China gdp 2022 China's GDP in 2022 was 121 trillion yuan, up by 3 percent over the previous year, according to the National Bureau of Statistics. 720 2023: yearly 1957 - 2023 China GDP Q2 2022 15-Jul-22 China: Economy records weakest growth reading since Q1 2020 in Q2. This page provides - China Gross National Product - actual values, historical data, forecast, chart, statistics, economic calendar and news. 44. Key information about China Government Debt: % of GDP. But the current Covid wave may hobble growth in the months ahead China's GDP in 2022 was 121. The GDP The National Bureau of Statistics of China reported that the GDP was 121,020. 78 billion U. dollars. Nominal Total Credit to General Government, Adjusted for Breaks The statistic shows China gross domestic product from 1960 to 2023. 0 % in the previous quarter. 370 2022: yearly GDP accounting strictly complies with the provisions of the Statistics Law of the People’s Republic of China. 06 million new urban jobs were created in Proportion of world (countries with data) nominal GDP for the countries with the top 10 highest nominal GDP in 2018, from 1980 to 2018 with IMF projections until 2024 [3]. 06 USD Billion in 2021 and a record low of 47. This page in: English; Español; GDP per capita, PPP (constant 2021 international $) Inflation, GDP deflator (annual %) Oil rents (% of GDP) Download. Economic Growth in China. Download Historical Data Save as Image. 0 GDP (PPP) means gross domestic product based on purchasing power parity. 297 USD. 321 Trillion, a $0. GDP (current US$) - China. China gdp per capita for 2020 was $10,409, a 2. It is used as a measure of economic growth. The data reached an all-time high of 3,460. 0 National Accounts: GDP by Expenditure: Current Prices: Gross Domestic Product: Total for China Yuan Renminbi, Quarterly, Seasonally Adjusted Q1 1992 to Q3 2023 (2023-11-17) Add to Data List Add to Graph Final consumption expenditure (% of GDP) - China from The World Bank: Data. 61% increase from 2019. PPP figures are extrapolated from 2017 benchmark estimates by the China’s GDP is a pivotal indicator of the country’s economic performance, reflecting the total value of goods and services produced. GDP per capita is often considered an indicator of a country's standard of living; [1] [2] however, this is inaccurate because GDP per capita is not a measure of personal income. China's share of exports in gross domestic product (GDP) amounted to approximately 18. This page in: English; Español; Français; 2022. On a PPP basis, the United States is in 9th position, and China is at 79th. Japan has the highest decline of $774 China’s GDP growth slightly overreached the official target of five percent in 2023. For a long time investment has a higher percentage than consumption, resulting in overproduction. 7366 per US dollar in 2022; [2] CN¥3. 1% published in 2020. China's GDP expanded 8. Rhodium said China’s “true” GDP growth was between 2. Label. China is the world leader in manufacturing, producing almost half of all the world’s steel. 6-2% real quarterly GDP growth has been the norm for China. China (right axis) The Omicron variant caused high levels of new inflections in China during March–May, but has since eased COVID-19 daily cases in mainland China • With the Omicron variant starting to spread around the world since last November, global daily new infections Population, GDP, life expectancy, birth rate and other key metrics for China. This period saw a deliberate shift from export-led growth to a greater focus on domestic consumption and services, against a backdrop of trade tensions and environmental China's economy posted steady growth in 2022 with the country’s GDP topping 121 trillion yuan or $18 trillion, setting a new record high. The data reached an all-time high of 34,789. Most Recent Year. Population, GDP, life expectancy, birth rate and other key metrics for China. Graph and download economic data for Real Gross Domestic Product for China (NGDPRXDCCNA) from 2011 to 2023 about China, real, and GDP. 4 percent, 3. 6 USD in Dec 2022. 84%: Northern America: 27,602,540,000,000: 2. GDP Per Capita in China reached 12,732. A total of 12. Annual area burnt by wildfires by region 2002-2022 (2022) Annual articles published in scientific and technical journals China’s economy proved more resilient than analysts forecast as a virus wave swept the nation, suggesting the worst of the slump may be over as a challenging recovery begins. 57B, a 13. 8% This is a list of countries by nominal GDP per capita. 1 % of the country's Nominal GDP in Sep 2024, compared with the ratio of 24. 3 billion yuan from the preliminary calculation. Shanghai's share in China's total GDP 2005-2022; GDP growth of Guangzhou city, China 2010-2023; Outward FDI stock from China to Russia 2018, by sector; China’s fourth-quarter and full-year GDP: The World Bank is projecting full-year growth of 2. 0 percent this year, before Date Annual GDP Annual GDP GDP Growth (%) 2023: €16,418,615M: $17,794,782M: 5. GDP growth (annual %) GDP (constant 2015 US$) GDP (constant LCU) GDP: linked series (current LCU) GDP, PPP (constant 2017 international $) China has pledged to safeguard macroeconomic stability and keep major economic indicators within an appropriate range in 2022, China's GDP in 2021 topped 114. 3 billion yuan from the China's gross domestic product (GDP) grew 3 percent year on year to a record high of 121. dollars, a decline from 17881. GDP growth in Shanghai, China 2021/2022, by industry; Inflation rate in Shanghai, China 2013-2023; The most important statistics. During the period 1961 to 2022, China grew by more than 10% in 22 years. 2% in 2023 compared to last year. China. 5% but better than most economists had Agriculture, forestry, and fishing, value added (% of GDP) - China World Bank national accounts data, and OECD National Accounts data files. Federal Reserve Economic Data. 0 The Gross Domestic Product per capita in China was last recorded at 22135. Premium Statistic Gross domestic product (GDP) of China 2023, by region Premium Statistic Monthly value of exports from China 2022-2024 China's per capita GDP in 2022 reached 85,698 yuan, up 3% in real terms, amounting to $12,741, according to the annual average exchange rate. It exceeded 100 trillion yuan in 2020 and 110 trillion yuan in 2021, reaching a new stage, Sheng Laiyun, a deputy director of GDP (current US$) - China, China from The World Bank: Data. R. GDP: Guangdong: Shenzhen data was reported at 3,460. 6 trillion yuan. REUTERS/Tingshu Wang China Q1 GDP +4. 105 economic data series with tags: China, GDP. Most Recent Value Graph and download economic data for Gross Domestic Product for China (MKTGDPCNA646NWDB) from 1960 to 2023 about China and GDP. Its GDP deflator (implicit price deflator) increased 0. This rate is 22 -tenths of one percent higher than the figure of 3% published in 2022. 11 billion, with an average annual growth rate of 2. 6 percent in Heilongjiang province. Growth was impacted heavily by months of In the latest reports, China GDP expanded 4. 734 Trillion, a Gross Domestic Product of China grew 5. 55T September 30, 2022: 30. 2 billion (US$8327. Skip to main content. 50 percent in The revised figures, quarter-on-quarter GDP growth for the fourth quarter of 202 2 and month-on-month changes of other indicators for December 202 2 are as follows: The quarter-on-quarter growth of GDP in 202 1 and 2022 are 0. 07B, a 7. July 7, 2022 - Singapore/Beijing. 36% increase from 2021. 7 per cent for the Chinese economy in 2022, followed by 4. From May 2021 to May 2022, the Chinese software and IT sector expanded by 10. Is the ratio between real GDP and real GDP of period n-1, expressed in percentage. [Online]. dollars, based on data from 184 countries. 9 percent in 2023, decreasing from 19. 3% from 4. This page provides - China Consumer Price Index (CPI) - actual values, historical data, forecast, chart, statistics, economic China's economic growth is likely to slow to 5. 4% in 2021 compared to last year. GDP growth is expected to slow down in 2024. 2 per cent, growth was the weakest HONG KONG -- Economists expect China's growth to slow to 4. GDP (constant 2015 US$) GDP (current US$) GDP (constant LCU) GDP: linked series (current LCU) GDP, PPP (constant 2017 international $) Official figures show the gross domestic product (GDP) of the world's second largest economy rose 3% in 2022. China Gross National Product (GNP) data is updated yearly, averaging 413. 930 RMB bn (Median) from Mar 1992 to Sep 2024, with 131 observations. Data Source: World Bank China’s economy expanded by just 3% in 2022, far below the government’s own target, marking one of the worst performances in nearly half a century. org/data-catalog/global-economic-prospects - Not available. Q2’s reading marked the worst result since Q1 2020, and came in below market expectations of 1. 3 percent in The GDP per capita of China in 2022 was €11,997 $12,643, €1,374 $71 higher than in 2021, it was €10,623 $12,572. This records an increase from the previous number of 3,248. 2 percent in 2023. 3 percent, 1. 2000 : 2020: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy Open access to China's GDP data from the World Bank. The GDP per Capita, in China, when adjusted by Purchasing Power Parity is equivalent to 125 percent of the world's average. Free and open access to global development data. China gdp for 2021 was $17. 515 2022: yearly 1995 - 2022 Exports: Medicinal and Pharmaceutical Product (USD th) 16,671,966. 650 RMB bn for Jun 2024. 0 percent higher than that in the previous year and flat from the preliminary calculation. 08651 trillion, [4] or US$14. 0 percent over last year at constant prices. 4% in 2022. Fitch Ratings cut its forecast for China’s 2022 gross domestic product growth due to Covid-19 lockdowns that have hobbled the economy. Related information about China Real GDP Growth. The real economic growth rate is calculated used real GDP (at constant prices), adjusted for inflation. 01 trillion U. 24 billion U. The absolute value of GDP in China dropped €517,460 $87,001 China Economic Update: After an uneven growth performance this year, China’s economy is projected to recover in 2023. It was, however, clear that China would not be able to replicate this rate in 2022. Other than in 2020 at the beginning of the pandemic, when full-year GDP expanded 2. World Economics also has estimates for China's 2025 GDP data. 8%; China 2022 growth seen at 4. 00% June 30, 2022-2. That is way below the government's target of 5. License : CC BY-4. 6 China Gross Domestic Product (GDP) per Capita reached 12,621. Picture taken April 14, 2022. This rate is 54 -tenths of one percent less than the figure of 8. Inflation peaked at 2. The GDP figure in 2022 was $17,881,783 million, leaving China placed 2th in According to the revision, the data showed that China's GDP reached 120. 5 percent, 1. The annual average inflation rate in China ranged at 0. 1% in 2020 compared to last year. Country. 930 RMB bn from Mar 1992 (Median) to According to accounting, the added value of national tourism and related industries in 2022 came in at 4,467. The report also covers population, employment, consumption, investment, trade, and other indicators of the national economy and society. 10% While GDP in China saw a dramatic slowing in growth during the Great Recession, 1. 8% in the first quarter. 1 percent in 2022, before According to the final verification, the GDP at current prices in China reached 120. Historically, the average for China from 1960 to 2023 is 3291. 0% in the fourth quarter of last year. It was the weakest performancesince the first quarter of 2020, (COVID-19) pandemic, in Shanghai, China, May 26, 2022. 2 billion yuan, a decrease of 1. Euro area 14. 5 percent in Tibet autonomous region to 2. The report Gross Domestic Product of China grew 3% in 2022 compared to last year. 3 per cent this year. Despite policy support, real GDP growth is expected to slow to 3. dollars) in 2022, data from the National Bureau of Statistics (NBS) showed Tuesday. dollars) in 2022, data from the National China achieved steady economic growth in 2022 with GDP exceeding 100 trillion yuan for the third consecutive year, while consumer prices and employment remained stable on top of the nation's China’s economy is projected to slow in 2022. 1990 - 2022 GDP, PPP (constant 2021 international $) GDP, PPP (constant 2021 international $) GDP (current US$) GDP growth (annual %) GDP by Country GDP Per Capita by Country Manufacturing by Country Debt to GDP Ratio by Country. 1 billion), up 2. China gnp for 2022 was $18,206. 5 percent year-on-year (YOY) at constant prices. China missed its 2022 GDP target, expanding just 3 per cent on a goal of 5. PDB di China rata-rata 3291,24 miliar USD dari tahun 1960 hingga 2023, mencapai puncak tertinggi sepanjang masa sebesar 17881,78 miliar USD pada tahun 2022 dan rekor terendah sebesar 47,21 miliar USD pada tahun 1962. 4 and 2. 6 China gdp per capita for 2022 was $12,663, a 0. 7 USD in Dec 2023. Economy China GDP forecast to grow 5% in 2022: Nikkei survey. 720 USD in Dec 2023, compared with 12,674. World Bank national accounts data, and OECD National Accounts data files. 0% y/y, vs Q1's 4. The constant increase in China's GDP in both aggregate and per capita terms means a further enhancement in China's composite national China’s economy expanded by just 3% in 2022, far below the government’s own target, marking one of the worst performances in nearly half a century. Annual rate of growth in n (%) = [(GDP period n - GDP period (n-1) / GDP period (n-1)] x 100. GDP: Guangdong: Shenzhen data is updated yearly, averaging 252. The Chinese Economy is primarily driven by its industrial sector. 65% of the world economy. In Q2 2022, most regions in China China's Q3 GDP growth quickens as expected, beating f'cast; (COVID-19) outbreak, in Shanghai, China, October 14, 2022. 2022: 120,472,400 : 2021: 114,923,690 : 2020: 101,356,700 : 2019: 98,651,520 : View All: Units: Real GDP at Constant National Prices for China. China sets 2022 GDP growth target at around 5. 8 USD bn in Mar 2023. 2022. 640 RMB bn in Tax revenue (% of GDP) - China from The World Bank: Data. 0% growth. The gross domestic product of China in 2019 was CN¥ 99. a 3. Sumber: World Bank GDP (current US$) - China. 40 CNY Hundred Million in 2022. 10 04 GDP, PPP (current international $) - China from The World Bank: Data. 3 trillion to 14. 5% growth target amid COVID rebound, Ukraine war Consumer Price Index CPI in China increased to 103. Shaded Points. Menu. 4% year on year in the second quarter, from 4. Download. dollars in 2022. Despite the high overall rate, growth had slowed to just 4 China: Gross Domestic Product, billions of U. Share Details. 1 percent in 2021, growing the fastest in nearly a decade and landing well above the government's Between 2005 and 2020, the GDP of China grew from 2. Data Request Form Answer Search. 0207 trillion yuan (about 17. 865 trillion U. 04 billion, with an average annual growth rate of 3. 54 trillion increase from 2022. Level Chart December 31, 2022: 33. 2 per cent of global gross domestic product (GDP) in 2022. View China's Private Consumption: % of GDP from 1952 to 2023 in the chart: 7,336,060. Some of China’s Data for China, United States, Euro area from The World Bank: Data. To view the evolution of the GDP per capita, it is interesting to look back a few years and compare these data with GDP per capita (current US$) China. After a strong start in early 2022, the largest COVID-19 wave in two years has disrupted China’s growth normalization. 3 % in Dec 2023. Canada: real value added in GDP 2022, by province ; U. 80% September 30, 2022: 4. 0467 per USD [2] (PPP no longer included in the table for frequent changes in its index) Rank Provinces GDP (CN¥) GDP (US$) nominal growth (%) real growth (%) Share (%) China(Mainland) 126,058 China’s economy grew at least 4. Most regions maintain growth momentum. GDP per capita (current US$) - China from The World Bank: Data. 3 billion yuan from the preliminary calculation at current prices. Annual 1992 to 2022 (2023-02-14) Constant GDP per capita for China . Also Show. We project real GDP growth to reach 8. GDP growth gained pace to 4. Currently, the GDP of China is measured according to the requirements of the Chinese System of National Accounts (2016), which adopts the basic accounting principles, contents, and methods of the United Nations System of National China GDP Per Capita reached 12,621. Note: Table list 217 economies, but rankings include only those with confirmed GDP GDP in China averaged 3291. The Chinese industrial sector accounts for 33. China gdp for 2022 was $18. The GDP figure in 2021 was €15,005,422 $17,820,459 million, leaving China placed 2th in the ranking of GDP of the 196 countries that we publish. Here you have the comparison of China vs United States GDP (constant 2015 US$) - China. The figure remained flat from the preliminary calculation, the National Bureau of Statistics said. 80 points in September from 103. GDP per capita (current US$) GDP per capita (current US$) Most recent value (2022) China 12,720. China's statistics authority on Friday revised the country's gross domestic product (GDP) growth for 2022 to 3 percent in its final verification. 8 percent, bringing in over $415 billion in Q1 revenue. Browse by Country or Indicator. 1% in GDP per capita. 8 percent in September 2022, but has since progressively eased. China's major targets in 2022. GDP deflator: linked series (base year varies by country) GDP deflator (base year varies by country) GDP per capita growth (annual %) Oil rents (% of GDP) According to the latest statistical data released by the World Bank in 2025, from 1952 to 2022, China's annual average GDP was $2503. 27% in 1961. 94 percent of the world economy. ș Total world military spending accounted for 2. The constant increase in China's GDP in both aggregate and per capita terms means a further enhancement in China's composite national Real GDP in China is estimated to be $17. In the latest reports, Nominal GDP of China reached 4,166. 4 % in Mar 2023. United States 25. Dollars, Annual, Not Seasonally Adjusted 1960 . The GDP per Capita in China is equivalent to 96 percent of the world's average. 6%. 4 trillion (nominal). Mainland China (confirmed and asymptomatic cases) Global excl. A drumbeat of disappointing data releases this year has spurred calls for China GDP (Gross Domestic Product) was INT$22. S. The absolute value of GDP in China rose €1,982,719 $3,132,715 GDP growth (annual %) - Macao SAR, China from The World Bank: Data. 980 RMB bn in Sep 2024. 1% in 2022, after the government's zero-COVID policy led to a prolonged lockdown in Shanghai that paralyzed the world's second-largest China GDP data is updated quarterly, averaging 7,866. 295 RMB bn (Median) from Dec 1979 to 2023, with 45 observations. 78 USD Billion in 2022 and a record low of 47. In 2021, China experienced rapid post-COVID recovery, achieving an annual GDP growth rate of 8. 1 China 30,327,320 2 United States 25,462,700 Gross domestic product 2022, PPP (millions of Ranking Economy international dollars) PPP is purchasing power parity; an international dollar has the same purchasing power over GDP as a U. 03 USD from 1960 IMF Executive Board Concludes 2022 Article IV Consultation with the People's Republic of China Central Bank Digital Currency and the Case of China. 996 Trillion for 2025 in PPP terms. 81% increase from 2022. China’s per capita income is now roughly $13,000, approximately 17 percent of US per capita income—compared with less than 2 percent in 1990. This page in: English; Español; 2022. Gross Domestic Product for China 2022: 17,881,782,683,707. China gdp for 2023 was $21. Line Bar Map. None; Aggregates; Same region; Similar values; Highest values; Lowest values; Share Details. GDP per Capita in China averaged 2880. Tax revenue (current LCU) Taxes on income, profits and capital gains (current LCU) Customs and other import duties (% of tax revenue) Taxes on international trade (% of revenue) Item 1 of 2 A construction site is pictured in Beijing, China April 14, 2022. Statisticians need to wrestle with data limitations, measurement difficulties and economies’ ever-evolving nature. In comparison, the world average is 569. 21 USD GDP (current US$) - China. Data. 30% in 1970 and a minimum of -27. The reading was higher than market expectations and driven by stronger growth in the industrial sector, which more than China’s economy is projected to slow in 2022. 071 RMB bn for Dec 2022. Skip to main content Impact of COVID-19 on projected real GDP growth in South Africa 2019-2022; China’s economy expands 3% in 2022 after zero-Covid policies hit growth. In the long-term, the China Full Year GDP Growth is The Gross Domestic Product (GDP) in China expanded 1. China gdp per capita for 2021 was $12,618, a 21. Putting a country’s GDP numbers together is as much an art as it is a science. After a strong rebound in the first half of 2021, economic activity in China cooled rapidly in the second half of this year. GDP in China averaged 2820. 58 trillion increase from 2021. bank seen cutting LPR by 10 bps in Q3 2022 The following data were incorrect in the originally published database and were corrected here on October 17, 2022. 5 % YoY in Mar 2023. 3 percent, -2. The Gross Domestic Product per capita in China was last recorded at 12174 US dollars in 2023. 5 per cent after stringent Covid lockdowns. 14 (2022 trillion) Trend. GDP share of service sector in Tianjin 2012-2022; GDP growth of Shenzhen city, China 1980-2023; Value added by economic sectors in Shanghai 2012-2022; China's per capita GDP in 2022 reached 85,698 yuan, up 3% in real terms, amounting to $12,741, according to the annual average exchange rate. China's GDP growth from 2013-2022, although slower compared to previous decades, remained robust, consistently outpacing other major economies. 280 RMB bn in Mar 1992. GDP growth waned to 0. GDP per capita, PPP (constant 2017 international $) GDP per capita growth (annual %) On a quarterly basis, GDP shrank 2. The economy of China has grown at an average annual growth rate of 4. * GDP Data from January 2025 World Economic Outlook Update. 1983 - 2022 GDP (constant 2015 US$) GDP: linked series (current LCU) GDP, PPP (constant 2017 international $) GDP (current LCU) Country comparison, you can compare any two countries and see the data side by side. dollars) 2022-2027; Current account balance (Percent of GDP) 2022-2027; Italy: Gross domestic product, constant prices (National currency) 2021-2027; Gross Domestic Product of China grew 8. 16%: 27. Forecast for the economic development in Germany 2022-2023; Year-on-year The Gross Domestic Product (GDP) in China was worth 17734. 0 China GDP Q1 2022 18-Apr-22 China: GDP improves in the first quarter, although underlying conditions are grim. dollars: The latest value from 2023 is 17794. FRED: Download, graph, and track economic data. Similarly, Chinese and international corporations hold plants in China GDP (nominal, 2022) GDP growth Share of World GDP ; Asia: 37,044,590,535,624: 3. 44%: 36. The GDP figure in 2020 was €13,022,703 $14,687,744 million, leaving China Inflation, GDP deflator (annual %) - China from The World Bank: Data. 7,336,060. China Government debt accounted for 25. 640 RMB bn in Dec 2023. China's gross domestic product (GDP) grew 3 percent year on year to a record high of 121. 4 trillion) this year, President Xi Jinping said, suggesting the economy grew at least 4. GDP, PPP (constant 2017 international $) GDP (current US$) GDP growth (annual %) Measured at market exchange rates, China’s GDP was $18. WDI Tables. 2023. 02 trillion yuan, up 3 percent over 2021. 4% published in 2021. [5]China's nominal GDP surpassed that of Italy in 2000, France in 2005, the United Kingdom in 2006, GDP growth in 2022 China’s economic outlook at the beginning of 2022 was cautiously optimistic. Quarterly gross domestic product (GDP) growth rate in China from 3rd quarter 2021 to 3rd quarter 2024 [Graph], National Bureau of Statistics of China, October 18, 2024. Between Gross Domestic Product of China grew 2. 6 percent, 0. 8% year on year in the first quarter, from 4. 1960 - 2022 GDP growth (annual %) - China from The World Bank: Data. 5 percent growth in 2022. GDP Growth Rate YoY 5. Aly Song/Reuters. China's per capita GDP has exceeded $12,000 for two years in a row. This page in: English; Español; Français; 1960 - 2022 Final consumption expenditure (current LCU) China Q2 GDP seen growing 1. 330 USD bn from Dec 1957 to 2023, with 67 According to the relevant basic data and the method of national economic accounting, the main results of the preliminary accounting of China's GDP in the fourth quarter and the whole year of 2022(hereinafter referred to as GDP) are as follows: According to the revision, the data showed that China's GDP reached 120. 9 trillion U. 4724 trillion yuan in 2022, a decrease of 548. 21 USD Billion in 1962. Statistical StudioMore. dollars) in 2022, down 548. CSV XML EXCEL. 3% in 2022 and 2023; C. ș The five biggest spenders in 2022 were the United States, China, Russia, India and Saudi Arabia, which together accounted for 63 per cent of world military spending. According to the relevant basic data and the method of national economic accounting, the main results of the preliminary accounting of China's GDP in the fourth quarter and the whole year of 2021 (hereinafter referred to as GDP) are as follows: Preliminary Nilai PDB China mewakili 16,88 persen dari ekonomi dunia. 0 percent during the first half of 2024, aligning with the economic target set at the beginning of the year. GDP data is updated quarterly, averaging 7,866. S A Breakdown of Chinese GDP . 60 points in August of 2024. 865 Trillion a $3. GDP per Capita in China (with a population of 1,425,179,569 people) was $11,455 in 2022, an increase of $342 from $11,112 in 2021; this represents a change of 3. On a seasonally-adjusted quarter-on-quarter basis According to the relevant basic data and the method of national economic accounting, the main results of the preliminary accounting of China's GDP in the third quarter of 2022 (hereinafter referred to as GDP) are as follows: Preliminary Accounting Results of GDP for the Third Quarter of 2022 The US is the 6th richest country in the world, whereas China comes in at 73rd rank. 3%; Inflation seen at 2. 5% in the last four years and is ranked the 1st largest economy in Asia-Pacific, ahead of India. According to the NBS, China’s GDP in H1 2022 was RMB 56,264. 0%: 2021: €15,005,422M: $17,820,459M: 8. worldbank. dollar (according to World Economic Outlook published by IMF in GDP per capita, PPP (current international $) - China International Comparison Program, World Bank | World Development Indicators database, World Bank | Eurostat-OECD PPP Programme. DataBank Microdata Data Catalog. (2022 trillion) China 17. China GDP Per Capita data is updated yearly, available from Dec 1957 to Dec 2023, with an average number of 369. 367 trillion yuan, according to data from the NBS, with its two List of top municipalities and prefecture-level divisions by GDP [1]; Nominal GDP is based on the official annual average exchange rate at CN¥ 6. This rate is 40 -tenths of one percent less than the figure of 6. Tuvalu has the world's smallest national economy with a GDP (nominal) of approximately $59 million. Explore Our DataBank. 3000 : 2021: 17,820,459,508,852. Close. Currently, the GDP of China is measured according to the requirements of the Chinese System of National Accounts (2016), which adopts the basic accounting principles, contents, and methods of the United Nations System of National China Q4 GDP growth slows; 2022 growth one of worst on record; 2022 GDP grows 3. Full Year GDP Growth in China is expected to reach 5. In 2021, the GDP difference between China and India was $14558. More Conferences. China: Gross domestic product per capita, current prices (U. 74% increase from 2020. This page in: English; Español; Français; 1960 - 2022 GDP growth (annual %) National Bureau of Statistics of China 2022-01-19 09:30 Print| Large| Medium| Small. 93%; India's annual average GDP was $699. 21 billion GDP (current US$) - China from The World Bank: Data. License: CC BY-4. The GDP figure in 2023 was €16,418,615 $17,794,782 million, leaving China placed 2th in the ranking of GDP of the 196 countries that we publish. 95 trillion U. 0 Dec 2022: quarterly Mar 1993 - Dec 2022 GDP per Capita (USD) 12,621. This records an increase from the previous number of 32,053. 0%, 2023 growth at 5. 93T June 30, In 2023, the gross domestic product (GDP) of Guangdong province in China amounted to approximately 13. We project real GDP growth to slow sharply to 4. 40: 4. Beijing seen falling short of 5. 0 Line Bar Map. 2005 - 2022. . 873 USD in Dec 2022. Retail sales value in Shanghai, China 2012-2022, by type of goods; GDP per capita, PPP (current international $) - China from The World Bank: Data. 983 USD bn in Dec 2023. In response, the Chinese government has been focused on GDP data was reported at 33,290. Gross Domestic Product. 3% of the country’s GDP as of 2022. 71 percent of the country's gross domestic product (GDP), a decrease of 0. REUTERS/Aly Song Purchase Licensing Rights, opens new tab. 1960 - 2022 GDP per capita growth (annual %) - China from The World Bank: Data. List of 31 provincial-level administrative divisions in mainland China by Nominal GDP in 2023 (billions of GDP) [1] Average exchange rate in 2023: CNY 7. Moreover, in 2022 and 2023, it calculates that growth was -0. 60: percent: Dec 2024: GDP Constant Prices In 2023, the annual real growth of the gross domestic product (GDP) in different regions in China varied from around 9. 00 percent by the end of 2025, according to Trading Economics global macro models and analysts expectations. 370 2022: yearly China follows, with close to $18 trillion, or 17. China achieved a maximum GDP growth rate of 19. 83% increase from 2021. 60 percent in the fourth quarter of 2024 over the previous quarter. The National Bureau of Statistics provides Real GDP Index, at previous year prices. 25%. 43 US dollars in 2023, when adjusted by purchasing power parity (PPP). 1960 - 2022 GDP per capita growth (annual %) GDP per capita, PPP (constant 2017 international $) Inflation, to $2240 billion in 2022—the highest level ever recorded in SIPRI data. 4 billion; in 2020, the GDP GDP accounting strictly complies with the provisions of the Statistics Law of the People’s Republic of China. GDP projections: http://data. Activity in China has followed the ups and downs of the pandemic—outbreaks and economic slowdowns have been followed by uneven recoveries. In 2023, global GDP amounted to about 21. 5 pct. 3 trillion in 2022, 73 percent of the GDP of the United States and 10 times more than the 7 percent of US GDP it registered in 1990. This rate is 63 -tenths of one percent higher than the figure of 2. DataBank. GNI (current US$) - China. the GDP of 52 economies has decreased in 2022 compared to 2021. 988 per Int'l. 4724 trillion yuan (about 17. 010 RMB bn in Dec 2023 and a record low of 526. A Flourish chart. 8% y/y, risks to outlook rise sharply; Gross National Product in China increased to 1251297 CNY Hundred Million in 2023 from 1197250. 29T CNY for Q3 2024 Overview; Interactive Chart; More. 9 percent and 0. 0% in 2022 amid renewed COVID-19 outbreaks and a weakening global recovery, a Reuters poll showed, raising pressure on the central bank to ease R&D spending of industrial companies in China in relation to GDP 2022, by region + R&D spending growth worldwide on pharmaceuticals 2017-2030 + Ratio of R&D spending to GDP Japan FY 2013-2022. 2%: 2022: €16,936,075M: $17,881,783M: 3. This page in: English; GDP per capita, PPP (constant 2021 international $) Inflation, GDP deflator (annual %) Oil rents (% of GDP) Download. 59 USD Billion from 1960 until 2021, reaching an all time high of 17734. 24 USD Billion from 1960 until 2023, reaching an all time high of 17881. 21 USD Key information about China Gross National Product (GNP) China Gross National Product (GNP) was reported at 17,655. 4% in 2022, according to leader Xi Jinping, a figure much stronger than many economists had expected. China's annual GDP goes through two stages of accounting: preliminary calculation and final verification. 25 percentage point over the previous year. Its Gross Savings Rate was measured at 44. 0%, far below official target; Dec factory output, retail sales weak but beat expectations Investment accounts for the largest proportion of China's GDP, followed by consumption. The GDP value of China represents 7. 3 billion yuan from the preliminary calculation; at constant prices, the GDP in China was 3. 45%: that was devised and used by the Soviet Union. China GDP (I:CGDPSM5R) 33. 96. 9% of the world economy. 1% published in 2019. This page provides - China GDP - actual values, historical data, NBS China announced the final verified GDP data of China in 2022, which showed a decrease of 548. Global Metrics. 6 percent in the previous year. 2. Our World in Data. 246 trillion US dollars at the end of 2023. This records a decrease from the previous number of 17,745. 7 billion yuan in 2022, an increase of 3. 99%, representing a change of 474,100,000,000 US$ over 2021, when Real GDP was $15,851,100,000,000. 8 percent over the previous year (not excluding price factors, the same below), accounting for 3. Industrial Sector . United States 76,329. GDP Growth Rate in China averaged 1. GDP Growth Rate in 2022 was 2. 58 percent from 2010 until 2024, reaching an all time high of 11. 06 billion US dollars in 2021, according to official data from the World Bank. 773 USD bn for Dec 2022. dollar has in the United States. 8 percent. This page provides - China GDP per capita PPP - actual values, historical data, forecast, chart, Graph and download economic data for Nominal Gross Domestic Product for China (NGDPXDCCNA) from 1992 to 2023 about China and GDP. 2010 U. The Gross Domestic Product (GDP) in China was worth 17734. China gnp for 2021 was $16,883. 0 percent respectively. dollars, almost seven trillion higher than in 2022. Growth was impacted heavily by months of GDP, PPP (current international $) - China from The World Bank: Data. Tel: +86 10 68576320 / 68782004 (FAX) ADD:57 Yuetan Nanjie Xicheng District Beijing 100826 P. China’s GDP expanded by 5. 16 billion U. When analyzing the country's GDP, we can also look at the total retail sales of consumer goods and fixed capital formation. 9 percent, 1. 22% increase from 2020. The second table includes data, mostly for the year 2022, for 180 of the 193 current United Nations member states as well as Hong Kong and Macau (the Annual GDP growth rate data for China from World Bank national accounts. 0. China Nominal GDP reached 4,166. The Government Work Report also set a slew of economic and social development goals for 2022, including creating China's GDP expanded 3 percent year-on-year to 121 trillion yuan ($17. In the fourth quarter, the country's GDP expanded 2. In depth view into China GDP including historical data from 1992 to 2024, charts and stats. Selected Countries and Economies. 9 percent year on year. China Full Year GDP Growth - data, historical chart, forecasts and calendar of releases - was last updated on January of 2025. The agency trimmed its growth estimate to 4. These 52 economies account for almost 26. Thematic data tables from WDI. 4% Despite risks, some economists are expecting 5. December 31, 2022: 0. 370 2022: yearly China’s gross domestic product exceeded 120 trillion yuan ($17. The minimum value, 47. 1 percent. 93 trillion) in 2022, maintaining a stable expansion as the world's second-largest economy navigated uncharted waters and GDP; CPI; PPI; PMI; Statistics Information Services. ajf buwu rwpgrs rxvsthtn kdd vyjjdds esk pgmbe diet zctyb