Gross domestic product (GDP), Constant prices, Purchasing power in China
China: Gross domestic product (GDP), Constant prices, Purchasing power was 3.62 in 2031. ▼ Falling
Gross domestic product (GDP), Constant prices, Purchasing power in China, 1990–2031
Source: International Monetary Fund.
Analysis
In 2031, gross domestic product (gdp), constant prices, purchasing power in China stood at 3.62.
Compared with earlier readings it is down 1.0% on the previous year and down 57.5% over ten years.
Over the whole period, gross domestic product (gdp), constant prices, purchasing power in China peaked at 13.57 in 2007 and was at its lowest, 2.19, in 2020.
That places China 11th out of 37 countries with data for 2031, putting it in the middle of the range.
The long-run direction has been consistently falling across the 42 years of available data.
Gross domestic product (GDP), Constant prices, Purchasing power in China, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | 2.41 | — |
| 1991 | 8.79 | +264.8% |
| 1992 | 12.96 | +47.5% |
| 1993 | 12.64 | -2.5% |
| 1994 | 11.84 | -6.3% |
| 1995 | 9.85 | -16.8% |
| 1996 | 8.83 | -10.4% |
| 1997 | 8.22 | -6.8% |
| 1998 | 6.95 | -15.5% |
| 1999 | 6.88 | -1.0% |
| 2000 | 7.75 | +12.7% |
| 2001 | 7.57 | -2.4% |
| 2002 | 8.51 | +12.5% |
| 2003 | 9.46 | +11.2% |
| 2004 | 9.47 | +0.1% |
| 2005 | 10.78 | +13.9% |
| 2006 | 12.07 | +12.0% |
| 2007 | 13.57 | +12.4% |
| 2008 | 9.08 | -33.0% |
| 2009 | 8.91 | -1.9% |
| 2010 | 10.06 | +12.8% |
| 2011 | 8.78 | -12.7% |
| 2012 | 7.05 | -19.7% |
| 2013 | 7.14 | +1.2% |
| 2014 | 6.77 | -5.1% |
| 2015 | 6.49 | -4.1% |
| 2016 | 6.08 | -6.3% |
| 2017 | 6.3 | +3.5% |
| 2018 | 6.36 | +0.9% |
| 2019 | 5.71 | -10.1% |
| 2020 | 2.19 | -61.7% |
| 2021 | 8.52 | +289.2% |
| 2022 | 3.17 | -62.7% |
| 2023 | 5.53 | +74.3% |
| 2024 | 5.11 | -7.7% |
| 2025 | 5.2 | +1.8% |
| 2026 | 4.65 | -10.6% |
| 2027 | 4.27 | -8.1% |
| 2028 | 4.26 | -0.2% |
| 2029 | 3.95 | -7.3% |
| 2030 | 3.65 | -7.5% |
| 2031 | 3.62 | -1.0% |
China compared with similar countries
- China's 3.62 is above the median for upper middle income countries, which is 2.77, 1.3× the median. (15 countries reporting)
- China's 3.62 is above the median for East Asia & Pacific, which is 1.7, 2.1× the median. (30 countries reporting)
Biggest year-on-year movements
Years where Gross domestic product (GDP), Constant prices, Purchasing power in China changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | +289.2% | 2.19 | 8.52 |
| 1991 | +264.8% | 2.41 | 8.79 |
| 2023 | +74.3% | 3.17 | 5.53 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8.94 | 2.41 | 12.96 | 10 |
| 2000s | 9.72 | 7.57 | 13.57 | 10 |
| 2010s | 7.07 | 5.71 | 10.06 | 10 |
| 2020s | 4.69 | 2.19 | 8.52 | 10 |
| 2030s | 3.64 | 3.62 | 3.65 | 2 |
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 157.21 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0081 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 111.77 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 79.98 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 87.54 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0041 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 56.86 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 8.47 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp), constant prices, purchasing power in China?
- Gross domestic product (gdp), constant prices, purchasing power in China was 3.62 in 2031, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), constant prices, purchasing power recorded in China?
- The highest recorded value was 13.57 in 2007.
- What is the lowest gross domestic product (gdp), constant prices, purchasing power recorded in China?
- The lowest recorded value was 2.19 in 2020.
- How does China rank for gross domestic product (gdp), constant prices, purchasing power?
- China ranks 11th out of 37 countries with data for 2031.
- Is gross domestic product (gdp), constant prices, purchasing power rising or falling in China?
- Over the last ten years it is down 57.5%. The long-run trend across the full record is falling.
- Where does this China data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) per capita percent change (National Accounts Statistics (SNA)). Statizoid updates them automatically from the source API.
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About this data
APD Regional Economic Outlook (REO) provides information on recent economic developments and prospects for countries in Asia and the Pacific. Data for the REO for Asia and Pacific is prepared in conjunction with the semi-annual World Economic Outlook (WEO) exercises, spring and fall. Data are consistent with the projections underlying the WEO. REO aggregate data may differ from WEO aggregates due to differences in group membership. Composite data for country groups are weighted averages of data for individual countries. Arithmetic weighted averages are used for all concepts except for inflation and broad money, for which geometric averages are used. PPP GDP weights from the WEO database are used for the aggregation of real GDP growth, real non-oil GDP growth, real per capita GDP growth, investment, national savings, broad money, claims on the nonfinancial private sector, and real and nominal effective exchange rates. Aggregates for other concepts are weighted by GDP in U.S. dollars at market exchange rates.