But China’s present debt-to GDP ratio is one of the highest in the world. State Administration of Foreign Exchange, China, China Services Growth at 7-Year High: NBS, China Manufacturing Expands for 8th Month: NBS, China Industrial Profits Drop at Softer Pace, Asia Pacific Shares End Lower on Coronavirus Worries, China House Prices Slow to Over 4-1/2-Year Low, China Retail Sales Rise the Most So Far in 2020, Dollar Up for 3rd Day to Book Best Week in a Month, US Stocks Plunge, Book Worst Week Since March, TSX Drops on Friday, Books 4.5% Weekly Loss, Brent Crude Down for 3rd Day to Book Biggest Weekly Loss since April. The Gross Domestic Product (GDP) in China was worth 14342.90 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. The Trading Economics Application Programming Interface (API) provides direct access to our data. In comparison, China's GDP per capita reached about 9.6 thousand dollars in the same year. These factors are now considerably slowing growth. GDP (current US$) - China. Download historical data for 20 million indicators using your browser. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Japan Nominal GDP: $5.15 trillion- Japan GDP (PPP): $5.75 trillion. As the second-largest economy in the world, China has seen an average growth rate … So, the nation relies heavily on exports. China's economy is picking up steam as the country continues to dig its way out of the turmoil caused by the coronavirus pandemic. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. Publish your articles and forecasts in our website. China’s government is facing the necessity of instituting delicate economic reforms. Direct access to our calendar releases and historical data. Its domestic consumer demand is low. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. China GDP: economy grew by 4.9 per cent in third quarter of 2020 China’s growth picks up from 3.2 per cent in the second quarter and a contraction of 6.8 per cent in the first quarter of 2020 In 2018, China's gross domestic product was around 13.41 trillion U.S. dollars. Japan. World Bank national accounts data, and OECD National Accounts data files. China. 1980-2019 Data | 2020-2022 Forecast | Historical. Current Account to GDP in China averaged 2.14 percent from 1980 until 2019, reaching an all time high of 10.10 percent in 2007 and a record low of -3.70 percent in 1985. Japan is the third-largest … The GDP value of China represents 11.81 percent of the world economy. China recorded a Current Account surplus of 1 percent of the country's Gross Domestic Product in 2019.
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