Public and publicly guaranteed debt service in China
China: Public and publicly guaranteed debt service was 0.4% in 2024. ◆ Volatile
Public and publicly guaranteed debt service in China, 1981–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
In 2024, public and publicly guaranteed debt service in China stood at 0.4%.
That represents a change of down 34.9% on the previous year and up 209.7% over ten years.
Over the whole period, public and publicly guaranteed debt service in China peaked at 2.1% in 1993 and was at its lowest, 0.1%, in 2012.
China ranks 114th of 123 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Public and publicly guaranteed debt service in China, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1981 | 0.9% | — |
| 1982 | 0.9% | +2.0% |
| 1983 | 0.8% | -8.0% |
| 1984 | 0.7% | -12.0% |
| 1985 | 0.6% | -16.3% |
| 1986 | 0.8% | +37.9% |
| 1987 | 1.1% | +34.7% |
| 1988 | 1.2% | +10.5% |
| 1989 | 1.4% | +12.3% |
| 1990 | 1.6% | +15.4% |
| 1991 | 1.8% | +13.8% |
| 1992 | 1.8% | +0.6% |
| 1993 | 2.1% | +13.5% |
| 1994 | 1.8% | -14.4% |
| 1995 | 1.9% | +5.0% |
| 1996 | 1.7% | -7.7% |
| 1997 | 1.8% | +1.1% |
| 1998 | 1.3% | -28.7% |
| 1999 | 1.3% | +6.2% |
| 2000 | 1.2% | -10.7% |
| 2001 | 1.0% | -16.4% |
| 2002 | 0.9% | -11.2% |
| 2003 | 0.8% | -5.3% |
| 2004 | 0.4% | -51.7% |
| 2005 | 0.4% | -4.3% |
| 2006 | 0.3% | -17.6% |
| 2007 | 0.2% | -24.9% |
| 2008 | 0.2% | -16.1% |
| 2009 | 0.2% | -16.5% |
| 2010 | 0.2% | +33.5% |
| 2011 | 0.2% | -16.9% |
| 2012 | 0.1% | -35.1% |
| 2013 | 0.1% | +4.4% |
| 2014 | 0.1% | +9.2% |
| 2015 | 0.3% | +124.1% |
| 2016 | 0.2% | -47.3% |
| 2017 | 0.2% | -7.5% |
| 2018 | 0.2% | +1.3% |
| 2019 | 0.2% | +32.7% |
| 2020 | 0.2% | +12.6% |
| 2021 | 0.3% | +22.6% |
| 2022 | 0.5% | +90.2% |
| 2023 | 0.7% | +23.6% |
| 2024 | 0.4% | -34.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.9% | 0.6% | 1.4% | 9 |
| 1990s | 1.7% | 1.3% | 2.1% | 10 |
| 2000s | 0.6% | 0.2% | 1.2% | 10 |
| 2010s | 0.2% | 0.1% | 0.3% | 10 |
| 2020s | 0.4% | 0.2% | 0.7% | 5 |
Countries ranked near China
- 111 Solomon Islands 0.4% compare
- 112 Kosovo 0.4% compare
- 112 Kosovo (UNSCR 1244) 0.4% compare
- 115 Yemen 0.4% compare
- 116 Sao Tome and Principe 0.4% compare
- 117 Sudan 0.3% compare
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)
- 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)
- Net financial flows, IDA (NFL, current US$), per square kilometre -17.41 NFL, current US$ per square kilometre (2023)
Frequently asked questions
- What is public and publicly guaranteed debt service in China?
- Public and publicly guaranteed debt service in China was 0.4% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest public and publicly guaranteed debt service recorded in China?
- The highest recorded value was 2.1% in 1993.
- What is the lowest public and publicly guaranteed debt service recorded in China?
- The lowest recorded value was 0.1% in 2012.
- How does China rank for public and publicly guaranteed debt service?
- China ranks 114th out of 123 countries with data for 2024.
- Is public and publicly guaranteed debt service rising or falling in China?
- Over the last ten years it is up 209.7%. 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 Public and publicly guaranteed debt service (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Public and publicly guaranteed debt service to gross national income. 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. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.