China GDP Per Capita 2024

[ Nominal GDP Per Capita in USD ]

Year -

$18,743.80

Source: world bank Nominal/PPP
Summary:

China GDP Per Capita expanded from 1960 to 2024, increasing from $59.85 to $18,743.80 .The compound annual growth rate (CAGR) averaged 9.39% over the period. The economy recorded its peak level in 2024 and its lowest level in 1962. Growth volatility remained high. The maximum drawdown reached 20.95%, indicating the largest cyclical decline from peak levels. The country experienced 6 recession episode(s) during the observed period.

Latest GDP Per Capita of China 2024 – Nominal vs PPP

MetricNominal GDP (Current USD)GDP (PPP, Int$)
Latest Year20242024
Latest GDP Per Capita$ 18,743.80 dollars$ 38,190.10 Int dollars
Growth (YoY)2.591%7.516%
Net Change vs Previous Year$ 473.40 dollars$ 2,669.70 Int dollars
% of World GDP Per Capita16.89%19.22%
MeaningNominal GDP Per Capita (Current USD, exchange-rate based)GDP (PPP, cost-of-living adjusted)
China GDP | China GDP Growth

China Annual GDP Per Capita From 1960 to 2024

Source: Worldbank Nominal PPP

NominalPPP
YearDollar $Net Chg $% ChgInt $Net Chg $% Chg
196059.85-----
196150.16-9.68-16.181 %---
196247.31-2.85-5.685 %---
196350.813.57.401 %---
196459.829.0117.731 %---
196570.5710.7417.96 %---
196676.856.298.911 %---
196773.01-3.84-5 %---
196870.98-2.03-2.782 %---
196979.858.8712.493 %---
197092.7512.9116.162 %---
197199.967.217.769 %---
1972113.8713.9113.919 %---
1973138.7624.8921.86 %---
1974144.425.654.075 %---
1975163.6919.2713.343 %---
1976154.2-9.49-5.798 %---
1977175.2321.0313.638 %---
1978149.79-25.44-14.517 %---
1979178.5728.7919.217 %---
1980191.4912.917.232 %---
1981196.224.732.47 %---
1982205.489.264.721 %---
1983231.1325.6512.482 %---
1984260.4429.3112.682 %---
1985310.0749.6219.053 %---
1986301.31-8.76-2.824 %---
1987273.46-27.86-9.245 %---
1988312.8939.4314.421 %---
1989348.3835.4911.343 %---
1990361.5613.183.783 %1124.71--
1991384.5122.956.347 %1271.6146.8913.06 %
1992428.543.9911.441 %1486.56214.9616.905 %
1993446.5618.064.214 %1733.77247.2116.63 %
1994566.93120.3726.956 %2002.28268.5115.487 %
1995738.19171.2630.208 %2269.8267.5213.361 %
1996868.52130.3317.656 %2541.94272.1411.99 %
1997967.7599.2311.425 %2825.93283.9911.172 %
19981037.1369.387.169 %3084.04258.119.134 %
19991103.8466.716.432 %3369.67285.639.262 %
20001223.75119.9110.863 %3741.89372.2211.046 %
20011355.04131.2910.728 %4144.2402.3110.752 %
20021489.82134.789.947 %4597.62453.4210.941 %
20031683.9194.0813.027 %5162.77565.1512.292 %
20041984.2300.317.834 %5838.73675.9613.093 %
20052317.55333.3516.8 %6711.79873.0614.953 %
20062791.5473.9520.45 %7795.71083.9116.149 %
20073604.06812.5629.108 %9139.881344.1817.243 %
20084667.351063.2929.503 %10216.91077.0211.784 %
20095189.58522.2311.189 %11246.51029.610.077 %
20106192.561002.9819.327 %12589.31342.811.94 %
20117671.761479.223.887 %14064.81475.511.72 %
20128673.661001.913.06 %15465.21400.49.957 %
20139743.121069.4612.33 %16670.212057.792 %
201410674.5931.389.559 %17754.11083.96.502 %
201511280.8606.35.68 %18577.5823.44.638 %
201611456175.21.553 %19647.31069.85.759 %
201712537.61081.69.441 %20974.61327.36.756 %
201814147.81610.212.843 %22862.51887.99.001 %
201914560.2412.42.915 %24777.61915.18.377 %
202014996.4436.22.996 %25777.2999.64.034 %
202118201.73205.321.374 %29438.2366114.202 %
202218316.8115.10.632 %32525.53087.310.487 %
202318270.4-46.4-0.253 %35520.42994.99.208 %
202418743.8473.42.591 %38190.12669.77.516 %

China Economic Phases (1960 - 2024)

From 1960 to 2024, China economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.

  • High Growth (1963–1966) indicating robust economic expansion
  • Contraction (1967–1968) indicating temporary slowdown
  • High Growth (1969–1973) indicating robust economic expansion
  • High Growth (1979–1980) indicating robust economic expansion
  • Expansion (1981–1982) indicating steady moderate growth
  • High Growth (1983–1985) indicating robust economic expansion
  • Contraction (1986–1987) indicating temporary slowdown
  • High Growth (1988–1989) indicating robust economic expansion
  • High Growth (1991–1992) indicating robust economic expansion
  • High Growth (1994–2015) indicating robust economic expansion
  • High Growth (2017–2018) indicating robust economic expansion
  • Expansion (2019–2020) indicating steady moderate growth
  • Expansion (2024–2024) indicating steady moderate growth

The most remarkable growth occurred in 1995 with an increase of 30.208%, while the largest decline was in 1961 at -16.181%.