China Household Consumption to GDP

Household final consumption expenditure as a share of GDP.

Household Consumption to GDP in China increased to 39.97 percent of GDP in 2024 from 39.57 percent of GDP in 2023.

40.0%
▲ +0.4 pp2024 · previous 39.6%Annual · percent of GDP · Source: World Bank — World Development Indicators

China Household Consumption to GDP — History

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China Household Consumption to GDP — analysis in simple words

Latest reading

Household Consumption to GDP in China increased to 39.97 percent of GDP in 2024 from 39.57 percent of GDP in 2023.

Over the last three years it rose twice and fell once.

Recent trend

A year earlier (2023) it was 39.6%, so the latest figure is 0.4 percentage points higher.

Over the past five years the average was 38.8%, with a range from 37.8% to 40.0%. The latest value is above that five-year average.

Historical context

This data series starts in 1960 and has 65 annual observations. The latest reading is higher than 29% of all of them.

The highest value on record is 72.0% (1962) and the lowest is 34.6% (2010). The long-run average is 47.1%.

Compared with other countries

Among 178 economies with recent data, China ranks 166th from the top. The median across all these economies is 63.1%, so China is below the typical country.

Among 19 major economies tracked on this site it ranks 18th.

Within East Asia & Pacific (30 economies with data) it ranks 27th; the regional median is 63.7%.

Statistics

Latest
40.0%2024
Previous
39.6%
5-year average
38.8%
Long-run average
47.1%since 1960
All-time high
72.0%1962
All-time low
34.6%2010
Observations
65Annual

Recent Data

PeriodValueChange
202440.0%▲ +0.4 pp
202339.6%▲ +1.8 pp
202237.8%▼ −0.6 pp
202138.4%▲ +0.2 pp
202038.2%▼ −1.2 pp
201939.4%▲ +0.4 pp
201838.9%▼ −0.0 pp
201739.0%▼ −0.2 pp
201639.2%▲ +1.1 pp
201538.1%▲ +1.1 pp
201437.0%▲ +0.9 pp
201336.1%▲ +0.4 pp
201235.7%▲ +0.5 pp
201135.2%▲ +0.6 pp
201034.6%▼ −1.0 pp
200935.6%▲ +0.0 pp
200835.5%▼ −1.1 pp
200736.6%▼ −1.4 pp
200638.0%▼ −1.8 pp
200539.8%▼ −0.9 pp
200440.7%▼ −2.1 pp
200342.8%▼ −2.2 pp
200245.0%▼ −0.6 pp
200145.6%▼ −1.2 pp
200046.8%▲ +0.5 pp
199946.2%▲ +0.7 pp
199845.5%▼ −0.4 pp
199745.9%▼ −0.9 pp
199646.9%▲ +1.1 pp
199545.8%

Household Consumption to GDP — China vs Peers

Latest available reading for each economy (periods may differ). China highlighted.

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More China indicators

Understanding Household Consumption to GDP — a simple guide

What it measures

Household final consumption expenditure as a share of GDP.

How it is calculated

Household spending on goods and services ÷ GDP × 100.

Simple example

A ratio of 60% means households account for 60% of total demand.

▲ When it is high or rising

Consumption-led economies depend on household income and confidence.

▼ When it is low or falling

A low share usually means investment or exports drive the economy.

Why it matters for the economy and markets

Consumption is the largest component of demand in most economies.

How to read it

Economies with high consumption shares are more sensitive to household income, credit and confidence.

Data source

World Bank — World Development Indicators (series NE.CON.PRVT.ZS), annual data from 1960 to 2024. Values are shown exactly as published by the source and may be revised later.

How to use the chart

Use the 5Y / 10Y / 25Y / Max buttons to change the time range, or drag the slider under the chart. Hover (or tap) on the line to see the exact value for any period. Dashed lines and hatched bars are IMF projections, not actual data. The “Download CSV” button gives you the full data series.

Frequently asked questions

What is the current household consumption to gdp of China?
China household consumption to gdp was 40.0% in 2024, compared with 39.6% in the previous period, according to World Bank — World Development Indicators.
What is the highest and lowest household consumption to gdp of China?
Since 1960, the highest reading was 72.0% (1962) and the lowest was 34.6% (2010).
What does household consumption to gdp measure?
Household final consumption expenditure as a share of GDP.

Data are sourced from official international organisations (IMF, World Bank, BIS) and national authorities, and are shown for educational and informational purposes only. They are not investment advice and no recommendation is made. Figures may be revised by the source; IMF figures for the current and future years are projections. This page was last updated on Saturday, October 17, 2026.