China GDP Growth Rate  2010-2018 | Data | Chart | Calendar | Forecast

The Chinese economy grew by 1.8 percent quarter-on-quarter in the three months to June of 2018, compared to a 1.4 percent expansion in the previous period and beating market estimates of a 1.6 percent growth. It was the strongest quarterly expansion since the September quarter 2017. GDP Growth Rate in China averaged 1.81 percent from 2010 until 2018, reaching an all time high of 2.40 percent in the first quarter of 2011 and a record low of 1.30 percent in the first quarter of 2016.

China GDP Growth Rate
width
height
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.




China Economy Expands 1.8% QoQ in Q2


The Chinese economy grew by 1.8 percent quarter-on-quarter in the three months to June of 2018, compared to a 1.4 percent expansion in the previous period and beating market estimates of a 1.6 percent growth. It was the fastest quarterly expansion since the September quarter 2017.

Year-on-year, the economy advanced 6.7 percent year-on-year in the June quarter of 2018, after a 6.8 percent growth in the previous three quarters  and matching market expectations.  It was the weakest pace of expansion since the third quarter of 2016.

For 2018, the Chinese government targets growth at around 6.5 percent amid efforts to deleverage, contain debt and financial risks. 

In 2017, the economy expanded by 6.9 percent, beating the govermet target of around 6.5 percent and following a 26-year low of 6.7 percent in 2016.



National Bureau of Statistics l Rida | rida@tradingeconomics.com
7/16/2018 2:22:55 AM



Calendar GMT Actual Previous Consensus TEForecast
2018-01-18 07:00 AM GDP Growth Rate QoQ 1.6% 1.8% 1.6% 1.70%
2018-04-17 02:00 AM GDP Growth Rate QoQ 1.4% 1.6% 1.5% 1.5%
2018-07-16 02:00 AM GDP Growth Rate QoQ 1.8% 1.4% 1.6% 1.4%
2018-10-19 02:00 AM GDP Growth Rate QoQ 1.8% 1.5%


China GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.80 1.40 2.40 1.30 percent [+]
GDP Annual Growth Rate 6.70 6.80 15.40 3.80 percent [+]
GDP 12237.70 11190.99 12237.70 47.21 USD Billion [+]
Gross National Product 824828.40 742352.00 824828.40 679.00 CNY HML [+]
Gross Fixed Capital Formation 346440.80 318911.50 346440.80 80.70 CNY HML [+]
GDP per capita 7329.09 6894.50 7329.09 132.00 USD [+]
GDP per capita PPP 15308.71 14400.90 15308.71 1526.40 USD [+]
GDP Constant Prices 418961.00 198683.00 827122.00 5262.80 CNY HML [+]
GDP From Agriculture 22087.00 8904.00 65468.00 649.30 CNY HML [+]
GDP From Construction 9583.00 55689.00 55689.00 181.90 CNY HML [+]
GDP From Manufacturing 68117.00 279997.00 279997.00 2207.80 CNY HML [+]
GDP From Services 112428.00 427032.00 427032.00 2212.70 CNY HML [+]
GDP From Transport 8861.00 36803.00 36803.00 393.20 CNY HML [+]


China GDP Growth Rate

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. . This page provides - China GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. China GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on July of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
1.80 1.40 2.40 1.30 2010 - 2018 percent Quarterly




GDP growth rate by Country
Country Last
Turkey 2.00 Mar/18
United States 2.00 Mar/18
India 1.90 Mar/18
China 1.80 Jun/18
Mexico 1.10 Mar/18
Australia 1.00 Mar/18
South Korea 1.00 Mar/18
Russia 0.85 Mar/18
Spain 0.70 Mar/18
Netherlands 0.60 Mar/18
Switzerland 0.60 Mar/18
Brazil 0.40 Mar/18
Euro Area 0.40 Mar/18
Canada 0.30 Mar/18
Germany 0.30 Mar/18
Italy 0.30 Mar/18
France 0.20 Mar/18
United Kingdom 0.20 Mar/18
Japan -0.20 Mar/18
Indonesia -0.42 Mar/18


Related

Latest