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

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

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China Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -5.0 Jun 2024 quarterly Dec 1995 - Jun 2024
Consolidated Fiscal Balance (USD mn) -88,450.507 Aug 2024 monthly Jan 1995 - Aug 2024
Tax Revenue (USD mn) 137,376.705 Aug 2024 monthly Jan 1995 - Aug 2024
Tax Revenue: % of GDP (%) 14.0 Jun 2024 quarterly Mar 1995 - Jun 2024
National Government Debt (USD mn) 4,229,996.2 2023 yearly 2005 - 2023
Government Debt: % of GDP (%) 24.0 Mar 2024 quarterly Mar 2014 - Mar 2024
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) 1,102,100.000 Mar 2024 quarterly Jun 2003 - Mar 2024
Foreign Debts: Qtr: Total (USD mn) 2,512,616.329 Mar 2024 quarterly Jun 2003 - Mar 2024
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) 91,021.6 Aug 2024 monthly Jan 1992 - Aug 2024
Total Exports (USD mn) 308,647.3 Aug 2024 monthly Jan 1992 - Aug 2024
Total Exports Growth (%) 28.1 Oct 2021 monthly May 2009 - Oct 2021
Aluminum: Exports (USD th) 19,159,160.685 2023 yearly 1995 - 2023
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) 217,625.7 Aug 2024 monthly Jan 1992 - Aug 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) 47,254.287 Aug 2024 monthly Jan 1981 - Aug 2024
Total Imports from USA (USD mn) 13,441.322 Aug 2024 monthly Jan 1981 - Aug 2024
Trade Index: Export: Quantum (Prev Year=100) 114.300 Jul 2024 monthly Jan 2005 - Jul 2024
Trade Index: Export: Value (Prev Year=100) 106.500 Jul 2024 monthly Jan 2005 - Jul 2024
Trade Index: Export: Unit Value (Prev Year=100) 93.100 Jul 2024 monthly Jan 2005 - Jul 2024
Trade Index: Import: Value (Prev Year=100) 106.600 Jul 2024 monthly Jan 2005 - Jul 2024
Trade Index: Import: Unit Value (Prev Year=100) 103.700 Jul 2024 monthly Jan 2005 - Jul 2024
Trade Index: Import: Quantum (Prev Year=100) 102.700 Jul 2024 monthly Jan 2005 - Jul 2024
Automobile: Exports: Total (USD mn) 19,500.888 Aug 2024 monthly Jan 2003 - Aug 2024
Automobile: Exports: MC: Bus (USD mn) 2,802.638 Aug 2024 monthly Jan 2003 - Aug 2024
Automobile: Exports: MC: Sedan (USD mn) 1,926.635 Aug 2024 monthly Jan 2003 - Aug 2024
Automobile: Exports: Motorcycle (USD mn) 762.674 Aug 2024 monthly Mar 2003 - Aug 2024
Automobile: Imports: Total (USD mn) 6,918.053 Aug 2024 monthly Jan 2003 - Aug 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) 45.830 Aug 2024 monthly Jan 2002 - Aug 2024
CN: Steel: Import: Steel Product: Sheet & Plate (Ton th) 422.335 Aug 2024 monthly Jan 2002 - Aug 2024
Export Value Index (2015=100) 147.961 2021 yearly 1980 - 2021
Import Value Index (2015=100) 160.079 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 70,800.0 Jun 2024 quarterly Mar 1998 - Jun 2024
Current Account Balance (USD mn) 54,900.0 Jun 2024 quarterly Mar 1998 - Jun 2024
Current Account Balance: % of GDP (%) 1.2 Jun 2024 quarterly Mar 1998 - Jun 2024
Foreign Direct Investment (USD mn) -14,800.0 Jun 2024 quarterly Mar 1998 - Jun 2024
Foreign Direct Investment: % of GDP (%) -0.3 Jun 2024 quarterly Mar 1998 - Jun 2024
Foreign Portfolio Investment (USD mn) 32,214.066 Mar 2024 quarterly Mar 1998 - Mar 2024
Foreign Portfolio Investment: % of GDP (%) 0.8 Mar 2024 quarterly Mar 1998 - Mar 2024
Foreign Portfolio Investment: Equity Securities (USD mn) -4,687.4 Mar 2024 quarterly Mar 1998 - Mar 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 36,901.496 Mar 2024 quarterly Mar 1998 - Mar 2024
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) 2,961,830.241 Mar 2024 quarterly Mar 2011 - Mar 2024
BoP: Current Account (CA) (USD mn) 54,900.000 Jun 2024 quarterly Mar 1998 - Jun 2024
BoP: CA: Credit (USD mn) 1,002,100.000 Jun 2024 quarterly Mar 1998 - Jun 2024
BoP: CA: Debit (USD mn) -947,300.000 Jun 2024 quarterly Mar 1998 - Jun 2024
BoP: CA: Goods (USD mn) 167,100.000 Jun 2024 quarterly Mar 1998 - Jun 2024
BoP: CA: Goods: Export (USD mn) 828,400.000 Jun 2024 quarterly Mar 1998 - Jun 2024
BoP: CA: Services (USD mn) -61,700.000 Jun 2024 quarterly Mar 1998 - Jun 2024
BoP: CA: Goods: Import (USD mn) -661,400.000 Jun 2024 quarterly Mar 1998 - Jun 2024
BoP: CA: Services: Credit (USD mn) 87,900.000 Jun 2024 quarterly Mar 1998 - Jun 2024
BoP: CA: Services: Debit (USD mn) -149,500.000 Jun 2024 quarterly Mar 1998 - Jun 2024
BoP: CA: Primary Income (USD mn) -53,200.000 Jun 2024 quarterly Mar 1998 - Jun 2024
BoP: CA: Primary Income: Credit (USD mn) 77,500.000 Jun 2024 quarterly Mar 1998 - Jun 2024
BoP: CA: Secondary Income (USD mn) 2,700.000 Jun 2024 quarterly Mar 1998 - Jun 2024
BoP: CA: Primary Income: Debit (USD mn) -130,700.000 Jun 2024 quarterly Mar 1998 - Jun 2024
BoP: CA: Secondary Income: Debit (USD mn) -5,700.000 Jun 2024 quarterly Mar 1998 - Jun 2024
BoP: CA: Secondary Income: Credit (USD mn) 8,300.000 Jun 2024 quarterly Mar 1998 - Jun 2024
BoP: Capital Account (USD mn) -100.000 Jun 2024 quarterly Mar 1998 - Jun 2024
BoP: Financial Account (FA) (USD mn) -54,800.000 Jun 2024 quarterly Mar 1998 - Jun 2024
BoP: FA: Liability (USD mn) 64,453.381 Mar 2024 quarterly Mar 1998 - Mar 2024
BoP: Capital Account: Credit (USD mn) 53.507 Mar 2024 quarterly Mar 1998 - Mar 2024
BoP: FA: Non-reserve: Asset (USD mn) -95,448.677 Mar 2024 quarterly Mar 1998 - Mar 2024
BoP: FA: Reserve Asset (USD mn) 47,900.000 Jun 2024 quarterly Mar 1998 - Jun 2024
BoP: FA: Non-reserve: Liability (USD mn) 64,453.381 Mar 2024 quarterly Mar 1998 - Mar 2024
BoP: Capital Account: Debit (USD mn) -100.000 Jun 2024 quarterly Mar 1998 - Jun 2024
BoP: FA: Asset (USD mn) -138,860.957 Mar 2024 quarterly Mar 1998 - Mar 2024
BoP: Net Errors and Omissions (USD mn) 35,215.054 Mar 2024 quarterly Mar 1998 - Mar 2024
BoP: FA: Non-reserve (USD mn) -102,700.000 Jun 2024 quarterly Mar 1998 - Jun 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: Latin America: British Virgin Islands (USD mn) 9,115.950 2022 yearly 2003 - 2022
Outward Investment: Latin America: Cayman Islands (USD mn) 5,762.380 2022 yearly 2003 - 2022
Outward Investment: Asia: Singapore (USD mn) 8,295.380 2022 yearly 2003 - 2022
Outward Investment: Leasing and Commercial Service (USD mn) 33,700.000 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: Manufacturing (USD mn) 27,900.000 2023 yearly 2003 - 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) 144,174.000 Jul 2024 monthly Jan 1995 - Jul 2024
No of Business Entity: New Registration: ytd: Company (Unit mn) 9.040 Dec 2021 monthly Dec 2008 - Dec 2021
QFII: Approved Investment Fund: accumulated (USD mn) 116,259.000 May 2020 monthly Jun 2003 - May 2020
QFII: No of Institution: accumulated (Unit) 281.000 Apr 2015 monthly May 2003 - Apr 2015
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.6 Jun 2024 quarterly Mar 2005 - Jun 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) 9,462,529.258 Mar 2024 monthly Jan 1997 - Mar 2024
Money Supply M2 (USD mn) 41,674,362.561 Mar 2024 monthly Jan 1997 - Mar 2024
M2 Growth (%) 6.3 Jul 2024 monthly Mar 1997 - Jul 2024
Reserve Requirement Ratio (%) 7.0 Aug 2024 monthly Jan 1985 - Aug 2024
Foreign Exchange Reserves (USD mn) 3,288,215.0 Aug 2024 monthly Jan 1989 - Aug 2024
Foreign Exchange Reserves: Months of Import (NA) 15.1 Aug 2024 monthly Jan 2000 - Aug 2024
Gold Reserves (USD mn) 182,980.000 Aug 2024 monthly Dec 1977 - Aug 2024
Total Deposits (USD mn) 40,851,599.047 Jul 2024 monthly Jan 1997 - Jul 2024
Total Deposits Growth (%) 6.3 Jul 2024 monthly Jan 1998 - Jul 2024
Domestic Credit (USD mn) 46,786,914.9 May 2024 monthly Jun 1999 - May 2024
Domestic Credit Growth (%) 8.8 May 2024 monthly Jun 2000 - May 2024
Debt Service Ratio: Private Non-Financial Sector (%) 18.700 Dec 2023 quarterly Mar 1999 - Dec 2023
Credit to Households (USD bn) 11,013.152 Dec 2023 quarterly Mar 2006 - Dec 2023
Credit to Private Non-Financial Sector (USD bn) 35,543.850 Dec 2023 quarterly Dec 1985 - Dec 2023
Household Debt (USD mn) 11,223,600.8 Jun 2024 monthly Jan 2007 - Jun 2024
Total Loans (USD mn) 34,783,661.851 Jul 2024 monthly Jan 1997 - Jul 2024
Total Loans Growth (%) 8.74 Jul 2024 monthly Jan 1998 - Jul 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) 140.038 Aug 2024 monthly Jan 2000 - Aug 2024
Business Confidence Growth (% Point) -1.2 Aug 2024 monthly Jan 2006 - Aug 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 (%) 50.800 Jun 2024 quarterly Jun 1992 - Jun 2024

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