GDP growth (annual) · China
China GDP Growth Rate YoY
The China GDP Growth Rate YoY measures how much the economy of China grew compared with the same period a year earlier.
- Importancia
- High
- Publicado
- Quarterly
- Divisa
- CNH · Chinese yuan (renminbi)
- Banco central
- The People's Bank of China
Últimas cifras
El último dato, de Q3, se publicó el 2026-10-19 y fue 4.5%. Está por encima del consenso de 4.4%. Es más que 4.3% la vez anterior.
A stronger figure than expected points to a healthier economy: it usually supports the Chinese yuan (renminbi) and local stocks, and can push bond yields up.
En las últimas 8 publicaciones osciló entre 4.3% y 5.4%, con una media de 4.9%.
| Publicado | Para | Real | Consenso | Anterior |
|---|---|---|---|---|
| 19 Oct 2026 | Q3 | 4.5% | 4.4% | 4.3% |
| 15 Jul 2026 | Q2 | 4.3% | 4.5% | 5% |
| 16 Apr 2026 | Q1 | 5% | 4.8% | 4.5% |
| 19 Jan 2026 | Q4 | 4.5% | 4.4% | 4.8% |
| 20 Oct 2025 | Q3 | 4.8% | 4.8% | 5.2% |
| 15 Jul 2025 | Q2 | 5.2% | 5.1% | 5.4% |
| 16 Apr 2025 | Q1 | 5.4% | 5.1% | 5.4% |
| 17 Jan 2025 | Q4 | 5.4% | 5% | 4.6% |
Por qué importa
The yearly rate is less noisy than the quarterly change and is the figure most people mean by "economic growth". It shapes the earnings outlook for local companies, tax revenue, and the People's Bank of China's view of how much spare capacity the economy has.
Cómo se calcula
the National Bureau of Statistics (NBS) compares real GDP (after inflation) with the same quarter or year before; full-year figures sum the four quarters.
Growth (yoy) = real GDP ÷ real GDP a year ago − 1Qué significan los cambios
- Growth above the country's trend (about 1–2% for advanced economies, more for emerging ones) tends to raise inflation pressure.
- Annual growth turns only slowly; the quarterly figure shows turning points earlier.
Mayor de lo esperado: A stronger figure than expected points to a healthier economy: it usually supports the Chinese yuan (renminbi) and local stocks, and can push bond yields up.
Menor de lo esperado: A weaker figure than expected points to slowing activity: the Chinese yuan (renminbi) tends to soften and markets price in lower rates.
Una breve historia
Annual national accounts spread after the Second World War under the UN System of National Accounts (first edition 1953).
Preguntas
What is the China GDP Growth Rate YoY?
The China GDP Growth Rate YoY measures how much the economy of China grew compared with the same period a year earlier.
What was the latest China GDP Growth Rate YoY?
4.5% for Q3, published on 19 October 2026 (consensus 4.4%, previous 4.3%).
Solo contenido educativo, no asesoramiento de inversión. Las cifras son los resultados publicados según los registra nuestro calendario; las reacciones del mercado descritas son típicas, no garantizadas.