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China GDP Deflator

Inflation as measured by annual growth rate of GDP implicit deflator  NY.GDP.DEFL.KD.ZG

-1.09% −0.38pp (-54.3%)
Year 2025 Rank #205 Global Peak 20.64% (1994) Source World Bank

China GDP Deflator (1961–2025)

Overview

China's gdp deflator stood at -1.09% in 2025, a decline of +0.38pp from 2024. Based on recent trends, this figure is projected to reach -1.09% by 2025. China ranked 205th globally.

Data & projection

Year GDP Deflator YoY change Rank
2027* trend -2.58% - -
2026* trend -1.84% - -
2025* trend -1.09% - -
2025 -1.09% −0.38pp #205
2024 -0.71% −0.20pp #9
2023 -0.51% −2.44pp #26
2022 1.93% −2.54pp #18
2021 4.47% +3.94pp #102
2020 0.53% −0.79pp #62
2019 1.32% −2.15pp #73
2018 3.47% −0.68pp #118
2017 4.15% +2.67pp #132
2016 1.48% +1.34pp #87
2015 0.14% −0.95pp #49
2014 1.09% −1.21pp #72
2013 2.30% −0.11pp #110
2012 2.41% −5.61pp #71
2011 8.02% +1.09pp #135
Show all years (1961-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +14.5% GDP growth 7.8% C/A balance 1.5%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

China matched the Export Boom Cycle pattern in 2013. Historically, 71% of countries showing this pattern (546 out of 768) saw gdp deflator improve within 24 months. View full analysis →

Frequently Asked Questions

What is China's gdp deflator?

China's gdp deflator was -1.09% in 2025. Ranked 205th globally. This represents a 54.3% decrease from the previous year.

What was the highest gdp deflator in China?

China's gdp deflator peaked at 20.64% in 1994.

What was the lowest gdp deflator in China?

The lowest gdp deflator in China was -3.80% in 1969.

How does China rank in gdp deflator?

China ranks 205th globally in gdp deflator as of 2025.

What is the World Bank indicator code for gdp deflator?

The World Bank indicator code is NY.GDP.DEFL.KD.ZG. Data sourced from World Bank.

What is the projected gdp deflator of China in 2025?

China's gdp deflator is projected to reach -1.09% by 2025 based on trend extrapolation.

What is the gdp deflator of China in 2025?

The gdp deflator of China in 2025 was -1.09%. This ranks 205th in the world.

Cite this page

APA
China GDP Deflator. HistorySaid. Retrieved April 2, 2026, from https://historysaid.com/china/gdp-deflator
BibTeX
@misc{historysaid_china_gdp-deflator, title = {China GDP Deflator}, url = {https://historysaid.com/china/gdp-deflator}, publisher = {HistorySaid}, year = {2026} }