Gross domestic product (GDP) growth rate in China 2011-2024

The graph shows the change in real gross domestic product (GDP) in China until 2018, with IMF forecasts until 2024. In 2018, China's real GDP change amounted to about 6.6 percent.

Real GDP growth rate in China – additional information

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 2017, 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 19.5 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.

Another key 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 421.4 billion U.S. dollars in 2017.

China: growth rate of real gross domestic product (GDP) from 2011 to 2024

GDP year-on-year change
2024*5.5%
2023*5.6%
2022*5.7%
2021*6%
2020*6.1%
2019*6.3%
20186.6%
20176.8%
20166.7%
20156.9%
20147.3%
20137.8%
20127.9%
20119.5%
Loading statistic...
You need to log in to download this statistic
Register for free
Already a member?
Log in
Show detailed source information?
Register for free
Already a member?
Log in
Source

Release date

April 2019

Region

China

Survey time period

2011 to 2018

Supplementary notes

*IMF estimate.
Source does not provide an exact publication date. Date given is the day of data access.

Statista Accounts: Access All Statistics. Starting from $708 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.

Premium Account
Your perfect start with Statista
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references

$59 / Month *

Corporate Account
Full access

Corporate solution including all features.

* All products require an annual contract.
   Prices do not include sales tax.

Statistics on "China"

Statista Accounts: Access All Statistics. Starting from $708 / Year
Learn more about how Statista can support your business.