Debt service on external debt, total in China
China: Debt service on external debt, total was 352.50 billion TDS, current US$ in 2024. ◆ Volatile
Latest (2024)
352.50 billion TDS, current US$
Change on year
down 21.8%
World rank
1st
of 122 countries
All-time high
452.17 billion TDS, current US$
in 2022
All-time low
1.74 billion TDS, current US$
in 1981
Years of data
44
1981–2024
Debt service on external debt, total in China, 1981–2024
Source: International Debt Statistics, World Bank (WB). Measured in TDS, current US$.
Analysis
The most recent figure for debt service on external debt, total in China is 352.50 billion TDS, current US$, measured in 2024.
Compared with earlier readings it is down 21.8% on the previous year and up 332.0% over ten years.
Over the whole period, debt service on external debt, total in China peaked at 452.17 billion TDS, current US$ in 2022 and was at its lowest, 1.74 billion TDS, current US$, in 1981.
China ranks 1st of 122 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Debt service on external debt, total in China, year by year
| Year | TDS, current US$ | Change |
|---|---|---|
| 1981 | 1.74 billion TDS, current US$ | — |
| 1982 | 2.12 billion TDS, current US$ | +21.9% |
| 1983 | 2.69 billion TDS, current US$ | +26.7% |
| 1984 | 2.29 billion TDS, current US$ | -15.1% |
| 1985 | 2.48 billion TDS, current US$ | +8.6% |
| 1986 | 2.98 billion TDS, current US$ | +19.9% |
| 1987 | 3.85 billion TDS, current US$ | +29.4% |
| 1988 | 4.56 billion TDS, current US$ | +18.5% |
| 1989 | 5.65 billion TDS, current US$ | +23.8% |
| 1990 | 7.06 billion TDS, current US$ | +24.9% |
| 1991 | 8.31 billion TDS, current US$ | +17.7% |
| 1992 | 8.62 billion TDS, current US$ | +3.8% |
| 1993 | 10.17 billion TDS, current US$ | +18.0% |
| 1994 | 11.14 billion TDS, current US$ | +9.5% |
| 1995 | 15.07 billion TDS, current US$ | +35.3% |
| 1996 | 15.76 billion TDS, current US$ | +4.6% |
| 1997 | 18.45 billion TDS, current US$ | +17.1% |
| 1998 | 18.43 billion TDS, current US$ | -0.1% |
| 1999 | 26.58 billion TDS, current US$ | +44.2% |
| 2000 | 26.61 billion TDS, current US$ | +0.1% |
| 2001 | 25.00 billion TDS, current US$ | -6.1% |
| 2002 | 31.09 billion TDS, current US$ | +24.4% |
| 2003 | 37.52 billion TDS, current US$ | +20.7% |
| 2004 | 23.30 billion TDS, current US$ | -37.9% |
| 2005 | 27.50 billion TDS, current US$ | +18.0% |
| 2006 | 27.55 billion TDS, current US$ | +0.2% |
| 2007 | 31.89 billion TDS, current US$ | +15.7% |
| 2008 | 33.34 billion TDS, current US$ | +4.6% |
| 2009 | 39.90 billion TDS, current US$ | +19.7% |
| 2010 | 52.10 billion TDS, current US$ | +30.6% |
| 2011 | 62.80 billion TDS, current US$ | +20.5% |
| 2012 | 72.25 billion TDS, current US$ | +15.0% |
| 2013 | 77.20 billion TDS, current US$ | +6.9% |
| 2014 | 81.60 billion TDS, current US$ | +5.7% |
| 2015 | 126.69 billion TDS, current US$ | +55.2% |
| 2016 | 167.75 billion TDS, current US$ | +32.4% |
| 2017 | 206.30 billion TDS, current US$ | +23.0% |
| 2018 | 240.94 billion TDS, current US$ | +16.8% |
| 2019 | 275.79 billion TDS, current US$ | +14.5% |
| 2020 | 274.41 billion TDS, current US$ | -0.5% |
| 2021 | 337.30 billion TDS, current US$ | +22.9% |
| 2022 | 452.17 billion TDS, current US$ | +34.1% |
| 2023 | 450.53 billion TDS, current US$ | -0.4% |
| 2024 | 352.50 billion TDS, current US$ | -21.8% |
China compared with similar countries
- China's 352.50 billion TDS, current US$ is above the median for upper middle income countries, which is 2.21 billion TDS, current US$, 159.5× the median. (52 countries reporting)
- China's 352.50 billion TDS, current US$ is above the median for East Asia & Pacific, which is 2.77 billion TDS, current US$, 127.1× the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 3.15 billion TDS, current US$ | 1.74 billion TDS, current US$ | 5.65 billion TDS, current US$ | 9 |
| 1990s | 13.96 billion TDS, current US$ | 7.06 billion TDS, current US$ | 26.58 billion TDS, current US$ | 10 |
| 2000s | 30.37 billion TDS, current US$ | 23.30 billion TDS, current US$ | 39.90 billion TDS, current US$ | 10 |
| 2010s | 136.34 billion TDS, current US$ | 52.10 billion TDS, current US$ | 275.79 billion TDS, current US$ | 10 |
| 2020s | 373.38 billion TDS, current US$ | 274.41 billion TDS, current US$ | 452.17 billion TDS, current US$ | 5 |
Countries ranked near China
More external debt data for China
- IFC, private nonguaranteed 319.08 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 0.2265 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 0.6221 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 0.4% (2024)
- Net financial flows, IDA -105.01 million NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita -0.0745 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP -0 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IBRD -596.31 million NFL, current US$ (2024)
- Public and publicly guaranteed debt service 1.9% (2024)
Frequently asked questions
- What is debt service on external debt, total in China?
- Debt service on external debt, total in China was 352.50 billion TDS, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest debt service on external debt, total recorded in China?
- The highest recorded value was 452.17 billion TDS, current US$ in 2022.
- What is the lowest debt service on external debt, total recorded in China?
- The lowest recorded value was 1.74 billion TDS, current US$ in 1981.
- How does China rank for debt service on external debt, total?
- China ranks 1st out of 122 countries with data for 2024.
- Is debt service on external debt, total rising or falling in China?
- Over the last ten years it is up 332.0%. The long-run trend across the full record is volatile.
- Where does this China data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Debt service on external debt, total (TDS, current US$). Statizoid updates them automatically from the source API.
Download this data
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About this data
Total debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term debt, interest paid on short-term debt, and repayments (repurchases and charges) to the IMF. Data are in current U.S. dollars.