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 4.8 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.

The Gross Domestic Product (GDP) in China expanded 1.10 percent in the third 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 graph shows per capita gross domestic product (GDP) in China until 2024, with forecasts until 2030. In 2024, per capita GDP reached around 13,300 U.S. dollars in China. That year, the overall GDP of China had amounted to 18.7 trillion U.S. dollars. Per capita GDP in China Gross domestic product is a commonly-used economic indicator for measuring the state of a country's economy. GDP is the total market value of goods and services produced in a country within a given period of time, usually a year. Per capita GDP is defined as the GDP divided by the total number of people in the country. This indicator is generally used to compare the economic prosperity of countries with varying population sizes.In 2010, China overtook Japan and became the world’s second-largest economy. As of 2024, it was the largest exporter and the second largest importer in the world. However, one reason behind its economic strength lies within its population size. China has to distribute its wealth among 1.4 billion people. By 2023, China's per capita GDP was only about one fourth as large as that of main industrialized countries. When compared to other emerging markets, China ranked second among BRIC countries in terms of GDP per capita. Future development According to projections by the IMF, per capita GDP in China will escalate from around 13,300 U.S. dollars in 2024 to 18,600 U.S. dollars in 2030. Major reasons for this are comparatively high economic growth rates combined with negative population growth. China's economic structure is also undergoing changes. A major trend lies in the shift from an industry-based to a service-based economy.

China GDP data was reported at 31,875.800 RMB bn in Mar 2025. This records a decrease from the previous number of 37,372.616 RMB bn for Dec 2024. China GDP data is updated quarterly, averaging 7,996.500 RMB bn from Mar 1992 (Median) to Mar 2025, with 133 observations. The data reached an all-time high of 37,372.616 RMB bn in Dec 2024 and a record low of 528.490 RMB bn in Mar 1992. China GDP data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under Global Database’s China – Table CN.AA: Gross Domestic Product: Quarterly.

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 19.3 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.

Actual value and historical data chart for China Exports Of Goods And Services Percent Of GDP

China: Economic freedom, overall index (0-100): The latest value from 2025 is 49 index points, unchanged from 49 index points in 2024. In comparison, the world average is 60 index points, based on data from 174 countries. Historically, the average for China from 1995 to 2025 is 53 index points. The minimum value, 48 index points, was reached in 2022 while the maximum of 60 index points was recorded in 2020.

China GDP: Year to Date: TI: Other data was reported at 6,103.210 RMB bn in Mar 2025. This records a decrease from the previous number of 23,201.437 RMB bn for Dec 2024. China GDP: Year to Date: TI: Other data is updated quarterly, averaging 2,711.085 RMB bn from Dec 1991 (Median) to Mar 2025, with 134 observations. The data reached an all-time high of 23,201.437 RMB bn in Dec 2024 and a record low of 59.150 RMB bn in Mar 1992. China GDP: Year to Date: TI: Other data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s National Accounts – Table CN.AA: Gross Domestic Product: Quarterly. Added since the Q1/2015: 'Information transmission, software and information technology services' and 'leasing and commercial services' 'Other tertiary industry' since then does not contain these two industries.

Key information about China Gross National Product (GNP)

• China Gross National Product (GNP) was reported at 18,619.311 USD bn in Dec 2024.
• This records an increase from the previous number of 18,147.293 USD bn for Dec 2023.
• China Gross National Product (GNP) data is updated yearly, averaging 395.371 USD bn from Dec 1957 to 2024, with 68 observations.
• The data reached an all-time high of 18,619.311 USD bn in 2024 and a record low of 43.606 USD bn in 1957.

• China Gross National Product (GNP) data remains active status in CEIC and is reported by CEIC Data.
• CEIC converts annual Gross National Product into USD. The National Bureau of Statistics provides Gross National Product in local currency. Federal Reserve Board average market exchange rate is used for currency conversions.

GDP: Guangdong: Shenzhen data was reported at 3,680.187 RMB bn in 2024. This records an increase from the previous number of 3,490.327 RMB bn for 2023. GDP: Guangdong: Shenzhen data is updated yearly, averaging 277.009 RMB bn from Dec 1979 (Median) to 2024, with 46 observations. The data reached an all-time high of 3,680.187 RMB bn in 2024 and a record low of 0.196 RMB bn in 1979. GDP: Guangdong: Shenzhen data remains active status in CEIC and is reported by Shenzhen Municipal Bureau of Statistics. The data is categorized under China Premium Database’s National Accounts – Table CN.AE: Gross Domestic Product: Prefecture Level City.

In 2024, the real growth rate of the gross domestic product (GDP) of Yunnan province in China increased by *** percent compared to the previous year. Yunnan province is located in Southwestern China.

Actual value and historical data chart for China GDP Us Dollar

China: Trade openness: exports plus imports as percent of GDP: The latest value from 2024 is 37.2 percent, an increase from 36.11 percent in 2023. In comparison, the world average is 92.80 percent, based on data from 133 countries. Historically, the average for China from 1960 to 2024 is 27.87 percent. The minimum value, 4.83 percent, was reached in 1970 while the maximum of 63.57 percent was recorded in 2006.

GDP from Manufacturing in China increased to 306003.60 CNY Hundred Million in the third quarter of 2025 from 202550.30 CNY Hundred Million in the second quarter of 2025. This dataset provides - China Gdp From Manufacturing- actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2024, the annual real growth of the gross domestic product (GDP) in different regions in China varied from around 6.3 percent in Tibet autonomous region to 2.3 percent in Shanxi province. The average national GDP growth ranged at 5.0 percent in 2024.

China GDP: Growth data was reported at 5.678 % in 2026. This records an increase from the previous number of 5.253 % for 2025. China GDP: Growth data is updated yearly, averaging 10.520 % from Dec 1993 (Median) to 2026, with 34 observations. The data reached an all-time high of 36.342 % in 1994 and a record low of 2.742 % in 2020. China GDP: Growth data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s China – Table CN.OECD.EO: GDP: Growth and Contribution to Growth: Forecast: Non OECD Member: Annual. GDP_ANNPCT - Gross domestic product, nominal value, growthExpenditure approach. Percentage change compared to the previous period. Quarterly growth expressed at annual rate.

Graph and download economic data for National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product: Total for China (CHNGDPRAPSMEI) from 1992 to 2024 about China, real, GDP, and rate.

View quarterly updates and historical trends for China GDP. Source: National Bureau of Statistics of China. Track economic data with YCharts analytics.

Key information about Hong Kong SAR (China) Nominal GDP Growth

• Hong Kong SAR (China) Nominal GDP Growth was reported at 5.347 % in Dec 2024.
• This records a decrease from the previous number of 6.614 % for Sep 2024.
• Hong Kong SAR (China) Nominal GDP Growth data is updated quarterly, averaging 7.415 % from Mar 1974 to Dec 2024, with 204 observations.
• The data reached an all-time high of 36.823 % in Dec 1979 and a record low of -8.902 % in Jun 2020.
• Hong Kong SAR (China) Nominal GDP Growth data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Y-o-Y Growth: Quarterly.

GDP from Services in China increased to 592955.20 CNY Hundred Million in the third quarter of 2025 from 390313.80 CNY Hundred Million in the second quarter of 2025. This dataset provides - China Gdp From Services- actual values, historical data, forecast, chart, statistics, economic calendar and news.