1999-2013 China GDP & Military spending stats

A

adeptitus

Captain
VIP Professional
I saw this chart earlier this week:
Please, Log in or Register to view URLs content!


For those who cannot read Chinese, from top to bottom:
GDP
Revenue (government tax revenue)
Military expenditure
Military expenditure as % of government revenue
Military expenditure as % of GDP


So... if I'm reading the numbers correctly, from 1999 to 2013, China's GDP grew 6.3 times, military spending grew 6.7 times, but government tax revenue grew 11.3 times??
 
SampanViking

SampanViking

The Capitalist
Staff member
Super Moderator
VIP Professional
Registered Member
adeptitus said:
I saw this chart earlier this week:
Please, Log in or Register to view URLs content!


For those who cannot read Chinese, from top to bottom:
GDP
Revenue (government tax revenue)
Military expenditure
Military expenditure as % of government revenue
Military expenditure as % of GDP


So... if I'm reading the numbers correctly, from 1999 to 2013, China's GDP grew 6.3 times, military spending grew 6.7 times, but government tax revenue grew 11.3 times??
Click to expand...

Its not that surprising. As you build a modern economy you bring a large number of people from a subsistence and barter economy into a cash economy as they become more wealthy. This simply means that a lot of new people are introduced into the tax system as net payers.
 
You must log in or register to reply here.
Top