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China GDP

China's GDP rose to $18.74 trillion in 2024, up from $18.27 trillion in 2023, according to World Bank. This represents an increase of 2.6% ($473.45 billion) from the previous year and accounts for 16.84% of the world's total GDP. China has the 2nd highest GDP. Other top countries are United States, Germany, Japan and India.

China's GDP per capita rose to $13,121.68 in 2024, up from $12,484.16 in 2023.

Yearly Historical Data (1960-2024)

(in Trillion USD)
Year GDP (Trillion USD)
2024 18.74
2023 18.27
2022 18.32
2021 18.2
2020 15
2019 14.56
2018 14.15
2017 12.54
2016 11.46
2015 11.28
2014 10.67
2013 9.74
2012 8.67
2011 7.67
2010 6.19
2009 5.19
2008 4.67
2007 3.6
2006 2.79
2005 2.32
2004 1.98
2003 1.68
2002 1.49
2001 1.36
2000 1.22
1999 1.1
1998 1.04
1997 0.97
1996 0.87
1995 0.74
1994 0.57
1993 0.45
1992 0.43
1991 0.38
1990 0.36
1989 0.35
1988 0.31
1987 0.27
1986 0.3
1985 0.31
1984 0.26
1983 0.23
1982 0.21
1981 0.2
1980 0.19
1979 0.18
1978 0.15
1977 0.18
1976 0.15
1975 0.16
1974 0.14
1973 0.14
1972 0.11
1971 0.1
1970 0.09
1969 0.08
1968 0.07
1967 0.07
1966 0.08
1965 0.07
1964 0.06
1963 0.05
1962 0.05
1961 0.05
1960 0.06
China GDP : Definition
GDP measures the total value of all goods and services produced in China, measured in current US dollars. It is also called Nominal GDP.
Indicator Last Value Prior Value Period
GDP Annual Growth Rate 4.98% 5.41% 2024
GDP Growth Rate (QoQ) 1.1% 1% Sep'25
GDP Growth Rate (YoY) 4.8% 5.2% Sep'25
GDP per Capita $13,121.68 $12,484.16 2024
GDP per Capita PPP $23,845.62 $22,687.08 2024
R&D Expenditure (% GDP) 2.56% 2.43% 2022
Real GDP $18.49T $17.61T 2024