Gross national expenditure (current US$) in China
China: Gross national expenditure (current US$) was 18.20 trillion current US$ in 2024. ◆ Volatile
Latest (2024)
18.20 trillion current US$
Change on year
up 1.8%
World rank
2nd
of 186 countries
All-time high
18.20 trillion current US$
in 2024
All-time low
47.59 billion current US$
in 1962
Years of data
65
1960–2024
Gross national expenditure in China, 1960–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
The most recent figure for gross national expenditure in China is 18.20 trillion current US$, measured in 2024. That is the highest value across all 65 years on record.
Compared with earlier readings it is up 1.8% on the previous year and up 73.6% over ten years.
Over the whole period, gross national expenditure in China peaked at 18.20 trillion current US$ in 2024 and was at its lowest, 47.59 billion current US$, in 1962.
That places China 2nd out of 186 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross national expenditure (current US$) in China, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 61.33 billion current US$ | — |
| 1961 | 51.85 billion current US$ | -15.4% |
| 1962 | 47.59 billion current US$ | -8.2% |
| 1963 | 52.30 billion current US$ | +9.9% |
| 1964 | 58.36 billion current US$ | +11.6% |
| 1965 | 66.17 billion current US$ | +13.4% |
| 1966 | 74.25 billion current US$ | +12.2% |
| 1967 | 69.40 billion current US$ | -6.5% |
| 1968 | 69.41 billion current US$ | +0.0% |
| 1969 | 75.24 billion current US$ | +8.4% |
| 1970 | 89.76 billion current US$ | +19.3% |
| 1971 | 96.81 billion current US$ | +7.9% |
| 1972 | 108.79 billion current US$ | +12.4% |
| 1973 | 133.79 billion current US$ | +23.0% |
| 1974 | 140.29 billion current US$ | +4.9% |
| 1975 | 158.83 billion current US$ | +13.2% |
| 1976 | 152.72 billion current US$ | -3.8% |
| 1977 | 170.19 billion current US$ | +11.4% |
| 1978 | 147.28 billion current US$ | -13.5% |
| 1979 | 177.14 billion current US$ | +20.3% |
| 1980 | 190.14 billion current US$ | +7.3% |
| 1981 | 194.97 billion current US$ | +2.5% |
| 1982 | 202.50 billion current US$ | +3.9% |
| 1983 | 229.69 billion current US$ | +13.4% |
| 1984 | 260.81 billion current US$ | +13.5% |
| 1985 | 322.86 billion current US$ | +23.8% |
| 1986 | 309.12 billion current US$ | -4.3% |
| 1987 | 273.74 billion current US$ | -11.4% |
| 1988 | 316.62 billion current US$ | +15.7% |
| 1989 | 353.57 billion current US$ | +11.7% |
| 1990 | 353.65 billion current US$ | +0.0% |
| 1991 | 375.01 billion current US$ | +6.0% |
| 1992 | 424.65 billion current US$ | +13.2% |
| 1993 | 455.21 billion current US$ | +7.2% |
| 1994 | 558.94 billion current US$ | +22.8% |
| 1995 | 725.72 billion current US$ | +29.8% |
| 1996 | 851.23 billion current US$ | +17.3% |
| 1997 | 925.07 billion current US$ | +8.7% |
| 1998 | 991.68 billion current US$ | +7.2% |
| 1999 | 1.07 trillion current US$ | +7.9% |
| 2000 | 1.19 trillion current US$ | +11.3% |
| 2001 | 1.32 trillion current US$ | +11.1% |
| 2002 | 1.45 trillion current US$ | +9.5% |
| 2003 | 1.65 trillion current US$ | +13.5% |
| 2004 | 1.93 trillion current US$ | +17.2% |
| 2005 | 2.20 trillion current US$ | +14.2% |
| 2006 | 2.59 trillion current US$ | +17.6% |
| 2007 | 3.30 trillion current US$ | +27.7% |
| 2008 | 4.30 trillion current US$ | +30.3% |
| 2009 | 4.96 trillion current US$ | +15.1% |
| 2010 | 5.92 trillion current US$ | +19.4% |
| 2011 | 7.44 trillion current US$ | +25.8% |
| 2012 | 8.45 trillion current US$ | +13.5% |
| 2013 | 9.55 trillion current US$ | +13.0% |
| 2014 | 10.48 trillion current US$ | +9.8% |
| 2015 | 10.95 trillion current US$ | +4.5% |
| 2016 | 11.19 trillion current US$ | +2.2% |
| 2017 | 12.29 trillion current US$ | +9.8% |
| 2018 | 14.02 trillion current US$ | +14.1% |
| 2019 | 14.44 trillion current US$ | +3.0% |
| 2020 | 14.75 trillion current US$ | +2.1% |
| 2021 | 17.73 trillion current US$ | +20.2% |
| 2022 | 17.73 trillion current US$ | +0.0% |
| 2023 | 17.88 trillion current US$ | +0.9% |
| 2024 | 18.20 trillion current US$ | +1.8% |
China compared with similar countries
- China's 18.20 trillion current US$ is above the median for upper middle income countries, which is 60.77 billion current US$, 299.4× the median. (52 countries reporting)
- China's 18.20 trillion current US$ is above the median for East Asia & Pacific, which is 24.74 billion current US$, 735.6× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 62.59 billion current US$ | 47.59 billion current US$ | 75.24 billion current US$ | 10 |
| 1970s | 137.56 billion current US$ | 89.76 billion current US$ | 177.14 billion current US$ | 10 |
| 1980s | 265.40 billion current US$ | 190.14 billion current US$ | 353.57 billion current US$ | 10 |
| 1990s | 673.16 billion current US$ | 353.65 billion current US$ | 1.07 trillion current US$ | 10 |
| 2000s | 2.49 trillion current US$ | 1.19 trillion current US$ | 4.96 trillion current US$ | 10 |
| 2010s | 10.47 trillion current US$ | 5.92 trillion current US$ | 14.44 trillion current US$ | 10 |
| 2020s | 17.26 trillion current US$ | 14.75 trillion current US$ | 18.20 trillion current US$ | 5 |
Countries ranked near China
- 1 United States 30.20 trillion current US$ compare
- 3 Germany 4.93 trillion current US$ compare
- 4 Japan 4.23 trillion current US$ compare
- 5 United Kingdom 4.06 trillion current US$ compare
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)
- SDRs holdings, US dollar, annual growth rate 5.95 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0029 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 39.69 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.8948 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0021 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 28.98 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 1.91 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
Frequently asked questions
- What is gross national expenditure in China?
- Gross national expenditure in China was 18.20 trillion current US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross national expenditure recorded in China?
- The highest recorded value was 18.20 trillion current US$ in 2024.
- What is the lowest gross national expenditure recorded in China?
- The lowest recorded value was 47.59 billion current US$ in 1962.
- How does China rank for gross national expenditure?
- China ranks 2nd out of 186 countries with data for 2024.
- Is gross national expenditure rising or falling in China?
- Over the last ten years it is up 73.6%. The long-run trend across the full record is volatile.
- Where does this China data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross national expenditure (current US$). Statizoid updates them automatically from the source API.
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About this data
Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross capital formation. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.