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Government debt

China

China. General government gross debt. Put borrowing in the context of the economy and explore how it has changed over time.

Debt / GDP · 202598.6%History / IMF estimates
Debt, US$ bn · 202519,351.4History / IMF estimates
Per person, US$ · 202513,774History / IMF estimates
GDP, US$ bn · 202519,626.2History / IMF estimates

What the figures show

History / IMF estimates

China: IMF data and estimates put government debt at 98.6% of GDP in 2025. The derived debt amount is US$ 19,351.4 billion.

  • The debt-to-GDP ratio is 8.1 percentage points above its 2024 level.
  • This is above the median of 52.85% of GDP across 192 countries with data for the selected year.
  • Over 2015–2025, the debt-to-GDP ratio increases by 57.7 percentage points.

The median is not weighted by economic size. A change in the debt-to-GDP ratio does not necessarily imply the same change in the debt amount. About the data ↗

Government debt over time

Debt as % of GDP. Dashed lines: current-year estimate/projection and future projections.

Government debt over time038751131502000200520102015202020252031China · 2000: 22.6% — History / IMF estimatesChina · 2001: 24.2% — History / IMF estimatesChina · 2002: 25.5% — History / IMF estimatesChina · 2003: 26.4% — History / IMF estimatesChina · 2004: 25.9% — History / IMF estimatesChina · 2005: 26.0% — History / IMF estimatesChina · 2006: 25.2% — History / IMF estimatesChina · 2007: 28.8% — History / IMF estimatesChina · 2008: 26.6% — History / IMF estimatesChina · 2009: 33.9% — History / IMF estimatesChina · 2010: 33.1% — History / IMF estimatesChina · 2011: 33.0% — History / IMF estimatesChina · 2012: 33.9% — History / IMF estimatesChina · 2013: 36.6% — History / IMF estimatesChina · 2014: 39.4% — History / IMF estimatesChina · 2015: 40.9% — History / IMF estimatesChina · 2016: 50.0% — History / IMF estimatesChina · 2017: 53.7% — History / IMF estimatesChina · 2018: 55.7% — History / IMF estimatesChina · 2019: 59.9% — History / IMF estimatesChina · 2020: 70.6% — History / IMF estimatesChina · 2021: 72.1% — History / IMF estimatesChina · 2022: 77.3% — History / IMF estimatesChina · 2023: 84.1% — History / IMF estimatesChina · 2024: 90.5% — History / IMF estimatesChina · 2025: 98.6% — History / IMF estimatesChina · 2026: 104.4% — IMF estimate / projectionChina · 2027: 109.1% — IMF projectionChina · 2028: 113.2% — IMF projectionChina · 2029: 116.4% — IMF projectionChina · 2030: 119.5% — IMF projectionChina · 2031: 122.1% — IMF projection
Chart data table
YearChina (%)Source
2031122.1IMF projection
2030119.5IMF projection
2029116.4IMF projection
2028113.2IMF projection
2027109.1IMF projection
2026104.4IMF estimate / projection
202598.6History / IMF estimates
202490.5History / IMF estimates
202384.1History / IMF estimates
202277.3History / IMF estimates
202172.1History / IMF estimates
202070.6History / IMF estimates
201959.9History / IMF estimates
201855.7History / IMF estimates
201753.7History / IMF estimates
201650.0History / IMF estimates
201540.9History / IMF estimates
201439.4History / IMF estimates
201336.6History / IMF estimates
201233.9History / IMF estimates
201133.0History / IMF estimates
201033.1History / IMF estimates
200933.9History / IMF estimates
200826.6History / IMF estimates
200728.8History / IMF estimates
200625.2History / IMF estimates
200526.0History / IMF estimates
200425.9History / IMF estimates
200326.4History / IMF estimates
200225.5History / IMF estimates
200124.2History / IMF estimates
200022.6History / IMF estimates

The DataMapper API does not provide the actual/estimate cutoff for each country and series. Past years are therefore labelled history/IMF estimates, the current year estimate/projection, and later years projections. Historical values can be revised. There is no simulated real-time debt counter.

Source: IMF WEO · World Economic Outlook (October 2026) · Retrieved 2026-11-01. About the data