Gross national expenditure in China (People’s Republic of)
China (People’s Republic of): Gross national expenditure was 18.20 trillion current US$ in 2024. ◆ Volatile
Gross national expenditure in China (People’s Republic of), 1960–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
The most recent figure for gross national expenditure in China (People’s Republic of) is 18.20 trillion current US$, 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 (People’s Republic of) peaked at 18.20 trillion current US$ in 2024 and was at its lowest, 47.59 billion current US$, in 1962.
That places China (People’s Republic of) 2nd out of 185 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 62.59 billion current US$ | 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 (People’s Republic of)
- 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 (People’s Republic of)
- External balance on goods and services as a percent of gdp 4.19 (2025)
- Inflation of consumer prices 0.0596 (2025)
- Gdp per capita worldbank constant usd 13,793 (2025)
- Manufacturing value added to gdp 24.73 (2025)
- Gdp worldbank constant usd 19.40 trillion (2025)
- Gdp per capita in international and market dollars 13,793 (2025)
- DEC alternative conversion factor 7.19 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 157.71 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 21.94 billion current US$ (2025)
- Net primary income (Net income from abroad) -817.92 billion current LCU (2025)
Frequently asked questions
- What is gross national expenditure in China (People’s Republic of)?
- Gross national expenditure in China (People’s Republic of) 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 (People’s Republic of)?
- The highest recorded value was 18.20 trillion current US$ in 2024.
- What is the lowest gross national expenditure recorded in China (People’s Republic of)?
- The lowest recorded value was 47.59 billion current US$ in 1962.
- How does China (People’s Republic of) rank for gross national expenditure?
- China (People’s Republic of) ranks 2nd out of 185 countries with data for 2024.
- Is gross national expenditure rising or falling in China (People’s Republic of)?
- Over the last ten years it is up 73.6%. The long-run trend across the full record is volatile.
- Where does this China (People’s Republic of) 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.