According to preliminary data, the agricultural sector contributed around 6.8 percent to the gross domestic product (GDP) of China in 2024, whereas 36.5 percent of the economic value added originated from the industrial sector and 54.6 percent from the service sector, respectively. The total GDP of China at current prices amounted to approximately 134.91 trillion yuan in 2024. Economic development in China The gross domestic product (GDP) serves as a primary indicator to measure the economic performance of a country or a region. It is generally defined as the monetary value of all finished goods and services produced within a country in a specific period of time. It includes all of private and public spending, government spending, investments, and net exports which are calculated as total exports minus imports. In other words, GDP represents the size of the economy.With its national economy growing at an exceptional annual growth rate of above nine percent for three decades in succession, China had become the worlds’ second largest economy by 2010, surpassing all other economies but the United States. Even though China's GDP growth has cooled down in recent years, its economy still expanded at roughly two times the pace of the United States in 2024. Breakdown of GDP in China When compared to other developed countries, the proportions of agriculture and industry in China's GDP are significantly higher. Even though agriculture is a major industry in the United States, it only accounted for about one percent of the economy in 2023. While the service sector contributed to more than 70 percent of the economy in most developed countries, it's share was considerably lower in China. This was not only due to China's lower development level, but also to the country’s focus on manufacturing and export. However, as the future limitations of this growth model become more and more apparent, China is trying to shift it's economic focus to the high-tech and service sectors. Accordingly, growth rates of the service sector have been considerably higher than in industry and agriculture in the years before the spread of the coronavirus pandemic.

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 statistic shows the distribution of the workforce across economic sectors in China from 2014 to 2024. In 2024, around 22.2 percent of the workforce were employed in the agricultural sector, 29 percent in the industrial sector and 48.8 percent in the service sector. In 2022, the share of agriculture had increased for the first time in more than two decades, which highlights the difficult situation of the labor market due to the pandemic and economic downturn at the end of the year. Distribution of the workforce in China In 2012, China became the largest exporting country worldwide with an export value of about two trillion U.S. dollars. China’s economic system is largely based on growth and export, with the manufacturing sector being a crucial contributor to the country’s export competitiveness. Economic development was accompanied by a steady rise of labor costs, as well as a significant slowdown in labor force growth. These changes present a serious threat to the era of China as the world’s factory. The share of workforce in agriculture also steadily decreased in China until 2021, while the agricultural gross production value displayed continuous growth, amounting to approximately 7.8 trillion yuan in 2021. Development of the service sector Since 2011, the largest share of China’s labor force has been employed in the service sector. However, compared with developed countries, such as Japan or the United States, where 73 and 79 percent of the work force were active in services in 2023 respectively, the proportion of people working in the tertiary sector in China has been relatively low. The Chinese government aims to continue economic reform by moving from an emphasis on investment to consumption, among other measures. This might lead to a stronger service economy. Meanwhile, the size of the urban middle class in China is growing steadily. A growing number of affluent middle class consumers could promote consumption and help China move towards a balanced economy.

The latest data from show economic growth of 4.8 percent, which is a decrease from the rate of growth of 5.2 percent in the previous quarter and
an increase compared to the growth rate of 4.6 percent in the same quarter last year. The economic growth time series for China cover the period from...

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.

Monthly and long-term China Population data: historical series and analyst forecasts curated by FocusEconomics.

China % of Population with Access to Water: City data was reported at 99.433 % in 2023. This records an increase from the previous number of 99.387 % for 2022. China % of Population with Access to Water: City data is updated yearly, averaging 96.120 % from Dec 1985 (Median) to 2023, with 31 observations. The data reached an all-time high of 99.433 % in 2023 and a record low of 63.900 % in 2000. China % of Population with Access to Water: City data remains active status in CEIC and is reported by Ministry of Housing and Urban-Rural Development. The data is categorized under China Premium Database’s Utility Sector – Table CN.RCA: Percentage of Population with Access to Water.

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.

Graph and download economic data for Population, Total for China (POPTOTCNA647NWDB) from 1960 to 2024 about China and population.

Full Year GDP Growth in China decreased to 5 percent in 2024 from 5.40 percent in 2023. This dataset includes a chart with historical data for China Full Year GDP Growth.

China recorded a Current Account surplus of 2.20 percent of the country's Gross Domestic Product in 2024. This dataset provides - China Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

Key information about China Investment: % of GDP

• China Investment accounted for 40.6 % of its Nominal GDP in Dec 2024, compared with a ratio of 41.1 % in the previous year.
• China investment share of Nominal GDP data is updated yearly, available from Dec 1952 to Dec 2024, with an average ratio of 38.9 %.
• The data reached an all-time high of 46.6 % in Dec 2011 and a record low of 15.4 % in Dec 1962.

CEIC calculates Investment as % of Nominal GDP from annual Nominal Gross Capital Formation and annual Nominal GDP. The National Bureau of Statistics provides Nominal Gross Capital Formation in local currency and Nominal GDP in local currency.


Related information about China Investment: % of GDP

• In the latest reports, China GDP expanded 4.8 % YoY in Sep 2025.
• China Nominal GDP reached 4,953.4 USD bn in Sep 2025.
• Its GDP deflator (implicit price deflator) fell 1.0 % in Sep 2025.
• China GDP Per Capita reached 13,306.2 USD in Dec 2024.
• Its Gross Savings Rate was measured at 43.4 % in Dec 2024.

China Population: Male: Age 40 to 44 data was reported at 51.953 Person th in 2023. This records an increase from the previous number of 50.422 Person th for 2022. China Population: Male: Age 40 to 44 data is updated yearly, averaging 51.255 Person th from Dec 1982 (Median) to 2023, with 36 observations. The data reached an all-time high of 63,608.678 Person th in 2010 and a record low of 26.461 Person th in 1994. China Population: Male: Age 40 to 44 data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Socio-Demographic – Table CN.GA: Population: Sample Survey: By Age and Sex.

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 economic factors present in this dataset include data items of gross domestic product (GDP) (100 million), per-capita GDP (yuan/people), primary industry (100 million), secondary industry (100 million), tertiary industry (100 million) and total investment in fixed assets (100 million). Time serial data from 1949 to 2013 of whole China and all the provinces are included. All of data were collected from the China Statistical Yearbook from 1981 to 2014 and China Compendium of Statistics from 1949 to 2008.These data are not intended for demarcation.

Key information about China Government Debt: % of GDP

• China Government debt accounted for 27.6 % of the country's Nominal GDP in Jun 2025, compared with the ratio of 26.5 % in the previous quarter.
• China government debt to GDP ratio data is updated quarterly, available from Mar 2014 to Jun 2025.
• The data reached an all-time high of 27.6 % in Jun 2025 and a record low of 14.0 % in Mar 2014.

CEIC calculates quarterly Government Debt as % of Nominal GDP from quarterly Government Debt and rolling sum of quarterly Nominal GDP. The Ministry of Finance provides Government Debt in local currency. The National Bureau of Statistics provides Nominal GDP in local currency. Government Debt covers Central Government only.


Related information about China Government Debt: % of GDP

• In the latest reports, China National Government Debt reached 4,736.4 USD bn in Dec 2024.
• The country's Nominal GDP reached 4,953.4 USD bn in Sep 2025.

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

China Prevalence of Severe Food Insecurity in the Population: % of population data was reported at 1.100 % in 2017. This records an increase from the previous number of 0.800 % for 2016. China Prevalence of Severe Food Insecurity in the Population: % of population data is updated yearly, averaging 0.800 % from Dec 2015 (Median) to 2017, with 3 observations. The data reached an all-time high of 1.100 % in 2017 and a record low of 0.600 % in 2015. China Prevalence of Severe Food Insecurity in the Population: % of population 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: Social: Health Statistics. The percentage of people in the population who live in households classified as severely food insecure. A household is classified as severely food insecure when at least one adult in the household has reported to have been exposed, at times during the year, to several of the most severe experiences described in the FIES questions, such as to have been forced to reduce the quantity of the food, to have skipped meals, having gone hungry, or having to go for a whole day without eating because of a lack of money or other resources.;Food and Agriculture Organization of the United Nations (FAO);;

China Population: Education Level: Primary data was reported at 365.918 Person th in 2021. This records a decrease from the previous number of 349,658.733 Person th for 2020. China Population: Education Level: Primary data is updated yearly, averaging 388.245 Person th from Dec 1982 (Median) to 2021, with 28 observations. The data reached an all-time high of 441,613.351 Person th in 2000 and a record low of 257.030 Person th in 2019. China Population: Education Level: Primary data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Socio-Demographic – Table CN.GA: Population: Sample Survey: Level of Education.