China:
GDP (purchasing power parity):
$11.3 trillion (2011 est.)
country comparison to the world: 3
$10.34 trillion (2010 est.)
$9.366 trillion (2009 est.)
note: data are in 2011 US dollars
GDP (official exchange rate):
$7.181 trillion
note: because China’s exchange rate is determine by fiat, rather than by market forces, the official exchange rate measure of GDP is not an accurate measure of China’s output; GDP at the official exchange rate substantially understates the actual level of China’s output vis-a-vis the rest of the world; in China’s situation, GDP at purchasing power parity provides the best measure for comparing output across countries (2011 est.)
GDP – real growth rate:
9.2% (2011est.)
country comparison to the world: 9
10.4% (2010 est.)
9.2% (2009 est.)
GDP – per capita (PPP):
$8,400 (2011 est.)
country comparison to the world: 122
$7,700 (2010 est.)
$7,000 (2009 est.)
note: data are in 2011 US dollars
GDP – composition by sector:
agriculture: 10%
industry: 46.6%
services: 43.3% (2011 est.)
Labor Force:
795.5 million
country comparisson to the world: 1
note: by the end of 2011, population at working age (15-64 years) was 1.0024 (2011 est.)
Labor force – by occupation:
agriculture: 36.7%
industry: 28.7%
services: 34.6% (2008 est.)
Unemployment rate:
6.5% (2011 est.)
country comparison to the world: 68
6.1% (2010 est.)
note: Registered urban unemployment, which excludes private and migrants was 4.1% in 2010.
Population below poverty line:
13.4%
note: In 2011, China set a new poverty line at RMB 2300 (approximately $363; this new standard is significantly higher than the line set in 2009, and as a result,128 million Chinese are now considered below the poverty line (2011).
Household income or consumption by percentage share:
lowest 10%: 3.5%
highest 10%: 15%
note: Data are for urban households only (2008).
Distribution of family income – Gini index:
48 (2009)
country comparison to the world: 27
41.5 (2007)
Investment (gross fixed):
46.2% of GDP (2011 est.)
country comparison to the world: 3
Budget:
revenues: $1.646 trillion
expenditures: $1.729 trillion (2011 est.)
Taxes and other revenues:
22.9% of GDP (2011 est.)
country comparission to the world: 139
Budget Surplus (+) or deficit(-):
-1.2% of GDP (2011 est.)
country comparission to the world: 65
Public debt:
43.5% of GDP (2011 est.)
country comparison to the world: 75
43.5% (2010 est.)
note: Official data; data cover both central government debt and local government debt, which China’s National Audit Office estimated at RMB 10.72 trillion (approximately US$1.66 trillion) in 2011; data exclude policy bank bonds, Ministry of Railway debt, China Asset Management Company debt and non-performing loans.
Inflation Rate (consumer prices):
5.5% (2011 est.)
country comparison to the world: 142
3.2% (2010 est.)
Central bank discount rate:
2.25% (31 December 2011 est.)
country comparison to the world: 100
3.25% (31 December 2010 est.)
Commercial bank prime lending rate:
6.56% (31 December 2011 est.)
country comparison to the world: 145
5.81% (31 December 2010 est.)
Stock of narrow money:
$4.6 trillion (31 December 2011 est.)
country comparison to the world: 43
$4.026 trillion (31 December 2010 est.)
Stock of broad money:
$13.52 trillion (31 December 2011 est.)
country comparison to the world: 2
$10.96 trillion (31 December 2010 est.)
Stock of domestic credit:
$10.92 trillion (31 December 2011 est.)
country comparison to the world: 4
$8.868 trillion (31 December 2010 est.)
Market value of publicly traded shares:
$3.389 trillion (31 December 2011 est.)
country comparison to the world: 3
$4.763 trillion (31 December 2010)
$5.008 trillion (31 December 2009 est.)
Agriculture – products:
World leader in gross value of agricultural output; rice, wheat, potatoes, corn, peanuts, tea, millet, barley, apples, cotton, oilseed; pork; fish.
Industries:
World leader in gross value of industrial output; mining and ore processing, iron, steel, aluminum, and other metals, coal; machine building; armaments; textiles and apparel; petroleum; cement; chemicals; fertilizers; consumer products, including footwear, toys, and electronics; food processing; transportation equipment, including automobiles, rail cars and locomotives, ships, and aircraft; telecommunications equipment, commercial space launch vehicles, satellites.
Industrial production growth rate:
13.9% (2011 est.)
country comparison to the world: 6
Electricity – production:
4.604 trillion kWh (2011)
country comparison to the world: 2
Electricity – consumption:
4.693 trillion kWh (2011)
country comparison to the world: 2
Electricity – exports:
19.06 billion kWh (2010)
country comparison to the world: 9
Electricity – imports:
55.45 billion kWh (2010)
country comparison to the world: 2
Refined petroleum products – production:
7.069 million bbl/day (2008 est.)
country comparison to the world: 4
Refined petroleum products – consumption:
9.79 million bbl/day (2011 est.)
country comparison to the world: 4
Refined petroleum products – exports:
421,300 bbl/day (2011 est.)
country comparison to the world: 19
Refined petroleum products– imports:
1.004 million bbl/day (2008 est.)
country comparison to the world: 6
Crude Oil – proved reserves:
20.35 billion bbl (1 January 2012 est.)
country comparison to the world: 15
Natural gas – production:
102.7 billion cu m (2011 est.)
country comparison to the world: 9
Natural gas – consumption:
130.9 billion cu m (20011 est.)
country comparison to the world: 6
Natural gas – exports:
3.21 billion cu m (2011 est.)
country comparison to the world: 34
Natural gas – imports:
31.37 billion cu m (2011 est.)
country comparison to the world: 14
Natural gas – proved reserves:
3.03 trillion cu m (1 January 2012 est.)
country comparison to the world: 14
Current account balance:
$201.7 billion (2011 est.)
country comparison to the world: 2
$237.8 billion (2010 est.)
Exports:
$1.904 trillion (2011 est.)
country comparison to the world: 1
$1.581 trillion (2010 est.)
Exports – commodities:
Electrical and other machinery, including data processing equipment, apparel, textiles, iron and steel, optical and medical equipment.
Exports – partners:
US 17.1%, Hong Kong 14.1%, Japan 7.8%, South Korea 4.4%, Germany 4.% (2011)
Imports:
$1.66 trillion (2011 est.)
country comparison to the world: 3
$1.327 billion (2010 est.)
Imports – commodities:
Electrical and other machinery, oil and mineral fuels, optical and medical equipment, metal ores, plastics, organic chemicals.
Imports – partners:
Japan 11.2%, South Korea 9.3%, US 6.8%, Germany 5.3%, Australia 4.6% (2011)
Reserves of foreign exchange and gold:
$3.213 trillion (2011 est.)
country comparison to the world: 1
$2.876 trillion (2010 est.)
Debt – external:
$656.3 billion (31 December 2011 est.)
country comparison to the world: 19
$548.6 billion (31 December 2010 est.)
Stock of direct foreign investment – at home:
$711.8 billion (31 December 2011 est.)
country comparison to the world: 7
$587.8 billion (31 December 2010 est.)
Stock of direct foreign investment – abroad:
$366 billion (31 December 2011 est.)
country comparison to the world: 15
$298.4 billion (31 December 2010 est.)
Exchange rates:
Renminbi yuan (RMB) per US dollar – 6.4615 (2011), 6.7703 (2010), 6.8314 (2009), 6.9385 (2008), 7.61 (2007)
Source: The World Factbook