China

China held 2nd place in 2025 with GDP of US$19.50 trillion, 16.48% of the world total and 15.9 times its 2000 level, when it ranked 6th. Real growth ran at +5.0%, while US$ GDP rose 4.1% from US$18.73 trillion. Consumer prices barely moved, with inflation at 0.1%, and unemployment stood at 4.6%.

Services make up 57.7% of output and industry 35.6%, with manufacturing alone at 24.7% of GDP; agriculture accounts for 6.7%. The largest economy in East Asia & Pacific is 4.5 times the size of California, yet income per head sits far down the table: GDP per capita of US$13,862 ranks 78th of 196, and $29,333 international dollars in PPP terms ranks 76th. Government gross debt stands at 98.6% of GDP, according to the IMF. The IMF projects GDP of US$27.08 trillion by 2030, a +39% gain that would leave China 2nd in the IMF ranking.