IvanStat

Gross Domestic Product (GDP) in China

GDP of China, 1970-2015

During 1970-2015 GDP of China in current prices grew by 11 068.8 billion US dollars (in 124.5 times) to 11 158.5 billion US dollars; change occurred by 63.1 billion US dollars by increasing of people by 568.4 million, as well as by 11 005.7 billion US dollars by increasing of GDP per capita by 7 998.0 US dollars. The average annual growth of GDP of China was 246.0 billion US dollars or 11.3%. The average annual growth of GDP of China in constant prices was 9.0%. Share in the world rose by 12.4%. Share in Asia increased by 24.4%. Minimal GDP was in 1970 (89.6 billion US dollars). Maximal GDP was in 2015 (11 158.5 billion US dollars).

During 1970-2015 GDP per capita in China rose by 7 998.0 US dollars (in 73.1 times) to 8 109.0 US dollars. The average annual growth of GDP per capita in current prices was 177.7 US dollars or 10.0%.

GDP of China, 1970

GDP of China in 1970 was worth 89.6 billion US dollars, ranked 8th in the world and was on par with GDP of Canada (87.9 bln. US dollars). Share of China in the world GDP was 2.6%.

GDP per capita in China in 1970 was worth 111.0 US dollars, ranked 160th in the world and was on par with GDP per capita in Benin (111.0 US dollars), GDP per capita in Cambodia (110.0 US dollars), GDP per capita in India (108.0 US dollars), GDP per capita in Malawi (104.0 US dollars). GDP per capita in China was less than GDP per capita in the World (924.0 US dollars) by 813.0 US dollars.

Comparison of GDP in China and the neighbors in 1970. GDP of China was greater than GDP of India (59.6 billion US dollars), GDP of South Korea (9.0 billion US dollars), GDP of Viet Nam (2.8 billion US dollars), GDP of Myanmar (2.7 billion US dollars), but was less than GDP of Japan (211.5 billion US dollars). GDP per capita in China was greater than GDP per capita in India (108.0 US dollars), GDP per capita in Myanmar (99.0 US dollars), GDP per capita in Viet Nam (64.0 US dollars), but was less than GDP per capita in Japan (2 040.0 US dollars), GDP per capita in South Korea (286.0 US dollars).

Comparison of GDP in China and leaders in 1970. GDP of China was less than GDP of the United States (1 075.9 billion US dollars) in 12.0 times, GDP of Germany (215.0 billion US dollars) in 2.4 times, GDP of Japan (211.5 billion US dollars) in 2.4 times, GDP of the United Kingdom (130.7 billion US dollars) by 45.8%. GDP per capita in China was less than GDP per capita in the United States (5 136.0 US dollars) in 46.3 times, GDP per capita in Germany (2 744.0 US dollars) in 24.7 times, GDP per capita in the United Kingdom (2 350.0 US dollars) in 21.2 times, GDP per capita in Japan (2 040.0 US dollars) in 18.4 times.

Potential GDP of China in 1970. With GDP per capita at the level of the United States (5 136.0 US dollars), GDP of China would be 4 148.1 billion US dollars, it is in 46.3 times more than the actual level. With GDP per capita at the level of Japan (2 040.0 US dollars), as the best neighbor, GDP of China would be 1 647.6 billion US dollars, it is in 18.4 times more than the actual level. With GDP per capita at the level of the World (924.0 US dollars), GDP of China would be 746.3 billion US dollars, it is in 8.3 times more than the actual level. With GDP per capita at the level of Eastern Asia (333.0 US dollars), GDP of China would be 268.9 billion US dollars, it is in 3.0 times more than the actual level. With GDP per capita at the level of Asia (245.0 US dollars), GDP of China would be 197.9 billion US dollars, it is in 2.2 times more than the actual level.

GDP of China, 2015

GDP of China in 2015 was 11 158.5 billion US dollars, ranked 2nd in the world. Share of China in the world GDP was 15.0%.

GDP per capita in China in 2015 was 8 109.0 US dollars, ranked 92nd in the world and was on par with GDP per capita in Lebanon (8 571.0 US dollars), GDP per capita in Brazil (8 528.0 US dollars), GDP per capita in Gabon (7 961.0 US dollars), GDP per capita in Saint Lucia (7 839.0 US dollars), GDP per capita in Cuba (7 657.0 US dollars). GDP per capita in China was less than GDP per capita in the World (10 098.0 US dollars) by 1 989.0 US dollars.

Comparison of GDP in China and the neighbors in 2015. GDP of China was greater than GDP of Japan (4 383.1 billion US dollars), GDP of India (2 116.2 billion US dollars), GDP of South Korea (1 377.9 billion US dollars), GDP of Russia (1 326.0 billion US dollars), GDP of Viet Nam (193.2 billion US dollars), GDP of Kazakhstan (181.8 billion US dollars), GDP of Myanmar (62.6 billion US dollars). GDP per capita in China was greater than GDP per capita in Viet Nam (2 068.0 US dollars), GDP per capita in India (1 614.0 US dollars), GDP per capita in Myanmar (1 161.0 US dollars), but was less than GDP per capita in Japan (34 629.0 US dollars), GDP per capita in South Korea (27 397.0 US dollars), GDP per capita in Kazakhstan (10 312.0 US dollars), GDP per capita in Russia (9 243.0 US dollars).

Comparison of GDP in China and leaders in 2015. GDP of China was greater than GDP of Japan (4 383.1 billion US dollars) in 2.5 times, GDP of Germany (3 363.6 billion US dollars) in 3.3 times, GDP of the United Kingdom (2 858.0 billion US dollars) in 3.9 times, but was less than GDP of the United States (18 036.6 billion US dollars) by 61.6%. GDP per capita in China was less than GDP per capita in the United States (56 054.0 US dollars) in 6.9 times, GDP per capita in the United Kingdom (44 162.0 US dollars) in 5.4 times, GDP per capita in Germany (41 686.0 US dollars) in 5.1 times, GDP per capita in Japan (34 629.0 US dollars) in 4.3 times.

Potential GDP of China in 2015. With GDP per capita at the level of the United States (56 054.0 US dollars), GDP of China would be 77 133.6 billion US dollars, it is in 6.9 times more than the actual level. With GDP per capita at the level of Japan (34 629.0 US dollars), as the best neighbor, GDP of China would be 47 651.5 billion US dollars, it is in 4.3 times more than the actual level. With GDP per capita at the level of Eastern Asia (11 056.0 US dollars), GDP of China would be 15 213.7 billion US dollars, it is by 36.3% more than the actual level. With GDP per capita at the level of the World (10 098.0 US dollars), GDP of China would be 13 895.4 billion US dollars, it is by 24.5% more than the actual level.

Size of GDP in China

Gross Domestic Product (GDP) in China, bln. US dollars
Prices197019801990200020102015
current prices89.6305.3398.61 214.96 066.411 158.5
constant prices197089.6163.9398.01 072.92 921.74 268.4
2005121.0221.2537.21 448.33 944.25 762.2
Picture. China: GDP Picture. GDP: share of China in the world

GDP in China and its neighbors, bln. $
Country197019801990200020102015
China89.6305.3398.61 214.96 066.411 158.5
Japan211.51 099.73 140.04 887.55 700.14 383.1
India59.6179.1316.9453.61 650.62 116.2
South Korea9.065.0279.3561.61 094.51 377.9
Russia571.0259.71 524.91 326.0
Viet Nam2.82.46.531.2115.9193.2
Kazakhstan29.718.3148.0181.8
Myanmar2.75.95.27.341.462.6

GDP in China and leaders, bln. $
Country197019801990200020102015
United States1 075.92 862.55 979.610 284.814 964.418 036.6
China89.6305.3398.61 214.96 066.411 158.5
Japan211.51 099.73 140.04 887.55 700.14 383.1
Germany215.0946.71 764.91 950.03 417.13 363.6
United Kingdom130.7565.01 093.21 635.42 429.72 858.0

Growth of GDP in China

Picture. China: GDP, growth Picture. China: GDP, growth

GDP per capita in China

Picture. China: GDP per capita Picture. China: GDP per capita

GDP per capita in China and its neighbors, $
Country197019801990200020102015
Japan2 040.09 487.025 685.038 878.044 770.034 629.0
South Korea286.01 735.06 501.012 155.022 296.027 397.0
Kazakhstan1 798.01 223.09 077.010 312.0
Russia3 869.01 774.010 652.09 243.0
China111.0312.0345.0957.04 524.08 109.0
Viet Nam64.044.095.0388.01 312.02 068.0
India108.0257.0364.0431.01 341.01 614.0
Myanmar99.0171.0124.0153.0801.01 161.0

GDP per capita in China and leaders, $
Country197019801990200020102015
United States5 136.012 468.023 649.036 355.048 291.056 054.0
United Kingdom2 350.010 049.019 142.027 781.038 741.044 162.0
Germany2 744.012 113.022 353.023 810.042 483.041 686.0
Japan2 040.09 487.025 685.038 878.044 770.034 629.0
China111.0312.0345.0957.04 524.08 109.0

Structure of GDP in China

Structure of GDP by expenditures, %
Yearconsumption expenditurecapital formationnet export
totalhousehold expendituregovernment expendituretotalfixed capital formation
197066.054.711.334.625.60.11
198064.851.113.835.529.4-0.32
199062.949.513.534.424.32.7
200063.346.716.634.333.32.4
201048.535.612.947.945.23.7
201551.738.113.645.143.53.4
Picture. China: structure of GDP by expenditures, 2015, %