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China Government Debt to GDP

General government gross debt as % of GDP  GGXWDG_NGDP

96.26% +7.94% (+9.0%)
Year 2025 Rank #20 Global Peak 96.26% (2025) Source IMF WEO

China Government Debt to GDP (1995–2025)

Overview

China's government debt to gdp stood at 96.26% in 2025, a rise of +7.94% from 2024. The IMF projects 96.26% by 2025. China ranked 20th globally.

Data & projection

Year Government Debt to GDP YoY change Rank
2030* IMF 116.14% - -
2029* IMF 112.89% - -
2028* IMF 109.70% - -
2027* IMF 106.33% - -
2026* IMF 102.32% - -
2025* IMF 96.26% - -
2025 96.26% +7.94% #20
2024 88.32% +6.31% #158
2023 82.01% +6.56% #151
2022 75.45% +5.31% #138
2021 70.15% +1.11% #125
2020 69.04% +9.59% #120
2019 59.44% +3.86% #123
2018 55.58% +1.67% #114
2017 53.90% +4.18% #110
2016 49.72% +8.94% #103
2015 40.78% +1.47% #80
2014 39.31% +2.87% #89
2013 36.44% +2.61% #86
2012 33.83% +0.64% #82
2011 33.18% −0.16% #80
Show all years (1995-2025)
* IMF World Economic Outlook projection

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +14.5% GDP growth 7.8% C/A balance 1.5%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

China matched the Export Boom Cycle pattern in 2013. Historically, 71% of countries showing this pattern (546 out of 768) saw government debt to gdp improve within 24 months. View full analysis →

Frequently Asked Questions

What is China's government debt to gdp?

China's government debt to gdp was 96.26% in 2025. Ranked 20th globally. This represents a 9.0% increase from the previous year.

What was the highest government debt to gdp in China?

China's government debt to gdp peaked at 96.26% in 2025.

What was the lowest government debt to gdp in China?

The lowest government debt to gdp in China was 20.39% in 1997.

How does China rank in government debt to gdp?

China ranks 20th globally in government debt to gdp as of 2025.

What is the World Bank indicator code for government debt to gdp?

The World Bank indicator code is GGXWDG_NGDP. Data sourced from IMF WEO.

What is the projected government debt to gdp of China in 2025?

China's government debt to gdp is projected to reach 96.26% by 2025 based on IMF projection.

What is the government debt to gdp of China in 2025?

The government debt to gdp of China in 2025 was 96.26%. This ranks 20th in the world.

Cite this page

APA
China Government Debt to GDP. HistorySaid. Retrieved April 1, 2026, from https://historysaid.com/china/government-debt-to-gdp
BibTeX
@misc{historysaid_china_government-debt-to-gdp, title = {China Government Debt to GDP}, url = {https://historysaid.com/china/government-debt-to-gdp}, publisher = {HistorySaid}, year = {2026} }