China Motor Vehicles Sales Growth

2001 - 2024 | Monthly | % | CEIC Data

Key information about China Motor Vehicles Sales Growth

  • China Motor Vehicles Sales grew 9.9 % in Mar 2024, compared with a decrease of 19.9 % in the previous month.
  • China Motor Vehicles Sales Growth rate is updated monthly, available from Jan 2001 to Mar 2024, with an average growth rate of 10.6 %.
  • The data reached an all-time high of 369.4 % in Feb 2021 and a record low of -79.1 % in Feb 2020.
  • Car Sales of China recorded 2,694,461.0 units in Mar 2024.

CEIC calculates monthly Motor Vehicles Sales Growth from monthly Motor Vehicles Sales. The China Association of Automobile Manufacturers provides Motor Vehicles Sales.

View China's Motor Vehicles Sales Growth from Jan 2001 to Mar 2024 in the chart:

China Motor Vehicles Sales Growth

What was China's Motor Vehicles Sales Growth in Mar 2024?

China Motor Vehicles Sales grew 9.9 % in Mar 2024, compared with a decrease of 19.9 % in the previous month. See the table below for more data.

Last Previous Min Max Unit Frequency Range
9.9 Mar 2024 -19.9 Feb 2024 -79.1 Feb 2020 369.4 Feb 2021 % monthly Jan 2001 - Mar 2024

Motor Vehicles Sales Growth by Country Comparison

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country/region Last Frequency Range
Albania (%) 38.9 2019 yearly 2006 - 2019
Algeria (%) -1.8 2019 yearly 2006 - 2019
Argentina (%) -20.8 Mar 2024 monthly Jan 1997 - Mar 2024
Armenia (%) -32.8 2019 yearly 2006 - 2019
Australia (%) 12.7 Mar 2024 monthly Jan 1995 - Mar 2024
Austria (%) -20.1 2022 yearly 2006 - 2022
Azerbaijan (%) 67.5 2019 yearly 2006 - 2019
Bahrain (%) -16.0 2019 yearly 2006 - 2019
Bangladesh (%) 5.4 2019 yearly 2006 - 2019
Belarus (%) 20.9 2019 yearly 2006 - 2019
Belgium (%) -6.9 2022 yearly 2006 - 2022
Bolivia (%) -12.1 2019 yearly 2006 - 2019
Bosnia and Herzegovina (%) -52.5 2019 yearly 2006 - 2019
Botswana (%) -87.1 2019 yearly 2006 - 2019
Brazil (%) -5.6 Mar 2024 monthly Jan 2003 - Mar 2024
Brunei (%) 20.1 Nov 2020 monthly Jan 2011 - Nov 2020
Bulgaria (%) 8.8 2022 yearly 2006 - 2022
Cambodia (%) 12.6 2019 yearly 2006 - 2019
Canada (%) 25.4 Feb 2024 monthly Jan 1947 - Feb 2024
Chile (%) -36.9 Mar 2024 monthly Jan 2010 - Mar 2024
China (%) 9.9 Mar 2024 monthly Jan 2001 - Mar 2024
Colombia (%) -30.1 Feb 2024 monthly Jan 2004 - Feb 2024
Croatia (%) -5.5 2022 yearly 2006 - 2022
Cyprus (%) -3.9 2019 yearly 2006 - 2019
Czech Republic (%) 10.2 Dec 2020 monthly Jan 2012 - Dec 2020
Denmark (%) -18.4 2022 yearly 2006 - 2022
Ecuador (%) 14.9 2022 yearly 2006 - 2022
Egypt (%) -37.0 2022 yearly 2006 - 2022
Estonia (%) 18.6 2019 yearly 2006 - 2019
Finland (%) -16.2 2022 yearly 2006 - 2022
France (%) -9.9 2022 yearly 2006 - 2022
Georgia (%) -3.4 2019 yearly 2006 - 2019
Germany (%) -0.3 2022 yearly 2006 - 2022
Ghana (%) -19.4 2019 yearly 2006 - 2019
Greece (%) 3.1 2022 yearly 2006 - 2022
Hong Kong SAR, China (%) -12.8 2019 yearly 2006 - 2019
Hungary (%) -9.9 2022 yearly 2006 - 2022
Iceland (%) -34.2 2019 yearly 2006 - 2019
India (%) 2.8 Mar 2022 monthly May 2002 - Mar 2022
Indonesia (%) -26.2 Mar 2024 monthly Jan 1990 - Mar 2024
Iran (%) -31.7 2019 yearly 2006 - 2019
Ireland (%) -3.5 2022 yearly 2006 - 2022
Israel (%) -7.5 2022 yearly 2006 - 2022
Italy (%) -9.8 2022 yearly 2006 - 2022
Ivory Coast (%) 15.8 2019 yearly 2006 - 2019
Japan (%) -21.1 Mar 2024 monthly Jan 1992 - Mar 2024
Jordan (%) 3.6 2019 yearly 2006 - 2019
Kazakhstan (%) -10.6 2022 yearly 2006 - 2022
Kenya (%) -23.9 2019 yearly 2006 - 2019
South Korea (%) -11.6 Mar 2024 monthly Jan 1995 - Mar 2024
Kuwait (%) 9.9 2022 yearly 2006 - 2022
Kyrgyzstan (%) -35.8 2019 yearly 2006 - 2019
Laos (%) 16.8 2019 yearly 2006 - 2019
Latvia (%) 0.8 2019 yearly 2006 - 2019
Lebanon (%) -33.8 2019 yearly 2006 - 2019
Lithuania (%) 30.7 2019 yearly 2006 - 2019
Luxembourg (%) 4.4 2019 yearly 2006 - 2019
North Macedonia (%) 5.9 2019 yearly 2006 - 2019
Malawi (%) 1.6 2019 yearly 2006 - 2019
Malaysia (%) -9.9 Mar 2024 monthly Jul 1995 - Mar 2024
Malta (%) -6.1 2019 yearly 2006 - 2019
Mauritius (%) 3.0 2019 yearly 2006 - 2019
Mexico (%) 4.4 Mar 2024 monthly Jan 1996 - Mar 2024
Moldova (%) 7.7 2019 yearly 2006 - 2019
Mongolia (%) -41.0 2019 yearly 2006 - 2019
Morocco (%) -8.0 2022 yearly 2006 - 2022
Myanmar (%) 43.8 2019 yearly 2006 - 2019
Nepal (%) 3.5 2019 yearly 2006 - 2019
Netherlands (%) -4.1 2022 yearly 2006 - 2022
New Zealand (%) -9.5 2023 yearly 1976 - 2023
Nigeria (%) -42.4 2019 yearly 2006 - 2019
Norway (%) -3.4 2022 yearly 2006 - 2022
Oman (%) -0.2 2019 yearly 2006 - 2019
Pakistan (%) 44.5 Feb 2024 monthly Jul 2006 - Feb 2024
Palestinian Territory (%) -25.3 2019 yearly 2006 - 2019
Panama (%) 16.4 Jan 2024 monthly Jan 2006 - Jan 2024
Paraguay (%) -15.0 2019 yearly 2006 - 2019
Peru (%) 6.0 2022 yearly 2006 - 2022
Philippines (%) 1.6 Mar 2024 monthly Jan 1997 - Mar 2024
Poland (%) -6.6 2022 yearly 2006 - 2022
Portugal (%) 6.7 Mar 2024 monthly Jan 2001 - Mar 2024
Qatar (%) 0.1 2019 yearly 2006 - 2019
Romania (%) 4.5 2022 yearly 2006 - 2022
Russia (%) 104.3 Mar 2024 monthly Jan 2009 - Mar 2024
Saudi Arabia (%) 10.8 2022 yearly 2006 - 2022
Serbia (%) 4.5 2019 yearly 2006 - 2019
Singapore (%) -7.4 Feb 2024 monthly Jan 2011 - Feb 2024
Slovakia (%) 3.1 2022 yearly 2006 - 2022
Slovenia (%) -14.9 2022 yearly 2006 - 2022
South Africa (%) -11.5 Mar 2024 monthly Jan 2004 - Mar 2024
Spain (%) -7.3 2022 yearly 2006 - 2022
Sri Lanka (%) -27.0 2019 yearly 2006 - 2019
Sudan (%) -13.8 2019 yearly 2006 - 2019
Sweden (%) -4.1 2022 yearly 2006 - 2022
Switzerland (%) -6.3 2022 yearly 2006 - 2022
Syria (%) 62.8 2019 yearly 2006 - 2019
Taiwan (%) -6.8 Mar 2024 monthly Jan 1998 - Mar 2024
Tajikistan (%) 0.8 2019 yearly 2006 - 2019
Thailand (%) -29.8 Mar 2024 monthly Dec 1992 - Mar 2024
Tunisia (%) -5.3 2019 yearly 2006 - 2019

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China Key Series

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Includes 280 key indicators for China, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.8 Mar 2024 quarterly Dec 1995 - Mar 2024
Consolidated Fiscal Balance (USD mn) -138,026.800 Mar 2024 monthly Jan 1995 - Mar 2024
Tax Revenue (USD mn) 157,633.826 Mar 2024 monthly Jan 1995 - Mar 2024
Tax Revenue: % of GDP (%) 3.8 Mar 2024 quarterly Mar 1995 - Mar 2024
National Government Debt (USD mn) 4,229,989.2 2023 yearly 2005 - 2023
Government Debt: % of GDP (%) 22.7 Sep 2023 quarterly Mar 2014 - Sep 2023
Forecast: Government Expenditure (RMB bn) 60,775.948 2029 yearly 1982 - 2029
Forecast: Government Net Debt (RMB bn) 192,017.140 2029 yearly 1995 - 2029
Forecast: Government Revenue (RMB bn) 47,044.385 2029 yearly 1982 - 2029
Foreign Debts: Qtr: Long Term (USD mn) 1,084,700.000 Dec 2023 quarterly Jun 2003 - Dec 2023
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.732 2028 yearly 1998 - 2028
Export to Import Ratio (%) 133.003 Dec 2023 monthly Jan 1992 - Dec 2023
Trade Balance (USD mn) 58,551.1 Mar 2024 monthly Jan 1992 - Mar 2024
Total Exports (USD mn) 279,681.7 Mar 2024 monthly Jan 1992 - Mar 2024
Total Exports Growth (%) 28.1 Oct 2021 monthly May 2009 - Oct 2021
Aluminum: Exports (USD th) 26,004,555.285 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 7,336,060.515 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 16,671,966.370 2022 yearly 1995 - 2022
Total Imports (USD mn) 221,130.6 Mar 2024 monthly Jan 1992 - Mar 2024
Total Imports Growth (%) 20.8 Oct 2021 monthly May 2009 - Oct 2021
Imports: Medicament (USD th) 23,784,262.340 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 16,976,456.488 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 36,723.780 Mar 2024 monthly Jan 1981 - Mar 2024
Total Imports from USA (USD mn) 13,783.675 Mar 2024 monthly Jan 1981 - Mar 2024
Trade Index: Export: Quantum (Prev Year=100) 98.700 Mar 2024 monthly Jan 2005 - Mar 2024
Trade Index: Export: Value (Prev Year=100) 96.200 Mar 2024 monthly Jan 2005 - Mar 2024
Trade Index: Export: Unit Value (Prev Year=100) 97.400 Mar 2024 monthly Jan 2005 - Mar 2024
Trade Index: Import: Unit Value (Prev Year=100) 102.700 Mar 2024 monthly Jan 2005 - Mar 2024
Trade Index: Import: Value (Prev Year=100) 102.000 Mar 2024 monthly Jan 2005 - Mar 2024
Trade Index: Import: Quantum (Prev Year=100) 99.300 Mar 2024 monthly Jan 2005 - Mar 2024
Automobile: Exports: Total (USD mn) 17,167.785 Mar 2024 monthly Jan 2003 - Mar 2024
Automobile: Exports: MC: Bus (USD mn) 2,019.937 Mar 2024 monthly Jan 2003 - Mar 2024
Automobile: Exports: MC: Sedan (USD mn) 1,406.067 Mar 2024 monthly Jan 2003 - Mar 2024
Automobile: Exports: Motorcycle (USD mn) 593.598 Mar 2024 monthly Mar 2003 - Mar 2024
Automobile: Imports: Total (USD mn) 5,170.253 Mar 2024 monthly Jan 2003 - Mar 2024
Imports: Other, Apparatus Based on the Use of X-rays for Medical (USD th) 66,760.689 Mar 2018 monthly Jan 2003 - Mar 2018
Imports: Computed Tomography Apparatus (USD th) 92,098.563 Mar 2018 monthly Jan 2003 - Mar 2018
Exports: Massage Apparatus (USD th) 172,419.213 Mar 2018 monthly Jan 2003 - Mar 2018
Exports: Other Needles, Catheters, Cannulae and the Like (USD th) 96,906.178 Mar 2018 monthly Jan 2003 - Mar 2018
Imports: Other Needles, Catheters, Cannulae and the Like (USD th) 152,633.684 Mar 2018 monthly Jan 2003 - Mar 2018
Exports: Adhesive Plasters (USD th) 45,585.795 Mar 2018 monthly Jan 2003 - Mar 2018
CN: Steel: Import: Steel Product: Rod & Bar (Ton th) 66.624 Mar 2024 monthly Jan 2002 - Mar 2024
CN: Steel: Import: Steel Product: Sheet & Plate (Ton th) 505.195 Mar 2024 monthly Jan 2002 - Mar 2024
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 43,582.5 Dec 2023 quarterly Mar 1998 - Dec 2023
Current Account Balance (USD mn) 56,191.5 Dec 2023 quarterly Mar 1998 - Dec 2023
Current Account Balance: % of GDP (%) 1.2 Dec 2023 quarterly Mar 1998 - Dec 2023
Foreign Direct Investment (USD mn) 17,668.5 Dec 2023 quarterly Mar 1998 - Dec 2023
Foreign Direct Investment: % of GDP (%) 0.4 Dec 2023 quarterly Mar 1998 - Dec 2023
Foreign Portfolio Investment (USD mn) 45,812.551 Dec 2023 quarterly Mar 1998 - Dec 2023
Foreign Portfolio Investment: % of GDP (%) 1.0 Dec 2023 quarterly Mar 1998 - Dec 2023
Foreign Portfolio Investment: Equity Securities (USD mn) -13,685.6 Dec 2023 quarterly Mar 1998 - Dec 2023
Foreign Portfolio Investment: Debt Securities (USD mn) 59,498.171 Dec 2023 quarterly Mar 1998 - Dec 2023
External Debt (USD mn) 2,447,537.5 Dec 2023 quarterly Jun 2003 - Dec 2023
External Debt: % of GDP (%) 13.7 2023 yearly 1985 - 2023
External Debt: Short Term (USD mn) 1,362,800.0 Dec 2023 quarterly Jun 2003 - Dec 2023
External Debt: Short Term: % of GDP (%) 7.7 2023 yearly 1985 - 2023
Forecast: Current Account Balance (USD bn) 268.682 2029 yearly 1997 - 2029
Net International Investment Position (USD mn) 2,908,204.202 Dec 2023 quarterly Mar 2011 - Dec 2023
BoP: Current Account (CA) (USD mn) 56,191.509 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: CA: Credit (USD mn) 988,546.409 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: CA: Debit (USD mn) -932,354.900 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: CA: Goods (USD mn) 151,143.123 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: CA: Goods: Export (USD mn) 843,200.180 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: CA: Goods: Import (USD mn) -692,057.057 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: CA: Services (USD mn) -56,695.103 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: CA: Services: Credit (USD mn) 85,533.362 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: CA: Services: Debit (USD mn) -142,228.464 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: CA: Primary Income (USD mn) -42,647.146 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: CA: Primary Income: Credit (USD mn) 50,147.937 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: CA: Primary Income: Debit (USD mn) -92,795.083 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: CA: Secondary Income (USD mn) 4,390.635 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: CA: Secondary Income: Credit (USD mn) 9,664.931 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: CA: Secondary Income: Debit (USD mn) -5,274.295 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: Capital Account (USD mn) -81.481 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: Capital Account: Credit (USD mn) 38.919 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: Capital Account: Debit (USD mn) -120.400 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: Financial Account (FA) (USD mn) -46,554.188 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: FA: Asset (USD mn) -89,936.814 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: FA: Non-reserve (USD mn) -34,033.548 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: FA: Liability (USD mn) 43,382.626 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: FA: Reserve Asset (USD mn) -12,520.640 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: Net Errors and Omissions (USD mn) -9,555.840 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: FA: Non-reserve: Asset (USD mn) -77,416.174 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: FA: Non-reserve: Liability (USD mn) 43,382.626 Dec 2023 quarterly Mar 1998 - Dec 2023
CN: FDI: Utilized: ytd: Manufacturing (USD mn) 41,174.210 Dec 2018 quarterly Dec 1997 - Dec 2018
CN: FDI: Utilized: ytd: Mfg: Comm, Computer & Other Electronic Eq (USD mn) 8,408.270 Dec 2018 quarterly Mar 1999 - Dec 2018
CN: FDI: Utilized: ytd: Wholesale and Retail Trade (USD mn) 9,766.890 Dec 2018 quarterly Mar 2001 - Dec 2018
CN: FDI: Utilized: ytd: Real Estate (USD mn) 22,467.400 Dec 2018 quarterly Dec 1997 - Dec 2018
CN: FDI: Utilized: ytd: Leasing and Commercial Service (USD mn) 18,874.590 Dec 2018 quarterly Mar 2001 - Dec 2018
Outward Investment: Latin America: British Virgin Islands (USD mn) 9,115.950 2022 yearly 2003 - 2022
Outward Investment: Asia: Singapore (USD mn) 8,295.380 2022 yearly 2003 - 2022
Outward Investment: Latin America: Cayman Islands (USD mn) 5,762.380 2022 yearly 2003 - 2022
Outward Investment: Leasing and Commercial Service (USD mn) 33,700.000 2023 yearly 2003 - 2023
Outward Investment: Information Transmission, Software and Information Technolog... (USD mn) 4,900.000 2023 yearly 2003 - 2023
Outward Investment: Wholesale and Retail Trade (USD mn) 29,200.000 2023 yearly 2003 - 2023
Outward Investment: Financial Intermediation (USD mn) 17,720.000 2023 yearly 2006 - 2023
Outward Investment: Manufacturing (USD mn) 27,900.000 2023 yearly 2003 - 2023
Outward Investment: Hong Kong (USD mn) 97,534.230 2022 yearly 2003 - 2022
Outward Investment: United States (USD mn) 7,292.080 2022 yearly 2003 - 2022
Industrial Enterprise: No of Loss Making Enterprise (Unit) 167,895.000 Feb 2024 monthly Jan 1995 - Feb 2024
No of Business Entity: New Registration: ytd: Company (Unit mn) 9.040 Dec 2021 monthly Dec 2008 - Dec 2021
QFII: Approved Investment Fund: accumulated (USD mn) 116,259.000 May 2020 monthly Jun 2003 - May 2020
QFII: No of Institution: accumulated (Unit) 281.000 Apr 2015 monthly May 2003 - Apr 2015
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.6 Dec 2023 quarterly Mar 2005 - Dec 2023
Household Debt: % of GDP (%) 63.3 Mar 2023 quarterly Mar 2007 - Mar 2023
Non-Performing Loans (USD mn) 441,007.303 Jun 2022 quarterly Mar 2005 - Jun 2022
Money Supply M1 (USD mn) 9,272,053.180 Sep 2023 monthly Jan 1997 - Sep 2023
Money Supply M2 (USD mn) 39,662,938.596 Sep 2023 monthly Jan 1997 - Sep 2023
M2 Growth (%) 8.3 Mar 2024 monthly Mar 1997 - Mar 2024
Reserve Requirement Ratio (%) 7.0 Mar 2024 monthly Jan 1985 - Mar 2024
Foreign Exchange Reserves (USD mn) 3,245,657.0 Mar 2024 monthly Jan 1989 - Mar 2024
Foreign Exchange Reserves: Months of Import (NA) 14.7 Mar 2024 monthly Jan 2000 - Mar 2024
Gold Reserves (USD mn) 161,069.000 Mar 2024 monthly Dec 1977 - Mar 2024
Total Deposits (USD mn) 40,927,027.547 Mar 2024 monthly Jan 1997 - Mar 2024
Total Deposits Growth (%) 7.9 Mar 2024 monthly Jan 1998 - Mar 2024
Domestic Credit (USD mn) 46,900,787.9 Mar 2024 monthly Jun 1999 - Mar 2024
Domestic Credit Growth (%) 9.6 Mar 2024 monthly Jun 2000 - Mar 2024
Debt Service Ratio: Private Non-Financial Sector (%) 21.600 Sep 2023 quarterly Mar 1999 - Sep 2023
Credit to Households (USD bn) 10,659.804 Sep 2023 quarterly Mar 2006 - Sep 2023
Credit to Private Non-Financial Sector (USD bn) 39,191.732 Sep 2023 quarterly Dec 1985 - Sep 2023
Household Debt (USD mn) 11,278,899.9 Mar 2024 monthly Jan 2007 - Mar 2024
Total Loans (USD mn) 34,215,930.225 Mar 2024 monthly Jan 1997 - Mar 2024
Total Loans Growth (%) 9.58 Mar 2024 monthly Jan 1998 - Mar 2024
Private Debt: % of Nominal GDP (%) 194.67 Dec 2023 quarterly Dec 1992 - Dec 2023
Business and Economic Survey Last Frequency Range
Trade Policy Uncertainty Index (Index) 281.981 Mar 2024 monthly Jan 2000 - Mar 2024
Business Confidence Growth (% Point) -2.2 Mar 2024 monthly Jan 2006 - Mar 2024
Lagging Index (2015=100) 99.353 Feb 2020 monthly Jan 2001 - Feb 2020
Coincident Index (2015=100) 76.044 Feb 2020 monthly Jan 2001 - Feb 2020
Leading Index (2015=100) 92.852 Feb 2020 monthly Jan 2001 - Feb 2020
5000 Indu Enterprises: DI: General Business Condition (%) 49.700 Mar 2024 quarterly Jun 1992 - Mar 2024

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