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China Real GDP

China's real GDP rose to $18.49 trillion in 2024, up from $17.61 trillion in 2023, according to World Bank. This represents an increase of 5% ($876.59 billion) from the previous year and accounts for 19.12% of the world's total real GDP. China has the 2nd highest real GDP. Other top countries are United States, Japan, Germany 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 Real GDP (Trillion USD)
2024 18.49
2023 17.61
2022 16.71
2021 16.2
2020 14.92
2019 14.58
2018 13.75
2017 12.88
2016 12.05
2015 11.28
2014 10.54
2013 9.81
2012 9.1
2011 8.44
2010 7.71
2009 6.97
2008 6.37
2007 5.81
2006 5.09
2005 4.52
2004 4.05
2003 3.68
2002 3.34
2001 3.06
2000 2.83
1999 2.6
1998 2.41
1997 2.24
1996 2.05
1995 1.86
1994 1.68
1993 1.48
1992 1.3
1991 1.14
1990 1.04
1989 1
1988 0.96
1987 0.86
1986 0.77
1985 0.71
1984 0.63
1983 0.54
1982 0.49
1981 0.45
1980 0.43
1979 0.4
1978 0.37
1977 0.33
1976 0.31
1975 0.31
1974 0.29
1973 0.28
1972 0.26
1971 0.25
1970 0.24
1969 0.2
1968 0.17
1967 0.18
1966 0.19
1965 0.17
1964 0.14
1963 0.12
1962 0.11
1961 0.12
1960 0.16
China Real GDP : Definition
Real GDP is defined as the value of all goods and services produced in China, measured in US dollars adjusted to 2015 prices. By fixing prices to a base year, it removes the effect of inflation, so this represents real GDP rather than nominal GDP.
Indicator Last Value Prior Value Period
GDP $18.74T $18.27T 2024
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