Announcement of the National Bureau of statistics on the Final Verification of GDP in 2022
National Bureau of Statistics of China
December 29, 2023
According to China's accounting and data release system of gross domestic product (hereinafter referred to as GDP), the annual GDP of China goes through two stages of accounting: preliminary calculation and final verification. Recently, based on the annual statistical data of the National Bureau of Statistics of China (hereinafter referred to as NBS China), the final fiscal accounts of the Ministry of Finance of China, and departmental administrative records, NBS China has conducted the final verification of the GDP data in 2022. The main results are as follows:
According to the final verification, the GDP at current prices in China reached 120.4724 trillion yuan in 2022, a decrease of 548.3 billion yuan from the preliminary calculation; at constant prices, the GDP in China was 3.0 percent higher than that in the previous year and flat from the preliminary calculation. The data of three industries and each sector are shown in the attached table.
It is hereby announced.
Annex: 1. Final Verified GDP in 2022
2. Explanation of Annual Accounting of China's GDP
Final Verified GDP in 2022
|
Sector |
Total at Current Prices (100 million yuan ) |
Growth Rate at Constant Prices (%) |
Proportion (％) |
|
GDP |
1204724 |
3.0 |
100.0 |
|
|
|
|
|
|
Primary industry |
88207 |
4.2 |
7.3 |
|
Secondary industry |
473790 |
2.6 |
39.3 |
|
Tertiary industry |
642727 |
3.0 |
53.4 |
|
|
|
|
|
|
Agriculture, forestry, animal husbandry and fishery |
92577 |
4.4 |
7.7 |
|
Industry |
395044 |
2.7 |
32.8 |
|
#Manufacturing |
326077 |
1.7 |
27.1 |
|
Construction |
80766 |
2.9 |
6.7 |
|
Wholesale and retail |
116294 |
2.5 |
9.7 |
|
Transport, storage and post |
51077 |
0.7 |
4.2 |
|
Accommodation and catering |
17755 |
-2.8 |
1.5 |
|
Financial intermediation |
93285 |
3.1 |
7.7 |
|
Real estate |
73766 |
-3.9 |
6.1 |
|
Information transmission, software and information technology services |
49470 |
12.2 |
4.1 |
|
Leasing and business services |
39764 |
4.3 |
3.3 |
|
Others |
194926 |
4.5 |
16.2 |
|
Note: some of the data in the table, such as GDP total amount and composition, are not equal to the sum of various industries (sectors) due to the rounding error and have not been mechanically adjusted. |
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