Households Debt in China increased to 53.60 percent of GDP in the first quarter of 2019 from 52.60 percent of GDP in the fourth quarter of 2018. Households Debt To GDP in China averaged 31.13 percent of GDP from 2006 until 2019, reaching an all time high of 53.60 percent of GDP in the first quarter of 2019 and a record low of 10.80 percent of GDP in the second quarter of 2006.
Households Debt To GDP in China is expected to be 53.00 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Households Debt To GDP in China to stand at 54.00 in 12 months time. In the long-term, the China Households Debt To GDP is projected to trend around 55.00 percent of GDP in 2020, according to our econometric models.