GDP Growth Rate GDP per capita GDP per capita PPP Gross Fixed Capital Formation Gross National Product. Economic Indicators for China including actual values historical data charts an economic calendar time-series statistics business news long term forecasts and short-term predictions for China economy.
The Gross Domestic Product GDP in China was worth 1434290 billion US dollars in 2019 according to official data from the World Bank and projections from Trading Economics.
China gdp growth rate trading economics. Economic growth for the whole of 2020 is the lowest since 1976 it marks a faster GDP growth rate than almost anyone predicted early in the year. Chinas growth dropped last quarter to its lowest level in nearly three decades as the worlds second largest economy continues to feel the pain from the trade war with the United States. Chinas economic freedom score is 595 making its economy the 103rd freest in the 2020 Index.
GDP Annual Growth Rate in China averaged 921 percent from 1989 until 2020 reaching an all time high of 1530 percent in the first quarter of 1993 and a record low of -680 percent in the first quarter of 2020. China has the worlds fastest-growing major economy with growth rates averaging 10 over 30 years. China gdp growth rate for 2019 was 611 a 064 decline from 2018.
And it comes as many other nations remain in the. GDP Annual Growth Rate in China is expected to be 670 percent by the end of this quarter according to Trading Economics global macro models and analysts expectations. Quarterly gross domestic product GDP growth rate in China Q4 2018-Q4 2020 GDP distribution across economic sectors in China 2009-2019 Gross domestic product GDP of China 2019 by region.
Based on the current price the countrys average annual GDP growth in these 32 years was 158 reaching an historical high of 3641 in 1994 and a record low of 625 in 1999. China 260 Dec20. As Chinas economy has matured its real GDP growth has slowed significantly from 142 in 2007 to 66 in 2018 and that growth is projected by the International Monetary Fund IMF to fall to 55 by 2024.
Here is Chinas growth rate by year showing how it has slowed since the 106 growth in 2010. As of 2019 Chinas public sector accounted for 63 of total employment. Forecasts by the IMF published in January 2021 expect a GDP growth.
China gdp growth rate for 2018 was 675 a 02 decline from 2017. In 2019 growth totaled 225 trillion the largest in the world. Chinas economy is measured by its gross domestic product.
Treasury securities which help fund the federal debt and keep US. The GDP value of China represents 1181 percent of the world economy. In the long-term the China GDP Annual Growth Rate is projected to trend around 590.
Write for Us Publish your articles and forecasts in our website. Looking forward we estimate GDP Annual Growth Rate in China to stand at 560 in 12 months time. GDP Growth Rate in China averaged 178 percent from 2010 until 2020 reaching an all time high of 1160 percent in the second quarter of 2020 and a record low of -970 percent in the first quarter of 2020.
GDP Growth Rate in Australia is expected to be 200 percent by the end of this quarter according to Trading Economics global macro models and analysts expectations. China gdp growth rate for 2016 was 685 a 019 decline from 2015. World Bank national accounts data and OECD National Accounts data files.
From 1979 until 2010 Chinas average annual GDP growth was 991 reaching a historical high of 152 in 1984 and a record low of 38 in 1990. Looking forward we estimate GDP Growth Rate in Australia to stand at 080 in 12 months time. According to preliminary data the growth of real gross domestic product GDP in China amounted to about 23 percent in 2020.
GDP growth annual – China. Chinas GDP was 144 trillion 99 trillion Yuan in 2019. 1 Thats roughly 8 more than in 2018.
GDP in China averaged 237529 USD Billion from 1960 until 2019 reaching an all time high of 1434290 USD Billion in 2019 and a record low of 4721 USD Billion in 1962. Get recognition from our millions of users. According to the IMF on a per capita income basis China ranked 73rd by GDP PPP per capita in 2019.
China gdp growth rate for 2017 was 695 a 01 increase from 2016. Its overall score has increased by 11 points due to increases in scores for business freedom and.