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

The Chinese economy advanced an annual 6.7 percent in the first quarter of 2016, compared to a 6.8 percent expansion in the previous period and in line with market expectations. While it is the weakest growth since the first quarter of 2009, fixed-asset investment, industrial output, retail sales and new yuan loans all increased more than estimated in March, suggesting the economy is accelerating. GDP Annual Growth Rate in China averaged 9.85 percent from 1989 until 2016, 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
6.70 6.80 15.40 3.80 1989 - 2016 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 July of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
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%
2016-04-15 02:00 AM Q1 6.7% 6.8% 6.7% 6.8%
2016-07-20 02:00 AM Q2 6.7% 6.6%
2016-10-20 02:00 AM Q3 6.4%

China GDP Growth Slows to 6.7% in Q1


The Chinese economy advanced an annual 6.7 percent in the first quarter of 2016, compared to a 6.8 percent expansion in the previous period and in line with market expectations. While it is the weakest growth since the first quarter of 2009, fixed-asset investment, industrial output, retail sales and new yuan loans all increased more than estimated in March, suggesting the economy is accelerating.

Considering the first quarter of the year, the services sector expanded 7.6 percent and industry advanced at a slower 5.8 percent. 

Fixed-asset investment rose 10.7 percent in January to March 2016, above market estimates of a 10.3 percent increase and higher than 10.2 percent in the first two months of the year. Property investment increased by 6.2 percent in the first quarter of 2016, accelerating from 3.0 percent in the first two months of the year.

Industrial production expanded 6.8 percent year-on-year in March, up from 5.4 percent in the first two months and beating market consensus of a 5.9 percent rise. It is the highest growth figure since June 2015. By categories, manufacturing output grew the most by 7.2 percent, followed by electricity, gas and water production and water supply (+4.8 percent) and mining (+3.1 percent).

Retail sales rose 10.5 percent in March, quickening from 10.2 percent in the previous two months and higher than market expectations of a 10.4 percent growth. 

Figures released earlier showed exports increased by 11.5 percent year-on-year to USD160.86 billion in March 2016, reversing from a 25.4 percent decline in the preceding month. It is the first gain since June 2015, partly reflecting a seasonal upturn after the Lunar New Year holiday in February. Imports dropped by a lower-than-expected 7.6 percent to USD130.9 billion. 

Statistics China l Rida Husna | rida@tradingeconomics.com
4/15/2016 9:19:08 AM

China GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.10 1.80 2.50 1.30 percent [+]
GDP Annual Growth Rate 6.70 6.80 15.40 3.80 percent [+]
GDP 10354.83 9490.60 10354.83 46.69 USD Billion [+]
Gross National Product 673837.10 634367.30 673837.10 679.00 CNY HML [+]
Gross Fixed Capital Formation 292396.50 283017.60 292396.50 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 158526.00 676708.00 676708.00 5234.80 CNY HML [+]
GDP From Agriculture 8803.00 60863.00 60863.00 651.80 CNY HML [+]
GDP From Construction 7438.00 46456.00 46456.00 181.90 CNY HML [+]
GDP From Manufacturing 52335.00 228974.00 228974.00 2207.80 CNY HML [+]
GDP From Services 90214.00 341567.00 341567.00 2200.20 CNY HML [+]
GDP From Transport 7249.00 30364.00 30364.00 393.20 CNY HML [+]




Last
Ivory Coast 10.30 Dec/15
Ethiopia 9.60 Dec/15
Ireland 9.20 Dec/15
Papua New Guinea 9.00 Dec/15
India 7.90 Mar/16
Congo 7.70 Dec/15
Uzbekistan 7.50 Mar/16
Rwanda 7.30 Mar/16
Monaco 7.20 Dec/14
Tanzania 7.10 Dec/15
Bangladesh 7.05 Dec/16
Laos 7.00 Dec/15
Myanmar 7.00 Dec/15
Cambodia 6.90 Dec/15
Philippines 6.90 Mar/16
China 6.70 Mar/16
Djibouti 6.70 Dec/15
Turkmenistan 6.70 Dec/15
Uganda 6.68 Dec/15
Nicaragua 6.60 Dec/15
Tajikistan 6.50 Mar/16
Senegal 6.40 Mar/16
Dominican Republic 6.10 Dec/15
Palestine 6.10 Dec/15
Togo 6.00 Dec/15
Bolivia 5.95 Dec/15
Kenya 5.90 Mar/16
Cape Verde 5.80 Mar/16
Benin 5.70 Dec/15
Chad 5.60 Dec/15
Vietnam 5.55 Jun/16
Bhutan 5.50 Dec/15
Sri Lanka 5.50 Mar/16
Mozambique 5.30 Mar/16
Sao Tome and Principe 5.30 Dec/15
Malta 5.20 Mar/16
Guinea Bissau 5.00 Dec/15
Kosovo 5.00 Dec/15
Zambia 5.00 Dec/15
Indonesia 4.92 Mar/16
Angola 4.90 Dec/15
Central African Republic 4.90 Dec/15
Ghana 4.90 Mar/16
Niger 4.90 Dec/15
Sudan 4.90 Dec/15
Turkey 4.80 Mar/16
Gambia 4.70 Dec/15
Mali 4.70 Dec/15
Panama 4.60 Mar/16
Bahrain 4.50 Mar/16
Armenia 4.40 Mar/16
Luxembourg 4.40 Mar/16
Peru 4.40 Mar/16
Cuba 4.30 Dec/15
East Timor 4.30 Dec/15
Romania 4.30 Mar/16
Seychelles 4.30 Dec/15
Pakistan 4.24 Dec/15
Burkina Faso 4.20 Dec/15
Gabon 4.20 Dec/15
Iceland 4.20 Mar/16
Malaysia 4.20 Mar/16
Sweden 4.20 Mar/16
Guatemala 4.10 Dec/15
Fiji 4.00 Dec/15
Qatar 4.00 Dec/15
Algeria 3.90 Dec/15
United Arab Emirates 3.90 Dec/15
Egypt 3.80 Dec/15
Mauritius 3.70 Mar/16
Brunei 3.60 Mar/16
Honduras 3.60 Dec/15
Saudi Arabia 3.60 Dec/15
Namibia 3.50 Mar/16
Serbia 3.50 Mar/16
Lesotho 3.40 Dec/15
Slovakia 3.40 Mar/16
Spain 3.40 Mar/16
Costa Rica 3.30 Dec/15
Comoros 3.20 Dec/15
Thailand 3.20 Mar/16
Australia 3.10 Mar/16
Mauritania 3.10 Dec/15
Mongolia 3.10 Mar/16
Czech Republic 3.00 Mar/16
Guyana 3.00 Dec/15
Madagascar 3.00 Dec/15
Poland 3.00 Mar/16
Bulgaria 2.90 Mar/16
Malawi 2.90 Dec/15
Maldives 2.90 Dec/15
New Zealand 2.80 Mar/16
South Korea 2.80 Mar/16
Croatia 2.70 Mar/16
Cyprus 2.70 Mar/16
Cameroon 2.60 Dec/15
El Salvador 2.60 Dec/15
Georgia 2.60 Mar/16
Jordan 2.60 Dec/15
Mexico 2.60 Mar/16
Somalia 2.60 Dec/14
Colombia 2.50 Mar/16
Lithuania 2.50 Mar/16
Slovenia 2.50 Mar/16
Iraq 2.40 Dec/15
Albania 2.15 Dec/15
Afghanistan 2.10 Dec/15
Bosnia and Herzegovina 2.10 Dec/15
Latvia 2.10 Mar/16
United States 2.10 Mar/16
Chile 2.00 Mar/16
Macedonia 2.00 Mar/16
United Kingdom 2.00 Mar/16
Cayman Islands 1.90 Sep/15
European Union 1.80 Mar/16
Singapore 1.80 Mar/16
Estonia 1.70 Mar/16
Euro Area 1.70 Mar/16
Haiti 1.70 Dec/15
Israel 1.70 Mar/16
Morocco 1.70 Mar/16
Swaziland 1.70 Dec/15
Austria 1.60 Mar/16
Finland 1.60 Mar/16
Belgium 1.50 Mar/16
Netherlands 1.50 Mar/16
Paraguay 1.50 Mar/16
Zimbabwe 1.50 Dec/15
France 1.30 Mar/16
Germany 1.30 Mar/16
Bahamas 1.20 Dec/15
Republic of the Congo 1.20 Dec/15
Canada 1.10 Mar/16
Montenegro 1.10 Mar/16
Italy 1.00 Mar/16
Lebanon 1.00 Dec/15
North Korea 1.00 Dec/14
Tunisia 1.00 Mar/16
Hungary 0.90 Mar/16
Portugal 0.90 Mar/16
Hong Kong 0.80 Mar/16
Moldova 0.80 Mar/16
Nepal 0.77 Dec/15
Jamaica 0.70 Dec/15
Norway 0.70 Mar/16
Switzerland 0.70 Mar/16
Belize 0.60 Dec/15
Iran 0.60 Mar/15
Argentina 0.49 Mar/16
Denmark 0.30 Mar/16
Eritrea 0.30 Dec/15
Liberia 0.30 Dec/15
New Caledonia 0.30 Dec/14
Barbados 0.20 Dec/14
Suriname 0.20 Dec/15
Guinea 0.10 Dec/15
Japan 0.10 Mar/16
Ukraine 0.10 Mar/16
Kazakhstan -0.20 Mar/16
South Africa -0.20 Mar/16
Nigeria -0.40 Mar/16
Uruguay -0.50 Mar/16
Puerto Rico -0.60 Dec/15
Taiwan -0.68 Mar/16
Liechtenstein -0.80 Dec/14
Ecuador -0.90 Dec/15
Russia -1.20 Mar/16
Greece -1.30 Mar/16
Kuwait -1.60 Dec/14
Botswana -1.90 Dec/15
Syria -2.30 Dec/11
Trinidad and Tobago -3.00 Dec/15
Azerbaijan -3.50 Mar/16
Belarus -3.60 Mar/16
Burundi -4.10 Dec/15
Kyrgyzstan -4.90 Mar/16
South Sudan -5.30 Dec/15
Brazil -5.40 Mar/16
Libya -6.00 Dec/15
Venezuela -7.10 Sep/15
Equatorial Guinea -10.60 Dec/15
Macau -13.30 Mar/16
Oman -14.10 Dec/15
Sierra Leone -21.50 Dec/15
Yemen -28.10 Dec/15