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The IMF estimated China’s national debt to be 51.2% of GDP by the end of 2017. However, most of that debt is owed by local government. To learn about China’s GDP health, their most exported and imported products, and how the nation’s economy contributes on a global scale, see our Economic Overview Of China.
China National Government Debt reached 4,230.0 USD bn in Dec 2023, compared with 3,750.7 USD bn in the previous year. China National Government Debt data is updated yearly, available from Dec 2005 to Dec 2023.
The national debt[note 1] (or government debt) of the People's Republic of China is the total amount of money owed by the central government, local governments, government branches and state organizations of China. According to the International Monetary Fund, general government debt amounted to 77% of GDP in 2022. [1]
A major lender abroad, China is facing a debt bomb at home: trillions of dollars owed by local governments, their financial affiliates, and real estate developers.
The national debt in China was forecast to continuously increase between 2024 and 2029 by in total 10.3 trillion U.S. dollars (+63.42 percent). After the tenth consecutive increasing year,...
The national debt increased in China. In 2022 China public debt was 13,768,928 million dollars, has increased 1,011,354 million since 2021. This amount means that the debt in 2022 reached 76.98% of China GDP, a 5.14 percentage point rise from 2021, when it was 71.84% of GDP.
China’s outstanding foreign debt, including US dollar debt, reached US$2.29 trillion at the end of September in 2020, up from US$2.13 trillion at the end of June, according to China’s State...
Graph and download economic data for General government gross debt for China (GGGDTACNA188N) from 1995 to 2023 about China, gross, debt, and government.
China Government debt accounted for 24.0 % of the country's Nominal GDP in Mar 2024, compared with the ratio of 23.8 % in the previous quarter. China government debt to GDP ratio data is updated quarterly, available from Mar 2014 to Mar 2024.
Central government debt, total (% of GDP) - China. International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.