China Private Credit to GDP

194.3% +4.71 pt

Dec 2024 · Annual

China's private credit to GDP ratio rose to 194.31% of GDP in 2024, from 189.61% in 2023. The latest reading is the highest in the annual series, which began in 1977. The all-time low was 49.66% of GDP in 1979.

China Private Credit to GDP, 1990–2024
ActualPreviousHighestLowestDatesFrequency
194.3%189.6%194.3%Dec 202449.7%Dec 19791977 – 2024Annual

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Interest Rate3.0%3.0%12.1%3.0%Aug 2026Monthly
GDP$19.50T$18.73T$19.50T$47.3BDec 2025Annual

About this series

Private Credit to GDP in China averaged 125.1% from 1977 until 2024, reaching an all-time high of 194.3% in Dec 2024 and a record low of 49.7% in Dec 1979. The series is reported yearly with history from 1977.

Private credit to GDP measures private-sector credit relative to the size of the economy. The indicator is expressed as a percentage of GDP and reported annually for China. The series spans from 1977 to 2024, and the latest observation is for 2024.

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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