Urbanisation and GDP Per Capita Overview
Urbanisation is a proportion that population living in the urban area, which reflects a geographic region’s modernisation and human concentration level. It is a key reference coordinate for measuring economy, infrastructure situation and living standard level.
Insight analysis and Assumptions
In general, rise of urbanisation is equivalent sign of economic improvement and the overall increases in national income. Yet this conclusion is not constant. According to the “Urbanisation and GDP per capita, country comparison” graphic, there are two types of cases
- A type of country, when their urbanisation rate reaches a certain high level, will enter the platform period, as temporary penetration, or sometimes reverse to counter-urbanisation (deurbanization). Yet their national income will remain steady growting This type of countries, represented by the Unites States, are economic advanced countries.
- Another type of country they have continuous growing urbanisation rates, but the national income is stagnated. This type of countries like Brazil, has fallen into the “middle income trap”.
In China, the current relative position of urbanisation rates and GDP per capita is in between the two types of countries described above. To what extent China can avoid the “middle income trap” to become one of the advanced countries, please visit related subjects: City potentials and New infrastructure plan.