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China - Gross domestic product based on purchasing-power-parity in current prices

21,291.77
(billion international dollars)
in 2016

Over the last 20 years, GDP based on PPP of China grew substantially from 2,802.37 to 21,291.77 billion international dollars rising at an increasing annual rate that reached a maximum of 17.24 % in 2007 and then decreased to 8.10 % in 2016.

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GDP (PPP based) is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as a U.S. dollar has in the United States. A purchasing power parity (PPP) between two countries, A and B, is the ratio of the number of units of country A’s currency needed to purchase in country A the same quantity of a specific good or service as one unit of country B’s currency will purchase in country B. PPPs can be expressed in the currency of either of the countries. In practice, they are usually computed among large numbers of countries and expressed in terms of a single currency, with the U.S. dollar (US$) most commonly used as the base or "numeraire" currency.

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Date Value Change, %
2016 21,291.77 8.10 %
2015 19,695.74 8.05 %
2014 18,228.36 9.22 %
2013 16,689.40 9.54 %
2012 15,235.77 9.89 %
2011 13,864.86 11.76 %
2010 12,405.88 11.96 %
2009 11,080.89 10.03 %
2008 10,070.85 11.75 %
2007 9,011.95 17.24 %
2006 7,686.84 16.16 %
2005 6,617.29