The Gross Domestic Product (GDP) in China was worth 17794.78 billion US dollars in 2023, according to official data from the World Bank. The GDP value of China represents 16.88 percent of the world economy. This dataset provides - China GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

Graph and download economic data for Gross Domestic Product for China (MKTGDPCNA646NWDB) from 1960 to 2023 about China and GDP.

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.

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.

China GDP: Growth: Gross Value Added: Agriculture, Forestry, and Fishing data was reported at 4.052 % in 2023. This records a decrease from the previous number of 4.203 % for 2022. China GDP: Growth: Gross Value Added: Agriculture, Forestry, and Fishing data is updated yearly, averaging 3.961 % from Dec 1961 (Median) to 2023, with 63 observations. The data reached an all-time high of 12.900 % in 1964 and a record low of -2.200 % in 1977. China GDP: Growth: 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: Annual Growth Rate. Annual growth rate for agricultural, forestry, and fishing value added based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. Agriculture corresponds to ISIC divisions 01-03 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.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;Note: Data for OECD countries are based on ISIC, revision 4.

Key information about China Labour Productivity Growth

• China Labour Productivity improved by 5.84 % YoY in Dec 2024, compared with a growth of 4.43 % in the previous year
• China Labour Productivity Growth data is updated yearly, available from Dec 1953 to Dec 2024, averaging at 7.34 %
• The data reached an all-time high of 15.12 % in Dec 1970 and a record low of -26.48 % in Dec 1961

CEIC calculates Labour Productivity Growth from annual Real GDP Index and annual Employment. The National Bureau of Statistics provides Real GDP, at 1978 prices. The Ministry of Human Resources and Social Security provides Employment. Employment excludes Foreign Nationals working within the country. Real GDP prior to 1979 is based on Real GDP PY=100.


Further information about China Labour Productivity Growth

• In the latest reports, China Population reached 1,408.28 Person mn in Dec 2024
• Its Unemployment Rate remained the same at 5.10 % in Dec 2024
• Monthly Earnings of China stood at 1,392.46 USD in Dec 2023
• The country's Labour Force Participation Rate increased to 65.83 % in Dec 2023

China GDP: 2015 Price: USD: Final Consumption Expenditure data was reported at 9,441.194 USD bn in 2023. This records an increase from the previous number of 8,753.032 USD bn for 2022. China GDP: 2015 Price: USD: Final Consumption Expenditure data is updated yearly, averaging 3,605.638 USD bn from Dec 1995 (Median) to 2023, with 29 observations. The data reached an all-time high of 9,441.194 USD bn in 2023 and a record low of 1,068.142 USD bn in 1995. China GDP: 2015 Price: USD: Final Consumption Expenditure 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: Real. Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant 2015 prices, expressed in U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;Gap-filled total;

Macau SAR (China) MO: GDP: 2015 Price: USD data was reported at 40.458 USD bn in 2023. This records an increase from the previous number of 23.111 USD bn for 2022. Macau SAR (China) MO: GDP: 2015 Price: USD data is updated yearly, averaging 16.218 USD bn from Dec 1982 (Median) to 2023, with 42 observations. The data reached an all-time high of 58.597 USD bn in 2013 and a record low of 5.863 USD bn in 1982. Macau SAR (China) MO: GDP: 2015 Price: USD data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Macau SAR (China) – Table MO.World Bank.WDI: Gross Domestic Product: Real. GDP at purchaser's prices 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. Data are in constant 2015 prices, expressed in U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2015 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.;World Bank national accounts data, and OECD National Accounts data files.;Gap-filled total;

Inflation Rate in China decreased to -0.70 percent in February from 0.50 percent in January of 2025. This dataset provides - China Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Hong Kong SAR (China) HK: GDP: 2015 Price: USD data was reported at 328.370 USD bn in 2023. This records an increase from the previous number of 317.952 USD bn for 2022. Hong Kong SAR (China) HK: GDP: 2015 Price: USD data is updated yearly, averaging 136.809 USD bn from Dec 1961 (Median) to 2023, with 63 observations. The data reached an all-time high of 337.457 USD bn in 2018 and a record low of 12.533 USD bn in 1961. Hong Kong SAR (China) HK: GDP: 2015 Price: USD data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Hong Kong SAR (China) – Table HK.World Bank.WDI: Gross Domestic Product: Real. GDP at purchaser's prices 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. Data are in constant 2015 prices, expressed in U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2015 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.;World Bank national accounts data, and OECD National Accounts data files.;Gap-filled total;

China GDP: 2015 Price: USD: Gross Value Added Per Worker: Services data was reported at 0.027 USD mn in 2023. This records an increase from the previous number of 0.026 USD mn for 2022. China GDP: 2015 Price: USD: Gross Value Added Per Worker: Services data is updated yearly, averaging 0.012 USD mn from Dec 1991 (Median) to 2023, with 33 observations. The data reached an all-time high of 0.027 USD mn in 2023 and a record low of 0.004 USD mn in 1991. China GDP: 2015 Price: USD: Gross Value Added Per Worker: 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: Real. Value added per worker is a measure of labor productivity—value added per unit of input. Value added denotes the net output of a sector after adding up all outputs and subtracting intermediate inputs. Data are in constant 2015 U.S. dollars. Services corresponds to the International Standard Industrial Classification (ISIC) tabulation categories G-P (revision 3) or tabulation categories G-U (revision 4), and includes wholesale and retail trade and restaurants and hotels; transport, storage, and communications; financing, insurance, real estate, and business services; and community, social and personal services.;Derived using World Bank national accounts data and OECD National Accounts data files, and employment data from International Labour Organization, ILOSTAT database.;Weighted average;

China GDP: 2015 Price: USD: Final Consumption Expenditure: General Government data was reported at 1,793.953 USD bn in 2015. China GDP: 2015 Price: USD: Final Consumption Expenditure: General Government data is updated yearly, averaging 1,793.953 USD bn from Dec 2015 (Median) to 2015, with 1 observations. The data reached an all-time high of 1,793.953 USD bn in 2015 and a record low of 1,793.953 USD bn in 2015. China GDP: 2015 Price: USD: Final Consumption Expenditure: General Government 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: Real. General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in constant 2015 prices, expressed in U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;Gap-filled total;

In September 2024, the global PMI amounted to 47.5 for new export orders and 48.8 for manufacturing. The manufacturing PMI was at its lowest point in August 2020. It decreased over the last months of 2022 after the effects of the Russia-Ukraine war and rising inflation hit the world economy, and remained around 50 since.

Hong Kong HK: GDP: 2010 Price: USD: Imports of Goods and Services data was reported at 579.165 USD bn in 2017. This records an increase from the previous number of 544.731 USD bn for 2016. Hong Kong HK: GDP: 2010 Price: USD: Imports of Goods and Services data is updated yearly, averaging 85.104 USD bn from Dec 1961 (Median) to 2017, with 57 observations. The data reached an all-time high of 579.165 USD bn in 2017 and a record low of 4.475 USD bn in 1961. Hong Kong HK: GDP: 2010 Price: USD: Imports of Goods and Services 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: Gross Domestic Product: Real. Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant 2010 U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;

Hong Kong SAR (China) HK: GDP: 2015 Price: USD: Gross Value Added at Basic Prices: Industry: Manufacturing data was reported at 3.619 USD bn in 2023. This records an increase from the previous number of 3.488 USD bn for 2022. Hong Kong SAR (China) HK: GDP: 2015 Price: USD: Gross Value Added at Basic Prices: Industry: Manufacturing data is updated yearly, averaging 3.514 USD bn from Dec 2000 (Median) to 2023, with 24 observations. The data reached an all-time high of 5.160 USD bn in 2000 and a record low of 3.300 USD bn in 2020. Hong Kong SAR (China) HK: GDP: 2015 Price: USD: Gross Value Added at Basic Prices: Industry: Manufacturing data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Hong Kong SAR (China) – Table HK.World Bank.WDI: Gross Domestic Product: Real. Manufacturing refers to industries belonging to ISIC divisions 10-33. 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. Data are in constant 2015 prices, expressed in U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;Gap-filled total;Note: Data for OECD countries are based on ISIC, revision 4.

The main stock market index in China (SHANGHAI) increased 22 points or 0.66% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks this benchmark index from China. China Shanghai Composite Stock Market Index - values, historical data, forecasts and news - updated on March of 2025.

Hong Kong HK: GDP: 2010 Price: USD: Gross Fixed Capital Formation data was reported at 60.108 USD bn in 2017. This records an increase from the previous number of 58.090 USD bn for 2016. Hong Kong HK: GDP: 2010 Price: USD: Gross Fixed Capital Formation data is updated yearly, averaging 23.038 USD bn from Dec 1961 (Median) to 2017, with 57 observations. The data reached an all-time high of 60.115 USD bn in 2013 and a record low of 2.773 USD bn in 1961. Hong Kong HK: GDP: 2010 Price: USD: Gross Fixed Capital Formation 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: Gross Domestic Product: Real. Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant 2010 U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;

Foreign Exchange Reserves in China increased to 3227000 USD Million in February from 3209000 USD Million in January of 2025. This dataset provides - China Foreign Exchange Reserves - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Imports in China increased to 369.43 USD Billion in February from 230.79 USD Billion in December of 2024. This dataset provides - China Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news.