China stands out with its large population (almost 20% of world population) – which means, of course, that the country’s workforce is enormous. Chart 2: GDP per capita in 2010  Source: OeNB calculations based on IMF data. Note: Figures in purchasing power standards. CESEE-10 figures are GDP-weighted averages.
2  BIS central bankers’ speeches  Turning to GDP per capita, we see a different picture. While the CESEE-10 cover a comparatively small area, in 2010 their GDP per capita in purchasing power standards was on average almost three times higher than that of China. As you can see, the income level in Russia was close to the GDP-weighted average in the CESEE-10.