China vs Middle income: External debt stocks, public and publicly guaranteed (PPG)

China
504.11 billion DOD, current US$
in 2024
Middle income
3.42 trillion DOD, current US$
in 2024
China rank
1st
Middle income rank
2nd

External debt stocks, public and publicly guaranteed (PPG) over time

  • China
  • Middle income
01.0T2.0T3.0T197019972024

How they compare

Middle income currently reports 3.42 trillion DOD, current US$ against 504.11 billion DOD, current US$ in China, a difference of 2.92 trillion DOD, current US$.

That makes Middle income's figure about 6.8 times China's.

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

China ranks 1st and Middle income ranks 2nd of 122 countries.

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

Head to head by decade

Decade China Middle income Difference Ahead
1980s 15.98 billion DOD, current US$ 519.78 billion DOD, current US$ 503.80 billion DOD, current US$ Middle income
1990s 81.21 billion DOD, current US$ 931.47 billion DOD, current US$ 850.26 billion DOD, current US$ Middle income
2000s 91.12 billion DOD, current US$ 1.10 trillion DOD, current US$ 1.01 trillion DOD, current US$ Middle income
2010s 176.73 billion DOD, current US$ 2.01 trillion DOD, current US$ 1.83 trillion DOD, current US$ Middle income
2020s 495.18 billion DOD, current US$ 3.27 trillion DOD, current US$ 2.77 trillion DOD, current US$ Middle income

Averages of every year both report within each decade.

Frequently asked questions

Which has higher external debt stocks, public and publicly guaranteed (ppg), China or Middle income?
Middle income, at 3.42 trillion DOD, current US$ against 504.11 billion DOD, current US$ in China as of 2024.
What is the difference in external debt stocks, public and publicly guaranteed (ppg) between China and Middle income?
2.92 trillion DOD, current US$, with Middle income ahead.
How many years of comparable data are there for China and Middle income?
44 years are reported by both, from 1981 to 2024.
How do China and Middle income rank globally for external debt stocks, public and publicly guaranteed (ppg)?
China ranks 1st and Middle income ranks 2nd of 122 countries.
Where does this data come from?
International Debt Statistics, World Bank (WB), published as External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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China vs Middle income: External debt stocks, public and publicly guaranteed (PPG). Statizoid, drawing on International Debt Statistics, World Bank (WB). Retrieved 01 September 2026, from https://debt.statizoid.com/compare/external-debt-stocks-public-and-publicly-guaranteed-ppg-dod-current-us/china/middle-income/

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About this data

Indicator
External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$)
Unit
DOD, current US$
Source
International Debt Statistics, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
134 places, 6,457 data points, 1970–2024
Last refreshed

Public and publicly guaranteed debt comprises long-term external obligations of public debtors, including the national government, Public Corporations, State Owned Enterprises, Development Banks and Other Mixed Enterprises, political subdivisions (or an agency of either), autonomous public bodies, and external obligations of private debtors that are guaranteed for repayment by a public entity. Data are in current U.S. dollars.