China Government Debt to GDP

99.2% +8.82 pt

Dec 2025 · Annual

China's government debt to GDP ratio rose to 99.2% in 2025 from 90.4% in 2024. The reading marked the highest level on record in the annual series dating back to 1995. The previous all-time low was 20.4% in 1997.

China Government Debt to GDP, 1995–2025
ActualPreviousHighestLowestDatesFrequency
99.2%90.4%99.2%Dec 202520.4%Dec 19971995 – 2025Annual

Related indicators

IndicatorLastPreviousHighestLowestLast updatedFrequency
Government Budget-7.9%-7.1%0.9%-9.6%Dec 2025Annual
Interest Rate3.0%3.0%12.1%3.0%Aug 2026Monthly

About this series

Government Debt to GDP in China averaged 42.0% from 1995 until 2025, reaching an all-time high of 99.2% in Dec 2025 and a record low of 20.4% in Dec 1997. The series is reported yearly with history from 1995.

Government debt as a percentage of GDP measures the total outstanding debt of the central government relative to the size of the economy for China. The indicator is reported annually as a percentage of GDP. The series covers the period from 1995 to the latest available year.

Source & methodology

We use primary economic sources for every country. See our methodology page for how we source and verify this data.

FAQ

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