China | Economic Forecasts | 2014-2050 Outlook


Markets Actual Q2/15 Q3/15 2020 2030 2050
Currency 6.19 6.2 6.2 5.5 4 3.54 [+]
Government Bond 10Y 3.44 3.41 3.38 5 5 3.39 [+]
Stock Market 4910.90 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 1.35 1.6 1.4 [+]
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 4.09 4.07 4.1 4.1 4.1 [+]
Employed Persons 1.10 0.88 0.66 55558 29408 0.22 [+]
Unemployed Persons 952.00 951 951 964 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 2020 2020 2814 4212 6522 [+]
Prices Actual Q2/15 Q3/15 2020 2030 2050
Inflation Rate 1.50 1.7 1.7 2.33 2.23 3.24 [+]
Inflation Rate Mom -0.20 0.4 0.4 0.19 0.19 0.19 [+]
Consumer Price Index CPI 101.50 102 102 102 102 102 [+]
Core Inflation Rate 1.50 1.37 1.34 1.36 1.36 1.36 [+]
Core Consumer Prices 101.46 101 101 101 101 101 [+]
GDP Deflator 618.39 658 661 872 943 1007 [+]
Producer Prices 95.43 95.84 97.21 102 111 121 [+]
Producer Prices Change -4.60 -3.96 -3.7 0.22 1.03 0.88 [+]
Export Prices 40.30 -9.56 -21.47 11.02 11.05 11.05 [+]
Import Prices 89.50 92.27 96.88 99.91 99.87 99.87 [+]
Food Inflation 2.70 1.94 1.85 2.51 2.49 2.49 [+]
Money Actual Q2/15 Q3/15 2020 2030 2050
Interest Rate 5.10 5.1 5.1 5.15 5.55 6.3 [+]
Interbank Rate 3.02 3.25 3.15 4.31 4.1 3.68 [+]
Money Supply M0 6080.00 6211 6176 6071 6029 5949 [+]
Money Supply M1 33640.00 34623 34294 35327 35177 34725 [+]
Money Supply M2 128080.00 129941 132561 193746 297254 462057 [+]
Central Bank Balance Sheet 342225.55 349708 354346 436533 532055 606513 [+]
Foreign Exchange Reserves 3730000.00 3662179 3597848 3541909 3442842 3342842 [+]
Banks Balance Sheet 707.90 997 927 845 845 845 [+]
Loans to Private Sector 863876.76 879736 906360 1436207 1989117 2354440 [+]
Loan Growth 13.40 13.53 13.54 8.9 5.96 6.96 [+]
Cash Reserve Ratio 18.50 18.18 17.7 14.97 13.6 13.25 [+]
Trade Actual Q2/15 Q3/15 2020 2030 2050
Balance of Trade 341.34 612 765 1173 1170 724 [+]
Exports 1763.31 2079 2147 3523 4023 4523 [+]
Imports 1421.96 1467 1382 2350 2853 3800 [+]
Current Account 789.00 775 886 871 867 867 [+]
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 111.40 106 101 110 110 110 [+]
Foreign Direct Investment 444.90 593 836 1221 1421 1521 [+]
Capital Flows -789.00 -321 296 1773 2773 2373 [+]
Tourist Arrivals 185.60 166 173 222 269 396 [+]
Gold Reserves 1054.09 1054 1054 1054 1054 1054 [+]
Crude Oil Production 4253.00 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 967.00 -1741 -2273 -6924 -6923 -6923 [+]
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 120.60 118 116 116 126 132 [+]
Manufacturing PMI 50.10 50.1 50.98 52.26 53.96 52.96 [+]
Services PMI 52.90 53.72 53.96 55.1 54.3 53.1 [+]
Industrial Production 5.90 7.57 5.13 5.29 4.29 3.29 [+]
Industrial Production Mom 0.57 0.72 0.67 0.33 0.33 0.33 [+]
Non Manufacturing PMI 53.40 52.67 52.63 51.81 53.4 53.4 [+]
New Orders 50.20 51.45 52.86 48.34 48.27 48.26 [+]
Changes in Inventories 11280.70 11631 11669 11501 11501 11501 [+]
Car Registrations 1668824.00 1753192 1714133 2296354 2496564 2656564 [+]
Corporate Profits 1254320.00 2751840 4007817 76690 85690 100690 [+]
Leading Economic Index 98.32 98.27 98.29 98.32 98.32 98.32 [+]
Manufacturing Production 6.50 [+]
Total Vehicle Sales 1994500.00 2292129 1956492 2947118 3927714 4287133 [+]
Consumer Actual Q2/15 Q3/15 2020 2030 2050
Consumer Confidence 346.90 196 102 109 116 113 [+]
Retail Sales MoM 0.74 1.15 1.14 1.01 1.01 1.01 [+]
Retail Sales YoY 10.00 10.53 10.21 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 5.37 5.37 3.56 3.24 2.54 [+]
Consumer Credit 160762.31 164071 170062 278266 435339 620528 [+]
Gasoline Prices 1.02 1.06 1.12 1.07 0.92 0.78 [+]
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 [+]