China Government Debt (% of GDP)

Everything national and local government owes combined, compared with the size of the economy.

90.4%

+6.3pp vs 2023

2024 · Annual data

Not applicable, annual data

Matches the latest releaseNot refreshed recently, awaiting the next release

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Government Debt (% of GDP)

1995 to 2024

Source: IMF World Economic Outlook (GGXWDG_NGDP) · general government, % of GDP, annual, actual years only. The IMF's figures for the years after the one shown are projections, which this site does not publish, so the year under the figure is the most recent actual available, not a sign the feed has broken.

China Government Debt (% of GDP) in context

Worked out from the published series shown above.

In China, the government debt rose by 6.3pp in 2024, from 84.1% in 2023.

That is the highest reading in a record that starts in 1995.

Over the past five years it has ranged from 59.8% in 2019 to 90.4% in 2024.

Its average since 1995 is 40.0%, and the latest reading is above that.

China is 9th of 33 countries in our Government Debt to GDP by Country ranking.

How this series is defined

Everything you need to check the figure against the source.

Source
IMF
Series
World
Frequency
Annual
Unit
%
Seasonal adjustment
Not applicable, annual data
Latest observation
2024
Revision status
Latest published estimate, subject to revision

Data refreshed 2026-10-06. Figures are the latest published observations and can be revised.

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