Economic Trivia

China is the world leader in gross value of agricultural and industrial outputs.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2021): United States, Japan, and South Korea
Top 3 Exported Goods (2021): Electrical Machinery, Industrial Machinery, and Furniture

Top Industries Source: CIA World Factbook

Mining and Ore Processing (Iron, Steel, Aluminum, Other Metals, Coal); Machine Building; Armaments; Textiles and Apparel; Petroleum; Cement; Chemicals

Gross Domestic Product (GDP) [1]

GDP, PPP (current international) $30,327,320,296,268 (2022)
GDP Growth Rate (annual %) 2.991% (2022)
GDP Per Capita, PPP (current international) $21,476 (2022)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 1/197 (2022)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) 1.974% (2022)
External debt stocks, total (DOD, current US$) $2,702,504,713,267 (2021)
Total tax rate (% of commercial profits) 59.2% (2019)
Real Interest Rate (5 year average %) 2.057% (2022)
Manufacturing, value added (% of GDP) 27.699% (2022)
Current Account Balance (BoP, current US$) $401,855,410,626 (2022)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 781,831,676 (2022)
Employment in Agriculture (% of total employment) 24.406% (2021)
Employment in Industry (% of total employment) 28.242% (2021)
Employment in Services (% of total employment) 47.352% (2021)
Unemployment Rate 4.886% (2022)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $3,137,594,109,345 (2022)
Exports of goods and services (current US$) $3,714,245,218,685 (2022)
Total Merchandise Trade (% of GDP) 35.125% (2022)
FDI, net inflows (BoP, current US$) $180,166,881,345 (2022)
Commercial Service Exports (current US$) $367,258,175,832 (2022)
Click on a row to display its 5-year graph on the right.

Economic Snapshot [1]

Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, China’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Sources

  1. The World Bank