In the second quarter of 2025, the growth of the real gross domestic product (GDP) in China ranged at *** percent compared to the same quarter of the previous year. GDP refers to the total market value of all goods and services that are produced within a country per year. It is an important indicator of the economic strength of a country. Real GDP is adjusted for price changes and is therefore regarded as a key indicator for economic growth. GDP growth in China In 2024, China ranged second among countries with the largest gross domestic product worldwide. Since the introduction of economic reforms in 1978, the country has experienced rapid social and economic development. In 2013, it became the world’s largest trading nation, overtaking the United States. However, per capita GDP in China was still much lower than that of industrialized countries. Until 2011, the annual growth rate of China’s GDP had constantly been above nine percent. However, economic growth has cooled down since and is projected to further slow down gradually in the future. Rising domestic wages and the competitive edge of other Asian and African countries are seen as main reasons for the stuttering in China’s economic engine. One strategy of the Chinese government to overcome this transition is a gradual shift of economic focus from industrial production to services. Challenges to GDP growth Another major challenge lies in the massive environmental pollution that China’s reckless economic growth has caused over the past decades. China’s development has been powered mostly by coal consumption, which resulted in high air pollution. To counteract industrial pollution, further investments in waste management and clean technologies are necessary. In 2017, about **** percent of GDP was spent on pollution control. Surging environmental costs aside, environmental issues could also be a key to industrial transition as China placed major investments in renewable energy and clean tech projects. The consumption of green energy skyrocketed from **** exajoules in 2005 to **** million in 2022.

The Gross Domestic Product (GDP) in China expanded 1.10 percent in the second quarter of 2025 over the previous quarter. This dataset provides - China GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in China expanded 5.20 percent in the second quarter of 2025 over the same quarter of the previous year. This dataset provides - China GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2024, the gross domestic product (GDP) of China amounted to around 18.7 trillion U.S. dollars. In comparison to the GDP of the other BRIC countries India, Russia and Brazil, China came first that year and second in the world GDP ranking. The stagnation of China's GDP in U.S. dollar terms in 2022 and 2023 was mainly due to the appreciation of the U.S. dollar. China's real GDP growth was 3.1 percent in 2022 and 5.4 percent in 2023. In 2024, per capita GDP in China reached around 13,300 U.S. dollars. Economic performance in China Gross domestic product (GDP) is a primary economic indicator. It measures the total value of all goods and services produced in an economy over a certain time period. China's economy used to grow quickly in the past, but the growth rate of China’s real GDP gradually slowed down in recent years, and year-on-year GDP growth is forecasted to range at only around four percent in the years after 2024. Since 2010, China has been the world’s second-largest economy, surpassing Japan.China’s emergence in the world’s economy has a lot to do with its status as the ‘world’s factory’. Since 2013, China is the largest export country in the world. Some argue that it is partly due to the undervalued Chinese currency. The Big Mac Index, a simplified and informal way to measure the purchasing power parity between different currencies, indicates that the Chinese currency yuan was roughly undervalued by 38 percent in 2024. GDP development Although the impressive economic development in China has led millions of people out of poverty, China is still not in the league of industrialized countries on the per capita basis. To name one example, the U.S. per capita economic output was more than six times as large as in China in 2024. Meanwhile, the Chinese society faces increased income disparities. The Gini coefficient of China, a widely used indicator of economic inequality, has been larger than 0.45 over the last decade, whereas 0.40 is the warning level for social unrest.

In 2025, the United States had the largest economy in the world, with a gross domestic product of over 30 trillion U.S. dollars. China had the second largest economy, at around 19.23 trillion U.S. dollars. Recent adjustments in the list have seen Germany's economy overtake Japan's to become the third-largest in the world in 2023, while Brazil's economy moved ahead of Russia's in 2024. Global gross domestic product Global gross domestic product amounts to almost 110 trillion U.S. dollars, with the United States making up more than one-quarter of this figure alone. The 12 largest economies in the world include all Group of Seven (G7) economies, as well as the four largest BRICS economies. The U.S. has consistently had the world's largest economy since the interwar period, and while previous reports estimated it would be overtaken by China in the 2020s, more recent projections estimate the U.S. economy will remain the largest by a considerable margin going into the 2030s.The gross domestic product of a country is calculated by taking spending and trade into account, to show how much the country can produce in a certain amount of time, usually per year. It represents the value of all goods and services produced during that year. Those countries considered to have emerging or developing economies account for almost 60 percent of global gross domestic product, while advanced economies make up over 40 percent.

The statistic shows the growth rate of the real gross domestic product (GDP) in the United States from 2020 to 2024, with projections up until 2030. GDP refers to the total market value of all goods and services that are produced within a country per year. It is an important indicator of the economic strength of a country. Real GDP is adjusted for price changes and is therefore regarded as a key indicator for economic growth. In 2024, the growth of the real gross domestic product in the United States was around 2.8 percent compared to the previous year. See U.S. GDP per capita and the US GDP for more information. Real gross domestic product (GDP) of the United States The gross domestic product (GDP) of a country is a crucial economic indicator, representing the market value of the total goods and services produced and offered by a country within a year, thus serving as one of the indicators of a country’s economic state. The real GDP of a country is defined as its gross domestic product adjusted for inflation. An international comparison of economic growth rates has ranked the United States alongside other major global economic players such as China and Russia in terms of real GDP growth. With further growth expected during the course of the coming years, as consumer confidence continues to improve, experts predict that the worst is over for the United States economy. A glance at US real GDP figures reveals an overall increase in growth, with sporadic slips into decline; the last recorded decline took place in Q1 2011. All in all, the economy of the United States can be considered ‘well set’, with exports and imports showing positive results. Apart from this fact, the United States remains one of the world’s leading exporting countries, having been surpassed only by China and tailed by Germany. It is also ranked first among the top global importers. Despite this, recent surveys revealing Americans’ assessments of the U.S. economy have yielded less optimistic results. Interestingly enough, this consensus has been mutual across the social and environmental spectrum. On the other hand, GDP is often used as an indicator for the standard of living in a country – and most Americans seem quite happy with theirs.

In 2024, the gross domestic product (GDP) of Hong Kong increased by around *** percent in real terms compared to the previous year. GDP growth is estimated to reach around *** percent in 2025. The quarterly GDP growth rate in Hong Kong stood at *** percent in the fourth quarter of 2024. Drivers of growth in Hong Kong Hong Kong’s economy is dominated by the service sector, which contributes more than ** percent to the city’s GDP. This is related to Hong Kong’s status as a global financial hub and a service center for trade and investment flows from and into mainland China. Financial services, trading and logistics, professional services, and tourism are key industries in the city, with financial services alone contributing more than ** percent to the GDP. Over the last decade, financial services displayed the highest sectoral growth rates, while trading and logistics, as well as professional services, provided a significant number of jobs in the city. Current economic development The COVID-19 pandemic and consequent travel restrictions had a bad effect on Hong Kong’s economy. However, economic development stumbled already earlier with GDP growth turning negative in 2019. In real terms, the GDP is expected to finally exceed its 2018 level in 2025. GDP growth in the upcoming years is forecasted to remain slightly below ***** percent on average.

The graph shows China's share in global gross domestic product adjusted for purchasing-power-parity until 2024, with a forecast until 2030. In 2024, China's share was about 19.45 percent. China's global GDP share Due to the introduction of capitalist market principles in 1978, China's economic market began to show immense change and growth. China's real GDP growth ranged at 5.0 percent in 2024. China's per capita GDP is also expected to continue to grow, reaching 13,300 U.S. dollars in 2024. Comparatively, Luxembourg and Switzerland have some of the world’s largest GDP per capita with 141,100 U.S. dollars and 111,700 U.S. dollars, respectively, expected for 2025.China is the largest exporter and second largest importer of goods in the world and is also among the largest manufacturing economies. The country also ranges among the world's largest agricultural producers and consumers. It relies heavily on intensive agricultural practices and is the world's largest producer of pigs, chickens, and eggs. Livestock production has been heavily emphasized since the mid-1970s. China’s chemical industry has also seen growth with a heavy focus on fertilizers, plastics, and synthetic fibers. China's use of chemical fertilizers amounted to approximately 50.2 million metric tons in 2023. GDP composition in China Industry and construction account for less than 40 percent of China's GDP. Some of the major industries include mining and ore processing, food processing, coal, machinery, textiles and apparel, and consumer products. Almost half of China's output is dedicated to investment purposes. However, as the country tends to support gross output, innovation, technological advancement, and even quality are often lacking.

The statistic shows Mexico’s GDP from 1987 to 2024, with projections up until 2030. In 2024, Mexico’s GDP amounted to approximately 1.85 trillion U.S. dollars.Economy of MexicoGDP is an indicator primarily used to gauge the state and health of a national economy. GDP is the total market value of all final goods and services that have been produced within national borders in a given period of time, usually a year. GDP gives us an insight into a country’s economic development over a period of time, how its development fits in with international shifts and how it is affected by the factors that affect market economies.The demand among some segments of the Chinese workforce for fairer payment, coupled with higher transportations costs, have been key factors in increasing the competitiveness of Mexican manufacturing, with some suggestions being made that it is already cheaper than China for the many industries that serve the lucrative United States market. The Mexican economy is, however, far from trouble-free. And although the gross domestic product in Mexico has been increasing, it is showing that it is struggling to match up to the fast pace of growth and prosperity being seen in some of the BRIC countries, as well as the usual suspects of economic success, the United States, Canada and others.Inequality in Mexico remains a huge problem. The education system in the federation’s thirty-one states is in dire need of reform, and in some of the states, especially in those closest to the US border, brutal criminal drug lords'rule. It is important for Mexicans that they embrace the opportunity that they find themselves presented with at present and harness the energy of their large population , the newly arrived foreigners and their educated youth, in order to provide the country with the future prosperity that it most desperately needs.

The Gross Domestic Product (GDP) in India expanded 7.40 percent in the first quarter of 2025 over the same quarter of the previous year. This dataset provides - India GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Hong Kong SAR (China) Gross Savings Rate

• Hong Kong SAR (China) Gross Savings Rate was measured at 30.2% in Sep 2024, compared with 30.2% in the previous quarter.
• Hong Kong SAR (China) Gross Savings Rate is updated quarterly, with data available from Mar 1999 to Sep 2024, and an average rate of 30.2%.
• The data reached an all-time high of 30.2% in Sep 2006 and a record low of 19.0% in Jun 2023.
• CEIC calculates Gross National Savings Rate from quarterly Gross National Savings and quarterly Gross National Income. Gross National Savings is calculated as Gross National Income less Private and Government Consumption Expenditure plus Net Secondary Income. Census and Statistics Department provides Gross National Income, Private Consumption Expenditure, Government Consumption Expenditure and Secondary Income in local currency.
• In the latest reports, Hong Kong SAR (China) GDP expanded 2.8% YoY in Mar 2023.
• Hong Kong SAR (China) Nominal GDP reached 91,422.6 USD mn in Mar 2023. Its GDP deflator (implicit price deflator) increased 1.9% in Mar 2023.
• Hong Kong SAR (China) GDP Per Capita reached 48,990.8 USD in Dec 2022.

The statistic shows the growth of the real gross domestic product (GDP) in India from 2020 to 2024, with projections up until 2030. GDP refers to the total market value of all goods and services that are produced within a country per year. It is an important indicator of the economic strength of a country. Real GDP is adjusted for price changes and is therefore regarded as a key indicator for economic growth. In 2024, India's real gross domestic product growth was at about 6.46 percent compared to the previous year. Gross domestic product (GDP) growth rate in India Recent years have witnessed a shift of economic power and attention to the strengthening economies of the BRIC countries: Brazil, Russia, India, and China. The growth rate of gross domestic product in the BRIC countries is overwhelmingly larger than in traditionally strong economies, such as the United States and Germany. While the United States can claim the title of the largest economy in the world by almost any measure, China nabs the second-largest share of global GDP, with India racing Japan for third-largest position. Despite the world-wide recession in 2008 and 2009, India still managed to record impressive GDP growth rates, especially when most of the world recorded negative growth in at least one of those years. Part of the reason for India’s success is the economic liberalization that started in 1991and encouraged trade subsequently ending some public monopolies. GDP growth has slowed in recent years, due in part to skyrocketing inflation. India’s workforce is expanding in the industry and services sectors, growing partially because of international outsourcing — a profitable venture for the Indian economy. The agriculture sector in India is still a global power, producing more wheat or tea than anyone in the world except for China. However, with the mechanization of a lot of processes and the rapidly growing population, India’s unemployment rate remains relatively high.

In 2018, Germany’s GDP peaked at around four billion U.S. dollars, the highest GDP the country has reported in decades. It is predicted to grow towards 5.57 billion by 2030. Germany has the fourth-largest GDP in the world, after the United States, China, and Japan. The national debt of Germany has steadily been falling since 2012 and is now about a quarter of the size of Japan’s and half that of the United States. Development of GDP per capita Gross domestic product per capita in Germany has been increasing since 2015 and experienced its last period of decline between the mid-nineties and early noughties. In 2001, GDP per capita was the lowest it had been since the early nineties, but more than doubled by the time of the financial crisis in 2008. GDP per capita fluctuated throughout the subsequent decade, before reaching around 48,000 U.S. dollars in 2018. Largest economic sectors The service sector generates the highest share of GDP in Germany at nearly 70 percent. Finance and telecommunications are a large part of the service sector, as well as tourism – including hospitality and accommodation. Roughly a quarter of GDP currently comes from the production industry, not including construction. Agriculture, fishing, and forestry make up less than one percent.

Inflation Rate in China increased to 0.10 percent in June from -0.10 percent in May of 2025. This dataset provides - China Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Unemployment Rate in China remained unchanged at 5 percent in June. This dataset provides - China Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2024, the rate of surveyed unemployment in urban areas of China amounted to approximately 5.1 percent. The unemployment rate is expected to remain at 5.1 percent in 2025 and the following years. Monthly unemployment ranged at a level of around 5.3 percent in the first quarter of 2025. Unemployment rate in China In 2017, the National Statistics Bureau of China introduced surveyed unemployment as a new indicator of unemployment in the country. It is based on monthly surveys among the labor force in urban areas of China. Surveyed unemployment replaced registered unemployment figures, which were often criticized for missing out large parts of the urban labor force and thereby not presenting a true picture of urban unemployment levels. However, current unemployment figures still do not include rural areas.A main concern in China’s current state of employment lies within the large regional differences. As of 2021, the unemployment rate in northeastern regions of China was notably higher than in China’s southern parts. In Beijing, China’s political and cultural center, registered unemployment ranged at around 3.2 percent for 2021. Indicators of economic activities Apart from the unemployment rate, most commonly used indicators to measure economic activities of a country are GDP growth and inflation rate. According to an IMF forecast, GDP growth in China will decrease to about four percent in 2025, after five percent in 2023, depicting a decrease of more than six percentage points from 10.6 percent in 2010. Quarterly growth data published by the National Bureau of Statistics indicated 5.4 percent GDP growth for the first quarter of 2025.

Retail Sales in China increased 4.80 percent in June of 2025 over the same month in the previous year. This dataset provides - China Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumer Price Index CPI in China increased to 103.20 points in April from 103.10 points in March of 2025. This dataset provides - China Consumer Price Index (CPI) - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The United States recorded a trade deficit of 71.52 USD Billion in May of 2025. This dataset provides the latest reported value for - United States Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.