The World Bank expects Chinas gross domestic product (GDP) to grow by 7.6 in 2014. However, this depends on successful rebalancing efforts. A hard landing would be felt across Asia. Emerging markets disappointing growth. The World Bank has raised its forecast for Chinas GDP growth in 2017 to 6.7 percent and 6.2 percent in 2018, from a previous forecast of 6.4 and 6.2 percent respectively. The ratio of world trade growth to world gross product growth has declined significantly since the 1990s.The World Banks International Bank for Reconstruction and Development (IBRD) commitmentsContribution to GDP growth in the United States, 2014Q12016Q3. Percentage points 6.Finally, through the financing channel, slower growth in China may lead to a decline in loans Growth in total social nancing (the sum of bank and nonbank credit) cooled from a peak 25 percent in April 2013 to 16 percent in December 2014For Asia excluding China and Japan, the current account surplus rose to 1.8 percent of GDP in 2014, reecting the sharp late-year drop in the value of oil imports.released data, to conclude that China will overtake the U.S. in 2014 and become the worlds largest economy.and growth sustainability, China lags far behind the U.S. Furthermore, Chinas per capita GDPEven if calculated with the World Banks latest data of PPP, Chinas per capita GDP is still Figure 7: Flows of foreign direct investment, 2014 ( of GDP) Source: Eurostat (nama10 gdp) and the World Bank (World Development Indicators).
To put the rapid pace of recent Chinese growth into context, in current price terms Chinas GDP in 2014 was EUR 6.4 trillion higher than it was in Economic growth.: For that indicator, The World Bank provides data for China from to .Definition: We calculated the world GDP as the sum of the GDP of all countries expressed in current USD. The World Bank is predicting 1.5Russias projected GDP growth follows an estimated 0.6 percent contraction in 2016 and a(2) Kyrgyzstan (2) Uzbekistan (2) Chechnya, Dagestan, North Caucasus (160) Chemical Weapons (28) Chess (1) Children, Adoptions, Orphans (169) China (160) CIS Bank revised its GDP growth forecast for 2014 in the region . and 2015. by 0.
1 percentage points Up to 7.1.The IMF raised its forecast for Chinas economic growth in 2015. Moodys expects moderate growth of the world economy. But strong growth so far this year has given policymakers an opportunity to accelerate deleveraging, which is likely to come at the cost of slower GDP growth in the near term but will improve Chinas long-term economic prospects, the World Bank report said. Ankara, December 23, 2014— A weak Q3 GDP print means end-year growth is likely to come in just above 3 percent.What We Do. Projects, products, and services. The World Bank Group works in every major area of development.China - . Colombia - Espaol. Jim Reid from Deutsche Bank remarks that the World Bank cut its 2014 GDP growth outlook for China to 7.4 from the previous forecast of 7.6, but is more constructive on other Asian countries, FXStreet reported. Premium databases. World Trend Plus.
The Gross Domestic Product (GDP) in China expanded 6.8 YoY in Dec 2017, following a growth of 6.8 in the previous quarter.Dec 2014. quarterly.Updated on Jan 2018. Bank Lending Rate. TOPICS:GDP Inflation World Bank.In 2014, China contributed to more than 10 of Tanzanias total exports value and was the 3rd major export destination after India and South Africa. In China, Gross Domestic Product is divided by three sectors: Primary, Secondary and Tertiary.Capital formation accounted for 32.1 percent of the GDP with property investment jumping 7 percent, 0.9 percentage point faster than in 2016 and the highest growth since 2014. 5 -- The World Bank has revised its China gross domestic product (GDP) growth forecasts for 2017 and 2018, a regional outlook report updated by the bank showed. Published on Jan 15, 2014. The World Bank has raised its forecast for global growth this year, its first upgrade in threeThe World Bank sees US growth reaching 2.8 percent this year, up from 1.8 percent in 2013. Eurozone GDP, which probably contracted 0.4 percent last year, is forecast to rise The World Banks forecasts GDP in China, Australias biggest export market, to stay flat in 2014 at 7.7 per cent. After that growth will moderate to 7.5 per cent for the following two years. In latest Global Economic Prospects report In April and October, the banks forecast of Chinas GDP growth this year was 6.5 percent and 6.7 percent, respectively."China has maintained its growth resilience and gained reform momentum," said John Litwack, World Bank lead economist for China. GDP growth (annual ). World Bank national accounts data, and OECD National Accounts data files. License : CC BY-4.0. Line Bar Map. 0. 10,355 US China Japan Germany UK. Source: The World Bank.Health expenditure as percentage share of GDP (2014).Despite slowing GDP growth, Chinas impact on the Information and Communication Technology (ICT) markets has still been skyrocketing. Chinas gross domestic product grew by just 7.4 percent in 2014, which makes it the lowest GDPfor sustainable development in the interest of both China and the world economy, expertsstimulus and continued prudential measures to slow down non-bank credit expansion, slow GDP growth. In 2010, the World Bank put the cost of Chinas water crisis at 2.3 of GDP, mostly through health damage.We have upgraded our forecast for 2014 GDP growth from 2.2 to 2.6, due to strong growth in the final quarter of 2013 and the first quarter this year. China, the worlds second-largest economy, is undergoing a carefully managed slowdown that willJapans Cabinet Office expects real GDP growth of 1.5 percent in fiscal 2015, helped by a record 814 billion budget.According to the bank, growth will accelerate from 5.6 percent in 2014 to 6.4 Home > Gross Domestic Product (GDP) > Global GDP Database > China.Current Real GDP data, World Bank GDP PPP data, World Economics Population data, United Nations.GDP PPP per Capita (Thousands, 2011). GDP Annual Growth Rate. Australia. The GDP figure in 2014 was 7,888,35010,534,526 million, China is the worlds leading economy with regard to GDP, as can be seen in the ranking of GDP of the 195 countries that we publish.China GDP Growth rate evolucin. China GDP Annual Per Capita Evolution. Source: World Bank staff calculations based on CEIC data. 2. Economic Update—June 2014. On the supply side, Chinas economic growth structure continues to evolve fromIn 2013 the services sector overtook industry as the key growth driver both in share in GDP and contribution to GDP growth. The World Bank revised upwards its forecast for Chinas GDP growth in 2009 to 8.4, providing yet more evidence that the Chinese economy is in full recovery mode. Six months ago when Chinas exports were plunging and Beijings 586 billion stimulus package had not yet kicked in the World The value for GDP growth (annual ) in China was 6.69 as of 2016. As the graph below shows, over the past 55 years this indicator reached a maximum value of 19.30 in 1970 and a minimumSource: World Bank national accounts data, and OECD National Accounts data files. See also2014. 7.30. China Growth to Fall to 6.7 This Year: World Bank.China Keeps 2014 GDP Growth Rate Unchanged at 7.3. The World Bank nonetheless said that Beijings campaign to reduce risks in the financial sector and recent efforts to restructure Chinas economy as well as tighter domestic policy could slow GDP growth. For now, however, enjoy the below series of country rankings by GDP or explore visualizations for other GDP-related indicators supplied by the World Bank and the IMF.Taiwan Province of China. 571.2005. 2013. 2014. 2015.Real GDP Growth. AUTO SUBTITLE. (percent change). From 1979 until 2010, Chinas average annual GDP growth was 9.91, reaching an historical high of 15.2 in 1984 and a record low of 3.8 in 1990.comparison for percentage share of world nominal GDP ( World Bank WDI data FEB.17, 2016 unit: percentage ). Country. 2014. As for the worlds second economy, Chinas growth rates have kept slowly but steadily decliningIMF Sept 2014: Growth Surprises and Synchronized Slowdowns in Emerging MarketsAn Empirical Investigation.Wikipedia Definition of GDP. World Bank Comparing Levels of Development. The Chinese economy continues to cool, and the World Bank has lowered its 2014 forecast to 7.6 percent growth, down from an earlier 7.7 percent.The Chinas Nationals Peoples Congress has set a 7.5 percent GDP target for 2014. The World in 2050. Figure 7: Projected GDP growth paths of China and the US.The World Banks 2014 Doing business in Nigeria report recorded 34 significant improvements in the ease of doing business since 2010.projected compounded annual growth rate (CAGR) from 2014 through 2017 based on the forecasts from the World Banks Global Economic Prospects.2 014-2017 GDP CAGR: 7.10. Economy: China is a manufacturing powerhouse and exporter, and many believe that its economy will surpass Growth is expected to slow to 7.6 per cent in 2014, and 7.5 per cent in 2015, from 7.7 per cent in 2013, according to the World Banks China Economic Update. "The rebalancing will be uneven, reflecting tensions between structural trends and near term demand management measures China GDP Impact by Industry. US billion (2014 prices). Travel Tourism total GDP impact is larger than that of the automotive manufacturing, bankingCities and Regions Forecasting Service UNESCO Groningen Growth and Development Centre UN World Input-Output Database (WIOD) The World Bank expects Chinese GDP to grow by 7.7 in 2014, down from 8.0 in its April forecast, and the wider East Asian region to grow by 7.2 in 2014, down from its previous forecast of 7.6. Now read: China Stimulated Its Economy Like Crazy After The Financial Crisis Annual GDP Growth (). China.By Public Opinion Research Group - The World Bank Group. Submitted on: 06 Jun, 2016. Global Financial Inclusion (Global Findex) Database 2014. 57 The World Bank, China: 2030, February 27, 2012, p. 114. 58 The State Council of the Peoples Republic of China, Why is China reforming State-owned enterprises?, February 16For example, from 2000 to 2014, fixed investment was the largest source of Chinas GDP growth 11 out of 14 years. In China, the peak of 10.6 of GDP Growth over the past 7 years occurred in 2010.Source: World Bank Global Economic Prospects, 2017.Units. 2014. 2015. China GDP growth has consistently decelerated since 2010 to 6.9 in 2015.on Foreign Relations (2015), OBOR: Chinas Great Leap Outward (London: European Council on Foreign Relations) 23 The Economist ( 2014), Why China is Creating A New World Bank for Asia, The Economist » Countries by GDP Growth.China contributes 13.43 of total world economic output. Despite loosing 303 billion in 2014, Japan is still at number 3. Japan is now ahead of Germany by 757 billion. Gross domestic product (GDP) growth rate in China 2010-2022.As of 2014, China was among the top three countries with the largest gross domestic product worldwide, second only to the United States which had a GDP volume of almost 17 trillion U.S. dollars. At the higher end of the spectrum, the IMF, the World Bank and the Institute for International Finance estimated real GDP growth in 2015 at 6.8, 7.1 and 6.8, respectively.12. Shen Qing, Xinhua Insight: The Enigma of Chinas GDP Statistics, Xinhua, January 23, 2014. 13. Iacob N. Koch-Weser Euler Hermes Economic Research. Country Report. China. Slowing growth and eroding policy buffers. General Information. GDP Population Form of state Head of government Next elections. USD10360.1bn ( World ranking 2, World Bank 2014) 1364.3bn (World ranking 1, World Bank 2014 ) China GDP Growth Rate chart, historic, and current data.Source: World Bank > China > China GDP Growth Rate. . China.NOTE: The information regarding GDP - real growth rate() 2014 on this page is re-published from the CIA World Factbook 2014.