Gross national expenditure in China

China: Gross national expenditure was 18.20 trillion current US$ in 2024. ◆ Volatile

Latest (2024)
18.20 trillion current US$
Change on year
up 1.8%
World rank
2nd
of 185 countries
All-time high
18.20 trillion current US$
in 2024
All-time low
47.59 billion current US$
in 1962
Years of data
65
1960–2024

Gross national expenditure in China, 1960–2024

05.0T10.0T15.0T20.0T196019922024

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.

Analysis

The most recent figure for gross national expenditure in China is 18.20 trillion current US$, measured in 2024. That is the highest value across all 65 years on record.

Compared with earlier readings it is up 1.8% on the previous year and up 73.6% over ten years.

Over the whole period, gross national expenditure in China peaked at 18.20 trillion current US$ in 2024 and was at its lowest, 47.59 billion current US$, in 1962.

That places China 2nd out of 185 countries with data for 2024, putting it in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1960s 62.59 billion current US$ 47.59 billion current US$ 75.24 billion current US$ 10
1970s 137.56 billion current US$ 89.76 billion current US$ 177.14 billion current US$ 10
1980s 265.40 billion current US$ 190.14 billion current US$ 353.57 billion current US$ 10
1990s 673.16 billion current US$ 353.65 billion current US$ 1.07 trillion current US$ 10
2000s 2.49 trillion current US$ 1.19 trillion current US$ 4.96 trillion current US$ 10
2010s 10.47 trillion current US$ 5.92 trillion current US$ 14.44 trillion current US$ 10
2020s 17.26 trillion current US$ 14.75 trillion current US$ 18.20 trillion current US$ 5

Countries ranked near China

  1. 1 United States 30.20 trillion current US$ compare
  2. 3 Germany 4.93 trillion current US$ compare
  3. 4 Japan 4.23 trillion current US$ compare
  4. 5 United Kingdom 4.06 trillion current US$ compare

See the full ranking of 228 places →

More economy & growth data for China

All data for China →

Frequently asked questions

What is gross national expenditure in China?
Gross national expenditure in China was 18.20 trillion current US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest gross national expenditure recorded in China?
The highest recorded value was 18.20 trillion current US$ in 2024.
What is the lowest gross national expenditure recorded in China?
The lowest recorded value was 47.59 billion current US$ in 1962.
How does China rank for gross national expenditure?
China ranks 2nd out of 185 countries with data for 2024.
Is gross national expenditure rising or falling in China?
Over the last ten years it is up 73.6%. The long-run trend across the full record is volatile.
Where does this China data come from?
The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross national expenditure (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Gross national expenditure (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
228 places, 10,837 data points, 1960–2025
Last refreshed

Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross capital formation. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.