China Public Consumption: % of GDP

Key information about China Public Consumption: % of GDP

• China Public Consumption accounted for 16.5 % of its Nominal GDP in Dec 2023, compared with a share of 16.1 % in the previous year.
• China Public Consumption share of Nominal GDP ratio is updated yearly, available from Dec 1952 to Dec 2023, with an average number of 13.8 %.
• The data reached an all-time high of 16.9 % in Dec 2020 and a record low of 8.7 % in Dec 1959.

CEIC calculates Government Consumption as % of Nominal GDP from annual Government Consumption Expenditure and annual Nominal GDP. The National Bureau of Statistics provides Government Consumption Expenditure in local currency and Nominal GDP in local currency.


Related information about China Public Consumption: % of GDP

• In the latest reports, China GDP expanded 4.5 % YoY in Mar 2023.
• China Nominal GDP reached 4,166.8 USD bn in Mar 2023.
• Its GDP deflator (implicit price deflator) increased 0.4 % in Mar 2023.
• China GDP Per Capita reached 12,621.7 USD in Dec 2023.
• Its Gross Savings Rate was measured at 44.3 % in Dec 2023.
• For Nominal GDP contributions, Investment accounted for 42.1 % in Dec 2023.
• Private Consumption accounted for 39.2 % in Dec 2023.

View China's Public Consumption: % of GDP from 1952 to 2023 in the chart:

What was China's Public Consumption: % of GDP in 2023?

China Public Consumption accounted for 16.5 % of its Nominal GDP in Dec 2023, compared with a share of 16.1 % in the previous year. See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
16.5 2023	16.1 2022	8.7 1959	16.9 2020	%	yearly	1952 - 2023

Public Consumption: % of GDP by Country Comparison

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