Total consumption as a share of GDP in China 1980-2023

In 2023, final consumption of the economy in China accounted for about 55.7 percent of the gross domestic product (GDP). The share of final consumption in the total GDP of China is expected to increase gradually in the upcoming years. Level of consumption in ChinaFinal consumption refers to the part of the GDP that is consumed, in contrast to what is invested or exported. In matured economies, final consumption often accounts for 70 or more percent of the total GDP. In developing countries, however, a significantly larger share may be spent on investments in infrastructure, real estate, and industrial capacities.Since its economic opening up, China was among the countries with the highest ratio of spending on investment and the lowest on consumption. Especially since 2000, China spent increasing amounts of money on infrastructure and housing, while the share spent on consumption dropped to an all-time low. This was not only related to China’s rapid economic ascendence, but also to a large working-age population and a low dependency ratio. Recent developments and outlookAs the rate of returns on investment has dropped gradually since the global financial crisis in 2008, China is trying to shift to a more consumption-driven growth model. Accordingly, the share of final consumption has increased since 2010. Although this trend was interrupted by the coronavirus pandemic, it will most probably continue in the future. Lower demand for new infrastructure and housing, as well as an aging population, are the main drivers of this development.

于2023年，中国经济最终消费占总国内生产总值（GDP）的比重约为55.7%。预计在未来几年，中国最终消费在总GDP中的占比将逐步上升。在中国，最终消费是指国内生产总值中用于消费的部分，与投资或出口相对。在成熟经济体中，最终消费通常占GDP的70%或以上。然而，在发展中国家，较大比例的资金可能用于基础设施、房地产和工业产能的投资。自经济开放以来，中国一直是投资支出比率较高、消费支出比率较低的国家之一。特别是自2000年以来，中国在基础设施和住房上的支出不断增加，而消费支出占比降至历史最低水平。这不仅与中国经济的迅速崛起有关，还与庞大的劳动年龄人口和较低的人口抚养比有关。近期发展和展望：自2008年全球金融危机以来，投资回报率逐渐下降，中国正试图转向更以消费驱动的增长模式。因此，自2010年以来，最终消费的份额有所增加。尽管这一趋势受到了新冠疫情的干扰，但未来很可能继续。新基础设施和住房需求的降低以及人口老龄化是这一发展的主要驱动力。

搜集汇总

背景与挑战

背景概述

该数据集展示了中国1980年至2024年最终消费占GDP的比例，揭示了消费在经济增长中的角色变化。数据显示，消费占比从1980年的较低水平逐渐上升，反映了中国从投资驱动向消费驱动经济转型的趋势。