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.
- Importance
- High
- Publié
- Quarterly
- Devise
- CNH · Chinese yuan (renminbi)
- Banque centrale
- The People's Bank of China
Derniers chiffres
La dernière publication, pour Q3, est parue le 2026-10-19 et s’est établie à 4.5%. C’est au-dessus du consensus de 4.4%. C’est plus que 4.3% la fois précédente.
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.
Sur les 8 dernières publications, la valeur est allée de 4.3% à 5.4%, avec une moyenne de 4.9%.
| Publié | Pour | Réel | Consensus | Précédent |
|---|---|---|---|---|
| 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% |
Pourquoi c’est important
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.
Mode de calcul
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 − 1Ce que signifient les variations
- 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.
Supérieur aux attentes : 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.
Inférieur aux attentes : A weaker figure than expected points to slowing activity: the Chinese yuan (renminbi) tends to soften and markets price in lower rates.
Un bref historique
Annual national accounts spread after the Second World War under the UN System of National Accounts (first edition 1953).
Questions
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%).
Contenu éducatif uniquement, pas un conseil en investissement. Les chiffres sont les résultats publiés tels qu’enregistrés par notre calendrier ; les réactions de marché décrites sont typiques, non garanties.