The Chinese economy expanded by a seasonally adjusted 1.5 percent on quarter in the three months to September 2019, following a 1.6 percent growth in the previous period and matching market consensus. GDP Growth Rate in China averaged 1.77 percent from 2010 until 2019, reaching an all time high of 2.40 percent in the first quarter of 2011 and a record low of 1.40 percent in the first quarter of 2016. source: National Bureau of Statistics of China

GDP Growth Rate in China is expected to be 1.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Rate in China to stand at 1.30 in 12 months time. In the long-term, the China GDP Growth Rate is projected to trend around 1.30 percent in 2020, according to our econometric models.

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China GDP Growth Rate
Calendar GMT Actual Previous Consensus TEForecast
2019-01-21 02:00 AM GDP Growth Rate QoQ Q4 1.5% 1.6% 1.5% 1.5%
2019-04-17 02:00 AM GDP Growth Rate QoQ Q1 1.4% 1.5% 1.4% 1.4%
2019-07-15 02:00 AM GDP Growth Rate QoQ Q2 1.6% 1.4% 1.5% 1.4%
2019-10-18 02:00 AM GDP Growth Rate QoQ Q3 1.5% 1.6% 1.5% 1.2%
2020-01-24 02:00 AM GDP Growth Rate QoQ Q4 1.5% 1.4%
2020-04-17 02:00 AM GDP Growth Rate QoQ Q1 1.4%
2020-07-15 02:00 AM GDP Growth Rate QoQ Q2 1.3%



China Economy Grows 1.5% QoQ in Q3

The Chinese economy expanded by a seasonally adjusted 1.5 percent on quarter in the three months to September 2019, following a 1.6 percent growth in the previous period and matching market consensus.

Year-on-year, the economy grew 6.0 percent in the September quarter, slowing from a 6.2 percent expansion in the previous quarter and compared with market expectations of 6.1 percent. It was the lowest growth rate since the first quarter of 1992, amid persistent trade tensions with the US, weakening global demand and alarming off-balance-sheet borrowings by local governments.


Statistics China l Rida Husna | rida@tradingeconomics.com
10/18/2019 3:50:32 AM



China GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.50 1.60 2.40 1.40 percent [+]
GDP Annual Growth Rate 6.00 6.20 15.40 3.80 percent [+]
GDP 13608.15 12143.49 13608.15 47.21 USD Billion [+]
Gross National Product 896915.60 820099.50 896915.60 679.10 CNY HML [+]
Gross Fixed Capital Formation 380771.80 349368.80 380771.80 80.70 CNY HML [+]
GDP per capita 7755.00 7308.10 7755.00 132.30 USD [+]
GDP per capita PPP 16186.80 15254.00 16186.80 1522.00 USD [+]
GDP Constant Prices 697798.00 450933.20 900309.50 5262.80 CNY HML [+]
GDP From Agriculture 43005.00 23207.00 64734.00 649.30 CNY HML [+]
GDP From Construction 45134.00 27465.60 61808.00 181.90 CNY HML [+]
GDP From Manufacturing 233457.00 152993.70 305160.00 2207.80 CNY HML [+]
GDP From Services 376925.00 247742.60 469574.60 2212.70 CNY HML [+]
GDP From Transport 31894.00 20494.80 40550.00 393.20 CNY HML [+]


China GDP Growth Rate

In China, the growth rate in GDP measures the change in the seasonally adjusted value of the goods and services produced by the Chinese economy during the quarter. As China’s traditional growth engines of manufacturing and construction are slowing down, services have emerged as the new driver. In the last few quarters strength in services and consumption helped to offset weaker manufacturing and exports. . This page provides - China GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. China GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on December of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1.50 1.60 2.40 1.40 2010 - 2019 percent Quarterly
SA




Country Last Previous
Indonesia 3.06 Sep/19 4.2
Singapore 2.10 Sep/19 -2.7
United States 2.10 Sep/19 2
China 1.50 Sep/19 1.6
India 1.00 Jun/19 1.3
Brazil 0.60 Sep/19 0.5
Australia 0.40 Sep/19 0.6
Japan 0.40 Sep/19 0.5
Netherlands 0.40 Sep/19 0.4
South Korea 0.40 Sep/19 1
Spain 0.40 Sep/19 0.4
Switzerland 0.40 Sep/19 0.3
Turkey 0.40 Sep/19 1
Canada 0.30 Sep/19 0.9
France 0.30 Sep/19 0.3
United Kingdom 0.30 Sep/19 -0.2
Euro Area 0.20 Sep/19 0.2
Russia 0.20 Jun/19 0.2
Germany 0.10 Sep/19 -0.2
Italy 0.10 Sep/19 0.1
Mexico 0.00 Sep/19 -0.1
Argentina -0.30 Jun/19 0
South Africa -0.60 Sep/19 3.2
Saudi Arabia -0.70 Jun/19 -1.9


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