China GDP Annual Growth Rate

The Gross Domestic Product (GDP) in China expanded 4.90 percent in the third quarter of 2021 over the same quarter of the previous year. GDP Annual Growth Rate in China averaged 9.23 percent from 1989 until 2021, reaching an all time high of 18.30 percent in the first quarter of 2021 and a record low of -6.80 percent in the first quarter of 2020. In China, Gross Domestic Product is divided by three sectors: Primary, Secondary and Tertiary. The Primary Industry includes Farming, Forestry, Animal Husbandry, and Fishery and accounts for around 9 percent of GDP. The Secondary sector, which includes Industry (40 percent of GDP) and Construction (9 percent of GDP) is the most important. The Tertiary sector accounts for the remaining 44 percent of total output and consist of Wholesale and Retail Trades; Transport, Storage, and Post; Financial Intermediation; Real Estate; Hotel and Catering Services and Others. This page provides — China GDP Annual Growth Rate — actual values, historical data, forecast, chart, statistics, economic calendar and news.

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