China GDP Annual Growth Rate  1989-2016 | Data | Chart | Calendar

The Chinese economy grew an annual 6.8 percent in the fourth quarter of 2015, slightly down from 6.9 percent in the previous quarter and the weakest since the first quarter of 2009. The figure was in line with market expectations as strength in services and consumption offset weaker manufacturing and exports. For full year of 2015, GDP expanded by 6.9 percent, lower than 7.3 percent in 2014 and the weakest growth in 25 years. The government targeted the economy to expand at around 7.0 percent for the year. GDP Annual Growth Rate in China averaged 9.88 percent from 1989 until 2015, reaching an all time high of 15.40 percent in the first quarter of 1993 and a record low of 3.80 percent in the fourth quarter of 1990. GDP Annual Growth Rate in China is reported by the National Bureau of Statistics of China.

China GDP Annual Growth Rate
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Actual Previous Highest Lowest Dates Unit Frequency
6.80 6.90 15.40 3.80 1989 - 2015 percent Quarterly
In China, Gross Domestic Product is divided by three sectors: Primary, Secondary and Tertiary. The Primary Industry includes Farming, Forestry, Animal Husbandry, and Fishery and accounts for around 9 percent of GDP. The Secondary sector, which includes Industry (40 percent of GDP) and Construction (9 percent of GDP) is the most important. The Tertiary sector accounts for the remaining 44 percent of total output and consist of Wholesale and Retail Trades; Transport, Storage, and Post; Financial Intermediation; Real Estate; Hotel and Catering Services and Others. This page provides - China GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. China GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on February of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-07-15 03:00 AM Q2 7.0% 7.0% 6.9% 6.9%
2015-10-19 03:00 AM Q3 6.9% 7.0% 6.8% 6.9%
2016-01-19 02:00 AM Q4 6.8% 6.9% 6.8% 6.8%
2016-04-20 02:00 AM Q1 6.8% 6.8%
2016-07-20 02:00 AM Q2 6.8%
2016-10-20 02:00 AM Q3 6.6%

China 2015 GDP Growth Weakest in 25 Years


Chinese economy expanded by 6.9 percent in 2015, lower than 7.3 percent in 2014 and the weakest since 1990. The figure was in line with market expectations as strength in services and consumption offset weaker manufacturing and exports.

In 2015, services sector (tertiary industry) expanded 8.3 percent, 2.4 percentage points higher than last year and and accounted for 50.5 percent of GDP. On the other hand manufacturing and construction (secondary industry) growth slowed to 6 percent from 7.3 percent in 2014 and accounted for 40 percent of GDP. 

In 2015, the final consumption expenditure accounted for 66.4 percent of GDP, 15.4 percentage points higher than last year. 

In 2015, the investment in fixed assets (excluding rural households) grew 10 percent, 2.9 percentage points slower than last year and accounted for 36.1 percent of GDP. The investment by the state holding enterprises increased 10.9 percent while private investment went up by 10.1 percent, accounting for 64.2 percent of the total investment. 

In 2015, total retail sales of consumer goods rose 10.6 percent with sales in urban areas growing by 10.5 percent an in rural by 11.8 percent. Online retail sales surged 33.3 percent compared with last year, among which the retail sales of physical goods increased of 31.6 percent (10.8 percent of the total retail sales of consumer goods) and the retail sales of non-physical goods increased 42.4 percent.

In 2015, total value of imports and exports in yuan terms decreased by 7 percent with exports dropping 1.8 percent and imports going down by 13.2 percent. 

The Chinese economy grew 6.8 percent in the fourth quarter compared to the same period in 2014, slightly down from 6.9 percent in the previous period and the weakest since the first quarter of 2009.  

Compared to the previous quarter, the GDP expanded by 1.6 percent in Q4, slowing from a 1.8 percent expansion in the September quarter. It is the weakest growth since the first quarter of 2014.
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National Bureau of Statistics l Rida Husna | rida@tradingeconomics.com
1/19/2016 1:14:43 PM

China GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.60 1.80 2.50 1.30 percent [+]
GDP Annual Growth Rate 6.80 6.90 15.40 3.80 percent [+]
GDP 10354.80 9490.60 10354.80 46.68 USD Billion [+]
Gross National Product 634367.30 583196.70 634367.30 679.00 CNY HML [+]
Gross Fixed Capital Formation 283017.60 263027.90 283017.60 80.70 CNY HML [+]
GDP per capita 3865.88 3619.44 3865.88 83.33 USD [+]
GDP per capita PPP 12608.87 11805.08 12608.87 1516.21 USD [+]
GDP Constant Prices 676708.00 487774.00 676708.00 5234.80 CNY HML [+]
GDP From Agriculture 60863.00 39195.00 60863.00 651.80 CNY HML [+]
GDP From Construction 46456.00 31327.00 46456.00 181.90 CNY HML [+]
GDP From Manufacturing 228974.00 167314.00 228974.00 2207.80 CNY HML [+]
GDP From Services 341567.00 250779.00 341567.00 2200.20 CNY HML [+]
GDP From Transport 30364.00 22475.00 30364.00 393.20 CNY HML [+]




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