Current account balance as a proportion of GDP in China
China: Current account balance as a proportion of GDP was 2.3% in 2024. ◆ Volatile
Current account balance as a proportion of GDP in China, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
China recorded 2.3% for current account balance as a proportion of gdp in 2024.
Compared with earlier readings it is up 56.9% on the previous year and up 2.3% over ten years.
Over the whole period, current account balance as a proportion of gdp in China peaked at 9.8% in 2007 and was at its lowest, 0.2%, in 2018.
That places China 62nd out of 204 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance as a proportion of GDP in China, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 1.7% | — |
| 2001 | 1.3% | -23.4% |
| 2002 | 2.4% | +85.1% |
| 2003 | 2.6% | +7.5% |
| 2004 | 3.5% | +35.9% |
| 2005 | 5.7% | +64.4% |
| 2006 | 8.3% | +45.4% |
| 2007 | 9.8% | +18.0% |
| 2008 | 9.0% | -8.0% |
| 2009 | 4.7% | -48.0% |
| 2010 | 3.8% | -18.1% |
| 2011 | 1.8% | -53.8% |
| 2012 | 2.5% | +40.0% |
| 2013 | 1.5% | -38.7% |
| 2014 | 2.2% | +45.4% |
| 2015 | 2.6% | +17.5% |
| 2016 | 1.7% | -35.7% |
| 2017 | 1.5% | -9.9% |
| 2018 | 0.2% | -88.7% |
| 2019 | 0.7% | +314.4% |
| 2020 | 1.7% | +134.8% |
| 2021 | 1.9% | +16.8% |
| 2022 | 2.4% | +24.9% |
| 2023 | 1.4% | -40.4% |
| 2024 | 2.3% | +56.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.9% | 1.3% | 9.8% | 10 |
| 2010s | 1.8% | 0.2% | 3.8% | 10 |
| 2020s | 1.9% | 1.4% | 2.4% | 5 |
Countries ranked near China
More economy & growth data for China
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.46 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.31 Percent per annum (2029)
- Gross capital formation (constant 2015 US$), annual growth rate 1.94 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.3775 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 5,232 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 0.3692 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 0.1689 current US$ per US$ of GDP (2025)
- Imports of goods and services (current US$), per capita 2,341 current US$ per person (2025)
- Imports of goods and services (current LCU), annual growth rate 0.2626 % change on previous year (2025)
- Imports of goods and services (current LCU), per unit of GDP 1.21 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is current account balance as a proportion of gdp in China?
- Current account balance as a proportion of gdp in China was 2.3% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest current account balance as a proportion of gdp recorded in China?
- The highest recorded value was 9.8% in 2007.
- What is the lowest current account balance as a proportion of gdp recorded in China?
- The lowest recorded value was 0.2% in 2018.
- How does China rank for current account balance as a proportion of gdp?
- China ranks 62nd out of 204 countries with data for 2024.
- Is current account balance as a proportion of gdp rising or falling in China?
- Over the last ten years it is up 2.3%. The long-run trend across the full record is volatile.
- Where does this China data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Current account balance as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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