GDP From Services in China decreased to 122680 CNY HML in the first quarter of 2020 from 534233.10 CNY HML in the fourth quarter of 2019.

GDP From Services in China averaged 97552.05 CNY HML from 1992 until 2020, reaching an all time high of 534233.10 CNY HML in the fourth quarter of 2019 and a record low of 2212.70 CNY HML in the first quarter of 1992. This page provides - China Gdp From Services- actual values, historical data, forecast, chart, statistics, economic calendar and news. China GDP Tertiary Industry - values, historical data and charts - was last updated on July of 2020. source: National Bureau of Statistics of China

GDP From Services in China is expected to be 399018.00 CNY HML by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP From Services in China to stand at 128937.00 in 12 months time. In the long-term, the China GDP Tertiary Industry is projected to trend around 583895.00 CNY HML in 2021 and 618345.00 CNY HML in 2022, according to our econometric models.

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China GDP Tertiary Industry

Actual Previous Highest Lowest Dates Unit Frequency
122680.00 534233.10 534233.10 2212.70 1992 - 2020 CNY HML Quarterly
Current Prices, NSA, CMLV

China GDP Last Previous Highest Lowest Unit
GDP Growth Rate -9.80 1.50 2.60 -9.80 percent [+]
GDP Annual Growth Rate -6.80 6.00 15.30 -6.80 percent [+]
GDP 14342.90 13894.82 14342.90 47.21 USD Billion [+]
Gross National Product 988528.90 896915.60 988528.90 679.10 CNY HML [+]
Gross Fixed Capital Formation 422018.80 380771.80 422018.80 80.70 CNY HML [+]
GDP per capita 8254.30 7807.00 8254.30 132.10 USD [+]
GDP per capita PPP 16116.70 15243.20 16116.70 1423.70 USD [+]
GDP From Agriculture 10186.00 70466.70 70466.70 649.30 CNY HML [+]
GDP From Construction 9378.00 70904.30 70904.30 181.90 CNY HML [+]
GDP From Manufacturing 64642.00 317108.70 317108.70 2207.80 CNY HML [+]
GDP From Services 122680.00 534233.10 534233.10 2212.70 CNY HML [+]
GDP From Transport 7865.00 42802.10 42802.10 393.20 CNY HML [+]
GDP Constant Prices 206504.00 990865.10 990865.10 5262.80 CNY HML [+]


China GDP Tertiary Industry
The Tertiary sector accounts for around 44 percent of total output in China and consist of Wholesale and Retail Trades; Transport, Storage, and Post; Financial Intermediation; Real Estate; Hotel and Catering Services and Others. The value is cumulative.