China recorded a government debt equivalent to 50.50 percent of the country's Gross Domestic Product in 2018. source: IMF

Government Debt to GDP in China averaged 30.58 percent from 1995 until 2018, reaching an all time high of 50.50 percent in 2018 and a record low of 20.40 percent in 1997. This page provides - China Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. China Government Debt to GDP - values, historical data and charts - was last updated on December of 2020.

Government Debt to GDP in China is expected to reach 60.00 percent by the end of 2020, 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 65.00 percent in 2021 and 70.00 percent in 2022, according to our econometric models.

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China Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
52.60 50.50 52.60 20.40 1995 - 2019 percent Yearly

China Government Last Previous Highest Lowest Unit
Government Debt to GDP 52.60 50.50 52.60 20.40 percent [+]
Government Budget -2.80 -4.20 0.58 -4.20 percent of GDP [+]
Government Budget Value -256.20 -448.70 5885.80 -15554.19 CNY Billion [+]
Government Spending 238874.00 220904.10 238874.00 68.10 CNY HML [+]
Government Revenues 10956.00 17531.00 35232.00 138.36 CNY HML [+]
Fiscal Expenditure 18407.00 14254.00 32411.00 138.60 CNY HML [+]
Credit Rating 80.00 [+]
Military Expenditure 239223.00 227829.00 239223.00 19287.00 USD Million [+]


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.