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) $27,312,548,291,593 (2021)
GDP Growth Rate (annual %) 8.11% (2021)
GDP Per Capita, PPP (current international) $19,338 (2021)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 1/197 (2021)

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 %) 0.981% (2021)
External debt stocks, total (DOD, current US$) $2,702,504,713,267 (2021)
Total tax rate (% of commercial profits) 59.2% (2019)
Real Interest Rate (5 year average %) -0.021% (2021)
Manufacturing, value added (% of GDP) 27.438% (2021)
Current Account Balance (BoP, current US$) $317,300,990,627 (2021)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 791,382,586 (2021)
Employment in Agriculture (% of total employment) 24.729% (2020)
Employment in Industry (% of total employment) 28.183% (2020)
Employment in Services (% of total employment) 47.088% (2020)
Unemployment Rate 4.817% (2021)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $3,091,259,284,839 (2021)
Exports of goods and services (current US$) $3,553,509,241,460 (2021)
Total Merchandise Trade (% of GDP) 34.129% (2021)
FDI, net inflows (BoP, current US$) $333,979,029,130 (2021)
Commercial Service Exports (current US$) $336,889,113,963 (2021)
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