Skip to content

Economy of China vs Israel compared: GDP & Debt

Updated on by Georank

China has a GDP of $19.5T compared to $611B for Israel, ranking 2/197 and 27/197 by economy size, respectively.

China has $19.3T in government debt (99.2% of GDP), compared to $418B (68.5% of GDP) in Israel.

China vs Israel GDP by year

China
Israel
1x
Year GDP, current $
China Israel
2025 $19,498,039,388,043 $610,777,842,874
2024 $18,729,668,435,848 $542,284,494,491
2023 $18,270,356,654,533 $513,393,395,492
2022 $18,316,765,021,690 $525,157,951,213
2021 $18,201,698,719,564 $489,735,019,666
2020 $14,996,414,166,715 $410,908,899,711
2019 $14,560,167,101,283 $399,207,771,082
2018 $14,147,765,772,964 $375,470,422,244
2017 $12,537,559,062,283 $357,360,816,857
2016 $11,456,024,084,962 $321,083,954,798
2015 $11,280,814,787,469 $302,841,190,258
2014 $10,674,533,168,257 $314,376,760,832
2013 $9,743,124,247,267 $298,045,324,736
2012 $8,673,664,713,189 $263,172,104,091
2011 $7,671,757,207,851 $267,739,352,609
2010 $6,192,564,874,453 $239,372,857,534
2009 $5,189,577,094,998 $213,112,649,594
2008 $4,667,346,414,522 $220,952,472,408
2007 $3,604,055,822,572 $184,448,882,452
2006 $2,791,498,472,804 $158,706,516,002
2005 $2,317,551,298,052 $147,346,035,831
2004 $1,984,196,551,300 $139,925,423,025
2003 $1,683,903,309,844 $131,278,887,815
2002 $1,489,821,682,051 $125,215,963,105
2001 $1,355,036,590,252 $134,889,159,474
2000 $1,223,754,919,971 $136,409,902,632
1999 $1,103,843,203,576 $121,329,240,042
1998 $1,037,134,141,760 $120,468,659,246
1997 $967,753,570,435 $119,389,303,067
1996 $868,523,936,530 $115,051,957,577
1995 $738,190,896,228 $105,432,315,611
1994 $566,929,539,493 $90,684,108,118
1993 $446,557,291,212 $79,806,598,120
1992 $428,502,354,788 $79,408,652,426
1991 $384,510,452,962 $70,954,941,681
1990 $361,560,229,446 $61,978,459,022
1989 $348,380,566,802 $52,411,116,588
1988 $312,888,888,889 $52,618,458,014
1987 $273,455,156,951 $43,022,977,765
1986 $301,310,144,928 $35,812,041,620
1985 $310,064,625,850 $28,887,898,639
1984 $260,442,857,143 $30,626,695,891
1983 $231,130,268,199 $32,655,591,256
1982 $205,480,916,031 $29,237,231,967
1981 $196,218,253,968 $26,865,420,933
1980 $191,487,500,000 $25,379,585,067
1979 $178,573,913,043 $22,595,788,591
1978 $149,788,617,886 $17,690,363,444
1977 $175,226,595,860 $18,245,847,441
1976 $154,196,810,059 $15,946,502,888
1975 $163,687,619,736 $16,131,806,290
1974 $144,418,433,058 $17,162,009,924
1973 $138,764,340,892 $11,895,229,181
1972 $113,871,930,714 $9,216,866,299
1971 $99,959,013,880 $7,048,191,876
1970 $92,752,930,873 $7,402,142,195
1969 $79,847,786,729 $6,293,966,357
1968 $70,980,323,819 $5,455,059,532
1967 $73,011,350,596 $4,759,447,914
1966 $76,854,053,259 $4,700,397,692
1965 $70,565,994,356 $4,326,412,951
1964 $59,821,862,703 $4,021,861,430
1963 $50,812,227,919 $3,533,767,055
1962 $47,310,737,754 $2,964,323,618
1961 $50,162,299,350 $3,706,297,903
1960 $59,846,235,025 $3,068,690,949

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/china/israel | CC BY

GDP per capita in China vs Israel by year

China
GDP per capita

GDP per capita, PPP
Israel
GDP per capita

GDP per capita, PPP
1x
Year Current $
China Israel
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $13,862 - $60,337 -
2024 $13,293 $27,105 $54,217 $57,236
2023 $12,951 $25,179 $52,126 $55,171
2022 $12,971 $23,032 $54,947 $53,619
2021 $12,887 $20,843 $52,258 $46,162
2020 $10,627 $18,267 $44,591 $40,955
2019 $10,343 $17,601 $44,092 $41,325
2018 $10,086 $16,298 $42,269 $40,190
2017 $8,980 $15,022 $41,013 $39,471
2016 $8,255 $14,157 $37,571 $38,189
2015 $8,175 $13,463 $36,138 $35,871
2014 $7,781 $12,942 $38,265 $34,816
2013 $7,147 $12,228 $36,981 $34,827
2012 $6,405 $11,420 $33,269 $32,484
2011 $5,704 $10,457 $34,477 $31,314
2010 $4,629 $9,411 $31,399 $29,456
2009 $3,898 $8,448 $28,470 $28,087
2008 $3,523 $7,713 $30,231 $28,084
2007 $2,735 $6,935 $25,689 $28,307
2006 $2,129 $5,946 $22,500 $26,385
2005 $1,778 $5,148 $21,262 $25,701
2004 $1,531 $4,505 $20,550 $26,078
2003 $1,307 $4,007 $19,624 $24,702
2002 $1,164 $3,591 $19,059 $26,101
2001 $1,065 $3,258 $20,949 $25,806
2000 $969 $2,964 $21,690 $25,766
1999 $881 $2,690 $19,809 $23,415
1998 $835 $2,483 $20,176 $22,927
1997 $787 $2,297 $20,457 $22,279
1996 $713 $2,088 $20,213 $21,672
1995 $613 $1,884 $19,014 $20,642
1994 $476 $1,680 $16,796 $19,478
1993 $379 $1,471 $15,169 $18,218
1992 $368 $1,276 $15,500 $17,553
1991 $334 $1,105 $14,337 $16,486
1990 $319 $991 $13,300 $15,721
1989 $311 - $11,601 -
1988 $284 - $11,846 -
1987 $252.3 - $9,847 -
1986 $282.4 - $8,330 -
1985 $295 - $6,824 -
1984 $251.2 - $7,364 -
1983 $225.9 - $7,955 -
1982 $203.7 - $7,253 -
1981 $197.4 - $6,791 -
1980 $195.1 - $6,545 -
1979 $184.3 - $5,968 -
1978 $156.7 - $4,794 -
1977 $185.7 - $5,050 -
1976 $165.7 - $4,514 -
1975 $178.6 - $4,669 -
1974 $160.4 - $5,082 -
1973 $157.3 - $3,629 -
1972 $132.1 - $2,928 -
1971 $118.8 - $2,297 -
1970 $113.3 - $2,489 -
1969 $100.3 - $2,188 -
1968 $91.6 - $1,946 -
1967 $96.8 - $1,734 -
1966 $104.5 - $1,788 -
1965 $98.7 - $1,688 -
1964 $85.7 - $1,625 -
1963 $74.5 - $1,485 -
1962 $71.1 - $1,293 -
1961 $76 - $1,696 -
1960 $89.7 - $1,452 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/china/israel | CC BY

China's GDP per capita is $13,862, ranking 77/197, compared to $60,337 in Israel, ranking 19/197. Adjusted for purchasing power (GDP per capita PPP), China ranks 77th at $27,105, while Israel ranks 36th at $57,236.

Economic indicators

China Israel
Gross domestic product
$19.5T
2025
$611B
2025
GDP rank
2/197
2025
27/197
2025
GDP growth
4.96%
2024-2025
2.93%
2024-2025
GDP per capita
$13,862
2025
$60,337
2025
GDP per capita rank
77/197
2025
19/197
2025
GDP per capita, PPP
$27,105
2024
$57,236
2024
GDP per capita PPP rank
77/197
2024
36/197
2024
Government debt
$19.3T
2025
$418B
2025
Debt-to-GDP ratio
99.2%
2025
68.5%
2025
Government debt per person
$13,756
2025
$41,338
2025
Government debt per person rank
47/185
2025
16/185
2025
Average annual personal income after taxes
$10,414
2026
$48,251
2026
Market capitalization of domestic companies
$15.5T
2025
$331B
2024
Number of millionaires
5,305,000
2026
195,000
2026
Number of billionaires
539
2026
42
2026
Income share by richest 10%
28.4%
2022
27%
2022
Income share by poorest 10%
3.1%
2022
1.8%
2022
Government expenditure, % of GDP
32.9%
2025
43.6%
2025
Consumer prices inflation
0%
2024-2025
3.04%
2024-2025
Central bank interest rate
3%
2025
3.75%
2026
Unemployment rate
4.57%
2022
3%
2025
Population
1403335670
10334048

Spending and national debt comparison by year

China
Spending

Debt
Israel
Spending

Debt
1x
Year % of GDP
China Israel
Government spending Government debt Government spending Government debt
2025 32.9% 99.2% 43.6% 68.5%
2024 32.9% 90.4% 43.7% 67.7%
2023 32.7% 84.1% 39.6% 61.3%
2022 32.6% 77.3% 36.9% 60.3%
2021 31.9% 72.1% 40.1% 67.7%
2020 34.8% 70.1% 44.8% 71.1%
2019 33.6% 59.8% 38.7% 59.3%
2018 32.6% 55.9% 39.2% 60.1%
2017 32% 53.9% 38.4% 59.8%
2016 31.7% 50% 37.9% 61.7%
2015 31% 40.8% 37.6% 62.8%
2014 28.4% 39.3% 38.3% 65.8%
2013 28.1% 36.4% 39.7% 66%
2012 27.7% 33.8% 39.6% 66.9%
2011 26.6% 33.2% 39.3% 67.2%
2010 24.7% 33.3% 39.7% 69%
2009 25.2% 34% 41.4% 72.6%
2008 22.2% 26.7% 41.2% 70.2%
2007 17.9% 28.7% 40.2% 70.8%
2006 18.1% 25.2% 41.6% 77.7%
2005 18% 25.9% 42.3% 85.2%
2004 17.6% 26% 43% 88.3%
2003 18% 26.4% 45.4% 89.7%
2002 18.2% 25.6% 50% 87.2%
2001 17.2% 24.3% 46.1% 81.1%
2000 16.1% 22.7% 43.4% 77.2%
1999 14.9% 21.6% 53.6% 94.8%
1998 12.6% 20.4% 55% 101%
1997 11.5% 20.4% 52.6% 99.3%
1996 11% 21.2% 53.2% 100.3%
1995 11.1% 21.4% 52.8% 102.3%
1994 12.4% - 41.7% 110.2%
1993 13.4% - 42.2% 118.3%
1992 14.6% - 44.1% 119.6%
1991 16.5% - 34.4% 123.7%
1990 18.2% - 46.8% 138.3%
1989 18.6% - 47.5% 147.4%
1988 20.9% 4.46% 46.5% 145.4%
1987 23.4% 3.6% 52.8% 143.2%
1986 25.6% 3.24% 55.7% 162.5%
1985 25.8% 3.31% 65.2% 199%
1984 26.9% 0.97% - 284%
1983 28.3% - - 260.5%
1982 27.9% - 69.7% -
1981 - - 71.8% -
1980 - - 69.4% 154.3%
1979 - - 70.1% 155.5%
1978 - - 62.2% 133.6%
1977 - - 69.1% 142%
1976 - - 66.3% 97.4%
1975 - - 62% 85.1%
1974 - - - 79.8%
1973 - - - 62.1%
1972 - - - 63.9%
1971 - - - -
1970 - - 41.6% -
1969 - - 41.1% -
1968 - - 39.4% -
1967 - - 33.9% -
1966 - - 29.6% -
1965 - - 27.8% -
1964 - - 28.2% -
1963 - - 26.9% -
1962 - - 27.7% -
1961 - - 30.3% -
1960 - - 30.4% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1999, retrieved 2026-07-08).

GeoRank.org/economy/china/israel | CC BY

In 2025, China's government spending was $6.41T, accounting for 32.9% of its GDP, while Israel spent $266B, or 43.6% of GDP.

Debt-to-GDP ratio is 99.2% in China and 68.5% in Israel, ranking 26/185 and 60/185, respectively.

Government deficit by year

Deficit/surplus
China

Israel
1x
Year Deficit/surplus, % of GDP
China Israel
2025 -7.87% -5.22%
2024 -7.11% -8.07%
2023 -6.71% -5.38%
2022 -7.32% 0.3%
2021 -5.9% -3.37%
2020 -9.56% -10.6%
2019 -6% -3.79%
2018 -4.2% -3.58%
2017 -3.34% -1.17%
2016 -3.33% -1.78%
2015 -2.5% -1.2%
2014 -0.67% -2.28%
2013 -0.82% -4.07%
2012 -0.3% -4.46%
2011 -0.1% -3.43%
2010 -0.36% -3.72%
2009 -1.72% -6.53%
2008 -0.02% -3.49%
2007 0.06% -0.43%
2006 -1.13% -0.94%
2005 -1.38% -2.74%
2004 -1.49% -3.4%
2003 -2.36% -5.03%
2002 -2.84% -8.21%
2001 -2.56% -4.06%
2000 -2.81% -0.8%
1999 -2.3% -6.26%
1998 -1.08% -7.99%
1997 -0.73% -4.84%
1996 -0.73% -5.97%
1995 -0.94% -4.28%
1994 -1.68% -5.62%
1993 -0.89% -5.62%
1992 -1.22% -8%
1991 -1.04% -7.04%
1990 -0.72% -9.67%
1989 -0.91% -9.03%
1988 -2.22% -7.57%
1987 -2.08% -7.47%
1986 -1.82% -7.51%
1985 -0.45% -14.2%
1984 -1.44% -
1983 -1.61% -
1982 -1.33% -13.8%
1981 - -23.5%
1980 - -19.6%
1979 - -16.7%
1978 - -14.7%
1977 - -20.3%
1976 - -19.4%
1975 - -19.6%
1974 - -
1973 - -
1972 - -
1971 - -
1970 - -16%
1969 - -15.3%
1968 - -11.7%
1967 - -7.68%
1966 - -4.35%
1965 - -2.72%
1964 - -3.65%
1963 - -4.41%
1962 - -4.09%
1961 - -5.86%
1960 - -6.62%
1959 - -7.23%
1958 - -8.31%
1957 - -7.17%
1956 - -9.3%
1955 - -4.3%
1954 - -7.84%
1953 - -8.32%
1952 - -7.19%
1951 - -8.13%
1950 - -10.7%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1950–1999, retrieved 2026-07-08).

GeoRank.org/economy/china/israel | CC BY

In 2025, China's government deficit, the difference between spending and revenue, was $1.53T, equivalent to 7.87% of GDP. This compares to Israel's deficit of $31.9B, or 5.22% of GDP.

Over the past 44 years, China recorded a fiscal deficit in 43 of those years, while Israel ran a deficit in 41 years. On average, China posted an annual deficit equal to 2.4% of GDP, compared to deficit of 5.29% of GDP for Israel.

Inflation comparison by year

Inflation
China

Israel
1x
Year Consumer prices inflation
China Israel
2025 0% 3.04%
2024 0.2% 3.07%
2023 0.2% 4.23%
2022 2% 4.41%
2021 0.9% 1.48%
2020 2.5% -0.58%
2019 2.9% 0.82%
2018 2.1% 0.81%
2017 1.6% 0.25%
2016 2% -0.54%
2015 1.4% -0.62%
2014 2% 0.47%
2013 2.6% 1.59%
2012 2.6% 1.68%
2011 5.4% 3.49%
2010 3.3% 2.7%
2009 -0.7% 3.37%
2008 5.8% 4.53%
2007 4.8% 0.47%
2006 1.5% 2.05%
2005 1.8% 1.34%
2004 3.9% -0.42%
2003 1.2% 0.71%
2002 -0.8% 5.8%
2001 0.7% 1.12%
2000 0.4% 1.03%
1999 -1.4% 5.19%
1998 -0.8% 5.49%
1997 2.8% 8.95%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/china/israel | CC BY

Over the past 29 years, China has recorded an average annual inflation rate of 1.76%, compared with 2.27% in Israel. In 2025, inflation was 0% in China and 3.04% in Israel.

Top exports between countries

China
Export category Export value
Machinery & equipment $7.53B
Textiles & consumer goods $3.49B
Metals $1.78B
Chemicals & pharma $1.55B
Miscellaneous $909M
Wood & paper products $466M
Raw materials & minerals $375M
Processed food, beverages & tobacco $293M
Raw agricultural goods $146M
Precious metals & jewellery $48.3M
Israel
Export category Export value
Machinery & equipment $1.85B
Raw materials & minerals $367M
Chemicals & pharma $204M
Textiles & consumer goods $139M
Processed food, beverages & tobacco $114M
Metals $92.2M
Manufacturing & construction services $64.4M
Wood & paper products $15M
IT & IP services $10.4M
Precious metals & jewellery $6.02M

Balance of trade

China Israel
Current account balance
$735B
2025
$8.53B
2025
Current account balance ranking
1/190
2025
26/190
2025
Current account balance, % of GDP
+3.77%
2025
+1.4%
2025
Goods imports
$2.69T
2025
$102B
2025
Goods exports
$3.75T
2025
$76.2B
2025
Service imports
$623B
2025
$53.2B
2025
Service exports
$385B
2025
$92.4B
2025
Imports of goods and services, % of GDP
16.9%
2025
25.4%
2025
Exports of goods and services, % of GDP
21.1%
2025
27.6%
2025

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

China Israel
Economic freedom 48.3 68.4
Economic freedom ranking 170/197 47/197
Property rights 40.9 73.1
Government integrity 42.3 66.2
Judicial effectiveness 38.6 68.1
Tax burden 69.3 60.2
Government spending 67.8 52
Fiscal health 4.4 60.8
Business freedom 68.7 72.4
Labor freedom 57.9 56.8
Monetary freedom 76.1 78.2
Trade freedom 73.4 82.8
Investment freedom 20 70
Financial freedom 20 80

Economic freedom comparison by year

China
Israel
1x
Year Economic freedom index
China Israel
2026 48.3 68.4
2025 49 69.9
2024 48.5 70.1
2023 48.3 68.9
2022 48 68
2021 58.4 73.8
2020 59.5 74
2019 58.4 72.8
2018 57.8 72.2
2017 57.4 69.7
2016 52 70.7
2015 52.7 70.5
2014 52.5 68.4
2013 51.9 66.9
2012 51.2 67.8
2011 52 68.5
2010 51 67.7
2009 53.2 67.6
2008 53.1 66.3
2007 52 64.8
2006 53.6 64.4
2005 53.7 62.6
2004 52.5 61.4
2003 52.6 62.7
2002 52.8 66.9
2001 52.6 66.1
2000 56.4 65.5
1999 54.8 68.3
1998 53.1 68
1997 51.7 62.7
1996 51.3 62
1995 52 61.5

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

GeoRank.org/economy/china/israel | CC BY

The Economic Freedom Index for China is 48.3, ranking 170/197, compared to 68.4 for Israel, ranking 47/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

China Israel
Services, % of GDP
57.7%
2025
72.8%
2024
Industry, % of GDP
35.6%
2025
17.2%
2024
Agriculture, forestry, and fishing, % of GDP
6.66%
2025
1.29%
2024
GNI, Atlas method
$20T
2025
$569B
2025
GNI per capita, PPP
$29,160
2025
$58,870
2025
Total reserves including gold
$3.75T
2025
$229B
2025
Total reserves ranking
1/177
2025
18/177
2025
Net foreign direct investment
$77.2B
2025
-$11.8B
2025
Net inflows of foreign direct investment
$42.6B
2024
$14.8B
2024
Net outflows of foreign direct investment
$192B
2024
$9.92B
2024
Servicing debt to the IMF, % of GNI
1.9%
2024
n/a
Poverty at national poverty lines
0%
2020
22%
2020
Gross capital formation, % of GDP
40.5%
2024
24.3%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/china/israel | CC BY

Compare countries by 7 more topics

Help us show the world through your eyes

Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.

Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1950–1999, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2017–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)
  9. Central Intelligence Agency (CIA) (2020, retrieved 2026-07-08)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.