China Forecast: Real GDP Growth

1980 - 2028 | Yearly | % | International Monetary Fund

Key information about China Forecast: Real GDP Growth

  • China Real GDP Growth is forecasted to be 5.200 % in Dec 2023 as reported by International Monetary Fund.
  • It records a decrease from the last reported number of 3.000 % in Dec 2022.
  • Looking ahead, China Real GDP Growth is projected to stand at 3.437 % in Dec 2028.
  • The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Gross Domestic Product: Constant Prices: YoY.

View China's Forecast: Real GDP Growth from 1980 to 2028 in the chart:

China Forecast: Real GDP Growth

What is China's Forecast: Real GDP Growth in 2028?

China Real GDP Growth is forecasted to be 5.200 % in Dec 2023 as reported by International Monetary Fund. See the table below for more data.

Last Previous Min Max Unit Frequency Range
3.437 2028 3.620 2027 2.242 2020 15.200 1984 % yearly 1980 - 2028

Forecast: Real GDP Growth by Country Comparison

Buy Selected Data

Includes Forecast: Real GDP Growth on 195 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Afghanistan (%) -6.240 2022 yearly 2003 - 2022
Albania (%) 3.400 2028 yearly 1980 - 2028
Algeria (%) 1.782 2028 yearly 1980 - 2028
Andorra (%) 1.500 2028 yearly 2001 - 2028
Angola (%) 4.230 2028 yearly 1980 - 2028
Antigua and Barbuda (%) 2.685 2027 yearly 1980 - 2027
Argentina (%) 2.000 2027 yearly 1980 - 2027
Armenia (%) 4.500 2028 yearly 1993 - 2028
Aruba (%) 1.100 2028 yearly 1987 - 2028
Australia (%) 2.279 2027 yearly 1980 - 2027
Austria (%) 1.527 2028 yearly 1980 - 2028
Azerbaijan (%) 2.572 2028 yearly 1993 - 2028
Bahamas (%) 1.496 2027 yearly 1980 - 2027
Bahrain (%) 2.733 2028 yearly 1980 - 2028
Bangladesh (%) 9.531 2021 yearly 1980 - 2021
Barbados (%) 1.840 2027 yearly 1980 - 2027
Belarus (%) 0.741 2028 yearly 1993 - 2028
Belgium (%) 1.289 2028 yearly 1980 - 2028
Belize (%) 2.012 2027 yearly 1980 - 2027
Benin (%) 5.934 2028 yearly 1980 - 2028
Bhutan (%) 5.114 2029 yearly 1980 - 2029
Bolivia (%) 3.400 2027 yearly 1980 - 2027
Bosnia and Herzegovina (%) 3.000 2028 yearly 1997 - 2028
Botswana (%) 3.957 2028 yearly 1980 - 2028
Brazil (%) 2.015 2028 yearly 1980 - 2028
Brunei (%) 2.112 2027 yearly 1986 - 2027
Bulgaria (%) 2.840 2028 yearly 1980 - 2028
Burkina Faso (%) 5.258 2027 yearly 1980 - 2027
Burundi (%) 4.565 2027 yearly 1980 - 2027
Cambodia (%) 6.500 2027 yearly 1988 - 2027
Cameroon (%) 4.898 2027 yearly 1980 - 2027
Canada (%) 1.660 2029 yearly 1980 - 2029
Cape Verde (%) 4.498 2027 yearly 1980 - 2027
Central African Republic (%) 3.347 2028 yearly 1980 - 2028
Chad (%) 3.508 2027 yearly 1980 - 2027
Chile (%) 2.459 2027 yearly 1980 - 2027
China (%) 3.437 2028 yearly 1980 - 2028
Colombia (%) 3.345 2028 yearly 1980 - 2028
Comoros (%) 4.342 2027 yearly 1980 - 2027
Congo (%) 3.980 2028 yearly 1980 - 2028
Costa Rica (%) 3.243 2027 yearly 1980 - 2027
Croatia (%) 2.800 2028 yearly 1993 - 2028
Cyprus (%) 2.899 2028 yearly 1980 - 2028
Czech Republic (%) 2.501 2027 yearly 1996 - 2027
Democratic Republic of Congo (%) 6.482 2028 yearly 1980 - 2028
Denmark (%) 1.800 2027 yearly 1980 - 2027
Djibouti (%) 5.000 2028 yearly 1992 - 2028
Dominica (%) 2.685 2028 yearly 1980 - 2028
Dominican Republic (%) 4.985 2028 yearly 1980 - 2028
Ecuador (%) 2.751 2028 yearly 1980 - 2028
Egypt (%) 5.984 2028 yearly 1980 - 2028
El Salvador (%) 1.965 2027 yearly 1980 - 2027
Equatorial Guinea (%) -0.981 2027 yearly 1980 - 2027
Eritrea (%) 2.925 2028 yearly 1993 - 2028
Estonia (%) 3.300 2027 yearly 1994 - 2027
Swaziland (%) 2.278 2027 yearly 1980 - 2027
Ethiopia (%) 6.953 2028 yearly 1980 - 2028
Fiji (%) 3.459 2028 yearly 1980 - 2028
Finland (%) 1.514 2029 yearly 1980 - 2029
France (%) 1.450 2028 yearly 1980 - 2028
Gabon (%) 3.809 2027 yearly 1981 - 2027
Gambia (%) 5.000 2027 yearly 1980 - 2027
Georgia (%) 5.198 2028 yearly 1995 - 2028
Germany (%) 1.134 2028 yearly 1980 - 2028
Ghana (%) 6.774 2027 yearly 1980 - 2027
Greece (%) 1.355 2027 yearly 1980 - 2027
Grenada (%) 2.849 2027 yearly 1980 - 2027
Guatemala (%) 3.900 2028 yearly 1980 - 2028
Guinea (%) 5.187 2027 yearly 1980 - 2027
Guinea-Bissau (%) 5.000 2027 yearly 1981 - 2027
Guyana (%) 3.320 2027 yearly 1980 - 2027
Haiti (%) 1.500 2027 yearly 1980 - 2027
Honduras (%) 3.940 2027 yearly 1980 - 2027
Hong Kong SAR, China (%) 2.849 2027 yearly 1980 - 2027
Hungary (%) 3.150 2027 yearly 1980 - 2027
Iceland (%) 2.481 2029 yearly 1980 - 2029
India (%) 6.042 2029 yearly 1981 - 2029
Indonesia (%) 5.117 2027 yearly 1980 - 2027
Iran (%) 2.047 2029 yearly 1981 - 2029
Iraq (%) 2.625 2027 yearly 1999 - 2027
Ireland (%) 3.010 2027 yearly 1980 - 2027
Israel (%) 3.499 2027 yearly 1980 - 2027
Italy (%) 0.882 2028 yearly 1980 - 2028
Ivory Coast (%) 6.000 2028 yearly 1980 - 2028
Jamaica (%) 1.600 2027 yearly 1980 - 2027
Japan (%) 0.409 2028 yearly 1980 - 2028
Jordan (%) 3.300 2027 yearly 1980 - 2027
Kazakhstan (%) 2.778 2028 yearly 1993 - 2028
Kenya (%) 5.516 2027 yearly 1980 - 2027
Kiribati (%) 1.971 2027 yearly 1980 - 2027
South Korea (%) 2.340 2027 yearly 1980 - 2027
Kosovo (%) 3.800 2028 yearly 2001 - 2028
Kuwait (%) 2.655 2027 yearly 1980 - 2027
Kyrgyzstan (%) 3.977 2028 yearly 1993 - 2028
Laos (%) 4.496 2028 yearly 1980 - 2028
Latvia (%) 3.377 2027 yearly 1993 - 2027
Lebanon (%) -22.000 2020 yearly 1980 - 2020
Lesotho (%) 2.084 2030 yearly 1981 - 2030
Liberia (%) 5.680 2027 yearly 2001 - 2027
Libya (%) 3.588 2027 yearly 1980 - 2027

Accurate Macro & Micro Economic Data You Can Trust

Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.

Learn more about what we do

China Key Series

Buy Selected Data

Includes 279 key indicators for China, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.8 Mar 2024 quarterly Dec 1995 - Mar 2024
Consolidated Fiscal Balance (USD mn) -138,026.800 Mar 2024 monthly Jan 1995 - Mar 2024
Tax Revenue (USD mn) 157,633.826 Mar 2024 monthly Jan 1995 - Mar 2024
Tax Revenue: % of GDP (%) 3.8 Mar 2024 quarterly Mar 1995 - Mar 2024
National Government Debt (USD mn) 4,229,989.2 2023 yearly 2005 - 2023
Government Debt: % of GDP (%) 22.7 Sep 2023 quarterly Mar 2014 - Sep 2023
Forecast: Government Expenditure (RMB bn) 60,775.948 2029 yearly 1982 - 2029
Forecast: Government Net Debt (RMB bn) 192,017.140 2029 yearly 1995 - 2029
Forecast: Government Revenue (RMB bn) 47,044.385 2029 yearly 1982 - 2029
Foreign Debts: Qtr: Long Term (USD mn) 1,084,700.000 Dec 2023 quarterly Jun 2003 - Dec 2023
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.732 2028 yearly 1998 - 2028
Export to Import Ratio (%) 133.003 Dec 2023 monthly Jan 1992 - Dec 2023
Trade Balance (USD mn) 72,351.7 Apr 2024 monthly Jan 1992 - Apr 2024
Total Exports (USD mn) 292,453.5 Apr 2024 monthly Jan 1992 - Apr 2024
Total Exports Growth (%) 28.1 Oct 2021 monthly May 2009 - Oct 2021
Aluminum: Exports (USD th) 26,004,555.285 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 7,336,060.515 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 16,671,966.370 2022 yearly 1995 - 2022
Total Imports (USD mn) 220,101.8 Apr 2024 monthly Jan 1992 - Apr 2024
Total Imports Growth (%) 20.8 Oct 2021 monthly May 2009 - Oct 2021
Imports: Medicament (USD th) 23,784,262.340 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 16,976,456.488 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 41,819.625 Apr 2024 monthly Jan 1981 - Apr 2024
Total Imports from USA (USD mn) 14,583.690 Apr 2024 monthly Jan 1981 - Apr 2024
Trade Index: Export: Quantum (Prev Year=100) 109.800 Apr 2024 monthly Jan 2005 - Apr 2024
Trade Index: Export: Value (Prev Year=100) 105.100 Apr 2024 monthly Jan 2005 - Apr 2024
Trade Index: Import: Value (Prev Year=100) 112.200 Apr 2024 monthly Jan 2005 - Apr 2024
Trade Index: Import: Unit Value (Prev Year=100) 102.400 Apr 2024 monthly Jan 2005 - Apr 2024
Trade Index: Import: Quantum (Prev Year=100) 109.600 Apr 2024 monthly Jan 2005 - Apr 2024
Trade Index: Export: Unit Value (Prev Year=100) 95.600 Apr 2024 monthly Jan 2005 - Apr 2024
Automobile: Exports: Total (USD mn) 18,385.808 Apr 2024 monthly Jan 2003 - Apr 2024
Automobile: Exports: MC: Bus (USD mn) 2,099.550 Apr 2024 monthly Jan 2003 - Apr 2024
Automobile: Exports: MC: Sedan (USD mn) 1,563.716 Apr 2024 monthly Jan 2003 - Apr 2024
Automobile: Exports: Motorcycle (USD mn) 603.872 Apr 2024 monthly Mar 2003 - Apr 2024
Automobile: Imports: Total (USD mn) 5,363.622 Apr 2024 monthly Jan 2003 - Apr 2024
Imports: Other, Apparatus Based on the Use of X-rays for Medical (USD th) 66,760.689 Mar 2018 monthly Jan 2003 - Mar 2018
Imports: Computed Tomography Apparatus (USD th) 92,098.563 Mar 2018 monthly Jan 2003 - Mar 2018
Exports: Massage Apparatus (USD th) 172,419.213 Mar 2018 monthly Jan 2003 - Mar 2018
Exports: Other Needles, Catheters, Cannulae and the Like (USD th) 96,906.178 Mar 2018 monthly Jan 2003 - Mar 2018
Imports: Other Needles, Catheters, Cannulae and the Like (USD th) 152,633.684 Mar 2018 monthly Jan 2003 - Mar 2018
Exports: Adhesive Plasters (USD th) 45,585.795 Mar 2018 monthly Jan 2003 - Mar 2018
CN: Steel: Import: Steel Product: Rod & Bar (Ton th) 62.410 Apr 2024 monthly Jan 2002 - Apr 2024
CN: Steel: Import: Steel Product: Sheet & Plate (Ton th) 544.909 Apr 2024 monthly Jan 2002 - Apr 2024
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 38,200.0 Mar 2024 quarterly Mar 1998 - Mar 2024
Current Account Balance (USD mn) 39,200.0 Mar 2024 quarterly Mar 1998 - Mar 2024
Current Account Balance: % of GDP (%) 1.0 Mar 2024 quarterly Mar 1998 - Mar 2024
Foreign Direct Investment (USD mn) 10,300.0 Mar 2024 quarterly Mar 1998 - Mar 2024
Foreign Direct Investment: % of GDP (%) 0.2 Mar 2024 quarterly Mar 1998 - Mar 2024
Foreign Portfolio Investment (USD mn) 45,812.551 Dec 2023 quarterly Mar 1998 - Dec 2023
Foreign Portfolio Investment: % of GDP (%) 1.0 Dec 2023 quarterly Mar 1998 - Dec 2023
Foreign Portfolio Investment: Equity Securities (USD mn) -13,685.6 Dec 2023 quarterly Mar 1998 - Dec 2023
Foreign Portfolio Investment: Debt Securities (USD mn) 59,498.171 Dec 2023 quarterly Mar 1998 - Dec 2023
External Debt (USD mn) 2,447,537.5 Dec 2023 quarterly Jun 2003 - Dec 2023
External Debt: % of GDP (%) 13.7 2023 yearly 1985 - 2023
External Debt: Short Term (USD mn) 1,362,800.0 Dec 2023 quarterly Jun 2003 - Dec 2023
External Debt: Short Term: % of GDP (%) 7.7 2023 yearly 1985 - 2023
Forecast: Current Account Balance (USD bn) 268.682 2029 yearly 1997 - 2029
Net International Investment Position (USD mn) 2,908,204.202 Dec 2023 quarterly Mar 2011 - Dec 2023
BoP: Current Account (CA) (USD mn) 39,200.000 Mar 2024 quarterly Mar 1998 - Mar 2024
BoP: CA: Goods: Export (USD mn) 751,100.000 Mar 2024 quarterly Mar 1998 - Mar 2024
BoP: CA: Goods (USD mn) 121,100.000 Mar 2024 quarterly Mar 1998 - Mar 2024
BoP: CA: Primary Income: Credit (USD mn) 48,800.000 Mar 2024 quarterly Mar 1998 - Mar 2024
BoP: Financial Account (FA) (USD mn) -39,100.000 Mar 2024 quarterly Mar 1998 - Mar 2024
BoP: CA: Services (USD mn) -61,000.000 Mar 2024 quarterly Mar 1998 - Mar 2024
BoP: CA: Secondary Income: Credit (USD mn) 9,200.000 Mar 2024 quarterly Mar 1998 - Mar 2024
BoP: FA: Reserve Asset (USD mn) -43,400.000 Mar 2024 quarterly Mar 1998 - Mar 2024
BoP: CA: Services: Credit (USD mn) 90,000.000 Mar 2024 quarterly Mar 1998 - Mar 2024
BoP: CA: Primary Income (USD mn) -24,300.000 Mar 2024 quarterly Mar 1998 - Mar 2024
BoP: FA: Non-reserve: Liability (USD mn) 43,382.626 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: CA: Secondary Income (USD mn) 3,400.000 Mar 2024 quarterly Mar 1998 - Mar 2024
BoP: CA: Primary Income: Debit (USD mn) -73,100.000 Mar 2024 quarterly Mar 1998 - Mar 2024
BoP: CA: Services: Debit (USD mn) -151,100.000 Mar 2024 quarterly Mar 1998 - Mar 2024
BoP: Net Errors and Omissions (USD mn) -9,555.840 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: FA: Non-reserve: Asset (USD mn) -77,416.174 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: Capital Account: Credit (USD mn) 100.000 Mar 2024 quarterly Mar 1998 - Mar 2024
BoP: FA: Asset (USD mn) -89,936.814 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: Capital Account (USD mn) -81.481 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: FA: Liability (USD mn) 43,382.626 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: Capital Account: Debit (USD mn) -100.000 Mar 2024 quarterly Mar 1998 - Mar 2024
BoP: CA: Debit (USD mn) -859,900.000 Mar 2024 quarterly Mar 1998 - Mar 2024
BoP: CA: Credit (USD mn) 899,100.000 Mar 2024 quarterly Mar 1998 - Mar 2024
BoP: CA: Goods: Import (USD mn) -630,000.000 Mar 2024 quarterly Mar 1998 - Mar 2024
BoP: CA: Secondary Income: Debit (USD mn) -5,800.000 Mar 2024 quarterly Mar 1998 - Mar 2024
BoP: FA: Non-reserve (USD mn) 4,300.000 Mar 2024 quarterly Mar 1998 - Mar 2024
CN: FDI: Utilized: ytd: Manufacturing (USD mn) 41,174.210 Dec 2018 quarterly Dec 1997 - Dec 2018
CN: FDI: Utilized: ytd: Mfg: Comm, Computer & Other Electronic Eq (USD mn) 8,408.270 Dec 2018 quarterly Mar 1999 - Dec 2018
CN: FDI: Utilized: ytd: Wholesale and Retail Trade (USD mn) 9,766.890 Dec 2018 quarterly Mar 2001 - Dec 2018
CN: FDI: Utilized: ytd: Real Estate (USD mn) 22,467.400 Dec 2018 quarterly Dec 1997 - Dec 2018
CN: FDI: Utilized: ytd: Leasing and Commercial Service (USD mn) 18,874.590 Dec 2018 quarterly Mar 2001 - Dec 2018
Outward Investment: Asia: Singapore (USD mn) 8,295.380 2022 yearly 2003 - 2022
Outward Investment: Latin America: Cayman Islands (USD mn) 5,762.380 2022 yearly 2003 - 2022
Outward Investment: Latin America: British Virgin Islands (USD mn) 9,115.950 2022 yearly 2003 - 2022
Outward Investment: Leasing and Commercial Service (USD mn) 33,700.000 2023 yearly 2003 - 2023
Outward Investment: Manufacturing (USD mn) 27,900.000 2023 yearly 2003 - 2023
Outward Investment: Information Transmission, Software and Information Technolog... (USD mn) 4,900.000 2023 yearly 2003 - 2023
Outward Investment: Wholesale and Retail Trade (USD mn) 29,200.000 2023 yearly 2003 - 2023
Outward Investment: Financial Intermediation (USD mn) 17,720.000 2023 yearly 2006 - 2023
Outward Investment: Hong Kong (USD mn) 97,534.230 2022 yearly 2003 - 2022
Outward Investment: United States (USD mn) 7,292.080 2022 yearly 2003 - 2022
Industrial Enterprise: No of Loss Making Enterprise (Unit) 158,834.000 Apr 2024 monthly Jan 1995 - Apr 2024
No of Business Entity: New Registration: ytd: Company (Unit mn) 9.040 Dec 2021 monthly Dec 2008 - Dec 2021
QFII: No of Institution: accumulated (Unit) 281.000 Apr 2015 monthly May 2003 - Apr 2015
QFII: Approved Investment Fund: accumulated (USD mn) 116,259.000 May 2020 monthly Jun 2003 - May 2020
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.6 Mar 2024 quarterly Mar 2005 - Mar 2024
Household Debt: % of GDP (%) 63.3 Mar 2023 quarterly Mar 2007 - Mar 2023
Non-Performing Loans (USD mn) 441,007.303 Jun 2022 quarterly Mar 2005 - Jun 2022
Money Supply M1 (USD mn) 9,472,189.749 Dec 2023 monthly Jan 1997 - Dec 2023
Money Supply M2 (USD mn) 41,556,514.880 Dec 2023 monthly Jan 1997 - Dec 2023
M2 Growth (%) 7.2 Apr 2024 monthly Mar 1997 - Apr 2024
Reserve Requirement Ratio (%) 7.0 May 2024 monthly Jan 1985 - May 2024
Foreign Exchange Reserves (USD mn) 3,200,831.0 Apr 2024 monthly Jan 1989 - Apr 2024
Foreign Exchange Reserves: Months of Import (NA) 14.5 Apr 2024 monthly Jan 2000 - Apr 2024
Gold Reserves (USD mn) 167,957.000 Apr 2024 monthly Dec 1977 - Apr 2024
Total Deposits (USD mn) 40,273,645.806 Apr 2024 monthly Jan 1997 - Apr 2024
Total Deposits Growth (%) 6.6 Apr 2024 monthly Jan 1998 - Apr 2024
Domestic Credit (USD mn) 46,524,476.9 Apr 2024 monthly Jun 1999 - Apr 2024
Domestic Credit Growth (%) 9.0 Apr 2024 monthly Jun 2000 - Apr 2024
Debt Service Ratio: Private Non-Financial Sector (%) 21.600 Sep 2023 quarterly Mar 1999 - Sep 2023
Credit to Households (USD bn) 10,659.804 Sep 2023 quarterly Mar 2006 - Sep 2023
Credit to Private Non-Financial Sector (USD bn) 39,191.732 Sep 2023 quarterly Dec 1985 - Sep 2023
Household Debt (USD mn) 11,176,448.4 Apr 2024 monthly Jan 2007 - Apr 2024
Total Loans (USD mn) 34,223,528.957 Apr 2024 monthly Jan 1997 - Apr 2024
Total Loans Growth (%) 9.56 Apr 2024 monthly Jan 1998 - Apr 2024
Private Debt: % of Nominal GDP (%) 200.56 Mar 2024 quarterly Dec 1992 - Mar 2024
Business and Economic Survey Last Frequency Range
Trade Policy Uncertainty Index (Index) 105.037 Apr 2024 monthly Jan 2000 - Apr 2024
Business Confidence Growth (% Point) 1.4 May 2024 monthly Jan 2006 - May 2024
Lagging Index (2015=100) 99.353 Feb 2020 monthly Jan 2001 - Feb 2020
Coincident Index (2015=100) 76.044 Feb 2020 monthly Jan 2001 - Feb 2020
Leading Index (2015=100) 92.852 Feb 2020 monthly Jan 2001 - Feb 2020
5000 Indu Enterprises: DI: General Business Condition (%) 49.700 Mar 2024 quarterly Jun 1992 - Mar 2024

More Indicators for China

Request a demo of CEIC

CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.

Request a demo
Please note, product demos are not available for students. Please click here to find out more about the version of CEIC available for student users.
Unlimited access tailored to your data needs
Flexible monthly access to CEIC data