China: Country forecast summary

Content Type
Country Data and Maps
Institution
Economist Intelligence Unit
Abstract
No abstract is available.
Topic
Summary, Economy, 5-year summary, Key indicators
Political Geography
China

Country forecast overview: Key indicators

Key indicators 2020 2021 2022 2023 2024 2025
Real GDP growth (%) 2.3 8.5 5.0 5.2 4.8 4.5
Consumer price inflation (%; av) 2.5 1.6 2.6 2.5 2.3 2.2
Budget balance (% of GDP) -5.3 -4.8 -4.6 -4.9 -5.0 -4.8
Current-account balance (% of GDP) 2.0 2.6 2.6 2.3 1.9 1.6
Commercial bank prime rate (%; year-end) 4.4 4.4 4.6 4.9 4.9 4.9
Exchange rate Rmb:US$ (av) 6.90 6.54 6.73 6.62 6.52 6.43
Exchange rate Rmb:¥100 (av) 6.46 6.28 6.47 6.23 6.00 5.96

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