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.

The size of the five original BRICS economies in 2023 - Brazil, Russia, China, India, South Africa - is comparable to the United States and the EU-27 put together. On a PPP (purchasing power parity) basis, China ranks as the world's largest economy. India takes up the economic parity of about **** the EU-27. The rise of these developing economies gave rise to questions on the role the United States plays in international trade and cross-border finance. FX reserve managers around the world expect to shift their holdings towards the Chinese yuan in the long term, as of 2023.

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 has seen rapid economic growth over the past decades, overtaking Japan in 2010 as the second largest economy in the world. In 2024, only the United States had a larger gross domestic product (GDP) than China. On the other hand, Japan's economy is struggling amid an aging population, it's GDP decreasing after peaking in 2012.

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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.

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• 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.

This dataset provides key economic indicators for five of the world's largest economies, based on their nominal Gross Domestic Product (GDP) in 2022. It includes the GDP values, population, GDP growth rates, per capita GDP, and each country's share of the global economy.

Columns: Country: Name of the country. GDP (nominal, 2022): The total nominal GDP in 2022, represented in USD. GDP (abbrev.): The abbreviated GDP in trillions of USD. GDP growth: The percentage growth in GDP compared to the previous year. Population: Total population of each country in 2022. GDP per capita: The GDP per capita, representing average economic output per person in USD. Share of world GDP: The percentage of global GDP contributed by each country. Key Highlights: The dataset includes some of the largest global economies, such as the United States, China, Japan, Germany, and India. The data can be used to analyze the economic standing of countries in terms of overall GDP and per capita wealth. It offers insights into the relative growth rates and population sizes of these leading economies. This dataset is ideal for exploring economic trends, performing country-wise comparisons, or studying the relationship between population size and GDP growth.

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.

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The United States is a highly developed mixed economy. It is the world's largest economy by nominal GDP, and the second-largest by purchasing power parity (PPP) behind China. It has the world's seventh-highest per capita GDP (nominal) and the eighth-highest per capita GDP (PPP) as of 2022. The U.S. accounted for 24.7% of the global economy in 2022 in nominal terms, and around 15.5% in PPP terms. The U.S. dollar is the currency of record most used in international transactions and is the world's foremost reserve currency, backed by a large U.S. treasuries market, its role as the reference standard for the petrodollar system, and its linked euro dollar. Several countries use it as their official currency and in others it is the de facto currency.

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.

Since the 2011 Financial Sector Assessment Program (FSAP), China’s economic growth has remained strong, although a necessary economic transformation is underway. China now has the world’s largest GDP in PPP terms, and poverty rates have fallen. However, medium-term growth prospects have moderated. The limits to the investment-driven growth strategy, combined with an aging population, waning dividends from past reforms, and a challenging external environment, have necessitated a transformation towards a more market-oriented economy that is more consumption-based, more services-driven, less credit-dependent and, especially, more efficient. This transformation has already started, as the Chinese authorities are increasingly emphasizing the quality of growth and have pushed structural reforms. The economic transformation requires a fundamental change in the role of the financial system. Historically its role was to channel China’s high savings at low cost to strategic sectors. China’s economic rebalancing is multi-dimensional, and there is a need to significantly improve the financial sector’s capital allocation to promote the rebalancing from investment to consumption; from heavy manufacturing to services; and from large to small enterprises. Looking ahead, the financial system will need to become more balanced, sustainable and inclusive, to facilitate China’s economic transformation, where markets play an increasingly dominant role in resource allocation and where consequences of risk-taking are well-understood and accepted. Maintaining financial stability would also require that remaining gaps in regulatory frameworks be addressed. The standard assessments for the banking, insurance, and securities sectors show a high degree of compliance with international standards, but also point to critical gaps. Themes that cut across China’s regulatory agencies include a lack of independence, insufficient resources for supervising a large and increasingly complex financial sector, and inadequate interagency coordination and systemic risk analysis. The remaining priorities for financial market infrastructure oversight include the adoption of full delivery-versus-payment and a stronger legal basis for settlement finality. Further enhancements to crisis management frameworks are needed to allow financial institutions to fail in a manner that minimizes the impact on financial stability and public resources. This would require amongst others greater emphasis on financial stability rather than social concerns in dealing with real and potential crisis situations, the introduction of a special resolution regime for failing banks, and a streamlining of the current system of financial safety nets.

There have been many studies that examine the Canada-U.S. trade relationship; this is deservedly so as the U.S. is Canada’s dominant trading partner. In 2018, the minister of international trade diversification announced a target to increase overseas exports by 50% by 2025.Footnote1 China is the world’s second largest economy and is the second most important bilateral commercial partner for Canada. Thus, China might be a key market if Canada is to achieve its export diversification target. The goal of this paper is to explore Canada’s commercial relationship with China. This will be done by examining trading and investment relationship between the two countries over the last two decades. Additionally, COVID-19 showed the world that in extreme cases, production within a country can be brought to a halt. Therefore, the second part of this paper will examine how a disruption to trade with China might affect Canadian supply chains and production.

Graph and download economic data for Composite Leading Indicators: Reference Series (GDP) Ratio to Trend for China (CHNLORSGPRTSTSAM) from Jan 1978 to Feb 2024 about leading indicator, ratio, China, and GDP.

Graph and download economic data for Composite Leading Indicators: Reference Series (GDP) Normalized for China (CHNLORSGPNOSTSAM) from Jan 1978 to Dec 2023 about leading indicator, China, and GDP.

China's total Exports in 2024 were valued at US$3.58 Trillion, according to the United Nations COMTRADE database on international trade. China's main export partners were: the United States, Hong Kong and Vietnam. The top three export commodities were: Electrical, electronic equipment; Machinery, nuclear reactors, boilers and Vehicles other than railway, tramway. Total Imports were valued at US$2.59 Trillion. In 2024, China had a trade surplus of US$991.41 Billion.

Hong Kong HK: Population in Largest City data was reported at 7,364,883.000 Person in 2017. This records an increase from the previous number of 7,302,843.000 Person for 2016. Hong Kong HK: Population in Largest City data is updated yearly, averaging 5,581,213.500 Person from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 7,364,883.000 Person in 2017 and a record low of 2,611,539.000 Person in 1960. Hong Kong HK: Population in Largest City data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Hong Kong SAR – Table HK.World Bank.WDI: Population and Urbanization Statistics. Population in largest city is the urban population living in the country's largest metropolitan area.; ; United Nations, World Urbanization Prospects.; ;

There have been many studies that examine the Canada-U.S. trade relationship; this is deservedly so as the U.S. is Canada’s dominant trading partner. In 2018, the minister of international trade diversification announced a target to increase overseas exports by 50% by 2025.Footnote1 China is the world’s second largest economy and is the second most important bilateral commercial partner for Canada. Thus, China might be a key market if Canada is to achieve its export diversification target. The goal of this paper is to explore Canada’s commercial relationship with China. This will be done by examining trading and investment relationship between the two countries over the last two decades. Additionally, COVID-19 showed the world that in extreme cases, production within a country can be brought to a halt. Therefore, the second part of this paper will examine how a disruption to trade with China might affect Canadian supply chains and production.

This statistic presents the results of a survey on perceived China's economic ranking among the world's top 200 countries as of October 2018. According to data published by Ipsos, Chinese respondents underestimated their country's global economic ranking. On average, the respondents thought that China's GDP ranked number ** among top 200 countries, when actually China was the second largest economy in the world.

The average for 2024 based on 177 countries was 27291 U.S. dollars. The highest value was in Singapore: 132570 U.S. dollars and the lowest value was in Burundi: 836 U.S. dollars. The indicator is available from 1990 to 2024. Below is a chart for all countries where data are available.

Hong Kong HK: Population in Largest City: as % of Urban Population data was reported at 99.637 % in 2017. This records an increase from the previous number of 99.540 % for 2016. Hong Kong HK: Population in Largest City: as % of Urban Population data is updated yearly, averaging 99.382 % from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 100.000 % in 2010 and a record low of 94.548 % in 1974. Hong Kong HK: Population in Largest City: as % of Urban Population data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Hong Kong – Table HK.World Bank: Population and Urbanization Statistics. Population in largest city is the percentage of a country's urban population living in that country's largest metropolitan area.; ; United Nations, World Urbanization Prospects.; Weighted average;

As the world's second-largest economy, information about China is in high demand. In addition, its prospect has increased due to the opening of A-share markets to foreign investors. China is different from western economies when it comes to the generation of data, as Chinese consumers do not generate data through traditional providers such as Google. Instead, this data is generated by Chinese proxies.

The power of SpaceKnow Nowcasting data lies in its standardization. You can safely compare all our Chinese data with each other or to other datasets for other countries. SpaceKnow obtains data from radar satellites which consistently deliver data down to earth. SpaceKnow monitors over 10,000 locations in China.

About data: SpaceKnow data has a history since January 2017 SpaceKnow data is updated on a weekly and daily basis SpaceKnow data provides the latest data point to customers instantly SpaceKnow data is transparent about locations from which it collects data SpaceKnow data is not affected by weather conditions

Available datasets: China Country Nowcasting Weekly updated change data Indices focused on the macroeconomic sector: manufacturing, mining with traditional benchmark predictions Indices focused on sectors: mining, automotive, chemical, transport, etc. Indices focused on regional and country pollution Industry indices provide information in z-score and percentages for low, normal and high activity Pollution indices provide information in mol/m2 and parts per billion for methane

China Nowcasting Summary:

China Logistic Centres Daily updated data aggregated by country and segregated by the 17 Chinese provinces Dataset provides three types of indices with different information: A level index that captures the long-term trends in the level of domestic trade A change index that captures the total flow of activity entering and exiting the monitored locations An activity index that captures different types of activity across time Indices are level in squared meters, change in z-score and activity in percentage

China Retail Indices Daily updated level data in squared meters Indices capture retail-related activity across China over parking areas that belong to shopping centres and metro stations Indices estimate the current state of the retail market in China Retail Parking Retail Metro Parking

China Automotive Companies [Released] Daily updated level data in squared meters Indices cover the production of assembled cars, movement at employee parking areas Covered companies: SAIC, BBAC, Changan, Dongfeng, Geely, GAC Group, Tesla Shanghai and more

China Coal [Coming Soon] Daily updated level data in squared meters Focus on mines, storage, processing and distribution centres Indices cover country and also region levels for Xinjiang, Shaanxi, Shanxi, Inner Mongolia China Truck Stops [Coming Soon]