The manufacturing GDP of China, the United States, and the 27 European Union countries in 2023 have all been announced!

The GDP of the United States in 2023 will be as high as 27.36 trillion US dollars, and the total economic size of the 27 EU countries will also reach 18.34 trillion US dollars, both above China - although the mainland's economy will actually grow by 5.2% in 2023, it is much stronger than the economic trend of the United States and Europe.

However, it is a pity that due to the deflation of prices and the 4.55% depreciation of the RMB exchange rate, the nominal GDP in US dollar terms fell slightly to 17.89 trillion yuan. In terms of country attributes, it is still the second in the world. However, in terms of economy, it has fallen to third in the world.

Some netizens reminded Nansheng:

The U.S. and European economies have been detached from reality for many years, and they are more concerned about the real economic strength of China, the United States, and the European Union27 than the total GDP, especially in the manufacturing sector. Today, Nansheng will quote the data published by their respective statistical departments and share them with you.

First of all, look at the 27 countries of the European Union, using the information released by Eurostat: the manufacturing GDP in the fourth quarter of 2023 will be 655,688.6 million euros, 623,488.9 million euros in the third quarter, 639,152.2 million euros in the second quarter, and 631,843.2 million euros in the first quarter.

For the whole year of 2023, the total manufacturing GDP of the 27 EU countries will be 2,550,172.9 million euros, which will be 2,757.4 billion dollars in US dollars at the average exchange rate - close to 2.76 trillion US dollars, accounting for 15.03% of the total size of the EU economy.

Among them, the German manufacturing industry ranks first in the EU, with an industry GDP of 781.421 billion euros in 2023, about 844.9 billion US dollars;

In 2023, Italy's manufacturing GDP will be 328,060.7 million euros, about 354.7 billion US dollars, and the third is France, with a manufacturing GDP of 272,333.4 million euros, which is converted to 294.5 billion US dollars. It was followed by Spain, Ireland, Poland, the Netherlands, Austria, the Czech Republic......

Look at the United States again: the manufacturing GDP in 2023 at market prices will be $2,804.7 billion, about 10.25% of the total size of the U.S. economy. Compared with the share of manufacturing in GDP in the EU, the US economy is more dependent on services such as finance, culture, and technology services.

Just looking at the scale of manufacturing GDP, the United States is 2.8 trillion US dollars, and the EU is nearly 2.76 trillion US dollars, the gap is weak, and it belongs to one level. Next is the key point, looking at the output of our Chinese manufacturing industry in 2023.

China's manufacturing industry will have a large advantage in 2023

The mainland's economic scale in 2023 has achieved a breakthrough of 126 trillion yuan. Among them, the GDP of the manufacturing industry was 330028 billion yuan, accounting for 26.18%. In comparison, the EU's manufacturing GDP accounted for 15.03%, and the United States' manufacturing accounted for only 10.25%.

At the average exchange rate, China's manufacturing GDP is $4,683.4 billion, 1.67 times that of the United States or the EU-27. After the merger of the United States and the 27 countries of the European Union, the total manufacturing GDP of these 28 countries is 5,562.1 billion US dollars, 18.76% higher than the scale of China's manufacturing industry.

After decades of industrialization, the scale of the mainland's manufacturing industry has jumped to the first place in the world, and has achieved the advantages of the whole industry chain from raw materials to high-end technology manufacturing. The manufacturing industry is the foundation of a big country, and stabilizing production is stabilizing the fundamentals of China's economy. What do netizens think about this? This article is written by Nansheng, and it is strictly forbidden to reprint or plagiarize!