GDP (Gross Domestic Product): China
Current Value (2024)
$18,743,803,170,827.2
All-Time Peak (2024)
$18,743,803,170,827.2
All-Time Low (1962)
$47,310,737,754.229
GDP (Gross Domestic Product) — China
Analysis# China's GDP Analysis (1960–2024)
China's nominal GDP reached approximately $18.74 trillion in 2024, representing a roughly 396,000-fold increase from its 1962 low of $47.3 billion—the most dramatic economic expansion by any major economy in the post-WWII era. This growth accelerated dramatically after 1978 with Deng Xiaoping's reform and opening-up policies, shifting from centrally planned agriculture to market-driven manufacturing and services, with particularly steep gains from the 1990s onward as China joined the WTO in 2001. The 2024 figure matching the historical peak indicates China has sustained its
Historical Data
| Year | Value | Change % |
|---|---|---|
| 2024 | $18,743,803,170,827.2 | +2.59% |
| 2023 | $18,270,356,654,533.2 | -0.25% |
| 2022 | $18,316,765,021,690.2 | +0.63% |
| 2021 | $18,201,698,719,564 | +21.37% |
| 2020 | $14,996,414,166,715.1 | +3.00% |
| 2019 | $14,560,167,101,283.4 | +2.91% |
| 2018 | $14,147,765,772,963.8 | +12.84% |
| 2017 | $12,537,559,062,282.9 | +9.44% |
| 2016 | $11,456,024,084,962 | +1.55% |
| 2015 | $11,280,814,787,468.9 | +5.68% |
| 2014 | $10,674,533,168,257.4 | +9.56% |
| 2013 | $9,743,124,247,267.24 | +12.33% |
| 2012 | $8,673,664,713,189.24 | +13.06% |
| 2011 | $7,671,757,207,851.29 | +23.89% |
| 2010 | $6,192,564,874,453.29 | +19.33% |
| 2009 | $5,189,577,094,997.58 | +11.19% |
| 2008 | $4,667,346,414,521.95 | +29.50% |
| 2007 | $3,604,055,822,571.63 | +29.11% |
| 2006 | $2,791,498,472,804.33 | +20.45% |
| 2005 | $2,317,551,298,052.05 | +16.80% |
Show all 65 rows
| Year | Value | Change % |
|---|---|---|
| 2004 | $1,984,196,551,300.44 | +17.83% |
| 2003 | $1,683,903,309,843.85 | +13.03% |
| 2002 | $1,489,821,682,050.54 | +9.95% |
| 2001 | $1,355,036,590,251.52 | +10.73% |
| 2000 | $1,223,754,919,971.05 | +10.86% |
| 1999 | $1,103,843,203,575.64 | +6.43% |
| 1998 | $1,037,134,141,760.35 | +7.17% |
| 1997 | $967,753,570,434.667 | +11.43% |
| 1996 | $868,523,936,530.083 | +17.66% |
| 1995 | $738,190,896,227.55 | +30.21% |
| 1994 | $566,929,539,493.172 | +26.96% |
| 1993 | $446,557,291,212.148 | +4.21% |
| 1992 | $428,502,354,788.069 | +11.44% |
| 1991 | $384,510,452,961.672 | +6.35% |
| 1990 | $361,560,229,445.507 | +3.78% |
| 1989 | $348,380,566,801.619 | +11.34% |
| 1988 | $312,888,888,888.889 | +14.42% |
| 1987 | $273,455,156,950.673 | -9.24% |
| 1986 | $301,310,144,927.536 | -2.82% |
| 1985 | $310,064,625,850.34 | +19.05% |
| 1984 | $260,442,857,142.857 | +12.68% |
| 1983 | $231,130,268,199.234 | +12.48% |
| 1982 | $205,480,916,030.534 | +4.72% |
| 1981 | $196,218,253,968.254 | +2.47% |
| 1980 | $191,487,500,000 | +7.23% |
| 1979 | $178,573,913,043.478 | +19.22% |
| 1978 | $149,788,617,886.179 | -14.52% |
| 1977 | $175,226,595,859.778 | +13.64% |
| 1976 | $154,196,810,058.643 | -5.80% |
| 1975 | $163,687,619,735.857 | +13.34% |
| 1974 | $144,418,433,058.472 | +4.07% |
| 1973 | $138,764,340,892 | +21.86% |
| 1972 | $113,871,930,713.841 | +13.92% |
| 1971 | $99,959,013,879.631 | +7.77% |
| 1970 | $92,752,930,873.191 | +16.16% |
| 1969 | $79,847,786,729.19 | +12.49% |
| 1968 | $70,980,323,818.785 | -2.78% |
| 1967 | $73,011,350,596.249 | -5.00% |
| 1966 | $76,854,053,259.209 | +8.91% |
| 1965 | $70,565,994,356.183 | +17.96% |
| 1964 | $59,821,862,703.402 | +17.73% |
| 1963 | $50,812,227,918.575 | +7.40% |
| 1962 | $47,310,737,754.229 | -5.68% |
| 1961 | $50,162,299,349.787 | -16.18% |
| 1960 | $59,846,235,024.732 | — |