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Key information about China GDP Per Capita
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Historical chart and dataset showing China GDP by year from 1960 to 2023.
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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China's shift to Western-style diets is driving global economic changes, influencing meat demand and international trade dynamics.
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China GDP: Linked Series data was reported at 126,058,207.463 RMB mn in 2023. This records an increase from the previous number of 120,472,395.262 RMB mn for 2022. China GDP: Linked Series data is updated yearly, averaging 24,476,539.927 RMB mn from Dec 1990 (Median) to 2023, with 34 observations. The data reached an all-time high of 126,058,207.463 RMB mn in 2023 and a record low of 1,887,286.883 RMB mn in 1990. China GDP: Linked Series data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s China – Table CN.World Bank.WDI: Gross Domestic Product: Nominal. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. Data are in current local currency.;World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.;;
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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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<ul style='margin-top:20px;'>
<li>China trade to gdp ratio for 2022 was <strong>38.35%</strong>, a <strong>1.05% increase</strong> from 2021.</li>
<li>China trade to gdp ratio for 2021 was <strong>37.30%</strong>, a <strong>2.55% increase</strong> from 2020.</li>
<li>China trade to gdp ratio for 2020 was <strong>34.75%</strong>, a <strong>1.14% decline</strong> from 2019.</li>
</ul>Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.
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China GDP: Growth: Deflator: Double Hit Scenario data was reported at 1.624 % in 2021. This records an increase from the previous number of 1.387 % for 2020. China GDP: Growth: Deflator: Double Hit Scenario data is updated yearly, averaging 2.337 % from Dec 1993 (Median) to 2021, with 29 observations. The data reached an all-time high of 20.619 % in 1994 and a record low of -1.264 % in 1999. China GDP: Growth: Deflator: Double Hit Scenario 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. PGDP_ANNPCT - Gross domestic product, market prices, deflator. Percentage change compared to the previous period. Quarterly growth expressed at annual rate.
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Key information about China Gross National Product (GNP)
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China Share to(GDP) Gross Domestic ProductGrowth: Year to Date: Secondary Industry data was reported at 38.300 % in Mar 2025. This records a decrease from the previous number of 38.600 % for Dec 2024. China Share to(GDP) Gross Domestic ProductGrowth: Year to Date: Secondary Industry data is updated quarterly, averaging 49.300 % from Mar 1992 (Median) to Mar 2025, with 133 observations. The data reached an all-time high of 66.200 % in Sep 1994 and a record low of 21.800 % in Mar 2023. China Share to(GDP) Gross Domestic ProductGrowth: Year to Date: Secondary Industry 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: Contribution and Share to Growth.
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CN: Macro-economic Climate Index: Leading Index data was reported at 98.800 2019=100 in Nov 2024. This records an increase from the previous number of 98.700 2019=100 for Oct 2024. CN: Macro-economic Climate Index: Leading Index data is updated monthly, averaging 98.900 2019=100 from Dec 2022 (Median) to Nov 2024, with 24 observations. The data reached an all-time high of 100.680 2019=100 in Apr 2023 and a record low of 95.888 2019=100 in Dec 2022. CN: Macro-economic Climate Index: Leading Index data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Business and Economic Survey – Table CN.OF: Economic Climate Indicator.
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GDP: by Income: Fujian data was reported at 5,776.102 RMB bn in 2024. This records an increase from the previous number of 5,480.170 RMB bn for 2023. GDP: by Income: Fujian data is updated yearly, averaging 38.321 RMB bn from Dec 1952 (Median) to 2024, with 73 observations. The data reached an all-time high of 5,776.102 RMB bn in 2024 and a record low of 1.273 RMB bn in 1952. GDP: by Income: Fujian 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: Income: by Province.
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China GDP: Growth: Volume: Imports of Goods and Services: Double Hit Scenario data was reported at 2.190 % in 2021. This records an increase from the previous number of -2.600 % for 2020. China GDP: Growth: Volume: Imports of Goods and Services: Double Hit Scenario data is updated yearly, averaging 11.784 % from Dec 1993 (Median) to 2021, with 29 observations. The data reached an all-time high of 34.157 % in 1993 and a record low of -3.014 % in 1998. China GDP: Growth: Volume: Imports of Goods and Services: Double Hit Scenario 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. MGSV_ANNPCT - Imports of goods and services, volume, growth (national accounts basis). Percentage change compared to the previous period. Quarterly growth expressed at annual rate.
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GDP: by Income: Guizhou data was reported at 2,266.712 RMB bn in 2024. This records an increase from the previous number of 2,151.370 RMB bn for 2023. GDP: by Income: Guizhou data is updated yearly, averaging 15.254 RMB bn from Dec 1949 (Median) to 2024, with 76 observations. The data reached an all-time high of 2,266.712 RMB bn in 2024 and a record low of 0.623 RMB bn in 1949. GDP: by Income: Guizhou 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: Income: by Province.
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China Trade Balance: Emerging and Developing Economies: Western Hemisphere: Jamaica data was reported at 471.773 USD mn in 2017. This records a decrease from the previous number of 508.164 USD mn for 2016. China Trade Balance: Emerging and Developing Economies: Western Hemisphere: Jamaica data is updated yearly, averaging 17.188 USD mn from Dec 1981 (Median) to 2017, with 37 observations. The data reached an all-time high of 755.306 USD mn in 2012 and a record low of -179.124 USD mn in 2006. China Trade Balance: Emerging and Developing Economies: Western Hemisphere: Jamaica data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s China – Table CN.IMF.DOT: Trade Balance: by Country: Annual.
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China Consumer Confidence Score: Future Local Economy: Positive Response data was reported at 74.468 Score in Jan 2023. This records an increase from the previous number of 72.569 Score for Dec 2022. China Consumer Confidence Score: Future Local Economy: Positive Response data is updated monthly, averaging 51.858 Score from Mar 2010 (Median) to Jan 2023, with 155 observations. The data reached an all-time high of 83.488 Score in Jan 2021 and a record low of 32.265 Score in Sep 2012. China Consumer Confidence Score: Future Local Economy: Positive Response data remains active status in CEIC and is reported by Ipsos Group S.A.. The data is categorized under Global Database’s China – Table CN.IPSOS: Consumer Confidence Survey.
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GDP: by Income: Guangxi data was reported at 2,864.940 RMB bn in 2024. This records an increase from the previous number of 2,750.200 RMB bn for 2023. GDP: by Income: Guangxi data is updated yearly, averaging 24.156 RMB bn from Dec 1950 (Median) to 2024, with 75 observations. The data reached an all-time high of 2,864.940 RMB bn in 2024 and a record low of 0.940 RMB bn in 1950. GDP: by Income: Guangxi 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: Income: by Province.
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China GDP: Deflator: Exports of Goods and Services: Single Hit Scenario data was reported at 0.978 Index, 2015 in 2021. This records a decrease from the previous number of 0.988 Index, 2015 for 2020. China GDP: Deflator: Exports of Goods and Services: Single Hit Scenario data is updated yearly, averaging 0.974 Index, 2015 from Dec 1982 (Median) to 2021, with 40 observations. The data reached an all-time high of 1.087 Index, 2015 in 1995 and a record low of 0.177 Index, 2015 in 1982. China GDP: Deflator: Exports of Goods and Services: Single Hit Scenario 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: Deflator: Forecast: Non OECD Member: Annual. PXGS - Exports of goods and services, deflator (national accounts basis)Index, national reference year
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China Trade Balance: Emerging and Developing Economies: Western Hemisphere: Dominica data was reported at 48.982 USD mn in 2017. This records an increase from the previous number of 35.586 USD mn for 2016. China Trade Balance: Emerging and Developing Economies: Western Hemisphere: Dominica data is updated yearly, averaging 33.461 USD mn from Dec 1981 (Median) to 2017, with 36 observations. The data reached an all-time high of 86.729 USD mn in 2001 and a record low of 0.100 USD mn in 1985. China Trade Balance: Emerging and Developing Economies: Western Hemisphere: Dominica data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s China – Table CN.IMF.DOT: Trade Balance: by Country: Annual.
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China Trade Balance: Emerging and Developing Economies: Western Hemisphere: Suriname data was reported at 37.414 USD mn in Mar 2018. This records a decrease from the previous number of 45.521 USD mn for Dec 2017. China Trade Balance: Emerging and Developing Economies: Western Hemisphere: Suriname data is updated quarterly, averaging 2.116 USD mn from Mar 1981 (Median) to Mar 2018, with 144 observations. The data reached an all-time high of 58.633 USD mn in Dec 2001 and a record low of -5.468 USD mn in Jun 2003. China Trade Balance: Emerging and Developing Economies: Western Hemisphere: Suriname data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s China – Table CN.IMF.DOT: Trade Balance: by Country: Quarterly.
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Key information about China GDP Per Capita