China recorded a government debt equivalent to 50.50 percent of the country's Gross Domestic Product in 2018. Government Debt to GDP in China averaged 30.58 percent from 1995 until 2018, reaching an all time high of 50.50 percent in 2018 and a record low of 20.40 percent in 1997.

Government Debt to GDP in China is expected to be 51.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the China Government Debt to GDP is projected to trend around 54.00 percent in 2020, according to our econometric models.

China Government Debt to GDP
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Forecast Data Chart
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China Government Last Previous Highest Lowest Unit
Government Debt to GDP 50.50 46.80 50.50 20.40 percent [+]
Government Budget -4.20 -3.70 0.58 -4.20 percent of GDP [+]
Government Budget Value -48.70 -72.30 5885.80 -15554.19 CNY Billion [+]
Government Spending 220906.00 203085.50 220906.00 68.10 CNY HML [+]
Government Revenues 17927.00 17358.00 25709.07 138.36 CNY HML [+]
Fiscal Expenditure 30515.00 17356.00 30515.00 138.60 CNY HML [+]
Credit Rating 79.57 [+]
Military Expenditure 239223.00 227829.00 239223.00 19287.00 USD Million [+]


China Government Debt to GDP

Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - China Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. China Government Debt to GDP - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
50.50 46.80 50.50 20.40 1995 - 2018 percent Yearly




Country Last Previous
Japan 253.00 Dec/17
Italy 132.20 Dec/18
Singapore 112.20 Dec/18
United States 106.10 Dec/18
France 98.40 Dec/18
Spain 97.10 Dec/18
Canada 90.60 Dec/18
Argentina 86.20 Dec/18
Euro Area 85.10 Dec/18
United Kingdom 84.70 Dec/18
Brazil 77.22 Dec/18
India 68.70 Dec/17
Germany 60.90 Dec/18
South Africa 55.80 Dec/18
Netherlands 52.40 Dec/18
China 50.50 Dec/18
Mexico 46.00 Dec/18
Australia 40.70 Dec/18
South Korea 36.60 Dec/18
Turkey 30.40 Dec/18
Indonesia 29.80 Dec/18
Switzerland 27.70 Dec/18
Saudi Arabia 19.10 Dec/18
Russia 13.50 Dec/17


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