Gross domestic expenditure on R&D by sector of performance and source in China (People's Republic of)

China (People's Republic of): Gross domestic expenditure on R&D by sector of performance and source was 859,300 US dollars, PPP converted in 2024. ◆ Volatile

Latest (2024)
859,300 US dollars, PPP converted
Change on year
up 9.7%
Rank
1st
of 13 groups
All-time high
859,300 US dollars, PPP converted
in 2024
All-time low
14,303 US dollars, PPP converted
in 1991
Years of data
34
1991–2024

Gross domestic expenditure on R&D by sector of performance and source in China (People's Republic of), 1991–2024

0200.0k400.0k600.0k800.0k1991200720241991: 14.3k US dollars, PPP converted1992: 16.4k US dollars, PPP converted1993: 17.8k US dollars, PPP converted1994: 18.2k US dollars, PPP converted1995: 18.3k US dollars, PPP converted1996: 19.9k US dollars, PPP converted1997: 24.6k US dollars, PPP converted1998: 26.8k US dollars, PPP converted1999: 33.5k US dollars, PPP converted2000: 43.2k US dollars, PPP converted2001: 49.2k US dollars, PPP converted2002: 60.3k US dollars, PPP converted2003: 70.2k US dollars, PPP converted2004: 83.8k US dollars, PPP converted2005: 100.6k US dollars, PPP converted2006: 118.6k US dollars, PPP converted2007: 135.8k US dollars, PPP converted2008: 156.7k US dollars, PPP converted2009: 197.1k US dollars, PPP converted2010: 224.4k US dollars, PPP converted2011: 255.8k US dollars, PPP converted2012: 296.1k US dollars, PPP converted2013: 332.9k US dollars, PPP converted2014: 361.7k US dollars, PPP converted2015: 393.5k US dollars, PPP converted2016: 429.3k US dollars, PPP converted2017: 463.2k US dollars, PPP converted2018: 500.3k US dollars, PPP converted2019: 555.9k US dollars, PPP converted2020: 607.6k US dollars, PPP converted2021: 665.8k US dollars, PPP converted2022: 719.2k US dollars, PPP converted2023: 783.3k US dollars, PPP converted2024: 859.3k US dollars, PPP converted

Source: Organisation for Economic Co-operation and Development. Measured in US dollars, PPP converted.

Analysis

The most recent figure for gross domestic expenditure on r&d by sector of performance and source in China (People's Republic of) is 859,300 US dollars, PPP converted, measured in 2024. That is the highest value across all 34 years on record.

Compared with earlier readings it is up 9.7% on the previous year and up 137.6% over ten years.

Over the whole period, gross domestic expenditure on r&d by sector of performance and source in China (People's Republic of) peaked at 859,300 US dollars, PPP converted in 2024 and was at its lowest, 14,303 US dollars, PPP converted, in 1991.

The series is highly variable year to year, so single readings are best treated with caution.

Gross domestic expenditure on R&D by sector of performance and source in China (People's Republic of), year by year

Annual values for Gross domestic expenditure on R&D by sector of performance and source of funds — Gross Domestic Expenditure on R&D (GERD) in China (People's Republic of), 1991 to 2024.
Year US dollars, PPP converted Change
1991 14,303 US dollars, PPP converted
1992 16,406 US dollars, PPP converted +14.7%
1993 17,831 US dollars, PPP converted +8.7%
1994 18,246 US dollars, PPP converted +2.3%
1995 18,268 US dollars, PPP converted +0.1%
1996 19,887 US dollars, PPP converted +8.9%
1997 24,614 US dollars, PPP converted +23.8%
1998 26,846 US dollars, PPP converted +9.1%
1999 33,455 US dollars, PPP converted +24.6%
2000 43,191 US dollars, PPP converted +29.1%
2001 49,193 US dollars, PPP converted +13.9%
2002 60,311 US dollars, PPP converted +22.6%
2003 70,209 US dollars, PPP converted +16.4%
2004 83,795 US dollars, PPP converted +19.4%
2005 100,575 US dollars, PPP converted +20.0%
2006 118,567 US dollars, PPP converted +17.9%
2007 135,840 US dollars, PPP converted +14.6%
2008 156,664 US dollars, PPP converted +15.3%
2009 197,073 US dollars, PPP converted +25.8%
2010 224,422 US dollars, PPP converted +13.9%
2011 255,764 US dollars, PPP converted +14.0%
2012 296,106 US dollars, PPP converted +15.8%
2013 332,930 US dollars, PPP converted +12.4%
2014 361,715 US dollars, PPP converted +8.6%
2015 393,482 US dollars, PPP converted +8.8%
2016 429,282 US dollars, PPP converted +9.1%
2017 463,165 US dollars, PPP converted +7.9%
2018 500,285 US dollars, PPP converted +8.0%
2019 555,879 US dollars, PPP converted +11.1%
2020 607,602 US dollars, PPP converted +9.3%
2021 665,790 US dollars, PPP converted +9.6%
2022 719,192 US dollars, PPP converted +8.0%
2023 783,304 US dollars, PPP converted +8.9%
2024 859,300 US dollars, PPP converted +9.7%

Averages by decade

DecadeAverage LowestHighest Years
1990s 21,095 US dollars, PPP converted 14,303 US dollars, PPP converted 33,455 US dollars, PPP converted 9
2000s 101,542 US dollars, PPP converted 43,191 US dollars, PPP converted 197,073 US dollars, PPP converted 10
2010s 381,303 US dollars, PPP converted 224,422 US dollars, PPP converted 555,879 US dollars, PPP converted 10
2020s 727,038 US dollars, PPP converted 607,602 US dollars, PPP converted 859,300 US dollars, PPP converted 5

Countries ranked near China (People's Republic of)

  1. 1 Japan 204,376 US dollars, PPP converted compare
  2. 2 Germany 159,537 US dollars, PPP converted compare
  3. 2 United States 847,935 US dollars, PPP converted compare
  4. 3 France 82,108 US dollars, PPP converted compare
  5. 4 United Kingdom 102,458 US dollars, PPP converted compare
  6. 4 Chinese Taipei 65,085 US dollars, PPP converted compare

See the full ranking of 47 places →

More reference data data for China (People's Republic of)

All data for China (People's Republic of) →

Frequently asked questions

What is gross domestic expenditure on r&d by sector of performance and source in China (People's Republic of)?
Gross domestic expenditure on r&d by sector of performance and source in China (People's Republic of) was 859,300 US dollars, PPP converted in 2024, according to Organisation for Economic Co-operation and Development.
What is the highest gross domestic expenditure on r&d by sector of performance and source recorded in China (People's Republic of)?
The highest recorded value was 859,300 US dollars, PPP converted in 2024.
What is the lowest gross domestic expenditure on r&d by sector of performance and source recorded in China (People's Republic of)?
The lowest recorded value was 14,303 US dollars, PPP converted in 1991.
How does China (People's Republic of) rank for gross domestic expenditure on r&d by sector of performance and source?
China (People's Republic of) ranks 1st out of 13 groups with data for 2024.
Is gross domestic expenditure on r&d by sector of performance and source rising or falling in China (People's Republic of)?
Over the last ten years it is up 137.6%. The long-run trend across the full record is volatile.
Where does this China (People's Republic of) data come from?
The figures come from Organisation for Economic Co-operation and Development, published as part of Gross domestic expenditure on R&D by sector of performance and source of funds — Gross Domestic Expenditure on R&D (GERD). Statizoid updates them automatically from the source API.

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Gross domestic expenditure on R&D by sector of performance and source in China (People's Republic of). Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 10 September 2026, from https://reference.statizoid.com/stat/gross-domestic-expenditure-on-r-and-d-by-sector-of-performance-and-source-of-funds-gross/china-people-s-republic-of/

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About this data

Indicator
Gross domestic expenditure on R&D by sector of performance and source of funds — Gross Domestic Expenditure on R&D (GERD)
Unit
US dollars, PPP converted
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
47 places, 1,579 data points, 1981–2025
Last refreshed

This table contains gross research and development (R&D) expenditure statistics broken down by sector of performance (business enterprise, government, higher education, private non-profit, and total intramural) and by source of funds (business enterprise, government - including public general university funds -, higher education, private non-profit and funds from the rest of the World - including funds from enterprises and other funds from the rest of the World).