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China: Government debt

Millions of local currency · 1982–2024 · 43 observations · forecasts to 2031 · govdebt

2024
119 trillionlocal currency
Change on 2023
+12.2%year on year
Average growth, 2014–2024
+16.7%a year

Government debt

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1B10B100B1T10T100T1,000T19902000201020202030ChinaChina
ForecastLocal currency

Compare with other countries →Definition of Government debt

Recent values

Millions of local currency

YearValue
2031238,000,000Forecast
2030220,400,000Forecast
2029203,300,000Forecast
2028186,700,000Forecast
2027170,400,000Forecast
2026154,500,000Forecast
2025135,700,000Forecast
2024118,900,000
2023106,000,000
202293,117,460
202182,895,476
202071,085,544
201959,031,275
201851,365,085
201744,839,285
201637,344,177
201528,092,760

Sources

This series is derived from other GMD variables.

China documentation (PDF)

More for China

Real GDP per capita (USD)Nominal GDPReal GDPInflationUnemployment rateGovernment debt (% of GDP)All 72 series →

Government debt elsewhere

United StatesJapanGermanyUnited KingdomFranceIndia

Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

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