China's share of global gross domestic product (GDP) 2010-2026
The graph shows China's share in global gross domestic product adjusted for purchasing-power-parity until 2020, with a forecast until 2026. In 2020, China's share was about 18.34 percent.
China is the largest importer and exporter of goods in the world and is also among the largest manufacturing economies in the world. The country also ranges among the world's largest agricultural producers and consumers. It relies heavily on intensive agricultural practices and is the world's largest producer of pigs, chickens, and eggs. Livestock production has been heavily emphasized since the mid-1970s. China’s chemical industry has also seen growth with a heavy focus on fertilizers, plastics, and synthetic fibers. China's use of chemical fertilizers amounted to approximately 54 million metric tons in 2019.
China's global GDP share
Due to the introduction of capitalist market principles in 1978, China's economic market began to show immense change and growth. China's real GDP growth is expected at 5.6 percent in 2022. China's per capita GDP is also expected to continue to grow, reaching 10,484 U.S. dollars in 2020. Comparatively, Luxembourg and Switzerland have some of the world’s largest GDP per capita with 109,602 U.S. dollars and 81,867 U.S. dollars, respectively, as of 2020.China is the largest importer and exporter of goods in the world and is also among the largest manufacturing economies in the world. The country also ranges among the world's largest agricultural producers and consumers. It relies heavily on intensive agricultural practices and is the world's largest producer of pigs, chickens, and eggs. Livestock production has been heavily emphasized since the mid-1970s. China’s chemical industry has also seen growth with a heavy focus on fertilizers, plastics, and synthetic fibers. China's use of chemical fertilizers amounted to approximately 54 million metric tons in 2019.
