China Interest Payments to Revenue
Interest payments as % of revenue GC.XPN.INTP.RV.ZS
China's interest payments to revenue was 3.44% in 2021, ranked 46th globally. This represents a 12.1% decrease from 2020. Data from World Bank, covering 2005–2021.
Overview
China's interest payments to revenue stood at 3.44% in 2021, a decline of +0.47pp from 2020. China ranked 46th globally.
China's interest payments to revenue ratio has exhibited a mixed trend over the past 17 years. The ratio peaked in 2006 at 4.35%, a level that was surpassed in 2007 but briefly, at 4.35%, before dropping to a trough of 2.20% in the same year. As of 2021, the ratio stands at 3.44%, ranking 46th globally. Comparatively, Ireland's interest payments to revenue ratio in 2021 was 3.41%, while Chile's ratio was 3.54%. The fluctuating trend may be attributed to the country's varying levels of debt and fiscal policy adjustments. A significant shift in China's interest payments to revenue ratio could be driven by changes in its monetary policy, economic growth, or interest rates, which have been influenced by the country's gradual economic transition and increasing reliance on domestic consumption. As China continues to implement economic reforms and mitigate the effects of its debt-to-GDP ratio, a downward trend in interest payments to revenue may be expected, assuming the government's fiscal policies remain aligned with its economic development goals.
Data & projection
| Year | Interest Payments to Revenue | YoY change | Rank |
|---|---|---|---|
| 2021 | 3.44% | −0.47pp | #46 |
| 2020 | 3.92% | +1.01pp | #53 |
| 2019 | 2.90% | +0.14pp | #39 |
| 2018 | 2.76% | −0.64pp | #34 |
| 2017 | 3.40% | +0.48pp | #39 |
| 2016 | 2.92% | −0.32pp | #35 |
| 2015 | 3.24% | +0.68pp | #46 |
| 2014 | 2.56% | −1.01pp | #35 |
| 2013 | 3.56% | +0.13pp | #46 |
| 2012 | 3.43% | +0.12pp | #43 |
| 2011 | 3.32% | +0.06pp | #42 |
| 2010 | 3.26% | +0.01pp | #38 |
| 2009 | 3.25% | −0.18pp | #38 |
| 2008 | 3.43% | +1.23pp | #45 |
| 2007 | 2.20% | −2.15pp | #25 |
Detected Pattern
Analysis
China matched the Export Boom Cycle pattern in 2013. Historically, 71% of countries showing this pattern (546 out of 768) saw interest payments to revenue improve within 24 months. View full analysis →
Frequently Asked Questions
China's interest payments to revenue was 3.44% in 2021. Ranked 46th globally. This represents a 12.1% decrease from the previous year.
China's interest payments to revenue peaked at 4.35% in 2006.
The lowest interest payments to revenue in China was 2.20% in 2007.
China ranks 46th globally in interest payments to revenue as of 2021.
The World Bank indicator code is GC.XPN.INTP.RV.ZS. Data sourced from World Bank.
The interest payments to revenue of China in 2021 was 3.44%. This ranks 46th in the world.
Cite this page
@misc{historysaid_china_interest-to-revenue,
title = {China Interest Payments to Revenue},
url = {https://historysaid.com/china/interest-to-revenue/},
publisher = {HistorySaid},
year = {2026}
}