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East Asia & Pacific · Upper middle income

China: the economy in numbers

Per person: $13,862, or $29,333 at purchasing power parity. Population: 1.41 billion (2025).

$19.5T+5.0%real GDP growth, 2025

GDP in 2025, current US dollars: #2 of 204 economies. IMF forecast for 2026: +4.5%.

GDP per capita
$13,862
2025 · #88 of 204
GDP per capita, PPP
$29,333
2025 · #80 of 197
Inflation
0.1%
2025 · IMF forecast 2026: 1.0%
Government debt
98.6%
2025 · % of GDP, general government
Population
1.41B
2025 · #2 of 217
Unemployment
4.6%
2025 · ILO estimate
Stock market capitalization
79.5%
2025 · % of GDP · $15.5T
Life expectancy
78.0 years
2024

GDP

Adjusted for US inflation, in 2025 dollars: $652 billion in 1960, $19.5 trillion in 2025.

Current US dollars; “In 2025 dollars” removes US inflationSource: World Bank, World Development Indicators (CC BY 4.0)

GDP per capita

In 2025 dollars: $977 per person in 1960, $13,862 in 2025.

GDP per capitaGDP per capita, PPP (international $)
PPP: purchasing power parity, international dollarsSource: World Bank, World Development Indicators (CC BY 4.0)

Real GDP growth

Average over 2016–2025: 5.6% a year. Years of falling GDP since 1961: 5 of 65.

Shaded: IMF forecasts from 2026Source: World Bank, World Development Indicators (CC BY 4.0)
Source: International Monetary Fund, World Economic Outlook (October 2026)

Inflation

Consumer prices rose by 63.8% from 2000 to 2025. Highest annual inflation: 24.3% in 1994.

Shaded: IMF forecasts from 2026Source: World Bank, World Development Indicators (CC BY 4.0)
Source: International Monetary Fund, World Economic Outlook (October 2026)

Government debt, % of GDP

Highest since 1995: 98.6% of GDP in 2025. IMF forecast for 2031: 122.1%.

Shaded: IMF forecasts from 2026Source: International Monetary Fund, World Economic Outlook (October 2026)

Stock market capitalization, % of GDP

In 2025 listed domestic companies were worth $15.5 trillion, or 79.5% of GDP.

Listed domestic companies, end of year (the “Buffett indicator”)Source: World Bank, World Development Indicators (CC BY 4.0)

Population

1960: 667 million · 2025: 1.41 billion.

Source: World Bank, World Development Indicators (CC BY 4.0)

Unemployment rate

1991: 2.4% · 2025: 4.6%.

% of the labor force, ILO modeled estimatesSource: World Bank, World Development Indicators (CC BY 4.0)

Life expectancy at birth

1960: 33.4 years · 2024: 78.0 years.

Source: World Bank, World Development Indicators (CC BY 4.0)

Exports of goods and services

1960: 3.1% · 2025: 21.1%.

% of GDPSource: World Bank, World Development Indicators (CC BY 4.0)

Data by year

Show the year-by-year table
YearGDPGDP per capitaPer capita, PPPReal growthInflationGov. debt, % GDPPopulationUnemploymentStock market, % GDPLife expectancyExports, % GDP
20313.3%f2.0%f122.1%f
20303.3%f2.0%f119.5%f
20293.7%f1.9%f116.4%f
20284.0%f1.6%f113.2%f
20274.0%f1.4%f109.1%f
20264.5%f1.0%f104.4%f
2025$19.5T$13,862$29,3335.0%0.1%98.6%1.41B4.6%79.5%21.1%
2024$18.7T$13,293$27,1405.0%0.2%90.5%1.41B4.6%62.8%78.020.4%
2023$18.3T$12,951$25,2005.4%0.2%84.1%1.41B4.7%59.9%78.019.4%
2022$18.3T$12,971$23,0283.1%2.0%77.3%1.41B5.0%62.6%78.220.2%
2021$18.2T$12,887$20,8438.6%1.0%72.1%1.41B4.5%79.3%78.119.4%
2020$15T$10,627$18,2672.3%2.4%70.6%1.41B5.0%81.9%78.018.3%
2019$14.6T$10,343$17,6016.1%2.9%59.9%1.41B4.6%58.9%77.918.1%
2018$14.1T$10,086$16,2986.8%2.1%55.7%1.4B4.3%44.7%77.718.8%
2017$12.5T$8,980$15,0226.9%1.6%53.7%1.4B4.5%69.5%77.219.3%
2016$11.5T$8,255$14,1576.8%2.0%50.0%1.39B4.6%63.9%77.219.2%
2015$11.3T$8,175$13,4637.0%1.4%40.9%1.38B4.7%72.6%77.020.9%
2014$10.7T$7,781$12,9427.5%1.9%39.4%1.37B4.6%56.3%76.723.1%
2013$9.74T$7,147$12,2287.8%2.6%36.6%1.36B4.6%40.5%76.524.2%
2012$8.67T$6,405$11,4207.9%2.6%33.9%1.35B4.6%42.6%76.225.1%
2011$7.67T$5,704$10,4579.5%5.6%33.0%1.35B4.5%44.5%75.926.2%
2010$6.19T$4,629$9,41110.6%3.2%33.1%1.34B4.5%65.0%75.726.7%
2009$5.19T$3,898$8,4489.4%−0.7%33.9%1.33B4.7%68.9%75.324.3%
2008$4.67T$3,523$7,7139.7%5.9%26.6%1.32B4.6%38.1%74.832.1%
2007$3.6T$2,735$6,93514.2%4.8%28.8%1.32B4.3%124.3%74.834.9%
2006$2.79T$2,129$5,94612.7%1.6%25.2%1.31B4.4%41.0%74.435.5%
2005$2.32T$1,778$5,14811.5%1.8%26.0%1.3B4.5%17.3%74.133.4%
2004$1.98T$1,531$4,50510.1%3.8%25.9%1.3B4.5%22.6%73.730.6%
2003$1.68T$1,307$4,00710.1%1.1%26.4%1.29B4.6%30.5%73.426.6%
2002$1.49T$1,164$3,5919.2%−0.7%25.5%1.28B4.2%73.022.4%
2001$1.36T$1,065$3,2598.3%0.7%24.2%1.27B3.8%72.720.1%
2000$1.22T$969$2,9638.6%0.3%22.6%1.26B3.3%72.320.7%
1999$1.1T$881$2,6907.7%−1.4%21.6%1.25B3.2%72.018.0%
1998$1.04T$835$2,4837.9%−0.8%20.4%1.24B3.2%71.618.2%
1997$968B$787$2,2979.3%2.8%20.4%1.23B3.2%71.219.4%
1996$869B$713$2,08810.0%8.3%21.2%1.22B3.1%70.817.8%
1995$738B$613$1,88411.0%16.8%21.4%1.2B3.0%70.417.9%
1994$567B$476$1,68013.1%24.3%1.19B2.9%69.818.5%
1993$447B$379$1,47113.9%14.6%1.18B2.7%69.516.6%
1992$429B$368$1,27614.3%6.4%1.16B2.4%69.115.6%
1991$385B$334$1,1059.4%3.6%1.15B2.4%68.614.4%
1990$362B$319$9913.9%3.1%1.14B68.213.6%
1989$348B$3114.2%18.2%1.12B67.911.8%
1988$313B$28411.2%18.8%1.1B67.614.4%
1987$273B$25211.7%7.2%1.08B67.312.5%
1986$301B$2828.9%6.5%1.07B66.98.7%
1985$310B$29513.4%9.3%1.05B66.58.3%
1984$260B$25115.2%2.7%1.04B66.19.5%
1983$231B$22610.8%2.0%1.02B65.79.5%
1982$205B$2049.0%2.0%1.01B65.211.0%
1981$196B$1975.1%2.5%994M64.812.4%
1980$191B$1957.8%981M64.210.1%
1979$179B$1847.6%969M63.77.8%
1978$150B$15711.3%956M63.17.2%
1977$175B$1867.6%943M62.54.7%
1976$154B$166−1.6%931M61.24.8%
1975$164B$1798.7%916M61.04.9%
1974$144B$1602.3%900M60.25.0%
1973$139B$1577.8%882M59.54.3%
1972$114B$1323.8%862M58.63.1%
1971$100B$1197.1%841M57.72.7%
1970$92.8B$11319.3%818M56.82.5%
1969$79.8B$10016.9%796M56.02.8%
1968$71B$92−4.1%775M55.23.0%
1967$73B$97−5.8%755M54.43.0%
1966$76.9B$10510.6%735M53.73.1%
1965$70.6B$9917.0%715M53.03.2%
1964$59.8B$8618.2%698M52.33.2%
1963$50.8B$7410.3%682M51.73.3%
1962$47.3B$71−5.6%666M51.03.2%
1961$50.2B$76−27.3%660M40.23.0%
1960$59.8B$90667M33.43.1%

e: IMF estimate; f: IMF forecast. Inflation: IMF data for 1981–1986, World Bank for the other years.

Nearby economies in East Asia & Pacific

Nearest by distance between capitals, with GDP per capita.

American Samoa · Australia · Brunei · Cambodia · China · Fiji · French Polynesia · Guam · Hong Kong · Indonesia · Japan · Kiribati · Laos · Macao · Malaysia · Marshall Islands · Micronesia · Mongolia · Myanmar · Nauru · New Caledonia · New Zealand · North Korea · Northern Mariana Islands · Palau · Papua New Guinea · Philippines · Samoa · Singapore · Solomon Islands · South Korea · Thailand · Timor-Leste · Tonga · Tuvalu · Vanuatu · Vietnam

Rankings

Data and methods

Source: World Bank, World Development Indicators (CC BY 4.0)
Source: International Monetary Fund, World Economic Outlook (October 2026)