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China

China National accounts Stats

Definitions

  • Growth rates > Gross capital formation > Annual % growth: Annual growth rate of gross capital formation based on constant local currency. Aggregates are based on constant 2000 U.S. dollars. Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and ""work in progress."" According to the 1993 SNA, net acquisitions of valuables are also considered capital formation."
  • Local currency at constant prices > Aggregate indicators > GDP per capita > Constant LCU: GDP per capita is gross domestic product divided by midyear population. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.
  • Local currency at constant prices > Aggregate indicators > Gross domestic savings > Consta: Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in constant local currency.
  • Local currency at constant prices > Other items > Exports as a capacity to import > Consta: Exports as a capacity to import equals the current price value of exports of goods and services deflated by the import price index. Data are in constant local currency.
  • Local currency at current prices > Aggregate indicators > Net current transfers from abroa: Current transfers comprise transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net current transfers from abroad is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. Data are in current local currency.
  • Local currency at current prices > Aggregate indicators > Net income from abroad > Current: Net income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). Data are in current local currency."
  • Local currency at current prices > Expenditure on GDP > Gross national expenditure > Curre: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current local currency."
  • Local currency at current prices > Expenditure on GDP > Household final > Consumption expend: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in current local currency."
  • Local currency at current prices > Expenditure on GDP > Imports > Goods and services > Cu: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current local currency."
  • US$ at constant 2000 prices > Aggregate indicators > GDP per capita > Constant 2000 US$: GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant U.S. dollars.
  • US$ at constant 2000 prices > Expenditure on GDP > Final > Consumption expenditure > Etc.: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources. Data are in constant 2000 U.S. dollars.
  • US$ at constant 2000 prices > Value added > Manufacturing > Value added > Constant 2000 US$: Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are expressed constant 2000 U.S. dollars."
  • US$ at current prices > Aggregate indicators > GDP > Current US$: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used."
  • US$ at current prices > Aggregate indicators > Net current transfers from abroad > Current: Current transfers comprise transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net current transfers from abroad is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. Data are in current U.S. dollars.
  • US$ at current prices > Value added > Services > Etc. > Value added > Current US$: Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars."
STAT AMOUNT DATE RANK HISTORY
Growth rates > Gross capital formation > Annual % growth 21.2% 2009 6th out of 102
Local currency at constant prices > Aggregate indicators > GDP per capita > Constant LCU 18,264.3 2009 99th out of 162
Local currency at constant prices > Aggregate indicators > Gross domestic savings > Consta 12.09 trillion 2009 4th out of 68
Local currency at constant prices > Other items > Exports as a capacity to import > Consta 8.95 trillion 2009 11th out of 105
Local currency at current prices > Aggregate indicators > Net current transfers from abroa 230.17 billion 2009 26th out of 124
Local currency at current prices > Aggregate indicators > Net income from abroad > Current 295.74 billion 2009 7th out of 138
Local currency at current prices > Expenditure on GDP > Gross national expenditure > Curre 32.55 trillion 2009 15th out of 138
Local currency at current prices > Expenditure on GDP > Household final > Consumption expend 12.17 trillion 2009 16th out of 123
Local currency at current prices > Expenditure on GDP > Imports > Goods and services > Cu 7.6 trillion 2009 17th out of 138
US$ at constant 2000 prices > Aggregate indicators > GDP per capita > Constant 2000 US$ $2,206.26 2009 81st out of 161
US$ at constant 2000 prices > Expenditure on GDP > Final > Consumption expenditure > Etc. $1.31 trillion 2009 6th out of 97
US$ at constant 2000 prices > Value added > Manufacturing > Value added > Constant 2000 US$ $832.08 billion 2007 4th out of 132
US$ at current prices > Aggregate indicators > GDP > Current US$ $4.99 trillion 2009 4th out of 168
US$ at current prices > Aggregate indicators > Net current transfers from abroad > Current $33.70 billion 2009 2nd out of 124
US$ at current prices > Value added > Services > Etc. > Value added > Current US$ $2.16 trillion 2009 3rd out of 121

SOURCES: World Bank national accounts data, and OECD National Accounts data files.

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