Short-term debt in China
China: Short-term debt was 54.0% in 2024. β Volatile
Short-term debt in China, 1981β2024
Source: International Debt Statistics, World Bank (WB). Measured in % of total external debt.
Analysis
In 2024, short-term debt in China stood at 54.0%.
That represents a change of up 2.6% on the previous year and down 22.6% over ten years.
Over the whole period, short-term debt in China peaked at 73.2% in 2011 and was at its lowest, 0.0%, in 1981.
That places China 2nd out of 121 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 26.5% | 0.0% | 46.3% | 9 |
| 1990s | 17.1% | 10.2% | 21.4% | 10 |
| 2000s | 42.5% | 9.0% | 53.9% | 10 |
| 2010s | 65.1% | 56.7% | 73.2% | 10 |
| 2020s | 52.0% | 50.0% | 54.0% | 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 short-term debt in China?
- Short-term debt in China was 54.0% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest short-term debt recorded in China?
- The highest recorded value was 73.2% in 2011.
- What is the lowest short-term debt recorded in China?
- The lowest recorded value was 0.0% in 1981.
- How does China rank for short-term debt?
- China ranks 2nd out of 121 countries with data for 2024.
- Is short-term debt rising or falling in China?
- Over the last ten years it is down 22.6%. 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 Short-term debt (% of total external debt). Statizoid updates them automatically from the source API.
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CSV Β· JSON β 44 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt.