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.

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

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 19.45 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.

China's digital economy has been growing rapidly in recent years. In 2023, the economy reached a size of nearly ** trillion yuan, registering a nominal year-on-year growth of **** percent, much higher than the country's nominal GDP growth at *** percent. The digital economy accounted for around ** percent of China's GDP.

China population growth rate for 2023 was -0.10%, a 0.09% decline from 2022.

<ul style='margin-top:20px;'>

<li>China population growth rate for 2022 was <strong>-0.01%</strong>, a <strong>0.1% decline</strong> from 2021.</li>
<li>China population growth rate for 2021 was <strong>0.09%</strong>, a <strong>0.15% decline</strong> from 2020.</li>
<li>China population growth rate for 2020 was <strong>0.24%</strong>, a <strong>0.12% decline</strong> from 2019.</li>
</ul>Annual population growth rate for year t is the exponential rate of growth of midyear population from year t-1 to t, expressed as a percentage . Population is based on the de facto definition of population, which counts all residents regardless of legal status or citizenship.

Historical chart and dataset showing China GDP by year from 1960 to 2023.

Key information about China M2 Growth

• China Money Supply M2 increased 7.0 % YoY in Jan 2025, compared with a growth of 7.3 % in the previous month
• China Money Supply M2 growth data is updated monthly, available from Mar 1997 to Jan 2025
• The data reached an all-time high of 29.7 % in Nov 2009 and a record low of 6.2 % in Jun 2024

• In the latest reports, China Foreign Exchange Reserves was measured at 3,209.0 USD bn in Jan 2025
• The Foreign Exchange Reserves equaled 13.9 Months of Import in Dec 2024
• China Domestic Credit reached 48,395.6 USD bn in Dec 2024, representing an increased of 8.4 % YoY
• The country's Non Performing Loans Ratio stood at 1.6 % in Sep 2024, compared with the ratio of 1.6 % in the previous quarter
• Household Debt of China reached 11,347.6 USD bn in Dec 2024, accounting for 63.3 % of the country's Nominal GDP

China GDP: Growth: Volume: Total Domestic Expenditure data was reported at 4.255 % in 2026. This records an increase from the previous number of 3.787 % for 2025. China GDP: Growth: Volume: Total Domestic Expenditure data is updated yearly, averaging 8.444 % from Dec 1993 (Median) to 2026, with 34 observations. The data reached an all-time high of 15.359 % in 1993 and a record low of 2.062 % in 2020. China GDP: Growth: Volume: Total Domestic Expenditure data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s China – Table CN.OECD.EO: GDP: Growth and Contribution to Growth: Forecast: Non OECD Member: Annual. TDDV_ANNPCT - Total domestic expenditure, volume, growth . Percentage change compared to the previous period. Quarterly growth expressed at annual rate.

This study performs a meta-analysis of research that estimates the relationship between FDI and Chinese economic growth. Our sample includes 37 studies and a total of 280 estimates. We include both English- and Chinese-language studies. Our initial “raw” finding is that FDI has had a substantial, positive impact on Chinese economic growth. Furthermore, our results suggest that the effect is not inflated by endogeneity, nor impacted by publication bias. However, the positive effect is found to be smaller for more recent and better designed studies. When we adjust for preferred study and sample characteristics, we find that the estimated economic effect of FDI on Chinese economic growth is much smaller than indicated by the overall literature, and statistically insignificant. This suggests that the cause(s) of the Chinese “economic miracle” likely lie elsewhere.

Graph and download economic data for Population Growth for China (SPPOPGROWCHN) from 1961 to 2024 about China, population, and rate.

The graph shows the population growth in China from 2000 to 2024. In 2024, the Chinese population decreased by about 0.1 percent or 1.39 million to around 1.408 billion people. Declining population growth in China Due to strict birth control measures by the Chinese government as well as changing family and work situations of the Chinese people, population growth has subsided over the past decades. Although the gradual abolition of the one-child policy from 2014 on led to temporarily higher birth figures, growth rates further decreased in recent years. As of 2024, leading countries in population growth could almost exclusively be found on the African continent and the Arabian Peninsula. Nevertheless, as of mid 2024, Asia ranked first by a wide margin among the continents in terms of absolute population. Future development of Chinese population The Chinese population reached a maximum of 1,412.6 million people in 2021 but decreased by 850,000 in 2022 and another 2.08 million in 2023. Until 2022, China had still ranked the world’s most populous country, but it was overtaken by India in 2023. Apart from the population decrease, a clear growth trend in Chinese cities is visible. By 2024, around 67 percent of Chinese people lived in urban areas, compared to merely 36 percent in 2000.

Households and NPISHs Final consumption expenditure (annual % growth) in China was reported at 9.6544 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. China - Household final consumption expenditure (annual % growth) - actual values, historical data, forecasts and projections were sourced from the World Bank on August of 2025.

China GDP: Growth: Deflator: Double Hit Scenario data was reported at 1.624 % in 2021. This records an increase from the previous number of 1.387 % for 2020. China GDP: Growth: Deflator: Double Hit Scenario data is updated yearly, averaging 2.337 % from Dec 1993 (Median) to 2021, with 29 observations. The data reached an all-time high of 20.619 % in 1994 and a record low of -1.264 % in 1999. China GDP: Growth: Deflator: Double Hit Scenario data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s China – Table CN.OECD.EO: GDP: Growth and Contribution to Growth: Forecast: Non OECD Member: Annual. PGDP_ANNPCT - Gross domestic product, market prices, deflator. Percentage change compared to the previous period. Quarterly growth expressed at annual rate.

In 2021, the highest gross domestic product (GDP) growth rate of major cities in China had been reached in Wuhan, ranging at around **** percent per anno. This high figure was related to a rebound of Wuhan's economy stricken by COVID-19 in the previous year. GDP in Shenzhen grew by only *** percent, less than the average of major Chinese cities that year.

Annual percentage growth rate of GDP at market prices based on constant 2010 US Dollars. in China was reported at 3.9 % in 2027, according to the World Bank collection of development indicators, compiled from officially recognized sources. China - Annual percentage growth rate of GDP at market prices based on constant 2010 US Dollars. - actual values, historical data, forecasts and projections were sourced from the World Bank on August of 2025.

China Population: Natural Growth Rate data was reported at -0.060 % in 2022. This records a decrease from the previous number of 0.034 % for 2021. China Population: Natural Growth Rate data is updated yearly, averaging 1.203 % from Dec 1949 (Median) to 2022, with 74 observations. The data reached an all-time high of 3.333 % in 1963 and a record low of -0.457 % in 1960. China Population: Natural Growth Rate 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: Natural Growth Rate: By Region.

The statistic shows a forecast for the average annual growth of the gross domestic product (GDP) in China until 2030. From 1995 to 2010, the annual average growth of the GDP in China amounted to *** percent.

Contains data from the World Bank's data portal. There is also a consolidated country dataset on HDX.

Economic growth is central to economic development. When national income grows, real people benefit. While there is no known formula for stimulating economic growth, data can help policy-makers better understand their countries' economic situations and guide any work toward improvement. Data here covers measures of economic growth, such as gross domestic product (GDP) and gross national income (GNI). It also includes indicators representing factors known to be relevant to economic growth, such as capital stock, employment, investment, savings, consumption, government spending, imports, and exports.

Key information about China Total Deposit Growth

• China Total Deposit Growth was reported at 5.8 % in Jan 2025
• This records a decrease from the previous number of 6.3 % for Dec 2024
• China Total Deposit Growth data is updated monthly, averaging 14.6 % from Jan 1998 to Jan 2025, with 325 observations
• The data reached an all-time high of 29.0 % in Jun 2009 and a record low of 5.8 % in Jan 2025
• China Total Deposit Growth data remains active status in CEIC and is reported by CEIC Data
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Total Deposits: Y-o-Y Growth: Monthly

This is the replication package for "China, Europe and the Great Divergence: A Study in Historical national Accounting". As a result of recent advances in historical national accounting, estimates of GDP per capita are now available for a number of European economies back to the medieval period, including Britain, the Netherlands, Italy and Spain. The approach has also been extended to Asian economies, including India and Japan. So far, however, China, which has been at the center of the Great Divergence debate, has been absent from this approach. This paper adds China to the picture and shows that the Great Divergence began earlier than originally suggested by the California School, but later than implied by older Eurocentric writers.