china has the biggest gdp in the world.
china has the biggest gdp in the world.
who has the biggest gdp in the world?
china
income tax revenues generally rose to new peaks in nominal dollar terms each year from 1970 to 2000 as the economy grew, with the exception of 1983, following the recession of 1981-1982. however, after peaking in 2000, income tax revenues did not regain this peak again until 2006. after a plateau in 2007 and 2008, revenues fell markedly in 2009 and 2010 due to a financial crisis and recession. income tax revenues in 2010 remained below their 2000 peak. relative to gdp, income tax revenues declined during most of the 1980s (from 9.0% gdp in 1980 to 8.3% gdp in 1989), rose during most of the 1990s (from 8.1% gdp in 1990 to 9.6% gdp in 1999) then declined in the 2000s (from 10.2% gdp in 2000 to 6.5% gdp in 2009). the extent to which economic activity and tax policy interact to drive these trends is debated by experts. while marginal income tax rates were lowered in the early 1980s, dollar revenue increased throughout the period, although revenue relative to gdp declined. marginal tax rates were raised during the 1990s, and both revenue dollars and revenue relative to gdp increased. marginal rates were lowered again in the early 2000s, and both revenue and revenue relative to gdp generally declined.
political debates about the united states federal budget
starter: average gdp per capita: us$3,700 | gci score: 20-34 these nations are in the early stage of ict infrastructure build-out. their focus is on increasing ict supply to give more people access to the digital economy.









































adopter: average gdp per capita: us$16,300 | gci score: 35-55 nations in this cluster experience the biggest gdp growth from ict infrastructure. their focus is on increasing ict demand to facilitate industry digitization and high-quality economic growth.
global connectivity index