Chinese GDP according to my estimates There are reports that chinese GDP is grossly over estimated and inflated, during the recession of 2008 even though chinese economy is export oriented still it grew at double digits due to credit stimulus. The credit of chinese economy is now close to 2 and half times the Chinese GDP. Most of the credit is coming from shadow bankings and the authorities do not know exact stats of this capital and yet every year china comes up with GDP growth rate close to 10 on an average. there are reports that local authorities inflate the GDP growth rates in order to meet the tough bench marks set by CCP and also to get promotions .,incentives ...etc....etc. And then there are guys in CCP who show infrastructure which do not yield any good returns as real GDP growth. this includes ghost malls, ghost cities,infrastructure which was built adjacent to each other even though it is not needed like ports in coastal areas and airports where a single or two flights arrive/depart in a day. The recent report shows that chinese local authorities inflated the GDP by 900 Billion !!!!!!! at their level which needed to be corrected at central level. I am taking the stats from wikipedia from 1998 on wards since that is the time Chinese economy crossed 1 Trillion. I am reducing the GDP by 3 for every year and I arrive at this estimations. ( I haven't done any statistical analysis but just simple subtraction of growth rates just for rough estimation) GDP Nominal: year = 1999 current_gdp_rate = 6.3 current_gdp_actualrate = 3.3 current_gdp in Billions = 1053.104246 year = 2000 current_gdp_rate = 10.6 current_gdp_actualrate = 7.6 current_gdp in Billions = 1133.140168696 year = 2001 current_gdp_rate = 10.5 current_gdp_actualrate = 7.5 current_gdp in Billions = 1218.1256813482 year = 2002 current_gdp_rate = 9.7 current_gdp_actualrate = 6.7 current_gdp in Billions = 1299.74010199853 year = 2003 current_gdp_rate = 12.9 current_gdp_actualrate = 9.9 current_gdp in Billions = 1428.41437209638 year = 2004 current_gdp_rate = 17.7 current_gdp_actualrate = 14.7 current_gdp in Billions = 1638.39128479455 year = 2005 current_gdp_rate = 16.9 current_gdp_actualrate = 13.9 current_gdp in Billions = 1866.12767338099 year = 2006 current_gdp_rate = 20.2 current_gdp_actualrate = 17.2 current_gdp in Billions = 2187.10163320253 year = 2007 current_gdp_rate = 28.8 current_gdp_actualrate = 25.8 current_gdp in Billions = 2751.37385456878 year = 2008 current_gdp_rate = 29.4 current_gdp_actualrate = 26.4 current_gdp in Billions = 3477.73655217493 year = 2009 current_gdp_rate = 10.4 current_gdp_actualrate = 7.4 current_gdp in Billions = 3735.08905703588 year = 2010 current_gdp_rate = 18.8 current_gdp_actualrate = 15.8 current_gdp in Billions = 4325.23312804755 year = 2011 current_gdp_rate = 23.5 current_gdp_actualrate = 20.5 current_gdp in Billions = 5211.9059192973 year = 2012 current_gdp_rate = 12.3 current_gdp_actualrate = 9.3 current_gdp in Billions = 5696.61316979194 As we see during the recession period around 2008 Chinese GDP stats shoot up, this is because of credit stimulus and infra, development not due to exports.