Debt service (PPG and IMF only, % of exports of goods, services and) in China
China: Debt service (PPG and IMF only, % of exports of goods, services and) was 1.9% in 2024. ◆ Volatile
Debt service (PPG and IMF only, % of exports of goods, services and) in China, 1982–2024
Source: International Debt Statistics, World Bank (WB).
Analysis
In 2024, debt service (ppg and imf only, % of exports of goods, services and) in China stood at 1.9%.
That represents a change of down 38.3% on the previous year and up 253.7% over ten years.
Over the whole period, debt service (ppg and imf only, % of exports of goods, services and) in China peaked at 10.8% in 1991 and was at its lowest, 0.4%, in 2012.
China ranks 108th of 118 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Debt service (PPG and IMF only, % of exports of goods, services and) in China, year by year
| Year | Value | Change |
|---|---|---|
| 1982 | 7.6% | — |
| 1983 | 9.8% | +28.6% |
| 1984 | 6.6% | -32.2% |
| 1985 | 6.4% | -3.7% |
| 1986 | 8.3% | +31.0% |
| 1987 | 8.0% | -4.1% |
| 1988 | 8.5% | +6.3% |
| 1989 | 10.1% | +18.7% |
| 1990 | 10.6% | +5.0% |
| 1991 | 10.8% | +2.2% |
| 1999 | 9.2% | -15.4% |
| 2000 | 7.1% | -22.6% |
| 2001 | 6.1% | -14.2% |
| 2002 | 5.1% | -16.5% |
| 2003 | 3.0% | -40.5% |
| 2004 | 1.3% | -57.7% |
| 2005 | 1.1% | -14.3% |
| 2006 | 0.9% | -22.5% |
| 2007 | 0.6% | -24.1% |
| 2008 | 0.6% | -9.2% |
| 2009 | 0.6% | +8.4% |
| 2010 | 0.8% | +21.1% |
| 2011 | 0.7% | -14.5% |
| 2012 | 0.4% | -32.1% |
| 2013 | 0.5% | +7.6% |
| 2014 | 0.5% | +13.4% |
| 2015 | 1.3% | +146.1% |
| 2016 | 0.8% | -43.0% |
| 2017 | 0.7% | -9.5% |
| 2018 | 0.7% | +6.2% |
| 2019 | 1.0% | +37.3% |
| 2020 | 1.1% | +12.2% |
| 2021 | 1.3% | +15.3% |
| 2022 | 2.4% | +86.9% |
| 2023 | 3.1% | +28.2% |
| 2024 | 1.9% | -38.3% |
China compared with similar countries
- China's 1.9% is below the median for upper middle income countries, which is 7.8%, 25% of the median. (50 countries reporting)
- China's 1.9% is below the median for East Asia & Pacific, which is 4.9%, 39% of the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 8.2% | 6.4% | 10.1% | 8 |
| 1990s | 10.2% | 9.2% | 10.8% | 3 |
| 2000s | 2.6% | 0.6% | 7.1% | 10 |
| 2010s | 0.7% | 0.4% | 1.3% | 10 |
| 2020s | 2.0% | 1.1% | 3.1% | 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 (ppg and imf only, % of exports of goods, services and) in China?
- Debt service (ppg and imf only, % of exports of goods, services and) in China was 1.9% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest debt service (ppg and imf only, % of exports of goods, services and) recorded in China?
- The highest recorded value was 10.8% in 1991.
- What is the lowest debt service (ppg and imf only, % of exports of goods, services and) recorded in China?
- The lowest recorded value was 0.4% in 2012.
- How does China rank for debt service (ppg and imf only, % of exports of goods, services and)?
- China ranks 108th out of 118 countries with data for 2024.
- Is debt service (ppg and imf only, % of exports of goods, services and) rising or falling in China?
- Over the last ten years it is up 253.7%. 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 (PPG and IMF only, % of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
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About this data
Debt service, the sum of principal repayments and interest actually paid in currency, goods, or services, is expressed as a percentage of exports of goods and services--all transactions between residents of a country and the rest of the world involving a change of ownership from residents to nonresidents of general merchandise, net exports of goods under merchanting, nonmonetary gold, and services. This series differs from the standard debt to exports series in that it covers only long-term public and publicly guaranteed debt and repayments (repurchases and charges) to the IMF.