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: United States, Hong Kong, and Japan
Top 3 Exported Goods: Electrical Machinery, Industrial Machinery, and Apparel: Knit

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 $) $16,158 billion (2013)
GDP Growth Rate (annual %) 7.671% (2013)
GDP Per Capita, PPP (current international $) $11,904 (2013)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 2/192 (2013)

Economic Indicators Source: The World Bank

Inflation, consumer prices (annual %) 2.631% (2013)
External debt stocks, total (DOD, current US$) $754,009 million (2012)
Total tax rate (% of commercial profits) 63.7% (2013)
Real Interest Rate (5 year average %) 4.225% (2013)
Manufacturing, value added (% of GDP) 31.832% (2011)
Current Account Balance (BoP, current US$) $193,139,152,768 (2012)
Click on a row to display its 5-year graph on the right.

Labor and Employment Source: The World Bank

Labor Force, Total 787,632,272 (2012)
Employment in Agriculture (% of total employment) 34.8% (2011)
Employment in Industry (% of total employment) 29.5% (2011)
Employment in Services (% of total employment) 35.7% (2011)
Unemployment Rate 4.5% (2012)
Click on a row to display its 5-year graph on the right.
Imports of goods and services (current US$) $2,202,792 million (2013)
Exports of goods and services (current US$) $2,439,588 million (2013)
Total Merchandise Trade (% of GDP) 46.988% (2012)
FDI, net inflows (BoP, current US$) $347,849 million (2013)
Commercial Service Exports (current US$) $195,311,956,590 (2012)
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