National Bureau of Statistics: The total GDP at current price in 2024 is 1348.066 billion yuan.

09:37 26/12/2025

The National Bureau of Statistics releases an announcement on the final verification of the Gross Domestic Product for the year 2024.

On December 26th, according to the National Bureau of Statistics, the annual GDP calculation in China includes two steps: preliminary calculation and final verification, in accordance with the regulations on the calculation and publication of GDP. Recently, based on the statistical annual reports of the National Bureau of Statistics, the financial settlement of the Ministry of Finance, and other annual financial data from relevant departments, the National Bureau of Statistics has conducted a final verification of the 2024 GDP data. The main results are as follows: after final verification, the total GDP at current prices in 2024 was 1348066 billion yuan, a decrease of 1018 billion yuan compared to the preliminary calculation; calculated at constant prices, it grew by 5.0% compared to the previous year, remaining consistent with the preliminary calculation. This article was selected from the National Bureau of Statistics, edited by GMTEight: Chen Wenfang.

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The Federal Reserve's Daly warns of vulnerability in the labor market, says it may be necessary to cut interest rates one to two more times this year.

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