World Economics estimates China's 2024 GDP at $41.366 trillion in PPP terms (Purchasing Power Parity) and an initial estimate of $43.268 trillion for 2025. This figure is 26% higher than the official estimate published by the World Bank.
World Economics' methodology incorporates crucial factors often overlooked in official estimates, such as:
By adjusting for these factors where required, World Economics provides a more accurate picture of China's true economic size and potential.
For reference, offical data reported China's GDP as $18.034 trillion in 2015 constant prices and $18.685 trillion in current prices for 2024.
Data source: World Economics Research, London