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China GDP Growth Rate

Last Release
Mar 31, 2022
Actual
1.3
Forecast
N/A
Previous
1.5
Frequency
Quarterly
Units In
%
Next Release
Jul 15, 2022
Time to Release
1 Months 20 Days 7 Hours
Highest
Lowest
Average
Date Range
Source
11.6
Jun 2020
-10.5
Mar 2020
1.69 %2010-2022National Bureau of Statistics of China
In China, the growth rate in GDP measures the change in the seasonally adjusted value of the goods and services produced by the Chinese economy during the quarter. As China’s traditional growth engines of manufacturing and construction are slowing down, services have emerged as the new driver. In the last few quarters strength in services and consumption helped to offset weaker manufacturing and exports. .

Latest Updates

The Chinese economy grew by a seasonally adjusted 1.3 percent on quarter in the three months to March 2022, surpassing market estimates of 0.6 percent and following a marginally revised 1.5 percent advance in the previous quarter. China's statistics agency said in an online statement that the economy continued its recovery despite multiple headwinds at home and abroad, adding that overall activities were within a reasonable range. So far this year, Beijing has launched more fiscal stimulus, including stepping up local bond issuance to fund infrastructure projects while slashing taxes for businesses. Meantime, the PBoC last week said it would cut bank's reserve requirement ratio for the first time this year, releasing about CNY 530 billion in long-term liquidity to spur the economy.

China GDP Growth Rate History

Last 12 readings

China GDP Indicators

All China indicators
Indicator
Last
Previous
Min
Max
Unit
Frequency
Range
GDP
14,722.73
Dec 2020
14,279.94
Dec 2019
47.21
Dec 1962
14,722.73
Dec 2020
USD BillionYearly1960-2020
GDP Annual Growth Rate
4.8
Mar 2022
4
Dec 2021
-6.8
Mar 2020
18.3
Mar 2021
%Quarterly1989-2022
GDP From Agriculture
10,953.8
Mar 2022
83,085.5
Dec 2021
649.3
Mar 1992
83,085.5
Dec 2021
CNY HMLQuarterly1992-2022
GDP From Construction
13,029
Mar 2022
80,138.5
Dec 2021
181.9
Mar 1992
80,138.5
Dec 2021
CNY HMLQuarterly1992-2022
GDP From Manufacturing
93,551.5
Mar 2022
372,575.3
Dec 2021
2,207.8
Mar 1992
372,575.3
Dec 2021
CNY HMLQuarterly1992-2022
GDP From Services
153,037.4
Mar 2022
609,679.7
Dec 2021
2,212.7
Mar 1992
609,679.7
Dec 2021
CNY HMLQuarterly1992-2022
GDP From Transport
10,430.3
Mar 2022
47,061.2
Dec 2021
393.2
Mar 1992
47,061.2
Dec 2021
CNY HMLQuarterly1992-2022
GDP Growth Rate
1.3
Mar 2022
1.5
Dec 2021
-10.5
Mar 2020
11.6
Jun 2020
%Quarterly2010-2022
GDP per capita
10,430.73
Dec 2020
10,228.29
Dec 2019
163.91
Dec 1962
10,430.73
Dec 2020
USDYearly1960-2020
GDP per capita PPP
16,410.8
Dec 2020
16,092.3
Dec 2019
1,423.9
Dec 1990
16,410.8
Dec 2020
USDYearly1990-2020
Gdp Constant Prices
256,322.1
Mar 2022
1,095,771.2
Dec 2021
53,480.3
Mar 2007
1,095,771.2
Dec 2021
CNY HMLQuarterly2007-2022
Gross Fixed Capital Formation
435,682.6
Dec 2020
422,018.8
Dec 2019
80.7
Dec 1952
435,682.6
Dec 2020
CNY HMLYearly1952-2020
Gross National Product
1,133,518
Dec 2021
1,009,151
Dec 2020
679.1
Dec 1952
1,133,518
Dec 2021
CNY HMLYearly1952-2021

GDP Growth Rate across Asia

GDP Growth Rate global view
Country
Last
Previous
Min
Max
Unit
Frequency
Range
Bangladesh
5.47
Dec 2021
3.51
Dec 2020
3.51
Dec 2020
8.15
Dec 2019
% Yearly1994-2021
China
1.3
Mar 2022
1.5
Dec 2021
-10.5
Mar 2020
11.6
Jun 2020
% Quarterly2010-2022
Hong Kong
-3
Mar 2022
0.2
Dec 2021
-5.1
Mar 2020
6.1
Sep 2003
% Quarterly1990-2022
India
1.84
Dec 2021
12.7
Sep 2021
-25.3
Jun 2020
24.1
Sep 2020
% Quarterly1996-2021
Indonesia
-0.96
Mar 2022
1.06
Dec 2021
-4.19
Jun 2020
5.05
Sep 2020
% Quarterly2005-2022
Japan
-0.2
Mar 2022
1.1
Dec 2021
-7.9
Jun 2020
5.4
Sep 2020
% Quarterly1980-2022
Malaysia
3.9
Mar 2022
6.6
Dec 2021
-16.1
Jun 2020
17.3
Sep 2020
% Quarterly2000-2022
Mongolia
6.1
Mar 2018
5.1
Dec 2017
-9.3
Dec 1992
17.5
Dec 2011
% Quarterly1991-2018
Philippines
1.9
Mar 2022
3.1
Dec 2021
-15.3
Jun 2020
7.9
Sep 2020
% Quarterly1998-2022
Singapore
0.4
Mar 2022
2.3
Dec 2021
-13.2
Jun 2020
9
Sep 2020
% Quarterly1975-2022
South Korea
0.7
Mar 2022
1.2
Dec 2021
-7
Mar 1998
7.8
Dec 1970
% Quarterly1960-2022
Taiwan
1.56
Mar 2022
1.85
Dec 2021
-4.48
Sep 2008
8.42
Dec 2009
% Quarterly1981-2022
Thailand
1.1
Mar 2022
1.8
Dec 2021
-9.4
Jun 2020
9.4
Mar 2012
% Quarterly1993-2022
Vietnam
6.88
Sep 2018
6.73
Jun 2018
3.14
Mar 2009
8.46
Dec 2007
% Quarterly2000-2018

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