China: Economy

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 (2014): United States, Hong Kong, and Japan
Top 3 Exported Goods (2014): 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) Source: The World Bank

GDP, PPP (current international) $18,017,072,919,507 (2014)
GDP Growth Rate (annual %) 7.268% (2014)
GDP Per Capita, PPP (current international) $13,206 (2014)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 1/193 (2014)

Economic Indicators Source: The World Bank

Inflation, consumer prices (annual %) 1.993% (2014)
External debt stocks, total (DOD, current US$) $874,463,286,000 (2013)
Total tax rate (% of commercial profits) 67.8% (2015)
Real Interest Rate (5 year average %) 4.734% (2014)
Manufacturing, value added (% of GDP) 30.103% (2013)
Current Account Balance (BoP, current US$) $219,677,599,324 (2014)
Click on a row to display its 5-year graph on the right.

Labor and Employment Source: The World Bank

Labor Force, Total 806,498,521 (2014)
Employment in Agriculture (% of total employment) 2.5% (2011)
Employment in Industry (% of total employment) 46.9% (2011)
Employment in Services (% of total employment) 47% (2011)
Unemployment Rate 4.7% (2014)
Click on a row to display its 5-year graph on the right.
Imports of goods and services (current US$) $1,959,143,600,963 (2014)
Exports of goods and services (current US$) $2,342,086,580,098 (2014)
Total Merchandise Trade (% of GDP) 41.543% (2014)
FDI, net inflows (BoP, current US$) $289,097,181,064 (2014)
Commercial Service Exports (current US$) $230,955,780,305 (2014)
Click on a row to display its 5-year graph on the right.

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

Glossary