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China: Government debt (% of GDP)

Percent of GDP · 1982–2024 · 43 observations · forecasts to 2031 · govdebt_GDP

2024
90.4%percent of GDP
Change on 2023
+6.3 pointsfrom 84.1%
Average, 2015–2024
65.4%10 years
Record high and low
90.4% (2024)low 0.971% (1984)

Government debt (% of GDP)

Report error
0%20%40%60%80%100%120%140%19902000201020202030ChinaChina
ForecastPercent of GDP

Compare with other countries →Definition of Government debt (% of GDP)

Recent values

Percent of GDP

YearValue
2031126.8Forecast
2030123.8Forecast
2029120.3Forecast
2028116.7Forecast
2027112.5Forecast
2026106.9Forecast
202599.2Forecast
202490.4
202384.1
202277.3
202172.1
202070.1
201959.8
201855.9
201753.9
201650.0
201540.8

Sources

This series is derived from other GMD variables.

China documentation (PDF)

More for China

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

Government debt (% of GDP) elsewhere

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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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