China Economy and Trade
GDP $19.50T · real growth +5.0% · latest verified annual data
China's macroeconomic panel uses $19.50T as the nominal GDP observation for 2025 and +5.0% as the real-growth observation for 2025. For household-scale context, GDP per capita is $13,862 in 2025, while consumer-price inflation is 0.1% in 2025. Reference years remain attached to each series so readers can compare the figures without treating differently dated measures as one snapshot.
China at a Glance
Reference years stay attached to each measure so current-dollar output, real growth, prices, jobs and trade are not silently mixed.
Output trend
Macro signals and Merchandise trade
Available measures are shown with their reported reference periods.
Macro signals
Merchandise trade
Merchandise trade is kept separate from services and current-account measures.
What China's economic profile is telling you
China's nominal GDP reached about $19.5 trillion in 2025 in the current World Bank series, with real output growth of 5.0 percent. Consumer-price inflation was close to zero, while modeled unemployment was 4.6 percent.
China ran a very large merchandise surplus in the matched 2024 WTO data. The United States and European Union were the two largest export destinations, while the European Union was the largest import partner shown in the profile.
Reading the macro data
GDP measures current-dollar economic size. Real growth tracks output after price effects, while CPI inflation and unemployment describe separate price and labor-market conditions.
Reading the trade data
Merchandise exports and imports cover traded goods. They are not combined with services trade or presented as a current-account balance.
Detailed Economic Data
| Indicator | China | Reference period | Status |
|---|---|---|---|
| GDPcurrent US$, market prices | $19.50T | 2025 | Actual |
| GDP per capitacurrent US$ | $13,862.0 | 2025 | Actual |
| Real GDP growthannual % | +5.0% | 2025 | Actual |
| InflationCPI, annual % | 0.1% | 2025 | Actual |
| Unemploymentmodeled ILO estimate | 4.6% | 2025 | Estimate |
| Merchandise exportscurrent USD | $3.58T | 2024 | Actual |
| Merchandise importscurrent USD | $2.47T | 2024 | Actual |
Frequently Asked Questions
What is China's GDP?
Nominal GDP was about $19.50T in 2025 in current US dollars according to the World Bank.
How fast is China's economy growing?
Real GDP growth was +5.0% in 2025.
What is inflation in China?
The annual CPI reading used here is 0.1% for 2025.
What does merchandise trade show for China?
Merchandise exports were $3.58T and imports were $2.47T in 2024, giving a same-year balance of +$1103.83B.
Sources & methodology
Sources for the economic indicators and definitions shown above.
View sources used for this page
GDP, GDP per capita, real GDP growth, consumer-price inflation and modeled ILO unemployment.
Official data: GDP · GDP per capita · Real growth · Inflation · Unemployment
Matched-year merchandise exports and imports from the WTO economy profile.
Official data: WTO country profile
Each metric keeps its own definition and reference year. Missing data is left unavailable rather than silently substituted.