Inflation, GDP deflator in China
China: Inflation, GDP deflator was -0.9% in 2025. ◆ Volatile
Inflation, GDP deflator in China, 1961–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual %.
Analysis
In 2025, inflation, gdp deflator in China stood at -0.9%.
Compared with earlier readings it is down 20.7% on the previous year and down 785.2% over ten years.
Over the whole period, inflation, gdp deflator in China peaked at 20.6% in 1994 and was at its lowest, -3.8%, in 1969.
That places China 195th out of 212 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Inflation, GDP deflator in China, year by year
| Year | annual % | Change |
|---|---|---|
| 1961 | 15.2% | — |
| 1962 | -0.1% | -100.7% |
| 1963 | -2.6% | +2270.8% |
| 1964 | -0.4% | -85.6% |
| 1965 | 0.9% | -327.5% |
| 1966 | -1.6% | -282.0% |
| 1967 | 0.8% | -152.0% |
| 1968 | 1.4% | +68.2% |
| 1969 | -3.8% | -376.7% |
| 1970 | -2.6% | -30.8% |
| 1971 | 0.7% | -125.2% |
| 1972 | 0.1% | -88.5% |
| 1973 | 0.2% | +172.7% |
| 1974 | 0.3% | +33.6% |
| 1975 | -1.1% | -508.5% |
| 1976 | -0.1% | -91.4% |
| 1977 | 1.1% | -1227.2% |
| 1978 | 1.7% | +53.2% |
| 1979 | 3.6% | +114.8% |
| 1980 | 3.8% | +4.5% |
| 1981 | 2.4% | -37.2% |
| 1982 | -0.1% | -105.8% |
| 1983 | 1.2% | -951.2% |
| 1984 | 4.9% | +327.2% |
| 1985 | 10.2% | +106.5% |
| 1986 | 4.7% | -54.2% |
| 1987 | 5.1% | +8.7% |
| 1988 | 12.1% | +138.4% |
| 1989 | 8.6% | -28.9% |
| 1990 | 5.7% | -33.4% |
| 1991 | 6.7% | +17.2% |
| 1992 | 8.2% | +22.2% |
| 1993 | 15.2% | +85.2% |
| 1994 | 20.6% | +35.8% |
| 1995 | 13.7% | -33.8% |
| 1996 | 6.5% | -52.3% |
| 1997 | 1.6% | -74.7% |
| 1998 | -0.8% | -150.3% |
| 1999 | -1.2% | +47.6% |
| 2000 | 2.1% | -272.6% |
| 2001 | 2.2% | +4.2% |
| 2002 | 0.6% | -70.5% |
| 2003 | 2.6% | +307.5% |
| 2004 | 7.0% | +163.8% |
| 2005 | 3.8% | -46.2% |
| 2006 | 4.0% | +7.1% |
| 2007 | 7.9% | +96.9% |
| 2008 | 7.9% | -0.7% |
| 2009 | -0.1% | -101.1% |
| 2010 | 6.9% | -8249.4% |
| 2011 | 8.0% | +15.6% |
| 2012 | 2.4% | -70.0% |
| 2013 | 2.3% | -4.4% |
| 2014 | 1.1% | -52.5% |
| 2015 | 0.1% | -87.7% |
| 2016 | 1.5% | +999.0% |
| 2017 | 4.1% | +180.3% |
| 2018 | 3.5% | -16.4% |
| 2019 | 1.3% | -62.0% |
| 2020 | 0.5% | -59.7% |
| 2021 | 4.5% | +743.0% |
| 2022 | 1.9% | -56.8% |
| 2023 | -0.5% | -126.2% |
| 2024 | -0.8% | +50.8% |
| 2025 | -0.9% | +20.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.1% | -3.8% | 15.2% | 9 |
| 1970s | 0.4% | -2.6% | 3.6% | 10 |
| 1980s | 5.3% | -0.1% | 12.1% | 10 |
| 1990s | 7.6% | -1.2% | 20.6% | 10 |
| 2000s | 3.8% | -0.1% | 7.9% | 10 |
| 2010s | 3.1% | 0.1% | 8.0% | 10 |
| 2020s | 0.8% | -0.9% | 4.5% | 6 |
Countries ranked near China
- 192 Eswatini -0.4% compare
- 193 Costa Rica -0.5% compare
- 194 Thailand -0.9% compare
- 196 Mozambique -1.0% compare
- 197 Equatorial Guinea -1.4% compare
- 198 Niger -1.6% 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)
- GNI, Atlas method (current US$), annual growth rate 4 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 1.03 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 14,230 current US$ per person (2025)
- GNI (current US$), annual growth rate 4.21 % change on previous year (2025)
- GNI (current US$), per unit of GDP 0.9942 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 13,781 current US$ per person (2025)
- GNI (current LCU), annual growth rate 4.1 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 7.15 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is inflation, gdp deflator in China?
- Inflation, gdp deflator in China was -0.9% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest inflation, gdp deflator recorded in China?
- The highest recorded value was 20.6% in 1994.
- What is the lowest inflation, gdp deflator recorded in China?
- The lowest recorded value was -3.8% in 1969.
- How does China rank for inflation, gdp deflator?
- China ranks 195th out of 212 countries with data for 2025.
- Is inflation, gdp deflator rising or falling in China?
- Over the last ten years it is down 785.2%. 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 Offices (NSOs), published as part of Inflation, GDP deflator (annual %). Statizoid updates them automatically from the source API.
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About this data
Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.