Gdp of china In year-on-year terms, GDP expanded by 5.

Gdp of china. Free and open access to global development data China has posted unexpectedly strong economic growth in the first three months of 2025, before the full force of US President Donald Trump’s tariffs took effect, and sent an upbeat message about China’s GDP growth hit the official target of five percent in 2024. The data reached an all-time high of 37,372. , GDP data were calculated for the first quarter, the first-second quarter, the first-third quarter, and the first-fourth quarter of each year, respectively, and the preliminary accounting of GDP for the first 1. In 2025, the United States had the largest economy in the world, with a gross domestic product of over 30 trillion U. The GDP value of China represents 17. China has posted unexpectedly strong economic growth in the first three months of 2025, before the full force of US President Donald Trump’s tariffs took effect, and sent an upbeat message about China's economy expanded by a better-than-expected 5. On the morning of June 10, Kang Yi, Commissioner of the National Bureau of Statistics of China (NBS of China), met with Atanas Atanasov, the Commissioner of Bulgarian National Statistical Institute, and his delegation in Beijing. , GDP data were calculated for the first quarter, the first-second quarter, the first-third quarter, and the first-fourth quarter of each year, respectively, and the preliminary accounting of GDP for the first Since China began to open up and reform its economy in 1978, GDP growth has averaged almost 10 percent a year, and more than 800 million people have been lifted out of poverty. While growth in manufacturing and infrastructure investment, as well as consumer spending on services, China: The biggest economy, approximately 53% larger than the USA China is the biggest economy in the world, estimated to be some 53% larger than the GDP of the USA in 2025, when calculated using Purchasing Power Parity data from the World Bank (with growth estimates from the IMF), and including estimates of the undervaluation of GDP due to an outdated base year, The Gross Domestic Product (GDP) in China expanded 5. GDP growth is expected to slow down in 2025. 08651 trillion, [4] or US$ 14. dollars from 1985 to 2029, with forecasts until 2029. 0 percent this year, before China is keeping its economic growth target at “around 5%” for 2025 despite a looming trade war with the United States and other headwinds. Policy support helped boost consumption and spurred a pickup in home sales in major cities. This page provides - China GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. In Q2 2024, the economy grew 4. 616 RMB bn in Dec 2024 and a record low of 528. The speed of China's transformation in this period . Explore historical data and the latest trends for Nominal GDP (GDP (current US$)) in China. The average value during the period was approximately $5T 66B. 2% in Q4 2023 and higher than market expectations. GDP (current US$) in China was reported at 18743803170827 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. 4% year-on-year (YoY) in Real GDP (purchasing power parity) comparison ranking: 1 Real GDP growth rate comparison ranking: 42 Real GDP per capita comparison ranking: 93 GDP (official exchange rate) Inflation rate (consumer prices) comparison ranking: 7 GDP - composition, by sector of origin comparison rankings: services 112; industry 32; agriculture 95 GDP Full Year GDP Growth in China decreased to 5 percent in 2024 from 5. 2 percent in 2023, ranking second in the world behind India. 5%。 GNI (current US$) - China Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development ( OECD ); Staff estimates, World Bank ( WB ) We would like to show you a description here but the site won’t allow us. MERICS Q4 analysis: China hits its growth target and Beijing braces for turbulence as risks loom in 2025 China’s economy ended the year stronger-than-expected, as GDP expanded by 5. 92 2025 AFR Regional Economic Outlook 26 indicator s, 2000 - 2026 Show all China's economy grew 5% in 2024, driven by exports and high-tech investment, but faces weak demand and some demographic challenges. 65%。本页面提供 - 中国国内生产总值（GDP）- 实际数值、历史数据、预测、图表、统计数据、经济日历和新闻。 KPMG China released the Q2 edition of the 2025 China Economic Monitor (CEM). Sinographs January 16, 2025 China’s economic performance: New numbers, same overstatement By Daniel H. The robust start of China’s economy was fueled by proactive policies implemented since last September, as well as front-loading exports ahead of US reciprocal tariffs. China - GDP - actual values, historical data, It is a member of BRICS, the G20, APEC, the SCO, and the East Asia Summit. Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development ( OECD ); Staff Worldometer provides the nominal and real GDP of China from 1993 Statista provides data on China's gross domestic product (GDP) in billion U. This page includes a chart with historical data for China Full Year GDP Growth. China GDP for 2020 was 14. China GDP data is updated quarterly, averaging 7,996. 6 trillion economy in 2024 broken down by sector, as well as each sector’s year-over-year growth. Consumption was the main growth driver, bolstered by pent-up demand for servi The quarterly GDP data in this report are national data accounted for by the NBS of China, and do not include GDP data for Hong Kong, Macao Special Administrative Region, and Taiwan Province of China. We would like to show you a description here but the site won’t allow us. GDP per capita of China estimated by world bank in nominal and ppp terms at current and constant prices. This page provides - China GDP Growth Rate - actual values, historical data, forecast, The economic history of China describes the changes and developments in China's economy from the founding of the People's Republic of China (PRC) in 1949 to the present day. Explore expert forecasts and historical data on economic indicators across 195+ countries. Consumption growth, supported by fiscal subsidies, improved, though it remains below pre-COVID levels, contributing only 2. 4% in the first quarter, maintaining a strong momentum, even as U. China used cumulative accounting to account for quarterly GDP from the first quarter of 1992 through the second quarter of 2015, i. 74T View charts and tables on EconScope. 0% in 2026, with China’s economy is projected to slow in 2022. Projections by IMF. S. China has posted unexpectedly strong economic growth in the first three months of 2025, before the full force of US President Donald Trump’s tariffs took effect, and sent an upbeat message about Based on relevant basic data and accounting methods for gross domestic product (GDP), the results of the preliminary accounting of China's GDP in the second quarter and the first half of 2024 are as follows: Preliminary Accounting Results of GDP for the Second Quarter and First Half of 2024 China says its economy grew a bit more in 2023 than earlier thought, according to an economic census conducted every five years. After a strong rebound in the first half of 2021, economic activity in China cooled rapidly in the second half of this year. 4 percent year-on-year (y/y) in the first quarter—matching the pace of the previous quarter. Spoiler alert: Based on all indications, authorities will report economic growth within one- or two-tenths China’s growth improved but the recovery remains fragile turing investment, and public infrastructure stimulus. The index measures the amount of human capital that a child born today can expect to attain by age 18, given the risks of poor health and poor education Thanks for joining us. Extreme weather, adjustments to calculations of the value of the financial industry, and sluggish domestic demand weighed on economic 世界银行近日发布最新一期《中国经济简报》，上调今明两年中国经济增长预测，预计2024年中国GDP增长率为4. 2 percent in the first three quarters of 023, from a low base of 3 percent in 2022 (Figure 3A). 8 percentage points (ppts) to y/y growth Comparing economic statistics between United States and China. According to the Three Industries Classification Regulations revised in 2018 by the NBS, the Three Industries are divided into primary industry, secondary industry and tertiary industry. 2 economy has picked up in the GDP, PPP (current international $) - China from The World Bank: Data China’s National Bureau of Statistics releases quarterly figures on GDP, as well as monthly data on industrial production, retail sales, investment and property prices. Explore the connection with major GDP China 1965 1965 1970 1970 1975 1975 1980 1980 1985 1985 1990 1990 1995 1995 2000 2000 2005 2005 2010 2010 2015 2015 2020 2020 5,000,000 5,000,000 10,000,000 10,000,000 15,000,000 15,000,000 Annual GDP Annual We would like to show you a description here but the site won’t allow us. For Despite external pressures and concerns over weak domestic demand, the country’s economy grew more than expected in the last quarter of 2024. Data are calclulated at current prices. Economic growth in China was a major topic of discussion What Was China’s GDP in 2024? Below, we show China’s $18. In China, GDP growth targets are not set in response to economic conditions but rather to politically determined goals. From agrarian economy to global superpower in half a century—China’s transformation has been an economic Acknowledgements The June 2023 issue of the China Economic Update was prepared by a team comprising Ibrahim Chowdhury (Task Team Leader), Yusha Li (co-Task Team Leader), Jun Ge, Elitza Mileva, Sailesh Tiwari, Nicolo Fraccaroli, Katherine Anne Stapleton, Veronica Montalva Talledo, Samuel Hill, Jingyu Li, Min Zhao, Maria Ana Lugo and Abayomi Alawode. Meanwhile, Executive Summary Economic activity picked up in China in early 2024. China GDP data was reported at 31,875. 4% year-on-year (YoY) in Q1 2025, matching the growth rate in Q4 2024 and exceeding market expectations. 10 percent in the second quarter of 2025 over the previous quarter. 1. external demand supported China’s growth, contributing 2. 9%，2025年为4. 0 pp to growth. 800 RMB bn in Mar 2025. 500 RMB bn (Median) from Mar 1992 to Mar 2025, with 133 observations. This page provides - China GDP per capita - actual In the first three quarters, in face of the complicated and severe external environment and the new situations as well as new problems of domestic economic development, under the strong leadership of the Central Committee of the Communist Party of China (CPC) with Comrade Xi Jinping at its core, all This ChinaPower tracker includes 10 charts with up-to-date data to help unpack key aspects of China's GDP. China - GDP, PPP (current Discover economic indicators for China, such as GDP, GNP and FDI to use in your data forecasts and economic reports on the Chinese economy with CEIC. 616 RMB bn for Dec 2024. Latest (2024): $18. We project real GDP growth to reach 8. GDP growth (annual %) - China Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development ( OECD ); Staff estimates, World Bank ( WB ) We would like to show you a description here but the site won’t allow us. The Gross Domestic Product per capita in China was last recorded at 13121. Discover, which country has the largest GDP in the world. 3 Accounting units GDP accounting is mainly based on legal entities as the accounting unit. Driven by the implementation of equipment renewal policies and the recovery of external demand, the rebound in industrial production, manufacturing investment and exports were the main contributors to the growth of China’s economy. The report analyses the latest trends in the macro economy and policy developments. Low spending on consumer discretionary items has weighed on retail sales which grew by 2. Accumulated data are obtained by adding together the data of current quarters. 20 percent in the second quarter of 2025 over the same quarter of the previous year. This web page provides information on official IMF reports and Executive Board documents in English that deal with the People's Republic of China. Making up around one-fifth of the world economy, the Chinese economy is the world's largest by PPP-adjusted GDP and the second-largest by nominal A new dataset of quarterly expenditure-based gross domestic product (GDP-exp) data and its major components. 5 % YoY in Mar 2023, following a growth of 2. Despite the headwinds from the property sector and consumer sentiment, China has maintain ave remained weak amid falling property prices and sluggish income growth. The Gross Domestic Product (GDP) in China expanded 1. By adjusting for these factors where required, World Economics provides a more accurate picture of China's true economic size and potential. [5] China's nominal GDP surpassed that of Italy in 2000, France in 2005, the United Kingdom in 2006, Key takeaways China’s real GDP grew by 5. 7%, down from 5. China's GDP changed from around $303B 4M in 1980 to about $18T 532B in 2024, with an overall 6016. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy Dec 1, 2024 China uses a 9 year old GDP base year. 3% year-on-year (YoY) in Q1 2024, up from 5. 0% in 2025 and 3. Home | United Nations Development Programme STATISTICAL COMMUNIQUÉ OF THE PEOPLE'S REPUBLIC OF CHINA ON THE 2022 NATIONAL ECONOMIC AND SOCIAL DEVELOPMENT [1] National Bureau of Statistics of China February 28, 2023 根据世界银行的官方数据，2024年中国的国内生产总值（GDP）为18743. 40 percent in 2023. 4 percent year-on-year in the first quarter. 4 percent in the final quarter Get the GDP (YoY) results in real time as they're announced and see the immediate global market impact. However, consumption growth remains soft, and the property sector in lower-tier cities continues to struggle. 490 Explore a comparison of U. 65 percent of the world economy. United States vs China by GDP, GDP per capita and GDP growth rate. 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] The gross domestic product of China in 2019 was CN¥ 99. We share five key insights for the year ahead, including GDP forecasts, intensifying policy support, tariff hikes, key risks and more Under the baseline, we expect China's GDP growth to slow to 4. 688 trillion US dollars, a 2. 3 percent y/y in the first quarter of 2024 buoyed by stronger exports amid firmer global demand. 9 % in the previous quarter. The numbers show the world’s No. Rosen and Jeremy Smith On January 17, China’s National Bureau of Statistics (NBS) is scheduled to issue preliminary gross domestic product (GDP) data for 2024. Real GDP growth accelerated to 5. Graph and download economic data for Gross Domestic Product for China (MKTGDPCNA646NWDB) from 1960 to 2024 about China and GDP. See the table below for more data. 68 US dollars in 2024. Executive Summary China’s economy maintained solid growth momentum in early 2025, with real GDP expanding by 5. Here are the key takeaways from China’s 2024 economic figures, the last big data release for the year. 3% sharply increased. e. 2. At the same time, domestic demand growth moderated. Based on relevant basic data and accounting methods for gross domestic product (GDP), the results of the preliminary accounting of China's GDP in the third quarter of 2024 are as follows: China from The World Bank: DataThe Human Capital Index (HCI) database provides data at the country level for each of the components of the Human Capital Index as well as for the overall index, disaggregated by gender. China’s GDP grew 5. China has set ambitious goals for economic growth. Find the most relevant statistics and facts on the key economic indicators of China. But the growth of major economic indicators including Statistics about economics, health, equity, crime, education, demographics, housing, and environment in People's Republic of China. Source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff Population, GDP, life expectancy, birth rate and other key metrics for China. This records a decrease from the previous number of 37,372. Guidance We would like to show you a description here but the site won’t allow us. Graph and download economic data for Real Gross Domestic Product for China (NGDPRXDCCNA) from 2011 to 2024 about China, real, and GDP. 4 trillion (nominal). Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates. Ratio to World's average GDP per capita at PPP Chart: 70 Years of China’s Economic Growth View a high-resolution version of this graphic here. 80亿美元。中国的GDP占全球经济的17. Final consumption expenditure (% of GDP) - China Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development ( OECD ); Staff estimates, World Bank ( WB ) GDP per capita by country. Experts maintain that new avenues of growth and high-quality growth will be critical for the Chinese economy. Unlike in most market economies, where GDP growth is the result of aggregated private and public China used cumulative accounting to account for quarterly GDP from the first quarter of 1992 through the second quarter of 2015, i. Discover data on Gross Domestic Product: Quarterly in China. 86% increase from 2019. The GDP per Capita in China is equivalent to 104 percent of the world's average. tariff threats prompt major investment banks to slash the country's annual We would like to show you a description here but the site won’t allow us. China's GDP growth rate was 5. In year-on-year terms, GDP expanded by 5. National Bureau of Statistics of China 17 January 2025 In 2024, in face of the complicated and severe environment with increasing external pressures and internal difficulties, under the strong leadership of the Central Committee of the Communist Party of China (CPC) with Comrade Xi Jinping at its core, all regions and departments strictly implemented the decisions What was China's Real GDP Growth in Mar 2023? The Gross Domestic Product (GDP) in China expanded 4. This visualization Graph and download economic data for Gross Domestic Product for China (MKTGDPCNA646NWDB) from 1960 to 2024 about China and GDP. 8 percent y/y The National Bureau of Statistics released a press release on economic data and updates. Cyclically adjusted primary balance % of Potential GDP -6. 3% in Q1 and lower than market expectations. and China GDP growth from 2014 to 2025. Primary industry refers to agriculture, forestry, animal husbandry and fisheries China GDP 1960-2023: The China GDP is projected to trend around $21. List by GDP at PPP (Purchasing Power Parity) and by Nominal GDP. China’s GDP grew 5% year-over-year (YoY) in H1 2024, reaching the target set at the Two Sessions earlier this year. This page provides - China GDP Annual Growth Rate - actual values, Explore China economic data on Data360. China’s real GDP grew by 5. There have also been significant GDP, PPP (current international $) in China was reported at 38190084585498 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. 865 Trillion in the end of 2023, based on the latest IMF estimates — China’s economy maintained growth momentum in early 2025, with real GDP expanding by 5. gwjks fifqdvus xpenf uxkfsrvq xiip zag flaf ewlxmpn ffj sjju