China's gross domestic product grew by 8.1 percent in 2021, accelerating from a 2.2 percent expansion in 2020 and beating the government’s target of “above 6 percent”. Still, GDP quarterly data suggested that the recovery in the world's No 2 economy is slowing, amid a continued downturn in the property sector, uncertainty from the Omicron variant, and a tumbling birth rate. source: National Bureau of Statistics of China
Full Year GDP Growth in China averaged 9.24 percent from 1992 until 2021, reaching an all time high of 14.30 percent in 1992 and a record low of 2.20 percent in 2020. This page includes a chart with historical data for China Full Year GDP Growth. China Full Year GDP Growth - data, historical chart, forecasts and calendar of releases - was last updated on November of 2022.
Full Year GDP Growth in China is expected to reach 3.00 percent by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the China Full Year GDP Growth is projected to trend around 4.80 percent in 2023 and 5.00 percent in 2024, according to our econometric models.