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From 1979 until 2010, China's average annual GDP growth was 9.91%, reaching a historical high of 15.2% in 1984 and a record low of 3.8% in 1990. Based on the current price, the country's average annual GDP growth in these 32 years was 15.8%, reaching an historical high of 36.41% in 1994 and a record low of 6.25% in 1999.
China implemented economic reform in 1978, and from 1979 to 2023, the country's GDP growth rate grew by an average of 8.93% per year in the 45 years since its implementing economic reform. According to preliminary data released by the authorities, China's GDP in 2023 was CN￥126.06 trillion (US$ 17.89 trillion [ 30 ] ) with a real increase of ...
China has been the fastest growing economy in the world since the 1980s, with an average annual growth rate of 10% from 1978 to 2005, based on government statistics. Its GDP reached US$2.286 trillion in 2005. [3] Since the end of the Maoist period in 1978, China has been transitioning from a state dominated planned socialist economy to a mixed ...
The People’s Bank of China said it cut the lending rate for one-year medium term policy loans by 20 basis points to 2.3%. That is the biggest rate cut since China's economy was slammed by the ...
The annual GDP per capita growth in % according to the World Bank is shown for last available year: [ 1] Country. GDP per capita. growth (annual %) Year. Afghanistan. -8.6. 2022. Albania.
Countries by Real GDP Growth Rate in 2023 (Data from IMF WEO Database, April 2024) This article includes a lists of countries and dependent territories sorted by their real gross domestic product growth rate; the rate of growth of the value of all final goods and services produced within a state in a given year.
[7] [8] Since China's transition to a socialist market economy through controlled privatisation and deregulation, [9] [10] the country has seen its ranking increase from ninth in 1978, to second in 2010; China's economic growth accelerated during this period and its share of global nominal GDP surged from 2% in 1980 to 18% in 2021.
List of countries by past and projected GDP (PPP) List of countries by past and projected GDP (PPP) per capita; List of countries by GDP (PPP) per person employed; List of countries by real GDP growth rate; List of countries by GDP (real) per capita growth rate; List of countries by GDP growth 1980–2010; List of countries by GDP sector ...