Global Macro Expert
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Macro

China

East Asia & Pacific · Upper middle income · IMF WEO April 2026 · World Bank WDI

GDP▲ 3.6%
Current prices2025
19,626USD bn
GDP per capita▲ 3.8%
Current prices2025
13,968USD
Real GDP growth■ 0.0 pp
Annual change2025
5.0%
Inflation▼ 0.2 pp
Average consumer prices2025
0.0%
Unemployment■ 0.0 pp
Rate2025
5.1%
Government debt▲ 8.8 pp
General government, gross2025
99.2% of GDP
Current account▲ 1.5 pp
Balance2025
3.7% of GDP
Population▼ 0.2%
Total2025
1,405.08million

Real GDP growth, %

Since 1995 · lighter bars = IMF projection
0.014.21995: 11.0%1996: 10.0%1997: 9.3%1998: 7.9%1999: 7.8%2000: 8.6%2001: 8.3%2002: 9.2%2003: 10.1%2004: 10.1%2005: 11.4%2006: 12.7%2007: 14.2%2008: 9.6%2009: 9.4%2010: 10.6%2011: 9.5%2012: 7.8%2013: 7.8%2014: 7.5%2015: 7.0%2016: 6.8%2017: 6.9%2018: 6.8%2019: 6.1%2020: 2.3%2021: 8.6%2022: 3.1%2023: 5.4%2024: 5.0%2025: 5.0%2026: 4.4% (IMF projection)2027: 4.0% (IMF projection)2028: 4.0% (IMF projection)2029: 3.7% (IMF projection)2030: 3.3% (IMF projection)2031: 3.3% (IMF projection)IMF projection19952000200520102015202020252030

Inflation, %

Average consumer prices · lighter bars = IMF projection
-1.40.016.81995: 16.8%1996: 8.3%1997: 2.8%1998: -0.8%1999: -1.4%2000: 0.4%2001: 0.7%2002: -0.8%2003: 1.2%2004: 3.9%2005: 1.8%2006: 1.5%2007: 4.8%2008: 5.8%2009: -0.7%2010: 3.3%2011: 5.4%2012: 2.6%2013: 2.6%2014: 2.0%2015: 1.4%2016: 2.0%2017: 1.6%2018: 2.1%2019: 2.9%2020: 2.5%2021: 0.9%2022: 2.0%2023: 0.2%2024: 0.2%2025: 0.0%2026: 1.2% (IMF projection)2027: 1.5% (IMF projection)2028: 1.8% (IMF projection)2029: 1.9% (IMF projection)2030: 2.0% (IMF projection)2031: 2.0% (IMF projection)IMF projection19952000200520102015202020252030

IMF outlook

IMF World Economic Outlook April 2026 · italics = IMF projection
Indicator2021202220232024202520262027202820292030
Real GDP growth %8.63.15.45.05.04.44.04.03.73.3
Inflation, average consumer prices %0.92.00.20.20.01.21.51.81.92.0
Unemployment rate %5.15.65.25.15.15.15.15.15.15.1
GDP, current prices USD bn18,18418,33818,36718,94519,62620,85221,92923,26024,66326,047
GDP per capita, current prices USD12,87212,98913,02913,45313,96814,87415,67816,67117,72518,775
GDP per capita, PPP Int. USD20,82723,01725,18927,13229,35231,59633,66935,68137,75039,848
General government gross debt % of GDP72.177.384.190.499.2106.9112.5116.7120.3123.8
General government net lending/borrowing % of GDP-5.9-7.3-6.7-7.1-7.9-8.2-8.4-8.2-8.0-8.0
Current account balance % of GDP1.92.41.42.23.73.53.33.02.92.9
Population million1,412.601,411.751,409.671,408.281,405.081,401.921,398.711,395.201,391.371,387.28

Government debt, % of GDP

General government gross debt
0.01272000: 23%2001: 24%2002: 26%2003: 26%2004: 26%2005: 26%2006: 25%2007: 29%2008: 27%2009: 34%2010: 33%2011: 33%2012: 34%2013: 36%2014: 39%2015: 41%2016: 50%2017: 54%2018: 56%2019: 60%2020: 70%2021: 72%2022: 77%2023: 84%2024: 90%2025: 99%2026: 107% (IMF projection)2027: 112% (IMF projection)2028: 117% (IMF projection)2029: 120% (IMF projection)2030: 124% (IMF projection)2031: 127% (IMF projection)IMF projection2000200520102015202020252030

Current account, % of GDP

Balance of payments
0.09.82000: 1.7%2001: 1.3%2002: 2.4%2003: 2.6%2004: 3.5%2005: 5.7%2006: 8.3%2007: 9.8%2008: 9.0%2009: 4.7%2010: 3.9%2011: 1.8%2012: 2.5%2013: 1.5%2014: 2.2%2015: 2.6%2016: 1.7%2017: 1.5%2018: 0.2%2019: 0.7%2020: 1.6%2021: 1.9%2022: 2.4%2023: 1.4%2024: 2.2%2025: 3.7%2026: 3.5% (IMF projection)2027: 3.3% (IMF projection)2028: 3.0% (IMF projection)2029: 2.9% (IMF projection)2030: 2.9% (IMF projection)2031: 2.8% (IMF projection)IMF projection2000200520102015202020252030

Economic structure

Value added by sector, % of GDP · World Bank
AgricultureManufacturingOther industryServices
YearStructureAgricultureIndustryManufacturingServices
199519.546.5–34.0
200511.546.431.742.1
20158.240.028.451.7
20256.735.624.757.7

Income, trade and society

World Bank WDI · change over 10 years
IndicatorLatestUnitYear10Y change
GNI per capita, Atlas method14,230USD2025+77.0%
GNI, Atlas method20,016USD bn2025+80.5%
Exports of goods and services21.1% of GDP2025+0.1 pp
Imports of goods and services16.9% of GDP2025-0.9 pp
Life expectancy at birth78.0years2024+1.7%
Urban population66.3% of total2025+9.0 pp

China on the platform

Market data for this country

Sources: IMF World Economic Outlook (April 2026; 2026 onwards are IMF projections) · World Bank World Development Indicators (CC BY 4.0)