China Total Population

Absolute population level — now declining, a structural headwind for future GDP growth.

1.4Bpersons

Trend YoY growth is -0.1%, slowing by 0 bps/month over the last 2Y. Latest: -0.1%, 1 bps above trend, a 0.7σ deviation.

Level

YoY %

y = −0.0% 0 bps/mo · t

Deviation from trend