Key information about China GDP Per Capita

• China Gross Domestic Product (GDP) per Capita reached 12,621.720 USD in Dec 2023, compared with 12,674.873 USD in Dec 2022.
• China GDP Per Capita data is updated yearly, available from Dec 1957 to Dec 2023, with an average number of 369.297 USD.
• The data reached an all-time high of 12,674.873 USD in Dec 2022 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.

The graph shows per capita gross domestic product (GDP) in China until 2023, with forecasts until 2029. In 2023, per capita GDP reached around 12,600 U.S. dollars in China. That year, the overall GDP of China had amounted to 17.8 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 2023, 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 12,600 U.S. dollars in 2022 to 17,700 U.S. dollars in 2029. 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.

The Gross Domestic Product per capita in China was last recorded at 12175.20 US dollars in 2023. The GDP per Capita in China is equivalent to 96 percent of the world's average. This dataset provides - China GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2023, the annual per capita gross domestic product (GDP) in different provinces, municipalities, and autonomous regions in China varied from approximately 200,300 yuan in Beijing municipality to roughly 47,900 yuan in Gansu province. The average national per capita GDP crossed the threshold of 10,000 U.S. dollars in 2019 and reached around 89,400 yuan in 2023. Regional economic differences in China The level of economic development varies considerably in different parts of China. Four major geographic and economic regions can be discerned in the country: The economically advanced coastal regions in the east, less developed regions in Northeast and Central China, and the developing regions in the west. This division has deep historical roots reflecting the geography of each region and their political past and present. Furthermore, regional economic development closely correlates with regional urbanization rates, which closely resembles the borders of the four main economic regions. Private income in different parts of China Breaking the average income figures further down by province, municipality, or autonomous region reveals that the average disposable income in Shanghai or Beijing is on average more than three times higher than in Tibet or Gansu province. In rural areas, average disposable income is often only between one third and one half of that in urban areas of the same region. Accordingly, consumer expenditure per capita in urban areas reaches the highest levels in Shanghai, Beijing, and the coastal regions of China.

The Gross Domestic Product per capita in China was last recorded at 22137.60 US dollars in 2023, when adjusted by purchasing power parity (PPP). The GDP per Capita, in China, when adjusted by Purchasing Power Parity is equivalent to 125 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.

GDP: per Capita: Guangdong: Shenzhen data was reported at 195,230.173 RMB in 2023. This records an increase from the previous number of 183,801.000 RMB for 2022. GDP: per Capita: Guangdong: Shenzhen data is updated yearly, averaging 35,390.000 RMB from Dec 1979 (Median) to 2023, with 45 observations. The data reached an all-time high of 195,230.173 RMB in 2023 and a record low of 606.000 RMB in 1979. GDP: per Capita: 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: per Capita.

In 2023, the average per capita gross domestic product (GDP) in the Guangdong - Hong Kong - Macao Greater Bay Area ranged at 22,867 U.S. dollars. Per capita gross domestic product in Macao amounted to around 69,385 U.S. dollars in that year, ranking first among cities in the Greater Bay Area. The Greater Bay Area in China The political concept of the Guangdong - Hong Kong - Macao Greater Bay Area was introduced to the public in 2017 and further implemented by jointly signed agreements in the following years. It aims at integrating the special administrative regions of Macao and Hong Kong into the Chinese mainland and boosting the economy of all participating cities in the Pearl River Delta. The development plan for the Greater Bay Area is part of a national Chinese initiative to promote several economic city clusters in China. On the Chinese mainland, nine cities are part of the Greater Bay Area region, all of them located in Guangdong province: Shenzhen, Guangzhou, Zhuhai, Foshan, Zhongshan, Dongguan, Huizhou, Jiangmen, and Zhaoqing. In the long run, the joint plan intends to develop the region into the world's largest and economically most successful Bay Area. Per capita GDP in the Greater Bay Area In terms of per capita GDP, the more mature economies of Macao and Hong Kong are still ahead of mainland Chinese cities in the Greater Bay Area, although Shenzhen and Guangzhou belong to the most developed cities in the whole of mainland China. However, growth rates on the mainland are considerably higher than in Hong Kong and Macao. This is especially true for Shenzhen, which is famous for its past economic boom and has developed into a bustling high-tech location, home to the well-known computer and internet giants Huawei and Tencent.

CN: GDP: per Capita: Guangdong: Zhanjiang data was reported at 53,757.127 RMB in 2023. This records an increase from the previous number of 52,786.547 RMB for 2022. CN: GDP: per Capita: Guangdong: Zhanjiang data is updated yearly, averaging 25,317.762 RMB from Dec 2000 (Median) to 2023, with 24 observations. The data reached an all-time high of 53,757.127 RMB in 2023 and a record low of 6,230.589 RMB in 2000. CN: GDP: per Capita: Guangdong: Zhanjiang data remains active status in CEIC and is reported by Zhanjiang Municipal Bureau of Statistics. The data is categorized under China Premium Database’s National Accounts – Table CN.AE: Gross Domestic Product: Prefecture Level City: per Capita.

CN: GDP: per Capita: Guangxi: Qinzhou data was reported at 59,125.000 RMB in 2023. This records an increase from the previous number of 57,838.000 RMB for 2022. CN: GDP: per Capita: Guangxi: Qinzhou data is updated yearly, averaging 22,147.450 RMB from Dec 2001 (Median) to 2023, with 23 observations. The data reached an all-time high of 59,125.000 RMB in 2023 and a record low of 4,388.170 RMB in 2001. CN: GDP: per Capita: Guangxi: Qinzhou data remains active status in CEIC and is reported by Qinzhou Municipal Bureau of Statistics. The data is categorized under China Premium Database’s National Accounts – Table CN.AE: Gross Domestic Product: Prefecture Level City: per Capita.

In 2023, the gross domestic product (GDP) of China amounted to around 17.8 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 three percent in 2022 and 5.2 percent in 2023. In 2023, per capita GDP in China reached around 12,600 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 2023. 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 31 percent in 2023. 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 2023. 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.

The per capita GDP contribution of Shanghai amounted to around 190,300 yuan in 2023, up from 180,500 yuan in the previous year. Shanghai is one of the largest cities in China. In terms of GDP, it was also the Chinese city with the largest GDP contribution, followed by Beijing and Shenzhen.

Shanghai's economic development

Shanghai’s GDP growth rate ranged at 5.0 percent in 2023, slightly below the level of Chinese national GDP growth. As the leading city in the Yangtze River Delta Economic Zone, Shanghai is one of the most active cities for business and trade in China. While the share of the industrial sector in Shanghai’s GDP continues to shrink, the city’s economy is becoming increasingly reliant on the service sector. In 2013, the first free-trade zone in Mainland China was launched in Shanghai, making Shanghai play an essential role in China’s economic reforms. A friendlier investment environment, less tax burdens and a more open financial market for foreign companies were expected to be promoted there.

Living in Shanghai

Shanghai became world famous when it was recognized by the Europeans in the 19th century for its economic potential as an important harbor city. Today, it is still one of the most open and active cities in China. Migration from across China and other countries makes Shanghai a melting pot of different cultures, which can also be found in its diverse catering industry. In terms of housing prices, it’s one of the most expensive cities in China. Still, the colorful life and plentiful opportunities are attracting numerous young people to come to the city for study and work.

Gross Domestic Product (GDP): per Capita: Hebei data was reported at 59,332.000 RMB in 2023. This records an increase from the previous number of 56,481.000 RMB for 2022. Gross Domestic Product (GDP): per Capita: Hebei data is updated yearly, averaging 1,070.000 RMB from Dec 1952 (Median) to 2023, with 72 observations. The data reached an all-time high of 59,332.000 RMB in 2023 and a record low of 114.000 RMB in 1963. Gross Domestic Product (GDP): per Capita: Hebei 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 per Capita.

This dataset provides values for GDP PER CAPITA reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

GDP: per Capita: Guizhou: Guiyang data was reported at 81,670.000 RMB in 2023. This records an increase from the previous number of 79,872.000 RMB for 2022. GDP: per Capita: Guizhou: Guiyang data is updated yearly, averaging 21,822.000 RMB from Dec 1994 (Median) to 2023, with 30 observations. The data reached an all-time high of 81,670.000 RMB in 2023 and a record low of 4,063.000 RMB in 1994. GDP: per Capita: Guizhou: Guiyang data remains active status in CEIC and is reported by Guiyang Municipal Bureau of Statistics. The data is categorized under China Premium Database’s National Accounts – Table CN.AE: Gross Domestic Product: Prefecture Level City: per Capita.

Os dados de Pib Per Capita da China foram registrados em 13,306.173 USD em 2024. Este é um registro de um aumento com relação aos números anteriores de 12,959.024 USD em 2023. Os dados de Pib Per Capita da China são atualizados anualmente, com uma média de 388.951 USD em 1957 até 2024, com 68 observações. Os dados alcançaram um alto recorde de 13,306.173 USD em 2024 e um baixo recorde de 68.243 USD em 1957. Os dados de Pib Per Capita da China permanecem com status ativo na CEIC e são reportados pela fonte: CEIC Data. Os dados são classificados sob o World Trend Plus’ Global Economic Monitor – Table: GDP Per Capita: USD: Annual.

In 2021, the BRICS countries with the highest estimated GDP per capita were Russia and China, with between 12,000 and 13,000 U.S. dollars per person. Brazil and South Africa's GDP per capita are thought to be closer to the 7,000 mark, while India's GDP per capita is just over 2,000 U.S. dollars. This a significant contrast to figures for overall GDP, where China has the largest economy by a significant margin, while India's is the second largest. The reason for this disparity is due to population size. For example, both China's population and overall GDP are roughly 10 times larger than those of Russia, which results in them having a comparable GDP per capita. Additionally, India's population is 23 times larger than South Africa's, but it's GDP is just seven times larger; this results in South Africa having a higher GDP per capita than India, despite it being the smallest of the BRICS economies.

GDP: per Capita: Shanxi: Taiyuan data was reported at 102,922.000 RMB in 2022. This records an increase from the previous number of 95,646.000 RMB for 2021. GDP: per Capita: Shanxi: Taiyuan data is updated yearly, averaging 21,466.000 RMB from Dec 1952 (Median) to 2022, with 37 observations. The data reached an all-time high of 102,922.000 RMB in 2022 and a record low of 281.000 RMB in 1952. GDP: per Capita: Shanxi: Taiyuan data remains active status in CEIC and is reported by Taiyuan Municipal Bureau of Statistics. The data is categorized under China Premium Database’s National Accounts – Table CN.AE: Gross Domestic Product: Prefecture Level City: per Capita.

This data set records the statistical data of per capita GDP and growth rate and ranking (2010-2018) of all regions in China, and the data are divided by year. The data are collected from the statistical yearbook of Qinghai Province issued by the Bureau of statistics of Qinghai Province. The data set contains eight data tables, each of which has the same structure. For example, the data table of 2017-2018 has four fields: Field 1: Region Field 2: quantity Field 3: Rank Field 4: growth rate

The statistic shows the gross domestic product (GDP) of the United States from 1987 to 2023, with projections up until 2029. The gross domestic product of the United States in 2023 amounted to around 27.72 trillion U.S. dollars. The United States and the economy The United States’ economy is by far the largest in the world; a status which can be determined by several key factors, one being gross domestic product: A look at the GDP of the main industrialized and emerging countries shows a significant difference between US GDP and the GDP of China, the runner-up in the ranking, as well as the followers Japan, Germany and France. Interestingly, it is assumed that China will have surpassed the States in terms of GDP by 2030, but for now, the United States is among the leading countries in almost all other relevant rankings and statistics, trade and employment for example. See the U.S. GDP growth rate here. Just like in other countries, the American economy suffered a severe setback when the economic crisis occurred in 2008. The American economy entered a recession caused by the collapsing real estate market and increasing unemployment. Despite this, the standard of living is considered quite high; life expectancy in the United States has been continually increasing slightly over the past decade, the unemployment rate in the United States has been steadily recovering and decreasing since the crisis, and the Big Mac Index, which represents the global prices for a Big Mac, a popular indicator for the purchasing power of an economy, shows that the United States’ purchasing power in particular is only slightly lower than that of the euro area.

GDP: per Capita: Hunan: Changde: Li data was reported at 62,686.000 RMB in 2022. This records an increase from the previous number of 58,025.988 RMB for 2021. GDP: per Capita: Hunan: Changde: Li data is updated yearly, averaging 29,791.000 RMB from Dec 2005 (Median) to 2022, with 18 observations. The data reached an all-time high of 62,686.000 RMB in 2022 and a record low of 8,394.000 RMB in 2005. GDP: per Capita: Hunan: Changde: Li 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.AF: Gross Domestic Product: per Capita: County Level Region.