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China: Government debt

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

2024
122 trillionlocal currency
Change on 2023
+12.0%year on year
Average growth, 2014–2024
+16.8%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
2031245,807,453Forecast
2030227,700,472Forecast
2029210,058,034Forecast
2028192,834,540Forecast
2027176,036,632Forecast
2026157,789,760Forecast
2025139,119,334Forecast
2024121,893,535
2023108,827,115
202295,382,590
202184,668,891
202072,579,439
201960,189,574
201852,299,820
201745,666,349
201638,084,553
201528,649,563

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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