Multilateral debt service in China
China: Multilateral debt service was 5.98 billion TDS, current US$ in 2024. ◆ Volatile
Multilateral debt service in China, 1983–2024
Source: International Debt Statistics, World Bank (WB). Measured in TDS, current US$.
Analysis
In 2024, multilateral debt service in China stood at 5.98 billion TDS, current US$. That is the highest value across all 42 years on record.
The figure is up 27.7% on the previous year and up 69.0% over ten years.
Over the whole period, multilateral debt service in China peaked at 5.98 billion TDS, current US$ in 2024 and was at its lowest, 3.34 million TDS, current US$, in 1983.
That places China 3rd out of 123 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Multilateral debt service in China, year by year
| Year | TDS, current US$ | Change |
|---|---|---|
| 1983 | 3.34 million TDS, current US$ | — |
| 1984 | 9.30 million TDS, current US$ | +178.6% |
| 1985 | 30.00 million TDS, current US$ | +222.6% |
| 1986 | 77.75 million TDS, current US$ | +159.1% |
| 1987 | 224.64 million TDS, current US$ | +188.9% |
| 1988 | 183.87 million TDS, current US$ | -18.1% |
| 1989 | 242.32 million TDS, current US$ | +31.8% |
| 1990 | 445.80 million TDS, current US$ | +84.0% |
| 1991 | 403.69 million TDS, current US$ | -9.4% |
| 1992 | 535.27 million TDS, current US$ | +32.6% |
| 1993 | 649.62 million TDS, current US$ | +21.4% |
| 1994 | 839.93 million TDS, current US$ | +29.3% |
| 1995 | 1.04 billion TDS, current US$ | +23.9% |
| 1996 | 1.10 billion TDS, current US$ | +5.7% |
| 1997 | 1.29 billion TDS, current US$ | +16.9% |
| 1998 | 1.39 billion TDS, current US$ | +8.2% |
| 1999 | 1.66 billion TDS, current US$ | +19.3% |
| 2000 | 2.92 billion TDS, current US$ | +75.8% |
| 2001 | 2.99 billion TDS, current US$ | +2.4% |
| 2002 | 4.27 billion TDS, current US$ | +42.9% |
| 2003 | 5.32 billion TDS, current US$ | +24.5% |
| 2004 | 2.42 billion TDS, current US$ | -54.5% |
| 2005 | 1.88 billion TDS, current US$ | -22.2% |
| 2006 | 2.28 billion TDS, current US$ | +20.9% |
| 2007 | 2.51 billion TDS, current US$ | +10.2% |
| 2008 | 2.54 billion TDS, current US$ | +1.2% |
| 2009 | 2.35 billion TDS, current US$ | -7.6% |
| 2010 | 2.33 billion TDS, current US$ | -0.7% |
| 2011 | 3.95 billion TDS, current US$ | +69.8% |
| 2012 | 3.28 billion TDS, current US$ | -17.0% |
| 2013 | 3.42 billion TDS, current US$ | +4.3% |
| 2014 | 3.53 billion TDS, current US$ | +3.3% |
| 2015 | 3.42 billion TDS, current US$ | -3.2% |
| 2016 | 3.57 billion TDS, current US$ | +4.4% |
| 2017 | 3.81 billion TDS, current US$ | +6.7% |
| 2018 | 3.85 billion TDS, current US$ | +0.9% |
| 2019 | 3.84 billion TDS, current US$ | -0.2% |
| 2020 | 3.38 billion TDS, current US$ | -12.1% |
| 2021 | 3.00 billion TDS, current US$ | -11.2% |
| 2022 | 3.27 billion TDS, current US$ | +8.9% |
| 2023 | 4.68 billion TDS, current US$ | +43.1% |
| 2024 | 5.98 billion TDS, current US$ | +27.7% |
China compared with similar countries
- China's 5.98 billion TDS, current US$ is above the median for upper middle income countries, which is 460.68 million TDS, current US$, 13.0× the median. (52 countries reporting)
- China's 5.98 billion TDS, current US$ is above the median for East Asia & Pacific, which is 148.58 million TDS, current US$, 40.2× the median. (16 countries reporting)
Biggest year-on-year movements
Years where Multilateral debt service in China changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1985 | +222.6% | 9.30 million TDS, current US$ | 30.00 million TDS, current US$ |
| 1987 | +188.9% | 77.75 million TDS, current US$ | 224.64 million TDS, current US$ |
| 1984 | +178.6% | 3.34 million TDS, current US$ | 9.30 million TDS, current US$ |
| 1986 | +159.1% | 30.00 million TDS, current US$ | 77.75 million TDS, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 110.17 million TDS, current US$ | 3.34 million TDS, current US$ | 242.32 million TDS, current US$ | 7 |
| 1990s | 935.36 million TDS, current US$ | 403.69 million TDS, current US$ | 1.66 billion TDS, current US$ | 10 |
| 2000s | 2.95 billion TDS, current US$ | 1.88 billion TDS, current US$ | 5.32 billion TDS, current US$ | 10 |
| 2010s | 3.50 billion TDS, current US$ | 2.33 billion TDS, current US$ | 3.95 billion TDS, current US$ | 10 |
| 2020s | 4.06 billion TDS, current US$ | 3.00 billion TDS, current US$ | 5.98 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 multilateral debt service in China?
- Multilateral debt service in China was 5.98 billion TDS, current US$ 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 5.98 billion TDS, current US$ in 2024.
- What is the lowest multilateral debt service recorded in China?
- The lowest recorded value was 3.34 million TDS, current US$ in 1983.
- How does China rank for multilateral debt service?
- China ranks 3rd out of 123 countries with data for 2024.
- Is multilateral debt service rising or falling in China?
- Over the last ten years it is up 69.0%. 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 Multilateral debt service (TDS, current US$). Statizoid updates them automatically from the source API.
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About this data
Public and publicly guaranteed multilateral loans include loans and credits from the World Bank, regional development banks, and other multilateral and intergovernmental agencies. Excluded are loans from funds administered by an international organization on behalf of a single donor government; these are classified as loans from governments. Debt service payments are the sum of principal repayments and interest payments actually made in the year specified. Data are in current U.S. dollars.