The Gross Domestic Product (GDP) in China expanded 1.20 percent in the first 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.

According to preliminary figures, the growth of real gross domestic product (GDP) in China amounted to 5.0 percent in 2024. For 2025, the IMF expects a GDP growth rate of around 3.95 percent. Real GDP growth The current gross domestic product is an important indicator of the economic strength of a country. It refers to the total market value of all goods and services that are produced within a country per year. When analyzing year-on-year changes, the current GDP is adjusted for inflation, thus making it constant. Real GDP growth is regarded as a key indicator for economic growth as it incorporates constant GDP figures. As of 2024, China was among the leading countries with the largest gross domestic product worldwide, second only to the United States which had a GDP volume of almost 29.2 trillion U.S. dollars. The Chinese GDP has shown remarkable growth over the past years. Upon closer examination of the distribution of GDP across economic sectors, a gradual shift from an economy heavily based on industrial production towards an economy focused on services becomes visible, with the service industry outpacing the manufacturing sector in terms of GDP contribution. Key indicator balance of trade Another important indicator for economic assessment is the balance of trade, which measures the relationship between imports and exports of a nation. As an economy heavily reliant on manufacturing and industrial production, China has reached a trade surplus over the last decade, with a total trade balance of around 992 billion U.S. dollars in 2024.

Key information about China GDP Per Capita

• China Gross Domestic Product (GDP) per Capita reached 13,306.173 USD in Dec 2024, compared with 12,959.024 USD in Dec 2023.
• China GDP Per Capita data is updated yearly, available from Dec 1957 to Dec 2024, with an average number of 388.951 USD.
• The data reached an all-time high of 13,306.173 USD in Dec 2024 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.

Key information about China Gross National Product (GNP)

• China Gross National Product (GNP) was reported at 18,617.329 USD bn in Dec 2024.
• This records an increase from the previous number of 18,131.846 USD bn for Dec 2023.
• China Gross National Product (GNP) data is updated yearly, averaging 435.702 USD bn from Dec 1957 to 2024, with 68 observations.
• The data reached an all-time high of 18,617.329 USD bn in 2024 and a record low of 43.606 USD bn in 1957.

• China Gross National Product (GNP) data remains active status in CEIC and is reported by CEIC Data.
• CEIC converts annual Gross National Product into USD. The National Bureau of Statistics provides Gross National Product in local currency. Federal Reserve Board average market exchange rate is used for currency conversions.

China GDP: TI: Financial Intermediation data was reported at 6,909.990 RMB bn in 2018. This records an increase from the previous number of 6,539.500 RMB bn for 2017. China GDP: TI: Financial Intermediation data is updated yearly, averaging 29.382 RMB bn from Dec 1952 (Median) to 2018, with 67 observations. The data reached an all-time high of 6,909.990 RMB bn in 2018 and a record low of 1.170 RMB bn in 1952. China GDP: TI: Financial Intermediation 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.

China GDP: SI: Industry: Mining data was reported at 3,456.614 RMB bn in 2021. This records an increase from the previous number of 2,201.154 RMB bn for 2020. China GDP: SI: Industry: Mining data is updated yearly, averaging 2,112.619 RMB bn from Dec 2004 (Median) to 2021, with 18 observations. The data reached an all-time high of 3,456.614 RMB bn in 2021 and a record low of 762.826 RMB bn in 2004. China GDP: SI: Industry: Mining 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.

GDP: Xinjiang: Aksu data was reported at 187.615 RMB bn in 2023. This records an increase from the previous number of 173.954 RMB bn for 2022. GDP: Xinjiang: Aksu data is updated yearly, averaging 79.280 RMB bn from Dec 2005 (Median) to 2023, with 19 observations. The data reached an all-time high of 187.615 RMB bn in 2023 and a record low of 17.040 RMB bn in 2005. GDP: Xinjiang: Aksu data remains active status in CEIC and is reported by Aksu Municipal Bureau of Statistics. The data is categorized under China Premium Database’s National Accounts – Table CN.AH: Gross Domestic Product: Prefecture Level Region.

China % of Value Added of Core Industries of Digital Economy: Manufacture of Digital Products data was reported at 33.800 % in 2023. China % of Value Added of Core Industries of Digital Economy: Manufacture of Digital Products data is updated yearly, averaging 33.800 % from Dec 2023 (Median) to 2023, with 1 observations. The data reached an all-time high of 33.800 % in 2023 and a record low of 33.800 % in 2023. China % of Value Added of Core Industries of Digital Economy: Manufacture of Digital Products 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.AVA: Value Added of Core Industries of Digital Economy.

China GDP: Year to Date: TI: Wholesale and Retail Trade data was reported at 3,309.710 RMB bn in Mar 2025. This records a decrease from the previous number of 13,798.092 RMB bn for Dec 2024. China GDP: Year to Date: TI: Wholesale and Retail Trade data is updated quarterly, averaging 1,273.560 RMB bn from Dec 1991 (Median) to Mar 2025, with 134 observations. The data reached an all-time high of 13,798.092 RMB bn in Dec 2024 and a record low of 53.680 RMB bn in Mar 1992. China GDP: Year to Date: TI: Wholesale and Retail Trade 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: Quarterly.

China Culture and Related Industry: Year to Date: Operating Revenue: Core Areas: News Information Services data was reported at 471.600 RMB bn in Mar 2025. This records a decrease from the previous number of 1,882.300 RMB bn for Dec 2024. China Culture and Related Industry: Year to Date: Operating Revenue: Core Areas: News Information Services data is updated quarterly, averaging 642.450 RMB bn from Mar 2018 (Median) to Mar 2025, with 28 observations. The data reached an all-time high of 1,882.300 RMB bn in Dec 2024 and a record low of 145.400 RMB bn in Mar 2019. China Culture and Related Industry: Year to Date: Operating Revenue: Core Areas: News Information Services 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.AVA: Financial Data of Culture and Related Industry.

CN: Gross Domestic Product: Chongqing data was reported at 723.200 RMB bn in Mar 2024. This records a decrease from the previous number of 789.793 RMB bn for Sep 2023. CN: Gross Domestic Product: Chongqing data is updated quarterly, averaging 727.771 RMB bn from Mar 2022 (Median) to Mar 2024, with 8 observations. The data reached an all-time high of 829.397 RMB bn in Dec 2022 and a record low of 643.200 RMB bn in Mar 2022. CN: Gross Domestic Product: Chongqing 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: by Province: Quarterly.

CN: Macro-economic Climate Index: Leading Index data was reported at 98.800 2019=100 in Nov 2024. This records an increase from the previous number of 98.700 2019=100 for Oct 2024. CN: Macro-economic Climate Index: Leading Index data is updated monthly, averaging 98.900 2019=100 from Dec 2022 (Median) to Nov 2024, with 24 observations. The data reached an all-time high of 100.680 2019=100 in Apr 2023 and a record low of 95.888 2019=100 in Dec 2022. CN: Macro-economic Climate Index: Leading Index data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Business and Economic Survey – Table CN.OF: Economic Climate Indicator.

China GDP: Linked Series data was reported at 126,058,207.463 RMB mn in 2023. This records an increase from the previous number of 120,472,395.262 RMB mn for 2022. China GDP: Linked Series data is updated yearly, averaging 24,476,539.927 RMB mn from Dec 1990 (Median) to 2023, with 34 observations. The data reached an all-time high of 126,058,207.463 RMB mn in 2023 and a record low of 1,887,286.883 RMB mn in 1990. China GDP: Linked Series 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: Nominal. GDP 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. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. Data are in current local currency.;World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.;;

China Listed Company: Net Profit: Financial data was reported at 2,421.360 RMB bn in 2023. This records an increase from the previous number of 2,385.699 RMB bn for 2022. China Listed Company: Net Profit: Financial data is updated yearly, averaging 1,168.013 RMB bn from Dec 2001 (Median) to 2023, with 22 observations. The data reached an all-time high of 2,421.360 RMB bn in 2023 and a record low of 1.967 RMB bn in 2001. China Listed Company: Net Profit: Financial data remains active status in CEIC and is reported by China Securities Regulatory Commission. The data is categorized under China Premium Database’s Business and Economic Survey – Table CN.OZ: Financial Data of Listed Company: Net Profit.

GDP: Shaanxi: Xian data was reported at 1,331.778 RMB bn in 2024. This records an increase from the previous number of 1,201.076 RMB bn for 2023. GDP: Shaanxi: Xian data is updated yearly, averaging 69.049 RMB bn from Dec 1952 (Median) to 2024, with 48 observations. The data reached an all-time high of 1,331.778 RMB bn in 2024 and a record low of 0.337 RMB bn in 1952. GDP: Shaanxi: Xian data remains active status in CEIC and is reported by Xian Municipal Bureau of Statistics. The data is categorized under China Premium Database’s National Accounts – Table CN.AE: Gross Domestic Product: Prefecture Level City.

Income per Capita: Jinan data was reported at 36,244.130 RMB in 2012. This records an increase from the previous number of 31,895.110 RMB for 2011. Income per Capita: Jinan data is updated yearly, averaging 11,349.425 RMB from Dec 1993 (Median) to 2012, with 20 observations. The data reached an all-time high of 36,244.130 RMB in 2012 and a record low of 2,875.290 RMB in 1993. Income per Capita: Jinan data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Household Survey – Table CN.HD: Income per Capita: City.

CN: Industrial Enterprise: No of Enterprise: Beijing data was reported at 3,084.000 Unit in Mar 2025. This records an increase from the previous number of 3,083.000 Unit for Feb 2025. CN: Industrial Enterprise: No of Enterprise: Beijing data is updated monthly, averaging 3,615.000 Unit from Jan 2001 (Median) to Mar 2025, with 267 observations. The data reached an all-time high of 7,647.000 Unit in May 2009 and a record low of 2,973.000 Unit in Aug 2021. CN: Industrial Enterprise: No of Enterprise: Beijing data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Industrial Sector – Table CN.BF: Industrial Financial Data: No of Enterprise: By Province.

GDP: Guangdong: Dongguan data was reported at 1,228.215 RMB bn in 2024. This records an increase from the previous number of 1,143.813 RMB bn for 2023. GDP: Guangdong: Dongguan data is updated yearly, averaging 99.348 RMB bn from Dec 1978 (Median) to 2024, with 47 observations. The data reached an all-time high of 1,228.215 RMB bn in 2024 and a record low of 0.611 RMB bn in 1978. GDP: Guangdong: Dongguan data remains active status in CEIC and is reported by Dongguan Municipal Bureau of Statistics. The data is categorized under China Premium Database’s National Accounts – Table CN.AE: Gross Domestic Product: Prefecture Level City.

China IE: Financial Expense: Year to Date: YoY: Instrument & Meter data was reported at 9.300 % in Mar 2025. This records a decrease from the previous number of 29.800 % for Feb 2025. China IE: Financial Expense: Year to Date: YoY: Instrument & Meter data is updated monthly, averaging 9.218 % from Jan 2012 (Median) to Mar 2025, with 159 observations. The data reached an all-time high of 1,017.600 % in Oct 2023 and a record low of -93.300 % in Oct 2022. China IE: Financial Expense: Year to Date: YoY: Instrument & Meter data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Industrial Sector – Table CN.BIL: Instrument and Meter.

China Listed Company: Operating Net Cash Flow: Real Estate data was reported at -62.916 RMB bn in 2014. This records an increase from the previous number of -81.236 RMB bn for 2013. China Listed Company: Operating Net Cash Flow: Real Estate data is updated yearly, averaging -62.916 RMB bn from Dec 2012 (Median) to 2014, with 3 observations. The data reached an all-time high of 39.717 RMB bn in 2012 and a record low of -81.236 RMB bn in 2013. China Listed Company: Operating Net Cash Flow: Real Estate data remains active status in CEIC and is reported by China Securities Regulatory Commission. The data is categorized under China Premium Database’s Business and Economic Survey – Table CN.OZ: Financial Data of Listed Company: Operating Net Cash Flow.