China Motor Vehicles Sales Growth

2001 - 2024 | Monthly | % | CEIC Data

Key information about China Motor Vehicles Sales Growth

  • China Motor Vehicles Sales grew 7.0 % in Oct 2024, compared with a decrease of 1.7 % in the previous month.
  • China Motor Vehicles Sales Growth rate is updated monthly, available from Jan 2001 to Oct 2024, with an average growth rate of 9.9 %.
  • 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 3,052,930.0 units in Oct 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 Oct 2024 in the chart:

China Motor Vehicles Sales Growth

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

China Motor Vehicles Sales grew 7.0 % in Oct 2024, compared with a decrease of 1.7 % in the previous month. See the table below for more data.

Last Previous Min Max Unit Frequency Range
7.0 Oct 2024 -1.7 Sep 2024 -79.1 Feb 2020 369.4 Feb 2021 % monthly Jan 2001 - Oct 2024

Motor Vehicles Sales Growth by Country Comparison

country/region Last Frequency Range
Albania (%) 38.9 2019 yearly 2006 - 2019
Algeria (%) -1.8 2019 yearly 2006 - 2019
Argentina (%) 7.0 Oct 2024 monthly Jan 1997 - Oct 2024
Armenia (%) -32.8 2019 yearly 2006 - 2019
Australia (%) -11.6 Nov 2024 monthly Jan 1995 - Nov 2024
Austria (%) 14.0 2023 yearly 2006 - 2023
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 (%) 19.2 Nov 2024 monthly Jan 2003 - Nov 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 (%) 7.6 Oct 2024 monthly Jan 1947 - Oct 2024
Chile (%) 10.1 Oct 2024 monthly Jan 2010 - Oct 2024
China (%) 7.0 Oct 2024 monthly Jan 2001 - Oct 2024
Colombia (%) 38.4 Oct 2024 monthly Jan 2004 - Oct 2024
Croatia (%) 31.2 2023 yearly 2006 - 2023
Cyprus (%) -3.9 2019 yearly 2006 - 2019
Czech Republic (%) 10.2 Dec 2020 monthly Jan 2012 - Dec 2020
Denmark (%) 12.7 2023 yearly 2006 - 2023
Ecuador (%) -1.6 2023 yearly 2006 - 2023
Egypt (%) -50.9 2023 yearly 2006 - 2023
Estonia (%) 18.6 2019 yearly 2006 - 2019
Finland (%) 6.3 2023 yearly 2006 - 2023
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 (%) 25.7 2023 yearly 2006 - 2023
Hong Kong SAR, China (%) -12.8 2019 yearly 2006 - 2019
Hungary (%) 0.1 2023 yearly 2006 - 2023
Iceland (%) -34.2 2019 yearly 2006 - 2019
India (%) 2.8 Mar 2022 monthly May 2002 - Mar 2022
Indonesia (%) -11.9 Nov 2024 monthly Jan 1990 - Nov 2024
Iran (%) -31.7 2019 yearly 2006 - 2019
Ireland (%) 17.4 2023 yearly 2006 - 2023
Israel (%) 24.7 2023 yearly 2006 - 2023
Italy (%) 19.2 2023 yearly 2006 - 2023
Ivory Coast (%) 15.8 2019 yearly 2006 - 2019
Japan (%) 1.2 Oct 2024 monthly Jan 1992 - Oct 2024
Jordan (%) 3.6 2019 yearly 2006 - 2019
Kazakhstan (%) 70.9 2023 yearly 2006 - 2023
Kenya (%) -23.9 2019 yearly 2006 - 2019
South Korea (%) 4.9 Oct 2024 monthly Jan 1995 - Oct 2024
Kuwait (%) 17.6 2023 yearly 2006 - 2023
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 (%) -7.8 Nov 2024 monthly Jul 1995 - Nov 2024
Malta (%) -6.1 2019 yearly 2006 - 2019
Mauritius (%) 3.0 2019 yearly 2006 - 2019
Mexico (%) 7.5 Oct 2024 monthly Jan 1996 - Oct 2024
Moldova (%) 7.7 2019 yearly 2006 - 2019
Mongolia (%) -41.0 2019 yearly 2006 - 2019
Morocco (%) 0.1 2023 yearly 2006 - 2023
Myanmar (%) 43.8 2019 yearly 2006 - 2019
Nepal (%) 3.5 2019 yearly 2006 - 2019
Netherlands (%) 18.9 2023 yearly 2006 - 2023
New Zealand (%) -9.5 2023 yearly 1976 - 2023
Nigeria (%) -42.4 2019 yearly 2006 - 2019
Norway (%) -21.9 2023 yearly 2006 - 2023
Oman (%) -0.2 2019 yearly 2006 - 2019
Pakistan (%) 115.5 Oct 2024 monthly Jul 2006 - Oct 2024
Palestinian Territory (%) -25.3 2019 yearly 2006 - 2019
Panama (%) -3.1 Sep 2024 monthly Jan 2006 - Sep 2024
Paraguay (%) -15.0 2019 yearly 2006 - 2019
Peru (%) 1.9 2023 yearly 2006 - 2023
Philippines (%) 4.9 Oct 2024 monthly Jan 1997 - Oct 2024
Poland (%) 11.4 2023 yearly 2006 - 2023
Portugal (%) 10.0 Oct 2024 monthly Jan 2001 - Oct 2024
Qatar (%) 0.1 2019 yearly 2006 - 2019
Romania (%) 13.3 2023 yearly 2006 - 2023
Russia (%) 61.1 Oct 2024 monthly Jan 2009 - Oct 2024
Saudi Arabia (%) 23.1 2023 yearly 2006 - 2023
Serbia (%) 4.5 2019 yearly 2006 - 2019
Singapore (%) 67.3 Sep 2024 monthly Jan 2011 - Sep 2024
Slovakia (%) 13.1 2023 yearly 2006 - 2023
Slovenia (%) -14.9 2022 yearly 2006 - 2022
South Africa (%) 5.5 Oct 2024 monthly Jan 2004 - Oct 2024
Spain (%) 17.6 2023 yearly 2006 - 2023
Sri Lanka (%) -27.0 2019 yearly 2006 - 2019
Sudan (%) -13.8 2019 yearly 2006 - 2019
Sweden (%) 3.6 2023 yearly 2006 - 2023
Switzerland (%) 12.9 2023 yearly 2006 - 2023
Syria (%) 62.8 2019 yearly 2006 - 2019
Taiwan (%) -8.1 Oct 2024 monthly Jan 1998 - Oct 2024
Tajikistan (%) 0.8 2019 yearly 2006 - 2019
Thailand (%) -36.1 Oct 2024 monthly Dec 1992 - Oct 2024
Tunisia (%) -5.3 2019 yearly 2006 - 2019

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China Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -5.0 Sep 2024 quarterly Dec 1995 - Sep 2024
Consolidated Fiscal Balance (USD mn) -132,647.822 Nov 2024 monthly Jan 1995 - Nov 2024
Tax Revenue (USD mn) 154,586.959 Nov 2024 monthly Jan 1995 - Nov 2024
Tax Revenue: % of GDP (%) 11.3 Sep 2024 quarterly Mar 1995 - Sep 2024
National Government Debt (USD mn) 4,229,996.2 2023 yearly 2005 - 2023
Government Debt: % of GDP (%) 24.6 Jun 2024 quarterly Mar 2014 - Jun 2024
Forecast: Government Expenditure (RMB bn) 61,759.865 2029 yearly 1982 - 2029
Forecast: Government Net Debt (RMB bn) 193,709.639 2029 yearly 1995 - 2029
Forecast: Government Revenue (RMB bn) 47,402.036 2029 yearly 1982 - 2029
Foreign Debts: Qtr: Long Term (USD mn) 1,118,000.000 Jun 2024 quarterly Jun 2003 - Jun 2024
Foreign Debts: Qtr: Total (USD mn) 2,545,309.370 Jun 2024 quarterly Jun 2003 - Jun 2024
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) 95,718.8 Oct 2024 monthly Jan 1992 - Oct 2024
Total Exports (USD mn) 309,058.4 Oct 2024 monthly Jan 1992 - Oct 2024
Total Exports Growth (%) 28.1 Oct 2021 monthly May 2009 - Oct 2021
Aluminum: Exports (USD th) 19,159,160.685 2023 yearly 1995 - 2023
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) 213,339.6 Oct 2024 monthly Jan 1992 - Oct 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) 46,663.409 Oct 2024 monthly Jan 1981 - Oct 2024
Total Imports from USA (USD mn) 13,161.260 Oct 2024 monthly Jan 1981 - Oct 2024
Trade Index: Export: Quantum (Prev Year=100) 117.300 Oct 2024 monthly Jan 2005 - Oct 2024
Trade Index: Export: Value (Prev Year=100) 111.200 Oct 2024 monthly Jan 2005 - Oct 2024
Trade Index: Export: Unit Value (Prev Year=100) 94.800 Oct 2024 monthly Jan 2005 - Oct 2024
Trade Index: Import: Unit Value (Prev Year=100) 97.600 Oct 2024 monthly Jan 2005 - Oct 2024
Trade Index: Import: Value (Prev Year=100) 96.300 Oct 2024 monthly Jan 2005 - Oct 2024
Trade Index: Import: Quantum (Prev Year=100) 98.700 Oct 2024 monthly Jan 2005 - Oct 2024
Automobile: Exports: Total (USD mn) 18,932.688 Oct 2024 monthly Jan 2003 - Oct 2024
Automobile: Exports: MC: Bus (USD mn) 2,479.167 Oct 2024 monthly Jan 2003 - Oct 2024
Automobile: Exports: MC: Sedan (USD mn) 1,707.482 Oct 2024 monthly Jan 2003 - Oct 2024
Automobile: Exports: Motorcycle (USD mn) 773.287 Oct 2024 monthly Mar 2003 - Oct 2024
Automobile: Imports: Total (USD mn) 4,671.671 Oct 2024 monthly Jan 2003 - Oct 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) 48.279 Oct 2024 monthly Jan 2002 - Oct 2024
CN: Steel: Import: Steel Product: Sheet & Plate (Ton th) 448.099 Oct 2024 monthly Jan 2002 - Oct 2024
Export Value Index (2015=100) 147.961 2021 yearly 1980 - 2021
Import Value Index (2015=100) 160.079 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 33,900.0 Sep 2024 quarterly Mar 1998 - Sep 2024
Current Account Balance (USD mn) 146,900.0 Sep 2024 quarterly Mar 1998 - Sep 2024
Current Account Balance: % of GDP (%) 3.2 Sep 2024 quarterly Mar 1998 - Sep 2024
Foreign Direct Investment (USD mn) -8,100.0 Sep 2024 quarterly Mar 1998 - Sep 2024
Foreign Direct Investment: % of GDP (%) -0.2 Sep 2024 quarterly Mar 1998 - Sep 2024
Foreign Portfolio Investment (USD mn) 36,903.098 Jun 2024 quarterly Mar 1998 - Jun 2024
Foreign Portfolio Investment: % of GDP (%) 0.8 Jun 2024 quarterly Mar 1998 - Jun 2024
Foreign Portfolio Investment: Equity Securities (USD mn) 1,738.0 Jun 2024 quarterly Mar 1998 - Jun 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 35,165.067 Jun 2024 quarterly Mar 1998 - Jun 2024
External Debt (USD mn) 2,545,309.4 Jun 2024 quarterly Jun 2003 - Jun 2024
External Debt: % of GDP (%) 13.7 2023 yearly 1985 - 2023
External Debt: Short Term (USD mn) 1,427,300.0 Jun 2024 quarterly Jun 2003 - Jun 2024
External Debt: Short Term: % of GDP (%) 7.7 2023 yearly 1985 - 2023
Forecast: Current Account Balance (USD bn) 285.473 2029 yearly 1997 - 2029
Net International Investment Position (USD mn) 2,988,275.210 Jun 2024 quarterly Mar 2011 - Jun 2024
BoP: CA: Goods: Export (USD mn) 893,200.000 Sep 2024 quarterly Mar 1998 - Sep 2024
BoP: Current Account (CA) (USD mn) 146,900.000 Sep 2024 quarterly Mar 1998 - Sep 2024
BoP: CA: Goods (USD mn) 229,800.000 Sep 2024 quarterly Mar 1998 - Sep 2024
BoP: CA: Debit (USD mn) -939,800.000 Sep 2024 quarterly Mar 1998 - Sep 2024
BoP: CA: Primary Income (USD mn) -28,500.000 Sep 2024 quarterly Mar 1998 - Sep 2024
BoP: CA: Services: Credit (USD mn) 98,600.000 Sep 2024 quarterly Mar 1998 - Sep 2024
BoP: CA: Primary Income: Credit (USD mn) 84,900.000 Sep 2024 quarterly Mar 1998 - Sep 2024
BoP: CA: Goods: Import (USD mn) -663,400.000 Sep 2024 quarterly Mar 1998 - Sep 2024
BoP: CA: Services (USD mn) -58,500.000 Sep 2024 quarterly Mar 1998 - Sep 2024
BoP: CA: Secondary Income: Credit (USD mn) 9,900.000 Sep 2024 quarterly Mar 1998 - Sep 2024
BoP: CA: Secondary Income (USD mn) 4,000.000 Sep 2024 quarterly Mar 1998 - Sep 2024
BoP: CA: Services: Debit (USD mn) -157,100.000 Sep 2024 quarterly Mar 1998 - Sep 2024
BoP: Financial Account (FA) (USD mn) -146,900.000 Sep 2024 quarterly Mar 1998 - Sep 2024
BoP: FA: Non-reserve (USD mn) -174,300.000 Sep 2024 quarterly Mar 1998 - Sep 2024
BoP: FA: Asset (USD mn) -75,575.362 Jun 2024 quarterly Mar 1998 - Jun 2024
BoP: FA: Reserve Asset (USD mn) 27,400.000 Sep 2024 quarterly Mar 1998 - Sep 2024
BoP: FA: Liability (USD mn) 27,296.520 Jun 2024 quarterly Mar 1998 - Jun 2024
BoP: CA: Credit (USD mn) 1,086,600.000 Sep 2024 quarterly Mar 1998 - Sep 2024
BoP: Capital Account: Credit (USD mn) 20.497 Jun 2024 quarterly Mar 1998 - Jun 2024
BoP: Capital Account (USD mn) -93.831 Jun 2024 quarterly Mar 1998 - Jun 2024
BoP: CA: Secondary Income: Debit (USD mn) -5,900.000 Sep 2024 quarterly Mar 1998 - Sep 2024
BoP: Capital Account: Debit (USD mn) -114.327 Jun 2024 quarterly Mar 1998 - Jun 2024
BoP: Net Errors and Omissions (USD mn) -6,152.645 Jun 2024 quarterly Mar 1998 - Jun 2024
BoP: FA: Non-reserve: Liability (USD mn) 27,296.520 Jun 2024 quarterly Mar 1998 - Jun 2024
BoP: FA: Non-reserve: Asset (USD mn) -123,474.102 Jun 2024 quarterly Mar 1998 - Jun 2024
BoP: CA: Primary Income: Debit (USD mn) -113,400.000 Sep 2024 quarterly Mar 1998 - Sep 2024
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) 2,546.100 2023 yearly 2003 - 2023
Outward Investment: Asia: Singapore (USD mn) 13,097.140 2023 yearly 2003 - 2023
Outward Investment: Latin America: Cayman Islands (USD mn) 8,730.840 2023 yearly 2003 - 2023
Outward Investment: Leasing and Commercial Service (USD mn) 54,166.190 2023 yearly 2003 - 2023
Outward Investment: Information Transmission, Software and Information Technolog... (USD mn) 2,281.350 2023 yearly 2003 - 2023
Outward Investment: Financial Intermediation (USD mn) 18,218.520 2023 yearly 2006 - 2023
Outward Investment: Manufacturing (USD mn) 27,342.250 2023 yearly 2003 - 2023
Outward Investment: Wholesale and Retail Trade (USD mn) 38,822.620 2023 yearly 2003 - 2023
Outward Investment: Hong Kong (USD mn) 108,767.000 2023 yearly 2003 - 2023
Outward Investment: United States (USD mn) 6,912.930 2023 yearly 2003 - 2023
Industrial Enterprise: No of Loss Making Enterprise (Unit) 140,884.000 Aug 2024 monthly Jan 1995 - Aug 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 Sep 2024 quarterly Mar 2005 - Sep 2024
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) 8,901,543.923 Jun 2024 monthly Jan 1997 - Jun 2024
Money Supply M2 (USD mn) 41,471,680.978 Jun 2024 monthly Jan 1997 - Jun 2024
M2 Growth (%) 7.1 Nov 2024 monthly Mar 1997 - Nov 2024
Reserve Requirement Ratio (%) 6.6 Nov 2024 monthly Jan 1985 - Nov 2024
Foreign Exchange Reserves (USD mn) 3,261,050.0 Oct 2024 monthly Jan 1989 - Oct 2024
Foreign Exchange Reserves: Months of Import (NA) 15.3 Oct 2024 monthly Jan 2000 - Oct 2024
Gold Reserves (USD mn) 199,055.000 Oct 2024 monthly Dec 1977 - Oct 2024
Total Deposits (USD mn) 41,927,288.292 Nov 2024 monthly Jan 1997 - Nov 2024
Total Deposits Growth (%) 6.9 Nov 2024 monthly Jan 1998 - Nov 2024
Domestic Credit (USD mn) 48,958,307.2 Oct 2024 monthly Jun 1999 - Oct 2024
Domestic Credit Growth (%) 9.0 Oct 2024 monthly Jun 2000 - Oct 2024
Debt Service Ratio: Private Non-Financial Sector (%) 18.700 Dec 2023 quarterly Mar 1999 - Dec 2023
Credit to Households (USD bn) 11,013.152 Dec 2023 quarterly Mar 2006 - Dec 2023
Credit to Private Non-Financial Sector (USD bn) 35,543.850 Dec 2023 quarterly Dec 1985 - Dec 2023
Household Debt (USD mn) 11,548,862.7 Oct 2024 monthly Jan 2007 - Oct 2024
Total Loans (USD mn) 35,165,624.180 Nov 2024 monthly Jan 1997 - Nov 2024
Total Loans Growth (%) 7.72 Nov 2024 monthly Jan 1998 - Nov 2024
Private Debt: % of Nominal GDP (%) 200.56 Mar 2024 quarterly Dec 1992 - Mar 2024
Business and Economic Survey Last Frequency Range
Trade Policy Uncertainty Index (Index) 156.326 Sep 2024 monthly Jan 2000 - Sep 2024
Business Confidence Growth (% Point) 1.8 Nov 2024 monthly Jan 2006 - Nov 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 (%) 50.800 Jun 2024 quarterly Jun 1992 - Jun 2024

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