Debt of China in relation to GDP 2006-2022, by debtor

Published by C. Textor, Sep 15, 2023
In 2022, the total debt of nonfinancial sectors in China have grown to around 297 percent of the domestic gross domestic product (GDP). Private households had accumulated a total debt of 61.3 percent of the GDP that year.

Credit to the non‑financial sector as percentage of the GDP in China from 2006 to 2022, by debtor

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Release date

June 2023

Region

China

Survey time period

2006 to 2022

Supplementary notes

Figures do not include financial sector debt.

Values are based on core credit, and capture the outstanding amount of credit at the end of each year. In terms of financial instruments, credit covers the core debt, defined as loans, debt securities and currency & deposits.

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