China recorded a Government Debt to GDP of 83.40 percent of the country's Gross Domestic Product in 2023. Government Debt to GDP in China averaged 38.69 percent of GDP from 1995 until 2023, reaching an all time high of 83.40 percent of GDP in 2023 and a record low of 20.60 percent of GDP in 1997. source: IMF

Government Debt to GDP in China is expected to reach 85.00 percent of GDP by the end of 2024, according to Trading Economics global macro models and analysts expectations. In the long-term, the China Government Debt to GDP is projected to trend around 88.00 percent of GDP in 2025 and 90.00 percent of GDP in 2026, according to our econometric models.




Related Last Previous Unit Reference
Credit Rating 78.00 Nov 2024
Fiscal Expenditure 2788.10 18435.00 CNY Hundred Million Sep 2024
Government Budget -5.80 -7.40 percent of GDP Dec 2023
Government Budget Value -705.30 -808.60 CNY Hundred Million Sep 2024
Government Debt to GDP 83.40 77.40 percent of GDP Dec 2023
Government Revenues 1258.30 12113.00 CNY Hundred Million Sep 2024
Government Spending 208113.40 193360.00 CNY Hundred Million Dec 2023
Holidays
Military Expenditure 296438.60 291958.40 USD Million Dec 2023

China Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.
Actual Previous Highest Lowest Dates Unit Frequency
83.40 77.40 83.40 20.60 1995 - 2023 percent of GDP Yearly