China's 2025 GDP will hit America by $ 7 trillion and EU $ 14 trillion, “surprise for most people” – Elon Musk
According to new data from Tesla and Xai CEO, China has allegedly risen to the United States and the European Union in terms of gross domestic product (GDP), when measured by purchasing power parity (PPP).
Musk attributed the figures to its AI company model, which led to China's GDP in 2025, reaching $ 35.29 trillion dollars. This is compared to $ 28.78 trillion in the United States and $ 21.99 for the EU.
In a post on April 29, Musk spoke about the numbers and said, “This is a surprise for most people.” He has given the numbers that the Chinese economy is approximately 1.23 times higher than the US economy and 1.6 times higher than in the EU economy.
This is a surprise for most people
– Elon Musk (@elonmusk) April 29, 2025
The world's economy was also published by projections that were in line with Musk's claim. According to this, China's GDP of 2025 is $ 43.2 trillion, compared to $ 41.3 trillion dollars in 2024 and 26% higher than the official accounts of the World Bank.
China's economic state stronger than us in 2025.
The national statistical office, which evaluated the Chinese GDP on April 16, said it would reach 31.88 trillion yuan, or about $ 4.4 trillion, which is 5.4% per year.
Yes. China has a huge population, an education system that focuses on science and technology, and little bureaucracy in mega projects.
The US is farther away if nothing is done.
The complexity is an enemy.
– Sam Kampner (@kampersam) April 29, 2025
In the first quarter, 12.5 trillion yuan ($ 1,7 trillion dollars) were in total retail sales of consumer goods, 4.6%compared to the same period in 2024. March growth reached 7.7%, the highest since December 2023. Web -based retail sales grew to 7.9% to 7.6 trillion yuan ($ 493.2 million) in the same period.
The total volume of trade was 10.3 trillion yuan ($ 1.4 trillion) in the first quarter, 1.3% per annum. Exports rose to 6.9% to 6.1 trillion yuan ($ 834.4 billion), but imports fell against 6% to 4.2 trillion yuan ($ 567.5 billion) in the background of weak domestic demand. Total trade reached 3.8 trillion yuan ($ 512.5 billion).
The US economy is slowing in the tariff account
On the other hand, it seems that the US will head to a slower growth phase in early 2025. However, the US Ministry of Finance has announced that the official data of the first quarter GDP will be published only after this week at the meeting of the Treasury Borrowing Committee (TBAC) on April 29.
Wall Street according to the magazine study In mid-April, the average forecast of US GDP growth in Q1 per year was only 0.4%. This marks a significant decline compared to the 2.4% pace registered in the fourth quarter of 2024. The answers of the study ranged, some economists projected as little as 0.1% and others on the higher side.
The forecasts came before President Donald Trump announced A 90-day pause for new mutual tariffs on April 9 and is likely to be reviewed.
On Wednesday, April 30, the Bureau of Economic Analysis will give the first quarter growth assessment of the first quarter. According to analysts, the top number is low and many institutions believe that this number will remain the same or fall below. Goldman Sachs thinks it falls 0.2%while Bank of America thinks it rises 0.4%.
Bill Adams, chief economist at Comerica Bank, offered one of the most pessimistic estimates, which referred to GDP in the first quarter 1.4%. He resonated his predictions to postpone the weaker expenses and business investments of consumers.
“In the first quarter there is a great contraction,” Adams Considered.
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