China | Economic Forecasts | 2014-2050 Outlook


Markets Actual Q2/15 Q3/15 2020 2030 2050
Currency 6.19 6.17 6.19 5.5 4 3.54 [+]
Government Bond 10Y 3.43 3.66 3.65 5 5 3.45 [+]
Stock Market 4393.68 4200 3800 5000 6000 8651 [+]
GDP Actual Q2/15 Q3/15 2020 2030 2050
GDP 9240.27 10354 10527 12040 16333 21702 [+]
GDP Growth Rate 1.30 1.4 1.37 1.82 1.56 1.94 [+]
GDP Annual Growth Rate 7.00 7.3 7.3 5 3 3.33 [+]
Gross National Product 566130.20 655484 665799 864553 1120886 1367962 [+]
GDP per capita 3583.38 3939 3997 5195 7301 10904 [+]
Gross Fixed Capital Formation 269075.40 323706 330534 465871 704858 1112527 [+]
GDP per capita PPP 11524.57 12665 12853 16665 23252 34146 [+]
Labour Actual Q2/15 Q3/15 2020 2030 2050
Unemployment Rate 4.10 4.06 4.04 4.1 4.1 4.09 [+]
Employed Persons 77253.00 77363 77402 78806 81409 86614 [+]
Unemployed Persons 952.00 951 951 978 1201 1401 [+]
Job Vacancies 5250000.00 5281318 5059386 4843752 4844657 4844650 [+]
Wages 52388.00 59396 60530 83972 123168 183894 [+]
Wages in Manufacturing 46431.00 53311 54441 77786 116049 174176 [+]
Labour Costs 105.70 106 105 107 108 112 [+]
Population 1367.82 1367 1369 1395 1410 1391 [+]
Retirement Age Women 50.00 50 50 53 55 57 [+]
Retirement Age Men 60.00 60 60 62 63 65 [+]
Minimum Wages 2020.00 1951 1979 2814 4212 4522 [+]
Prices Actual Q2/15 Q3/15 2020 2030 2050
Inflation Rate 1.40 0.9 0.95 2.33 2.23 3.24 [+]
Inflation Rate Mom -0.50 -0.85 -1.14 0.16 0.16 0.16 [+]
Consumer Price Index CPI 101.40 102 102 102 102 102 [+]
Core Inflation Rate 1.50 1.31 1.27 1.33 1.32 1.32 [+]
Core Consumer Prices 101.45 102 102 102 102 102 [+]
GDP Deflator 618.39 658 661 872 943 1007 [+]
Producer Prices 95.44 96.59 98.13 102 111 121 [+]
Producer Prices Change -4.60 -3.96 -4.6 0.23 0.07 0.32 [+]
Export Prices 96.70 96.37 95.38 93.69 93.69 93.69 [+]
Import Prices 90.70 93.29 97.91 100 100 100 [+]
Food Inflation 2.30 1.94 1.85 2.51 2.49 2.49 [+]
Money Actual Q2/15 Q3/15 2020 2030 2050
Interest Rate 5.35 5.35 5.35 5.5 5.8 6.35 [+]
Interbank Rate 4.00 4.2 4.15 7.05 5.72 3.69 [+]
Money Supply M0 6200.00 6248 6205 6090 6042 5950 [+]
Money Supply M1 33720.00 34808 34538 35068 29383 21194 [+]
Money Supply M2 127530.00 130274 132903 195538 302528 476079 [+]
Central Bank Balance Sheet 345410.82 349708 354346 436533 532055 606513 [+]
Foreign Exchange Reserves 3730000.00 3662179 3597848 3541909 3442842 3342842 [+]
Banks Balance Sheet 1180.00 997 927 920 920 920 [+]
Loans to Private Sector 856784.95 876949 903872 1518079 2257895 2908710 [+]
Loan Growth 13.30 13.45 13.43 8.9 5.96 6.96 [+]
Trade Actual Q2/15 Q3/15 2020 2030 2050
Balance of Trade 30.81 612 765 1173 1170 724 [+]
Exports 1445.69 2079 2147 3523 4023 4523 [+]
Imports 1414.87 1467 1382 2350 2853 3800 [+]
Current Account 670.21 731 812 798 793 793 [+]
Current Account to GDP 2.00 1.81 1.83 0.5 -0.5 0.5 [+]
External Debt 8955.00 9106 9166 9783 11098 14902 [+]
Terms of Trade 106.62 103 98.31 109 109 109 [+]
Foreign Direct Investment 348.80 583 842 1221 1421 1521 [+]
Capital Flows -304.95 135 296 1773 2773 2373 [+]
Tourist Arrivals 108.40 166 174 222 269 396 [+]
Gold Reserves 1054.09 1054 1054 1054 1054 1054 [+]
Crude Oil Production 4315.00 4228 4220 4183 4117 4175 [+]
Government Actual Q2/15 Q3/15 2020 2030 2050
Government Budget -2.10 -2.8 -2.7 -2.1 -2 -1.5 [+]
Government Debt to GDP 22.40 25.32 25.16 30.72 32.72 35.72 [+]
Government Budget Value -3259.00 -2069 -2456 -7131 -7130 -7130 [+]
Government Spending 151662.00 162985 165780 201266 311724 445304 [+]
Credit Rating 78.82 [+]
Government Revenues 140350.00 151042 153588 196235 230970 196493 [+]
Business Actual Q2/15 Q3/15 2020 2030 2050
Business Confidence 115.10 118 116 116 126 132 [+]
Manufacturing PMI 50.10 50.1 50.98 52.26 53.96 52.96 [+]
Services PMI 52.30 53.72 53.96 55.1 54.3 53.1 [+]
Industrial Production 5.60 7.57 5.53 5.29 4.29 3.29 [+]
Industrial Production Mom 0.25 0.72 0.67 0.2 0.19 0.19 [+]
Non Manufacturing PMI 53.70 52.67 52.63 51.81 53.43 53.43 [+]
New Orders 50.20 51.8 53.12 49.85 49.82 49.82 [+]
Changes in Inventories 11280.70 11631 11669 11501 11501 11501 [+]
Car Registrations 1870400.00 1707952 1701311 2296354 2496564 2656564 [+]
Corporate Profits 745240.00 3181014 5078512 76690 85690 100690 [+]
Leading Economic Index 98.85 99.04 98.9 98.96 98.96 98.96 [+]
Manufacturing Production 6.70 [+]
Total Vehicle Sales 2240600.00 2292129 1956492 2947118 3927714 4287133 [+]
Consumer Actual Q2/15 Q3/15 2020 2030 2050
Consumer Confidence 107.10 107 107 109 116 113 [+]
Retail Sales MoM 0.71 1.15 1.14 1.09 1.09 1.09 [+]
Retail Sales YoY 10.20 10.53 10.34 8.48 7.46 6.85 [+]
Consumer Spending 212187.50 254401 259546 361179 524566 759411 [+]
Disposable Personal Income 28844.00 29781 30244 39318 53524 72926 [+]
Personal Savings 0.35 0.35 0.35 2.35 3.35 3.55 [+]
Bank Lending Rate 5.35 5.35 5.34 3.56 3.24 2.54 [+]
Consumer Credit 158136.31 162917 168086 260150 386747 521428 [+]
Housing Actual Q2/15 Q3/15 2020 2030 2050
Housing Index -6.10 -5.9 -1.73 2.33 3.21 2.83 [+]
Taxes Actual Q2/15 Q3/15 2020 2030 2050
Corporate Tax Rate 25.00 25 25 24.98 24.98 24.98 [+]
Personal Income Tax Rate 45.00 45 45 45 45 45 [+]
Sales Tax Rate 17.00 17 17 17 17 17 [+]
Social Security Rate 48.00 48 48 48 48 48 [+]
Social Security Rate For Companies 37.00 37 37 37 37 37 [+]
Social Security Rate For Employees 11.00 11 11 11 11 11 [+]