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The Gross Domestic Product (GDP) in China expanded 1.20 percent in the first 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.
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.
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The latest data from show economic growth of 5.4 percent,
which is no change from the rate of growth of 5.4 percent in the previous quarter and
an increase compared to the growth rate of 5.3 percent in the same quarter last year.
The economic growth time series for China cover the period from...
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GDP per capita (current US$) in China was reported at 12614 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. China - GDP per capita - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.
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.
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GDP from Manufacturing in China decreased to 98344.50 CNY Hundred Million in the first quarter of 2025 from 405442.10 CNY Hundred Million in the fourth quarter of 2024. This dataset provides - China Gdp From Manufacturing- actual values, historical data, forecast, chart, statistics, economic calendar and news.
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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.
In May 2025, the Purchasing Leader Index (PLI) in China resided at about **** percent. An indicator of the economic health of the manufacturing sector, the PLI is based on five major indicators: new orders, inventory levels, production, supplier deliveries, and the employment environment. An index value above 50 percent indicates a positive development in the industrial sector, whereas a value below 50 percent indicates a negative situation. The PLI as a major economic indicator The Purchasing Leader Index was first introduced by the US-based Institute of Supply Management in 1948. It has become one of the most widely used and closely watched indicators of business activities worldwide. The PLI is not only an apt indicator for manufacturing growth, it also supports interest rate decisions of central bank institutions. PLI figures around the globe were dominated by the COVID-19 pandemic in 2020. In the Euro area, the PLI recovered from a considerable drop in April 2020, regaining pre-crisis level in June. In the United States, the monthly PLI indicated an even better improvement from low values in April and March. Recent PLI development in China As is shown in the graph at hand, the PLI of China as the world’s second-largest economy dropped considerably in February 2020 due to the coronavirus pandemic. In March, the index indicated a striking rebound and ranged at a level slightly above 50 index points afterwards. During 2021, the index was characterized by a slightly downward trend. In 2022, the index displayed an unstable development with two significant dips in April and December, finally concluding with a strong rebound in January 2023. The non-manufacturing PLI in China displayed a similar development.
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Remittance inflows to GDP (%) in China was reported at 0.12852 % in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources. China - Remittance inflows to GDP - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.
The gross domestic product (GDP) growth rate of all major economies included except China was negative in 2020 following the COVID-19 pandemic. Growth rates were positive again in 2021, but stagnated in some countries in 2023 amid high inflation rates. What does GDP measure? GDP is the sum of all consumption, investment, government spending, and net exports in an economy. As such, different things drive the growth of each of these countries. Germany benefits from a high value of net exports, also known as its trade balance. Drawbacks of GDP growth as a metric GDP measures growth, but it does not capture welfare gains correctly in many cases. For example, carbon dioxide emissions often go hand in hand with a growing GDP. These emissions are from industry, such as coal power plants, or consumption, such as driving cars, but GDP does not measure the damage from these activities. Also, national debt is not incorporated into GDP.
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Loans to Private Sector in China increased to 834021.23 CNY Hundred Million in May from 833481.80 CNY Hundred Million in April of 2025. This dataset provides - China Loans To Private Sector - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Gross Domestic Product (GDP): Year to Date: Hainan data was reported at 190.417 RMB bn in Mar 2025. This records a decrease from the previous number of 793.569 RMB bn for Dec 2024. Gross Domestic Product (GDP): Year to Date: Hainan data is updated quarterly, averaging 112.915 RMB bn from Dec 1992 (Median) to Mar 2025, with 107 observations. The data reached an all-time high of 793.569 RMB bn in Dec 2024 and a record low of 10.265 RMB bn in Mar 2000. Gross Domestic Product (GDP): Year to Date: Hainan 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: by Province: Quarterly.
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China Natural Gas: YoY: Year to Date: Apparent Consumption data was reported at -2.200 % in Mar 2025. This records an increase from the previous number of -3.400 % for Feb 2025. China Natural Gas: YoY: Year to Date: Apparent Consumption data is updated monthly, averaging 11.500 % from Jun 2010 (Median) to Mar 2025, with 156 observations. The data reached an all-time high of 22.200 % in Oct 2010 and a record low of -3.400 % in Feb 2025. China Natural Gas: YoY: Year to Date: Apparent Consumption data remains active status in CEIC and is reported by National Development and Reform Commission. The data is categorized under China Premium Database’s Energy Sector – Table CN.RBR: NDRC: Gas.
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Long-term interest rate in China, February, 2025 The most recent value is 1.72 percent as of February 2025, an increase compared to the previous value of 1.63 percent. Historically, the average for China from January 2014 to February 2025 is 3.09 percent. The minimum of 1.63 percent was recorded in January 2025, while the maximum of 4.5 percent was reached in January 2014. | TheGlobalEconomy.com
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Consumer Price Index (CPI) in China, May, 2025 The most recent value is 131.5645 index points as of May 2025, a decline compared to the previous value of 131.8282 index points. Historically, the average for China from January 1986 to May 2025 is 88.3346 index points. The minimum of 25.331 index points was recorded in August 1986, while the maximum of 133.1705 index points was reached in February 2024. | TheGlobalEconomy.com
Computer-generated human-looking avatars have become the latest trend on the Chinese internet. In 2021, there were over ******* companies with businesses related to virtual humans. The figure was estimated to ****** by 2024.
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China GDP: TI: Information Transmission, Software and Information Technology Service data was reported at 1,836.980 RMB bn in Mar 2025. This records an increase from the previous number of 1,570.792 RMB bn for Dec 2024. China GDP: TI: Information Transmission, Software and Information Technology Service data is updated quarterly, averaging 906.370 RMB bn from Mar 2015 (Median) to Mar 2025, with 41 observations. The data reached an all-time high of 1,836.980 RMB bn in Mar 2025 and a record low of 404.860 RMB bn in Sep 2015. China GDP: TI: Information Transmission, Software and Information Technology Service 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.
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China's shift to Western-style diets is driving global economic changes, influencing meat demand and international trade dynamics.
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China recorded a trade surplus of 103.22 USD Billion in May of 2025. This dataset provides - China Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Business credit, billion currency units in China, March, 2025 The most recent value is 175941.93 billion Chinese Renminbi as of March 2025, an increase compared to the previous value of 173165.44 billion Chinese Renminbi. Historically, the average for China from January 2015 to March 2025 is 106865.55 billion Chinese Renminbi. The minimum of 61752.73 billion Chinese Renminbi was recorded in January 2015, while the maximum of 175941.93 billion Chinese Renminbi was reached in March 2025. | TheGlobalEconomy.com
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The Gross Domestic Product (GDP) in China expanded 1.20 percent in the first 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.