The Gross Domestic Product (GDP) in China was worth 18743.80 billion US dollars in 2024, according to official data from the World Bank. The GDP value of China represents 17.65 percent of the world economy. This dataset provides - China GDP - 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.

According to a median projection in July 2025, China's GDP was expected to grow by *** percent in 2025. In the first quarter of 2020, the second-largest economy recorded the first contraction in decades due to the epidemic.  A root-to-branch shutdown of factories To curb the spread of the virus, the Chinese government imposed a lockdown in Wuhan, the epicenter, and other cities in Hubei province on January 23, 2020. A strict nationwide lockdown soon followed. Many factories remained closed in February, resulting in a plunge in manufacturing Purchasing Managers' Index (PMI). The shutdown of the “world’s factory” had severely disrupted global supply chains, especially automobile production. In March 2020, very few industrial sectors reported positive production growth.  The pharmaceuticals sector recorded a production increase, which was mainly driven by the global demand for vital medical supplies. China had exported over seven billion yuan worth of face masks. Ripple effects on global tourism Apart from the manufacturing industry, the prolonged closures of business had caused significant losses in various sectors in China. The travel and tourism sector was massively affected by a drastic decline in flight ticket sales  and hotel occupancy rates. The domestic tourism market expects a loss of 20 percent in revenues for 2020. Industry experts predicted that the global travel and tourism industry could lose about *** trillion U.S. dollars in that year. 

The Gross Domestic Product (GDP) in China expanded 1.10 percent in the second 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 Gross Domestic Product (GDP) in China expanded 5.20 percent in the second quarter of 2025 over the same quarter of the previous year. This dataset provides - China GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

China gdp growth rate for 2023 was 5.20%, a 2.21% increase from 2022.

<ul style='margin-top:20px;'>

<li>China gdp growth rate for 2022 was <strong>2.99%</strong>, a <strong>5.46% decline</strong> from 2021.</li>
<li>China gdp growth rate for 2021 was <strong>8.45%</strong>, a <strong>6.21% increase</strong> from 2020.</li>
<li>China gdp growth rate for 2020 was <strong>2.24%</strong>, a <strong>3.71% decline</strong> from 2019.</li>
</ul>Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. 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.

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 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.

In the second quarter of 2025, the growth of the real gross domestic product (GDP) in China ranged at *** percent compared to the same quarter of the previous year. IT services displayed the highest sectoral growth reaching **** percent compared to **** percent in the construction sector.

The Gross Domestic Product per capita in China was last recorded at 13121.68 US dollars in 2024. The GDP per Capita in China is equivalent to 104 percent of the world's average. This dataset provides - China GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

China Gross Domestic Product (GDP) data was reported at 146,242.870 RMB bn in 2026. This records an increase from the previous number of 138,385.004 RMB bn for 2025. China Gross Domestic Product (GDP) data is updated yearly, averaging 34,851.770 RMB bn from Dec 1992 (Median) to 2026, with 35 observations. The data reached an all-time high of 146,242.870 RMB bn in 2026 and a record low of 2,719.450 RMB bn in 1992. China Gross Domestic Product (GDP) 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 by Expenditure: Forecast: Non OECD Member: Annual. GDP-Gross domestic product, value, market prices Expenditure approach

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...

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.

China Potential(GDP) Gross Domestic ProductGrowth: Volume data was reported at 4.539 % in 2025. This records a decrease from the previous number of 4.578 % for 2024. China Potential(GDP) Gross Domestic ProductGrowth: Volume data is updated yearly, averaging 9.556 % from Dec 1991 (Median) to 2025, with 35 observations. The data reached an all-time high of 12.953 % in 1991 and a record low of 4.539 % in 2025. China Potential(GDP) Gross Domestic ProductGrowth: Volume 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: Potential Output and Output Gap: Forecast: Non OECD Member: Annual. GDPVTR_ANNPCT - Potential output, volume, growth. Percentage change compared to the previous period. Quarterly growth expressed at annual rate.

CN:(GDP) Gross Domestic ProductNowcast: China: Impact: Next Quarter: External Trade: Exports data was reported at 0.112 % Point in Mar 2025. This records an increase from the previous number of -0.114 % Point for Feb 2025. CN:(GDP) Gross Domestic ProductNowcast: China: Impact: Next Quarter: External Trade: Exports data is updated monthly, averaging 0.019 % Point from Oct 2024 (Median) to Mar 2025, with 6 observations. The data reached an all-time high of 0.112 % Point in Mar 2025 and a record low of -0.114 % Point in Feb 2025. CN:(GDP) Gross Domestic ProductNowcast: China: Impact: Next Quarter: External Trade: Exports data remains active status in CEIC and is reported by CEIC Data. The data is categorized under China Premium Database’s National Accounts – Table CN.AJ: Gross Domestic Product: Nowcast: Next Quarter. China GDP releases in January for Q4, April for Q1, July for Q2 and October for Q3. 'Next Quarter' during periods between - October release to January release refers to Q1 GDP data estimate; January release to April release refers to Q2 GDP data estimate; April release to July release refers Q3 GDP data estimate; July release to October release refers to Q4 GDP data estimate.

GDP per capita (current US$) in China was reported at 13303 USD in 2024, 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.

GDP Constant Prices in China increased to 630101 CNY Hundred Million in the second quarter of 2025 from 306612.20 CNY Hundred Million in the first quarter of 2025. This dataset provides - China Gdp Current Prices- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP, billion currency units in China, March, 2025 The most recent value is 31875.8 billion Chinese Renminbi as of Q1 2025, a decline compared to the previous value of 37372.62 billion Chinese Renminbi. Historically, the average for China from Q1 1992 to Q1 2025 is 11768.46 billion Chinese Renminbi. The minimum of 526.28 billion Chinese Renminbi was recorded in Q1 1992, while the maximum of 37372.62 billion Chinese Renminbi was reached in Q4 2024. | TheGlobalEconomy.com

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.