Total debt service in China
China: Total debt service was 1.9% in 2024. ▲ Rising
Total debt service in China, 1981–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
In 2024, total debt service in China stood at 1.9%.
The figure is down 23.7% on the previous year and up 148.2% over ten years.
Over the whole period, total debt service in China peaked at 2.5% in 2022 and was at its lowest, 0.7%, in 2008.
That places China 95th out of 121 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 44 years of available data.
Total debt service in China, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1981 | 0.9% | — |
| 1982 | 1.0% | +16.2% |
| 1983 | 1.2% | +12.3% |
| 1984 | 0.9% | -24.7% |
| 1985 | 0.8% | -8.6% |
| 1986 | 1.0% | +23.8% |
| 1987 | 1.4% | +42.7% |
| 1988 | 1.5% | +3.5% |
| 1989 | 1.6% | +11.1% |
| 1990 | 1.9% | +20.1% |
| 1991 | 2.2% | +10.7% |
| 1992 | 2.0% | -6.7% |
| 1993 | 2.3% | +13.5% |
| 1994 | 2.0% | -13.7% |
| 1995 | 2.1% | +5.4% |
| 1996 | 1.8% | -11.3% |
| 1997 | 1.9% | +4.7% |
| 1998 | 1.8% | -6.3% |
| 1999 | 2.4% | +35.1% |
| 2000 | 2.2% | -9.8% |
| 2001 | 1.9% | -15.0% |
| 2002 | 2.1% | +12.6% |
| 2003 | 2.2% | +6.3% |
| 2004 | 1.2% | -47.5% |
| 2005 | 1.2% | +1.5% |
| 2006 | 1.0% | -17.3% |
| 2007 | 0.9% | -10.7% |
| 2008 | 0.7% | -19.6% |
| 2009 | 0.8% | +8.5% |
| 2010 | 0.8% | +9.7% |
| 2011 | 0.8% | -2.2% |
| 2012 | 0.8% | +1.1% |
| 2013 | 0.8% | -4.3% |
| 2014 | 0.8% | -4.4% |
| 2015 | 1.1% | +47.8% |
| 2016 | 1.5% | +30.4% |
| 2017 | 1.6% | +12.0% |
| 2018 | 1.7% | +3.8% |
| 2019 | 1.9% | +11.0% |
| 2020 | 1.8% | -2.9% |
| 2021 | 1.9% | +1.2% |
| 2022 | 2.5% | +33.4% |
| 2023 | 2.5% | -0.2% |
| 2024 | 1.9% | -23.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.1% | 0.8% | 1.6% | 9 |
| 1990s | 2.0% | 1.8% | 2.4% | 10 |
| 2000s | 1.4% | 0.7% | 2.2% | 10 |
| 2010s | 1.2% | 0.8% | 1.9% | 10 |
| 2020s | 2.1% | 1.8% | 2.5% | 5 |
Countries ranked near China
- 92 Guinea 1.9% compare
- 93 Central African Republic 1.9% compare
- 94 Chad 1.9% compare
- 96 Vanuatu 1.9% compare
- 97 Bangladesh 1.8% compare
- 98 Guinea-Bissau 1.8% compare
More economy & growth data for China
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.46 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.31 Percent per annum (2029)
- Industry (including construction), value added (current US$), annual 2.01 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.3564 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 4,941 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 1.91 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 2.56 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 35,522 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) 4.5 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.3727 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is total debt service in China?
- Total debt service in China was 1.9% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest total debt service recorded in China?
- The highest recorded value was 2.5% in 2022.
- What is the lowest total debt service recorded in China?
- The lowest recorded value was 0.7% in 2008.
- How does China rank for total debt service?
- China ranks 95th out of 121 countries with data for 2024.
- Is total debt service rising or falling in China?
- Over the last ten years it is up 148.2%. The long-run trend across the full record is rising.
- Where does this China data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Total debt service (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Total debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term debt, interest paid on short-term debt, and repayments (repurchases and charges) to the IMF.