China

GDP growth, year over year

GDP growth tracks how quickly inflation-adjusted output is expanding or contracting. It is the headline pace measure for business cycles, slowdowns, recoveries, and recessions.

GDP Growth Rate - China

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The reading right now

As of January 2024, GDP growth, year over year for China stood at 4.98%. That is down 0.44 percentage points from the prior year. Over the trailing five years, the series has averaged 5.08%, ranging from a low of 2.34% in January 2020 to a high of 8.57% in January 2021. The current reading sits 0.97 percentage points below its trailing ten-year mean of 5.94%.

Computed from the observation series on this page. Numbers update when the underlying provider revises the data.