The debt held by Chinese nonfinancial corporations as a share of GDP was the highest of any major economy in 2020, at 160.6 percent. This was almost twice that of the United States, whose corporations held debt which amounted to 84.7 percent of the country's GDP in the same year.
Total debt of nonfinancial corporations in major economies as a share of GDP from 2008 to 2020, by selected countries
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BIS. (December 1, 2021). Total debt of nonfinancial corporations in major economies as a share of GDP from 2008 to 2020, by selected countries [Graph]. In Statista. Retrieved May 26, 2022, from https://www.statista.com/statistics/1075470/nonfinancial-corporation-debt-share-gdp-worldwide-major-economies/
BIS. "Total debt of nonfinancial corporations in major economies as a share of GDP from 2008 to 2020, by selected countries." Chart. December 1, 2021. Statista. Accessed May 26, 2022. https://www.statista.com/statistics/1075470/nonfinancial-corporation-debt-share-gdp-worldwide-major-economies/
BIS. (2021). Total debt of nonfinancial corporations in major economies as a share of GDP from 2008 to 2020, by selected countries. Statista. Statista Inc.. Accessed: May 26, 2022. https://www.statista.com/statistics/1075470/nonfinancial-corporation-debt-share-gdp-worldwide-major-economies/
BIS. "Total Debt of Nonfinancial Corporations in Major Economies as a Share of Gdp from 2008 to 2020, by Selected Countries." Statista, Statista Inc., 1 Dec 2021, https://www.statista.com/statistics/1075470/nonfinancial-corporation-debt-share-gdp-worldwide-major-economies/
BIS, Total debt of nonfinancial corporations in major economies as a share of GDP from 2008 to 2020, by selected countries Statista, https://www.statista.com/statistics/1075470/nonfinancial-corporation-debt-share-gdp-worldwide-major-economies/ (last visited May 26, 2022)