There are several different similarities that can be found between China and Cambodia in terms of economy, which include the growth in Human Development, and Expenditure on GDP; Private Consumption, Government Consumption, Gross Fixed Investment, Exports of Good & Services, and Imports of goods & services.
Fig. 1 Comparison Graph Human Development Growth between China and Cambodia. |
Based on Fig.1, there is a clear pattern that both countries, have developed the rate of change in Human Development, as the two lines/slope coloured in Red, which represents Cambodia and Blue, which represents China has increased over the past 13 years. The growth of China's human development started at 0. 591% in 2000, and currently has increased to 0.719% in 2013. Similarly the same to Cambodia, Cambodia's real rate of human development has increased for the past 13 years, where it started at 0.466% in 2000 and increased to 0.548. Another similarity is the growth of expenditure on GDP for the future (years 2015-16). Expenditure on GDP of the two countries which include private consumption, government consumption, gross fixed investment, Exports of goods & services, and imports of good & services are likely to increase in years 2016 than 2015. Specifically on exports of goods & services along with imports of good & services are likely to increase by a lot in 2016.
- China:
- Exports of goods & services (From 6.9% in 2015 to 7.2% in 2016)
- Imports of goods & services (From 3.5% in 2015 to 7.6% in 2016)
- Cambodia:
- Exports of goods & services (From 5.9% in 2015 to 8.5% in 2016)
- Imports of goods & services (From 6.4% in 2015 to 9.0% in 2016)
To conclude and to clarify, the data on the growths of Human Development and Expenditure on GDP of the two countries, China and Cambodia are the same; Human Development increases over the past 13 years & the growth on Expenditure on GDP for both countries are likely to increase for the upcoming future.