China vs Upper middle income: Debt service on external debt, public and publicly guaranteed (PPG)

China
79.27 billion TDS, current US$
in 2024
Upper middle income
322.86 billion TDS, current US$
in 2024
China rank
1st
Upper middle income rank
3rd

Debt service on external debt, public and publicly guaranteed (PPG) over time

  • China
  • Upper middle income
0100.0B200.0B300.0B197019972024

How they compare

Upper middle income currently reports 322.86 billion TDS, current US$ against 79.27 billion TDS, current US$ in China, a difference of 243.58 billion TDS, current US$.

That makes Upper middle income's figure about 4.1 times China's.

Across all 44 years both countries report, Upper middle income has been ahead every year.

China ranks 1st and Upper middle income ranks 3rd of 123 countries.

Upper middle income has averaged higher in every one of the 5 decades both report.

Head to head by decade

Decade China Upper middle income Difference Ahead
1980s 2.63 billion TDS, current US$ 45.98 billion TDS, current US$ 43.35 billion TDS, current US$ Upper middle income
1990s 11.31 billion TDS, current US$ 83.83 billion TDS, current US$ 72.52 billion TDS, current US$ Upper middle income
2000s 10.72 billion TDS, current US$ 113.35 billion TDS, current US$ 102.63 billion TDS, current US$ Upper middle income
2010s 18.79 billion TDS, current US$ 162.64 billion TDS, current US$ 143.85 billion TDS, current US$ Upper middle income
2020s 75.69 billion TDS, current US$ 284.27 billion TDS, current US$ 208.58 billion TDS, current US$ Upper middle income

Averages of every year both report within each decade.

Frequently asked questions

Which has higher debt service on external debt, public and publicly guaranteed (ppg), China or Upper middle income?
Upper middle income, at 322.86 billion TDS, current US$ against 79.27 billion TDS, current US$ in China as of 2024.
What is the difference in debt service on external debt, public and publicly guaranteed (ppg) between China and Upper middle income?
243.58 billion TDS, current US$, with Upper middle income ahead.
How many years of comparable data are there for China and Upper middle income?
44 years are reported by both, from 1981 to 2024.
How do China and Upper middle income rank globally for debt service on external debt, public and publicly guaranteed (ppg)?
China ranks 1st and Upper middle income ranks 3rd of 123 countries.
Where does this data come from?
International Debt Statistics, World Bank (WB), published as Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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China vs Upper middle income: Debt service on external debt, public and publicly guaranteed (PPG). Statizoid, drawing on International Debt Statistics, World Bank (WB). Retrieved 05 September 2026, from https://debt.statizoid.com/compare/debt-service-on-external-debt-public-and-publicly-guaranteed-ppg-tds-current-us/china/upper-middle-income/

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About this data

Indicator
Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$)
Unit
TDS, current US$
Source
International Debt Statistics, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
135 places, 6,429 data points, 1970–2024
Last refreshed

Public and publicly guaranteed debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term obligations of public debtors and long-term private obligations guaranteed by a public entity. Data are in current U.S. dollars.