cn China 2023

Detailed economic analysis and indicators for 2023

Year 2023

Key Economic Indicators (2023)

GDP (Current USD)

$17.79 trillion

↓ 0.49% vs 2022
GDP per Capita

$12,614.06

↓ 0.38% vs 2022
GDP Growth (Annual %)

5.25%

↑ 2.30pp vs 2022
Inflation Rate (CPI %)

0.23%

↓ 1.74pp vs 2022

Year-over-Year Comparison

Indicator 2022 2023 Change
GDP (Current USD) $17.88 trillion $17.79 trillion -0.49%
GDP per Capita $12,662.58 $12,614.06 -0.38%
GDP Growth (Annual %) 2.95% 5.25% +2.30pp
Inflation (CPI %) 1.97% 0.23% -1.74pp
Unemployment Rate (%) 4.98% 4.67% -0.31pp

All Economic Indicators (2023)

National Accounts
GDP (Current USD)
$17.79 trillion
GDP per Capita
$12,614.06
GDP Growth (Annual %)
5.25%
Gross National Income
$17.65 trillion
Prices & Employment
Inflation (CPI %)
0.23%
Inflation (GDP Deflator %)
-0.58%
Unemployment Rate (%)
4.67%
Interest Rate (Real %)
4.96%
Trade & Investment
Exports (Goods & Services)
N/A
Imports (Goods & Services)
N/A
FDI Inflow
N/A
FDI Outflow
N/A
Balance & Debt
Current Account Balance (% GDP)
1.42%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2023, China's Gross Domestic Product (GDP) is $17.79 trillion. This represents the total value of goods and services produced in the country.

The GDP per capita in China for 2023 is $12,614.06. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in China for 2023 is 0.23%. This measures the annual percentage change in the cost of consumer goods and services.

China's annual GDP growth rate for 2023 is 5.25%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in China for 2023 is 4.67%. This represents the percentage of the labor force that is unemployed and actively seeking employment.