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 19.3 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.

The statistic shows the 20 countries with the largest proportion of the global gross domestic product (GDP) based on Purchasing Power Parity (PPP) in 2024. In 2023, Germany had an estimated share of about 3.06 percent of the global GDP.

In 2025, the United States had the largest economy in the world, with a gross domestic product of over 30 trillion U.S. dollars. China had the second largest economy, at around 19.23 trillion U.S. dollars. Recent adjustments in the list have seen Germany's economy overtake Japan's to become the third-largest in the world in 2023, while Brazil's economy moved ahead of Russia's in 2024. Global gross domestic product Global gross domestic product amounts to almost 110 trillion U.S. dollars, with the United States making up more than one-quarter of this figure alone. The 12 largest economies in the world include all Group of Seven (G7) economies, as well as the four largest BRICS economies. The U.S. has consistently had the world's largest economy since the interwar period, and while previous reports estimated it would be overtaken by China in the 2020s, more recent projections estimate the U.S. economy will remain the largest by a considerable margin going into the 2030s.The gross domestic product of a country is calculated by taking spending and trade into account, to show how much the country can produce in a certain amount of time, usually per year. It represents the value of all goods and services produced during that year. Those countries considered to have emerging or developing economies account for almost 60 percent of global gross domestic product, while advanced economies make up over 40 percent.

🧾 About Dataset

🌍 Global GDP by Country — 2024 Edition

📖 Overview

The Global GDP by Country (2024) dataset provides an up-to-date snapshot of worldwide economic performance, summarizing each country’s nominal GDP, growth rate, population, and global economic contribution.

This dataset is ideal for economic analysis, data visualization, policy modeling, and machine learning applications related to global development and financial forecasting.

📊 Dataset Information

• Total Records: 181 countries
• Time Period: 2024 (latest available global data)
• Geographic Coverage: Worldwide
• File Format: CSV
• File Size: ~10 KB
• Missing Values: None (100% complete dataset)

🎯 Target Use-Cases:
- Economic growth trend analysis
- GDP-based country clustering
- Per capita wealth comparison
- Share of world economy visualization

🧩 Key Features

📈 Statistical Summary

Population Overview

• Mean Population: 43.6 million
• Standard Deviation: 155.5 million
• Minimum Population: 9,816 (small island nations)
• Median Population: 9.1 million
• Maximum Population: 1.43 billion (China)

🌟 Highlights

💰 Top Economies (Nominal GDP):
United States, China, Japan, Germany, India

📈 Fastest Growing Economies:
India, Bangladesh, Vietnam, and Rwanda

🌐 Global Insights:
- The dataset covers 181 countries representing 100% of global GDP.
- Suitable for data visualization dashboards, AI-driven economic forecasting, and educational research.

💡 Example Use-Cases

• Build a choropleth map showing GDP distribution across continents.
• Train a regression model to predict GDP per capita based on population and growth.
• Compare economic inequality using population vs GDP share.

📚 Dataset Citation

Source: Worldometers — GDP by Country (2024)
Dataset compiled and cleaned by: Asadullah Shehbaz
For open research and data analysis.

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.

The average for 2023 based on 188 countries was 0.53 percent. The highest value was in the USA: 26.3 percent and the lowest value was in Andorra: 0 percent. The indicator is available from 1980 to 2023. Below is a chart for all countries where data are available.

China Contribution to(GDP) Gross Domestic ProductGrowth: Net Export of Goods and Service data was reported at 1.515 % in 2024. This records an increase from the previous number of -0.600 % for 2023. China Contribution to(GDP) Gross Domestic ProductGrowth: Net Export of Goods and Service data is updated yearly, averaging 0.100 % from Dec 1953 (Median) to 2024, with 72 observations. The data reached an all-time high of 4.000 % in 1994 and a record low of -6.900 % in 1985. China Contribution to(GDP) Gross Domestic ProductGrowth: Net Export of Goods and 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: Contribution and Share to Growth.

China Share to(GDP) Gross Domestic ProductGrowth: Year to Date: Final Consumption Expenditure data was reported at 51.700 % in Mar 2025. This records an increase from the previous number of 44.500 % for Dec 2024. China Share to(GDP) Gross Domestic ProductGrowth: Year to Date: Final Consumption Expenditure data is updated quarterly, averaging 59.500 % from Dec 2009 (Median) to Mar 2025, with 62 observations. The data reached an all-time high of 193.700 % in Jun 2020 and a record low of -177.800 % in Sep 2020. China Share to(GDP) Gross Domestic ProductGrowth: Year to Date: Final Consumption Expenditure 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.

China: Household consumption as percent of GDP: The latest value from 2023 is 39.57 percent, an increase from 37.78 percent in 2022. In comparison, the world average is 63.62 percent, based on data from 155 countries. Historically, the average for China from 1960 to 2023 is 47.23 percent. The minimum value, 34.6 percent, was reached in 2010 while the maximum of 72.01 percent was recorded in 1962.

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 5.4 percent in 2023 and 5.0 percent in 2024. 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: % of GDP: Gross Value Added: Agriculture, Forestry, and Fishing data was reported at 7.120 % in 2023. This records a decrease from the previous number of 7.322 % for 2022. China GDP: % of GDP: Gross Value Added: Agriculture, Forestry, and Fishing data is updated yearly, averaging 22.252 % from Dec 1960 (Median) to 2023, with 64 observations. The data reached an all-time high of 41.643 % in 1968 and a record low of 7.043 % in 2018. China GDP: % of GDP: Gross Value Added: Agriculture, Forestry, and Fishing 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: Share of GDP. Agriculture, forestry, and fishing corresponds to ISIC divisions 1-3 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 4. Note: For VAB countries, gross value added at factor cost is used as the denominator.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;Note: Data for OECD countries are based on ISIC, revision 4.

CONTENT

The figures are based on GDP (Nominal) and sector composition ratios provided by the CIA World Fact Book. Agriculture includes farming, fishing, and forestry. Industry includes mining, manufacturing, energy production, and construction. Services cover government activities, communications, transportation, finance, and all other private economic activities that do not produce material goods.

CONTEXT

• Agriculture Sector : Agriculture Sector contributes 6.4 percent of total world's economic production. Total production of sector is $5,084,800 million. China is the largest contributer followed by India. China and India accounts for 19.49 and 7.39 percent of total global agricultural output. World's largest economy United States is at third place. Next in line come Brazil and Indonesia

• **Industry Sector : **With GDP of $23,835 billion, Industry Sector holds a share of 30% of total GDP nominal. China is the largest contributor followed by US. Japan is at 3rd and Germany is at 4th place. These four countries contributes 45.84 of total global industrial output.

• Services Sector : Services sector is the largest sector of the world as 63 percent of total global wealth comes from services sector. United States is the largest producer of services sector with around 15.53 trillion USD. Services sector is the leading sector in 201 countries/economies. 30 countries receive more than 80 percent of their GDP from services sector. Chad has lowest 27% contribution by services sector in its economy.

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.

The Gross Domestic Product (GDP) in China expanded 1.10 percent in the third 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.

In 2024, the United States accounted for 14.88 percent of global gross domestic product (GDP) after adjusting for purchasing power parity (PPP). This share was expected to decrease to 13.98 percent by 2030, which is roughly a seventh of the global total. What is PPP? The easiest way to understand purchasing power parity is the Big Mac Index, a measure developed by The Economist. The index tracks the price of the McDonald’s Big Mac burger, sold at each of its thousands of restaurants worldwide. Countries where the Big Mac is most expensive have higher purchasing power, meaning one can buy more for each unit of that currency. To calculate PPP, economists use a group of goods to calculate the ratio of the price of this group in each country. This ratio is then used to convert all countries into a standardized price level, on parity with each other. Why use PPP? A U.S. dollar in the United States does not have the same purchasing power as a dollar in China, even after considering the exchange rate. For this reason, adjusting for PPP gives an idea of what the rest of the world could buy in the United States, if prices were the same as in their home country. However, some economists argue that using PPP for comparisons between countries is inaccurate because it changes the price level differently for each country. Still, because it accounts not only for country-specific effects but also inflation and exchange rate fluctuations, PPP is a very popular metric.

The Gross Domestic Product (GDP) in China expanded 4.80 percent in the third 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.

China GDP: Growth: Gross Value Added: Services data was reported at 7.756 % in 2016. This records a decrease from the previous number of 8.194 % for 2015. China GDP: Growth: Gross Value Added: Services data is updated yearly, averaging 9.509 % from Dec 1961 (Median) to 2016, with 56 observations. The data reached an all-time high of 19.395 % in 1984 and a record low of -25.600 % in 1961. China GDP: Growth: Gross Value Added: Services 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: Annual Growth Rate. Annual growth rate for value added in services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

Actual value and historical data chart for China Exports Of Goods And Services Percent Of GDP

China GDP: % of GDP: Gross Value Added: Services data was reported at 51.629 % in 2017. This records an increase from the previous number of 51.556 % for 2016. China GDP: % of GDP: Gross Value Added: Services data is updated yearly, averaging 44.247 % from Dec 2004 (Median) to 2017, with 14 observations. The data reached an all-time high of 51.629 % in 2017 and a record low of 41.182 % in 2004. China GDP: % of GDP: Gross Value Added: Services 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: Share of GDP. Services correspond to ISIC divisions 50-99 and they include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

Actual value and historical data chart for China Trade Percent Of GDP