China recorded a Government Debt to GDP of 66.80 percent of the country's Gross Domestic Product in 2020. source: IMF

Government Debt to GDP in China averaged 33.62 percent from 1995 until 2020, reaching an all time high of 66.80 percent in 2020 and a record low of 20.60 percent in 1997. This page provides - China Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. China Government Debt to GDP - values, historical data and charts - was last updated on July of 2021.

Government Debt to GDP in China is expected to reach 65.00 percent by the end of 2021, 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 70.00 percent in 2022, according to our econometric models.

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China Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
66.80 57.10 66.80 20.60 1995 - 2020 percent of GDP Yearly

China Government Last Previous Highest Lowest Unit
Government Debt to GDP 66.80 57.10 66.80 20.60 percent of GDP [+]
Government Budget -3.70 -2.80 0.58 -4.20 percent of GDP [+]
Government Budget Value -178.30 4.20 5885.80 -15554.19 CNY Billion [+]
Government Spending 238874.00 220904.10 238874.00 68.10 CNY HML [+]
Government Revenues 20662.00 18446.00 41805.00 138.36 CNY HML [+]
Fiscal Expenditure 28123.00 17157.00 37742.00 138.60 CNY HML [+]
Credit Rating 80.00 [+]
Military Expenditure 244934.00 240333.00 244934.00 19577.00 USD Million [+]

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.