanization.
Australia has a high standard of living: In 2015, it ranked second on the Human Development Index, and as of 2016, its life expectancy is one of the highest worldwide with 82.5 years.
Australia has has managed to remain recession-free for the past twenty years. This could be thanks to its abundance of raw materials, the Australian mining boom, the fact the recession came at a time of high commodity prices and, most importantly, that just under a third of its exports go to China.
In 2019, about 5.16 percent of the Australian population had been unemployed.
statistic shows the value of exports of goods from Australia from 2009 to 2019. In 2019, goods worth approximately 271.59 billion U.S. dollars were exported from Australia.
statistic shows the value of imports of goods to Australia from 2009 to 2019. In 2019, goods worth approximately 221.57 billion U.S. dollars were imported to Australia.
A positive value indicates a trade surplus, a negative value a trade deficit. In 2019, Australia's trade surplus amounted to around 50.02 billion U.S. dollars.
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