China recorded a Government Debt to GDP of 88.30 percent of the country's Gross Domestic Product in 2024. Government Debt to GDP in China averaged 39.69 percent of GDP from 1995 until 2024, reaching an all time high of 88.30 percent of GDP in 2024 and a record low of 20.40 percent of GDP in 1997. source: IMF

Government Debt to GDP in China is expected to reach 88.00 percent of GDP by the end of 2025, 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 90.00 percent of GDP in 2026 and 95.00 percent of GDP in 2027, according to our econometric models.



Related Last Previous Unit Reference
Credit Rating 78.00 Feb 2026
Fiscal Expenditure 38857.00 22713.00 CNY Hundred Million Dec 2025
Government Budget -6.50 -5.80 percent of GDP Dec 2024
Government Budget Value -23328.00 4527.00 CNY Hundred Million Dec 2025
Government Debt to GDP 88.30 82.00 percent of GDP Dec 2024
Government Revenues 15529.00 18186.00 CNY Hundred Million Dec 2025
Government Spending 224396.60 222474.20 CNY Hundred Million Dec 2024
Holidays
Military Expenditure 313658.30 296821.40 USD Million Dec 2024


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.
Actual Previous Highest Lowest Dates Unit Frequency
88.30 82.00 88.30 20.40 1995 - 2024 percent of GDP Yearly