Multilateral debt service in China
China: Multilateral debt service was 7.5% in 2024. ◆ Volatile
Multilateral debt service in China, 1983–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of public and publicly guaranteed debt service.
Analysis
In 2024, multilateral debt service in China stood at 7.5%.
The figure is up 91.4% on the previous year and down 68.6% over ten years.
Over the whole period, multilateral debt service in China peaked at 38.0% in 2003 and was at its lowest, 0.2%, in 1983.
That places China 119th out of 123 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Multilateral debt service in China, year by year
| Year | % of public and publicly guaranteed debt service | Change |
|---|---|---|
| 1983 | 0.2% | — |
| 1984 | 0.5% | +180.6% |
| 1985 | 1.6% | +224.6% |
| 1986 | 3.1% | +93.9% |
| 1987 | 7.3% | +136.5% |
| 1988 | 4.7% | -35.3% |
| 1989 | 5.0% | +5.3% |
| 1990 | 7.6% | +53.3% |
| 1991 | 5.7% | -25.1% |
| 1992 | 6.8% | +18.4% |
| 1993 | 7.0% | +2.9% |
| 1994 | 8.3% | +18.9% |
| 1995 | 7.6% | -8.0% |
| 1996 | 7.4% | -2.8% |
| 1997 | 7.6% | +3.5% |
| 1998 | 10.9% | +42.3% |
| 1999 | 11.4% | +5.2% |
| 2000 | 20.3% | +77.3% |
| 2001 | 22.5% | +10.9% |
| 2002 | 32.8% | +45.7% |
| 2003 | 38.0% | +15.9% |
| 2004 | 30.3% | -20.4% |
| 2005 | 21.2% | -30.1% |
| 2006 | 25.6% | +21.1% |
| 2007 | 29.0% | +13.3% |
| 2008 | 26.9% | -7.2% |
| 2009 | 27.0% | +0.3% |
| 2010 | 16.9% | -37.5% |
| 2011 | 28.0% | +65.7% |
| 2012 | 31.4% | +12.3% |
| 2013 | 28.1% | -10.5% |
| 2014 | 24.0% | -14.5% |
| 2015 | 9.9% | -58.9% |
| 2016 | 19.3% | +95.4% |
| 2017 | 20.3% | +5.1% |
| 2018 | 18.0% | -11.5% |
| 2019 | 13.1% | -27.0% |
| 2020 | 10.0% | -23.8% |
| 2021 | 6.0% | -40.4% |
| 2022 | 3.4% | -43.0% |
| 2023 | 3.9% | +16.0% |
| 2024 | 7.5% | +91.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 3.2% | 0.2% | 7.3% | 7 |
| 1990s | 8.0% | 5.7% | 11.4% | 10 |
| 2000s | 27.4% | 20.3% | 38.0% | 10 |
| 2010s | 20.9% | 9.9% | 31.4% | 10 |
| 2020s | 6.2% | 3.4% | 10.0% | 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 multilateral debt service in China?
- Multilateral debt service in China was 7.5% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest multilateral debt service recorded in China?
- The highest recorded value was 38.0% in 2003.
- What is the lowest multilateral debt service recorded in China?
- The lowest recorded value was 0.2% in 1983.
- How does China rank for multilateral debt service?
- China ranks 119th out of 123 countries with data for 2024.
- Is multilateral debt service rising or falling in China?
- Over the last ten years it is down 68.6%. 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 Multilateral debt service (% of public and publicly guaranteed debt service). Statizoid updates them automatically from the source API.
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About this data
Multilateral debt service is the repayment of principal and interest to the World Bank, regional development banks, and other multilateral agencies. 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.