November 20, 2020
China's surging economy is expected to raise the country 56 spots up in the world's per-capita income rankings between 2000 and 2025 and rank it 70th out of 191 measured countries and regions in 2025, according to IMF projections.
The Asian powerhouse's per-capita GDP is forecast to reach $25,307 in 2025. Its per-capita income will increase with an annualized growth rate of 9.1 percent over the 25-year span.
The IMF said only China, Vietnam and Egypt will achieve growth in per-capita GDP in the coronavirus-hit year of 2020.
(Sources: The China Report)
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