Current account balance as a share of GDP in China
China: Current account balance as a share of GDP was 2.3% in 2024. ◆ Volatile
Current account balance as a share of GDP in China, 2000–2024
Source: International Monetary Fund – processed by Our World in Data. Measured in %.
Analysis
In 2024, current account balance as a share of gdp in China stood at 2.3%.
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 share of gdp in China peaked at 9.8% in 2007 and was at its lowest, 0.2%, in 2018.
China ranks 59th of 193 countries on this measure, 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 share of GDP in China, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 1.7% | — |
| 2001 | 1.3% | -23.8% |
| 2002 | 2.4% | +85.9% |
| 2003 | 2.6% | +7.6% |
| 2004 | 3.5% | +35.5% |
| 2005 | 5.7% | +64.6% |
| 2006 | 8.3% | +45.5% |
| 2007 | 9.8% | +17.9% |
| 2008 | 9.0% | -8.1% |
| 2009 | 4.7% | -47.9% |
| 2010 | 3.8% | -18.1% |
| 2011 | 1.8% | -53.9% |
| 2012 | 2.5% | +40.1% |
| 2013 | 1.5% | -38.7% |
| 2014 | 2.2% | +45.4% |
| 2015 | 2.6% | +17.6% |
| 2016 | 1.7% | -35.8% |
| 2017 | 1.5% | -10.2% |
| 2018 | 0.2% | -88.7% |
| 2019 | 0.7% | +317.6% |
| 2020 | 1.7% | +133.8% |
| 2021 | 1.9% | +16.9% |
| 2022 | 2.4% | +24.7% |
| 2023 | 1.4% | -40.5% |
| 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)
- GDP (current US$), annual growth rate 4.1 % change on previous year (2025)
- GDP (current US$), per capita 13,862 current US$ per person (2025)
- GDP (current LCU), annual growth rate 3.99 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 7.19 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 99,666 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 4.96 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.995 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 13,793 constant 2015 US$ per person (2025)
Frequently asked questions
- What is current account balance as a share of gdp in China?
- Current account balance as a share of gdp in China was 2.3% in 2024, according to International Monetary Fund – processed by Our World in Data.
- What is the highest current account balance as a share of gdp recorded in China?
- The highest recorded value was 9.8% in 2007.
- What is the lowest current account balance as a share of gdp recorded in China?
- The lowest recorded value was 0.2% in 2018.
- How does China rank for current account balance as a share of gdp?
- China ranks 59th out of 193 countries with data for 2024.
- Is current account balance as a share 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 International Monetary Fund – processed by Our World in Data, published as part of Current account balance as a share of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Current account balance as a proportion of GDP (%).