GDP: Value Added

1981 - 2022 | Yearly | RMB mn | Organisation for Economic Co-operation and Development

CN: GDP: Value Added data was reported at 99,356,033.560 RMB mn in 2022. This records an increase from the previous number of 93,689,271.010 RMB mn for 2021. CN: GDP: Value Added data is updated yearly, averaging 10,140,386.875 RMB mn from Dec 1981 (Median) to 2022, with 42 observations. The data reached an all-time high of 99,356,033.560 RMB mn in 2022 and a record low of 460,111.001 RMB mn in 1981. CN: GDP: Value Added data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s China – Table CN.OECD.MSTI: Gross Domestic Product, GDP PPP and GDP Deflator: Non OECD Member: Annual.

Notes to the September 2023 edition:

In the March 2023 edition, the OECD suppressed and put on hold the publication of several R&D indicators for China because of concerns about the coherence of expenditure and personnel data. Chinese officials have since confirmed errors in the business R&D data submitted to OECD in February 2023 and revised figures subsequently. While the revised breakdowns between manufacturing and other sectors is now deemed coherent, few details are available about the structure of China's R&D in the service sector which has been significantly increasing in size. China provided additional explanations on the growth rates in the higher education and government sectors in 2019, as well as the discrepancies between personnel and expenditure trends in both sectors. Total estimates of GERD and its institutional sector components (BERD, HERD, GOVERD) for 2019 to 2021 have not been modified by China and have been published as reported to OECD. The OECD continues to encourage China and other non member economies to engage in comprehensive reporting of R&D statistics and metadata.

---Structural notes:The national breakdown by source of funds does not fully match with the classification defined in the Frascati Manual. The R&D financed by the government, business enterprises, and by the rest of the world can be retrieved but part of the expenditure has no specific source of financing, i.e. self-raised funding (in particular for independent research institutions), the funds from the higher education sector and left-over government grants from previous years.The government and higher education sectors cover all fields of NSE and SSH while the business enterprise sector only covers the fields of NSE. There are only few organisations in the private non-profit sector, hence no R&D survey has been carried out in this sector and the data are not available.From 2009, researcher data are collected according to the Frascati Manual definition of researcher.

Beforehand, this was only the case for independent research institutions, while for the other sectors data were collected according to the UNESCO concept of 'scientist and engineer'.In 2009, the survey coverage in the business and the government sectors has been expanded.Before 2000, all of the personnel data and 95% of the expenditure data in the business enterprise sector are for large and medium-sized enterprises only. Since 2000 however, the survey covers almost all industries and all enterprises above a certain threshold. In 2000 and 2004, a census of all enterprises was held, while in the intermediate years data for small enterprises are estimated.Due to the reform of the S&T system some government institutions have become enterprises, and their R&D data have been reflected in the Business Enterprise sector since 2000.

Last	Frequency	Range
99,356,033.558 2022	yearly	1981 - 2022

View China's GDP: Value Added from 1981 to 2022 in the chart:

GDP: Value Added: Current PPP

1981 - 2022 | Yearly | USD mn | Organisation for Economic Co-operation and Development

CN: GDP: Value Added: Current PPP data was reported at 24,703.973 USD bn in 2022. This records an increase from the previous number of 22,374.404 USD bn for 2021. CN: GDP: Value Added: Current PPP data is updated yearly, averaging 3,750.737 USD bn from Dec 1981 (Median) to 2022, with 42 observations. The data reached an all-time high of 24,703.973 USD bn in 2022 and a record low of 326.770 USD bn in 1981. CN: GDP: Value Added: Current PPP data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s China – Table CN.OECD.MSTI: Gross Domestic Product, GDP PPP and GDP Deflator: Non OECD Member: Annual.

Notes to the September 2023 edition:

In the March 2023 edition, the OECD suppressed and put on hold the publication of several R&D indicators for China because of concerns about the coherence of expenditure and personnel data. Chinese officials have since confirmed errors in the business R&D data submitted to OECD in February 2023 and revised figures subsequently. While the revised breakdowns between manufacturing and other sectors is now deemed coherent, few details are available about the structure of China's R&D in the service sector which has been significantly increasing in size. China provided additional explanations on the growth rates in the higher education and government sectors in 2019, as well as the discrepancies between personnel and expenditure trends in both sectors. Total estimates of GERD and its institutional sector components (BERD, HERD, GOVERD) for 2019 to 2021 have not been modified by China and have been published as reported to OECD. The OECD continues to encourage China and other non member economies to engage in comprehensive reporting of R&D statistics and metadata.

---Structural notes:The national breakdown by source of funds does not fully match with the classification defined in the Frascati Manual. The R&D financed by the government, business enterprises, and by the rest of the world can be retrieved but part of the expenditure has no specific source of financing, i.e. self-raised funding (in particular for independent research institutions), the funds from the higher education sector and left-over government grants from previous years.The government and higher education sectors cover all fields of NSE and SSH while the business enterprise sector only covers the fields of NSE. There are only few organisations in the private non-profit sector, hence no R&D survey has been carried out in this sector and the data are not available.From 2009, researcher data are collected according to the Frascati Manual definition of researcher.

Beforehand, this was only the case for independent research institutions, while for the other sectors data were collected according to the UNESCO concept of 'scientist and engineer'.In 2009, the survey coverage in the business and the government sectors has been expanded.Before 2000, all of the personnel data and 95% of the expenditure data in the business enterprise sector are for large and medium-sized enterprises only. Since 2000 however, the survey covers almost all industries and all enterprises above a certain threshold. In 2000 and 2004, a census of all enterprises was held, while in the intermediate years data for small enterprises are estimated.Due to the reform of the S&T system some government institutions have become enterprises, and their R&D data have been reflected in the Business Enterprise sector since 2000.

Last	Frequency	Range
24,703,972.900 2022	yearly	1981 - 2022

View China's GDP: Value Added: Current PPP from 1981 to 2022 in the chart:

Gross Domestic Product

1981 - 2023 | Yearly | RMB mn | Organisation for Economic Co-operation and Development

CN: Gross Domestic Product data was reported at 134,908,350.000 RMB mn in 2024. This records an increase from the previous number of 129,427,170.000 RMB mn for 2023. CN: Gross Domestic Product data is updated yearly, averaging 13,134,460.000 RMB mn from Dec 1981 (Median) to 2024, with 44 observations. The data reached an all-time high of 134,908,350.000 RMB mn in 2024 and a record low of 494,470.000 RMB mn in 1981. CN: Gross Domestic Product data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s China – Table CN.OECD.MSTI: Gross Domestic Product, GDP PPP and GDP Deflator: Non OECD Member: Annual.

The national breakdown by source of funds does not fully match with the classification defined in the Frascati Manual. The R&D financed by the government, business enterprises, and by the rest of the world can be retrieved but part of the expenditure has no specific source of financing, i.e. self-raised funding (in particular for independent research institutions), the funds from the higher education sector and left-over government grants from previous years.

The government and higher education sectors cover all fields of NSE and SSH while the business enterprise sector only covers the fields of NSE. There are only few organisations in the private non-profit sector, hence no R&D survey has been carried out in this sector and the data are not available.

From 2009, researcher data are collected according to the Frascati Manual definition of researcher. Beforehand, this was only the case for independent research institutions, while for the other sectors data were collected according to the UNESCO concept of “scientist and engineer”.

In 2009, the survey coverage in the business and the government sectors has been expanded.

Before 2000, all of the personnel data and 95% of the expenditure data in the business enterprise sector are for large and medium-sized enterprises only. Since 2000 however, the survey covers almost all industries and all enterprises above a certain threshold. In 2000 and 2004, a census of all enterprises was held, while in the intermediate years data for small enterprises are estimated.

Due to the reform of the S&T system some government institutions have become enterprises, and their R&D data have been reflected in the Business Enterprise sector since 2000.

Last	Frequency	Range
126,058,210.000 2023	yearly	1981 - 2023

View China's Gross Domestic Product from 1981 to 2023 in the chart:

Gross Domestic Product (GDP): Current PPP

1981 - 2023 | Yearly | USD mn | Organisation for Economic Co-operation and Development

CN: Gross Domestic Product: Current PPP data was reported at 34,643.710 USD bn in 2023. This records an increase from the previous number of 31,773.150 USD bn for 2022. CN: Gross Domestic Product: Current PPP data is updated yearly, averaging 4,522.776 USD bn from Dec 1981 (Median) to 2023, with 43 observations. The data reached an all-time high of 34,643.710 USD bn in 2023 and a record low of 350.540 USD bn in 1981. CN: Gross Domestic Product: Current PPP data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s China – Table CN.OECD.MSTI: Gross Domestic Product, GDP PPP and GDP Deflator: Non OECD Member: Annual.