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Output value of house building in China: Growth in 2017

China National Statistical Office published that compared to the prior year construction production slightly grew by 3.91 percent. Construction production rose hardly by 4 829.59 hundred million Yuan Renminbi, as it follows the tendency of the previous year when it climbed by 6.54 percent. It's the highest level on record since 1998. China saw a raise of 1 775.97% in construction production during the last 20 years. Likewise, it has shown a 0.05 percent CAGR during the five years with a modest overall growth since the 1998. It averaged 50 715.23 hundred million Yuan Renminbi from 1998 to 2017 and it reached its minimum of 6 842.7 hundred million Yuan Renminbi in 1998.

Output value of house building in China: Growth in 2017
Date Hundred Million Yuan Renminbi Variation
2017 128 366.99 3.91
2016 123 537.40 6.54
2015 115 958.22 1.82
2014 113 880.09 11.34
2013 102 285.92 17.39
2012 87 133.84 22.59
2011 71 075.95 26.66
2010 56 117.76 26.65
2009 44 308.67 20.66
2008 36 720.74 19.76

Related Statistics

Construction Output in other Countries

Main Construction Indicators

  • Building Permits

    Number of issued building permits, it is an indicator of the construction sector's growth. A building permit is an authorisation to start work on a building project. As such, a permit is the final stage of planning and building authorisations from public authorities, prior to the start of work. Based on: Eurostat.

  • Construction Completions

    Number of new privately owned housing units completed. Is is an indicator of construction work actually completed within a given period of time or at a particular point in time. Based on: Organisation for Economic Co-operation and Development.

  • Construction GDP

    Value of output of the construction industry less the value of intermediate consumption (intermediate inputs) used in this industry. It can be expressed in millions or billions of national currency, or in percentage of GDP. Based on: Organisation for Economic Co-operation and Development.

  • Construction Output

    Measure of the production in the construction industry.

  • Construction Spending

    Value of total spending in the construction industry, usually expressed in millions billions of national currency. It includes the cost of labor and materials, cost of architectural and engineering work, overhead costs, interest and taxes paid during construction and contractor's profts. Based on: US Census Bureau.

  • Construction Starts

    Number of new buildings on which construction has been started in a given period. Start of a construction occurs when excavation begins for the footings or foundation of a building. Based on: U.S. Census Bureau.

  • Buildings Under Construction

    Number of buildings in a state of construction (up until they receive their certificate of occupancy), at a given date in a country.

  • Building Materials Import

  • Building Materials Export