China recorded a Government Debt to GDP of 77.10 percent of the country's Gross Domestic Product in 2022. Government Debt to GDP in China averaged 37.08 percent of GDP from 1995 until 2022, reaching an all time high of 77.10 percent of GDP in 2022 and a record low of 20.60 percent of GDP in 1997. source: IMF

Government Debt to GDP in China is expected to reach 81.00 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 85.00 percent of GDP in 2025 and 92.00 percent of GDP in 2026, according to our econometric models.



Related Last Previous Unit Reference
Credit Rating 78.00 Apr 2024
Fiscal Expenditure 43624.00 36112.00 CNY Hundred Million Feb 2024
Government Budget -7.40 -6.10 percent of GDP Dec 2022
Government Budget Value -354.40 -292.10 CNY Billion Feb 2024
Government Debt to GDP 77.10 71.80 percent of GDP Dec 2022
Government Revenues 44585.00 16653.00 CNY Hundred Million Feb 2024
Government Spending 193360.00 181673.00 CNY Hundred Million Dec 2022
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
77.10 71.80 77.10 20.60 1995 - 2022 percent of GDP Yearly