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.

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.

Key information about China GDP Per Capita

• China Gross Domestic Product (GDP) per Capita reached 13,306.173 USD in Dec 2024, compared with 12,959.024 USD in Dec 2023.
• China GDP Per Capita data is updated yearly, available from Dec 1957 to Dec 2024, with an average number of 388.951 USD.
• The data reached an all-time high of 13,306.173 USD in Dec 2024 and a record low of 68.243 in Dec 1957.
• CEIC converts annual GDP per Capita into USD. The National Bureau of Statistics provides GDP per Capita in local currency. Federal Reserve Board average market exchange rate is used for currency conversions.

• In the latest reports, China GDP expanded 4.550 % YoY in Mar 2023.
• China Nominal GDP reached 4,166.759 USD bn in Mar 2023.
• Its GDP deflator (implicit price deflator) increased 0.400 % in Mar 2023.
• Gross Savings Rate of China was measured at 44.277 % in Dec 2023.

China's digital economy has been growing rapidly in recent years. In 2023, the economy reached a size of nearly ** trillion yuan, registering a nominal year-on-year growth of **** percent, much higher than the country's nominal GDP growth at *** percent. The digital economy accounted for around ** percent of China's GDP.

GDP (current US$) in China was reported at 18743803170827 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. China - GDP - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

China GDP: Growth: Volume: Total Domestic Expenditure data was reported at 4.255 % in 2026. This records an increase from the previous number of 3.787 % for 2025. China GDP: Growth: Volume: Total Domestic Expenditure data is updated yearly, averaging 8.444 % from Dec 1993 (Median) to 2026, with 34 observations. The data reached an all-time high of 15.359 % in 1993 and a record low of 2.062 % in 2020. China GDP: Growth: Volume: Total Domestic Expenditure 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. TDDV_ANNPCT - Total domestic expenditure, volume, growth . Percentage change compared to the previous period. Quarterly growth expressed at annual rate.

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.

Exports of goods and services (% of GDP) in China was reported at 20.02 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. China - Exports of goods and services (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Manufacturing, value added (% of GDP) in China was reported at 24.87 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. China - Manufacturing, value added (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Note: Updates to this data product are discontinued. The China agricultural and economic database is a collection of agricultural-related data from official statistical publications of the People's Republic of China. Analysts and policy professionals around the world need information about the rapidly changing Chinese economy, but statistics are often published only in China and sometimes only in Chinese-language publications. This product assembles a wide variety of data items covering agricultural production, inputs, prices, food consumption, output of industrial products relevant to the agricultural sector, and macroeconomic data.

China Financial Account: Foreign Direct Investment: Net Inflows: in Reporting Economy data was reported at 159.696 USD bn in 2022. This records a decrease from the previous number of 300.625 USD bn for 2021. China Financial Account: Foreign Direct Investment: Net Inflows: in Reporting Economy data is updated yearly, averaging 46.830 USD bn from Dec 1982 (Median) to 2022, with 41 observations. The data reached an all-time high of 300.625 USD bn in 2021 and a record low of 430.000 USD mn in 1982. China Financial Account: Foreign Direct Investment: Net Inflows: in Reporting Economy 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.IDS: Balance of Payments: Capital and Financial Account: Annual. Foreign direct investment (net) shows the net change in foreign investment in the reporting country. Foreign direct investment is defined as investment that is made to acquire a lasting management interest (usually of 10 percent of voting stock) in an enterprise operating in a country other than that of the investor (defined according to residency), the investor's purpose being an effective voice in the management of the enterprise. It is the sum of equity capital, reinvestment of earnings, other long-term capital, and short-term capital as shown in the balance of payments. This series shows net inflows in the reporting economy. Data are in current U.S. dollars.

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.

China Contribution to Growth in Real GDP: Net Exports data was reported at 0.005 % in 2026. This records a decrease from the previous number of 0.011 % for 2025. China Contribution to Growth in Real GDP: Net Exports data is updated yearly, averaging 0.003 % from Dec 1992 (Median) to 2026, with 35 observations. The data reached an all-time high of 0.025 % in 2006 and a record low of -0.035 % in 2009. China Contribution to Growth in Real GDP: Net Exports 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. CQ_FBGSV-Net exports, contribution to growth in real GDP

China scored 73.90 points out of 100 on the 2019 Global Competitiveness Report published by the World Economic Forum. This dataset provides the latest reported value for - China Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

China BERD: % of Value Added data was reported at 2.295 % in 2021. This records an increase from the previous number of 2.281 % for 2020. China BERD: % of Value Added data is updated yearly, averaging 1.125 % from Dec 1991 (Median) to 2021, with 31 observations. The data reached an all-time high of 2.295 % in 2021 and a record low of 0.268 % in 1996. China BERD: % of Value Added 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.MSTI: Business Enterprise Investment on Research and Development: Non OECD Member: Annual.

Definition of MSTI variables 'Value Added of Industry' and 'Industrial Employment':

R&D data are typically expressed as a percentage of GDP to allow cross-country comparisons. When compiling such indicators for the business enterprise sector, one may wish to exclude, from GDP measures, economic activities for which the Business R&D (BERD) is null or negligible by definition. By doing so, the adjusted denominator (GDP, or Value Added, excluding non-relevant industries) better correspond to the numerator (BERD) with which it is compared to.

The MSTI variable 'Value added in industry' is used to this end:

It is calculated as the total Gross Value Added (GVA) excluding 'real estate activities' (ISIC rev.4 68) where the 'imputed rent of owner-occupied dwellings', specific to the framework of the System of National Accounts, represents a significant share of total GVA and has no R&D counterpart. Moreover, the R&D performed by the community, social and personal services is mainly driven by R&D performers other than businesses.

Consequently, the following service industries are also excluded: ISIC rev.4 84 to 88 and 97 to 98. GVA data are presented at basic prices except for the People's Republic of China, Japan and New Zealand (expressed at producers' prices).In the same way, some indicators on R&D personnel in the business sector are expressed as a percentage of industrial employment. The latter corresponds to total employment excluding ISIC rev.4 68, 84 to 88 and 97 to 98.

China GDP: Year to Date: TI: Wholesale and Retail Trade data was reported at 3,309.710 RMB bn in Mar 2025. This records a decrease from the previous number of 13,798.092 RMB bn for Dec 2024. China GDP: Year to Date: TI: Wholesale and Retail Trade data is updated quarterly, averaging 1,273.560 RMB bn from Dec 1991 (Median) to Mar 2025, with 134 observations. The data reached an all-time high of 13,798.092 RMB bn in Dec 2024 and a record low of 53.680 RMB bn in Mar 1992. China GDP: Year to Date: TI: Wholesale and Retail Trade 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.

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.

China's main stock market index, the SHANGHAI, fell to 3573 points on July 31, 2025, losing 1.18% from the previous session. Over the past month, the index has climbed 3.34% and is up 21.85% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks this benchmark index from China. China Shanghai Composite Stock Market Index - values, historical data, forecasts and news - updated on July of 2025.

China % of Value Added of Core Industries of Digital Economy: Manufacture of Digital Products data was reported at 33.800 % in 2023. China % of Value Added of Core Industries of Digital Economy: Manufacture of Digital Products data is updated yearly, averaging 33.800 % from Dec 2023 (Median) to 2023, with 1 observations. The data reached an all-time high of 33.800 % in 2023 and a record low of 33.800 % in 2023. China % of Value Added of Core Industries of Digital Economy: Manufacture of Digital Products 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.AVA: Value Added of Core Industries of Digital Economy.

China Leading Index data was reported at 92.852 2015=100 in Feb 2020. This records a decrease from the previous number of 94.431 2015=100 for Jan 2020. China Leading Index data is updated monthly, averaging 108.084 2015=100 from Jan 2001 (Median) to Feb 2020, with 230 observations. The data reached an all-time high of 130.175 2015=100 in Nov 2009 and a record low of 92.852 2015=100 in Feb 2020. China Leading Index 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.OF: Economic Climate Indicator.