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.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
The Gross Domestic Product per capita in China was last recorded at 23845.62 US dollars in 2024, when adjusted by purchasing power parity (PPP). The GDP per Capita, in China, when adjusted by Purchasing Power Parity is equivalent to 134 percent of the world's average. This dataset provides - China GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.
The graph shows other countries' perception of China as leading economic power between February and May of 2023. During the survey period, 43 percent of the respondents in Germany had viewed China as the worlds' leading economic power.
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.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
China Electricity Construction Investment: Year to Date: Power Source: Solar Photovoltaic data was reported at 320,900.000 RMB mn in Nov 2023. This records an increase from the previous number of 269,400.000 RMB mn for Oct 2023. China Electricity Construction Investment: Year to Date: Power Source: Solar Photovoltaic data is updated monthly, averaging 46,100.000 RMB mn from Dec 2015 (Median) to Nov 2023, with 38 observations. The data reached an all-time high of 320,900.000 RMB mn in Nov 2023 and a record low of 3,700.000 RMB mn in Feb 2021. China Electricity Construction Investment: Year to Date: Power Source: Solar Photovoltaic data remains active status in CEIC and is reported by China Electricity Council. The data is categorized under China Premium Database’s Energy Sector – Table. CN.RBF: Electricity Construction Investment: Monthly .
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
China: GDP per capita, Purchasing Power Parity: The latest value from 2023 is 22138 U.S. dollars, an increase from 21012 U.S. dollars in 2022. In comparison, the world average is 26826 U.S. dollars, based on data from 183 countries. Historically, the average for China from 1990 to 2023 is 9224 U.S. dollars. The minimum value, 1646 U.S. dollars, was reached in 1990 while the maximum of 22138 U.S. dollars was recorded in 2023.
https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain
Graph and download economic data for Purchasing Power Parity over GDP for China (PPPTT2CNA618NUPN) from 1952 to 2010 about PPP, China, and GDP.
https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain
Graph and download economic data for Output-side Real GDP at chained Purchasing Power Parities for China (RGDPOSCNA666NRUG) from 1952 to 2019 about chained, PPP, China, real, and GDP.
https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain
Graph and download economic data for Purchasing Power Parity Converted GDP Per Capita (Chain Series) for China (RGDPC2CNA625NUPN) from 1952 to 2010 about chained, PPP, China, per capita, and GDP.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
China Capacity of Power Generating Equipment: Wind Power data was reported at 520,680.000 kW th in 2024. This records an increase from the previous number of 441,440.000 kW th for 2023. China Capacity of Power Generating Equipment: Wind Power data is updated yearly, averaging 61,423.343 kW th from Dec 2000 (Median) to 2024, with 25 observations. The data reached an all-time high of 520,680.000 kW th in 2024 and a record low of 340.000 kW th in 2000. China Capacity of Power Generating Equipment: Wind Power data remains active status in CEIC and is reported by China Electricity Council. The data is categorized under China Premium Database’s Energy Sector – Table CN.RBE: Capacity of Power Generating Equipment.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
China Electricity Construction Investment: Power Source: Grid data was reported at 608,300.000 RMB mn in 2024. This records an increase from the previous number of 527,700.000 RMB mn for 2023. China Electricity Construction Investment: Power Source: Grid data is updated yearly, averaging 463,981.089 RMB mn from Dec 2006 (Median) to 2024, with 19 observations. The data reached an all-time high of 608,300.000 RMB mn in 2024 and a record low of 210,575.000 RMB mn in 2006. China Electricity Construction Investment: Power Source: Grid data remains active status in CEIC and is reported by China Electricity Council. The data is categorized under China Premium Database’s Energy Sector – Table. CN.RBF: Electricity Construction Investment.
https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain
Graph and download economic data for Expenditure-side Real GDP at Current Purchasing Power Parities for China (CGDPESCNA666NRUG) from 1952 to 2019 about PPP, China, expenditures, real, and GDP.
The graph shows the perception of China and the United States as leading economic powers from 2009 to 2019. In 2019, 33 percent of respondents worldwide saw China as the leading economic power, one percentage point less than in 2018.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
China Hydro Power: Profit to Cost Ratio data was reported at 37.186 % in Oct 2015. This records an increase from the previous number of 36.677 % for Sep 2015. China Hydro Power: Profit to Cost Ratio data is updated monthly, averaging 20.690 % from Dec 2006 (Median) to Oct 2015, with 83 observations. The data reached an all-time high of 37.641 % in Oct 2014 and a record low of -5.133 % in Feb 2010. China Hydro Power: Profit to Cost Ratio data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Utility Sector – Table CN.RCB: Financial Data: Electricity Production: Hydro Power.
This statistic illustrates the ranking of China's economic soft power among ** countries in the global soft power index list from 2015 to 2019. According to the Soft Power ** study results of 2019, China ranked number ** in the economics category among ** countries worldwide.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
China Electricity Construction Investment: Year to Date: Power Source: Grid data was reported at 95,600.000 RMB mn in Mar 2025. This records an increase from the previous number of 43,600.000 RMB mn for Feb 2025. China Electricity Construction Investment: Year to Date: Power Source: Grid data is updated monthly, averaging 203,600.000 RMB mn from Dec 2008 (Median) to Mar 2025, with 169 observations. The data reached an all-time high of 608,300.000 RMB mn in Dec 2024 and a record low of 13,800.000 RMB mn in Feb 2020. China Electricity Construction Investment: Year to Date: Power Source: Grid data remains active status in CEIC and is reported by China Electricity Council. The data is categorized under China Premium Database’s Energy Sector – Table. CN.RBF: Electricity Construction Investment: Monthly .
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Capacity of Power Generating Equip: Anhui data was reported at 124,045.000 kW th in 2024. This records an increase from the previous number of 106,400.000 kW th for 2023. Capacity of Power Generating Equip: Anhui data is updated yearly, averaging 29,330.000 kW th from Dec 1996 (Median) to 2024, with 29 observations. The data reached an all-time high of 124,045.000 kW th in 2024 and a record low of 6,741.600 kW th in 1996. Capacity of Power Generating Equip: Anhui data remains active status in CEIC and is reported by China Electricity Council. The data is categorized under China Premium Database’s Energy Sector – Table CN.RBE: Capacity of Power Generating Equipment.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Power Generating Equipment Utilization: Heilongjiang data was reported at 3,025.000 Hour in 2023. This records an increase from the previous number of 2,925.000 Hour for 2022. Power Generating Equipment Utilization: Heilongjiang data is updated yearly, averaging 4,032.000 Hour from Dec 1996 (Median) to 2023, with 27 observations. The data reached an all-time high of 5,147.000 Hour in 2006 and a record low of 2,925.000 Hour in 2022. Power Generating Equipment Utilization: Heilongjiang data remains active status in CEIC and is reported by China Electricity Council. The data is categorized under China Premium Database’s Energy Sector – Table CN.RBD: Utilization of Power Generating Equipment.
According to a report on Chinese cities from 2024 that provided a ranking of their economic clout, Beijing, Shanghai, and Hong Kong shared first place with a total composite score of ***. The overall city ranking, which consisted of ten subsets, was headed by China's capital Beijing.
According to preliminary figures, the growth of real gross domestic product (GDP) in China amounted to 5.0 percent in 2024. For 2025, the IMF expects a GDP growth rate of around 3.95 percent. Real GDP growth The current gross domestic product is an important indicator of the economic strength of a country. It refers to the total market value of all goods and services that are produced within a country per year. When analyzing year-on-year changes, the current GDP is adjusted for inflation, thus making it constant. Real GDP growth is regarded as a key indicator for economic growth as it incorporates constant GDP figures. As of 2024, China was among the leading countries with the largest gross domestic product worldwide, second only to the United States which had a GDP volume of almost 29.2 trillion U.S. dollars. The Chinese GDP has shown remarkable growth over the past years. Upon closer examination of the distribution of GDP across economic sectors, a gradual shift from an economy heavily based on industrial production towards an economy focused on services becomes visible, with the service industry outpacing the manufacturing sector in terms of GDP contribution. Key indicator balance of trade Another important indicator for economic assessment is the balance of trade, which measures the relationship between imports and exports of a nation. As an economy heavily reliant on manufacturing and industrial production, China has reached a trade surplus over the last decade, with a total trade balance of around 992 billion U.S. dollars in 2024.
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.