Makrognosis

China General government net lending/borrowing, % of GDP

AnnualNominalCode CN.NETLEND.A.NOM

Latest−8,383.9 CNY billion2024
Previous−7,346.3 CNY billion2023
Year ago−7,346.3 CNY billion2023

China General government net lending/borrowing, % of GDP was −8,383.9 CNY billion in 2024, down 1,037.6 from 2023.

That is the lowest reading since 2020.

China General government net lending/borrowing, % of GDP (CNY billion), 2019 – 2024−10k−8,000−6,000−4,000201920202021202220232024Robomacro
China General government net lending/borrowing, % of GDP (CNY billion), 2019 – 2024. Source: China Ministry of Finance / NPC.

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

PeriodValue
2024−8,383.9 CNY billion
2023−7,346.3 CNY billion
2022−7,846.4 CNY billion
2021−5,530.4 CNY billion
2020−9,621.6 CNY billion
2019−4,233.6 CNY billion

Last 6 observations. The full history (6 observations) is available through the API.

Get China General government net lending/borrowing, % of GDP in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/CN.NETLEND.A.NOM"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/CN.NETLEND.A.NOM",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
Get a free API key → · API docs

About this series

Latest observation2024
First observation2019
Observations6
FrequencyAnnual
UnitsCNY billion
AdjustmentNominal
10-year high−4,233.6 CNY billion (2019)
10-year low−9,621.6 CNY billion (2020)
10-year average−7,160.4 CNY billion
Source agencyChina Ministry of Finance / NPC
Makrognosis codeCN.NETLEND.A.NOM

Other China indicators

China Inflation Rate (CPI)China Unemployment RateChina Credit Rating & Sovereign Risk ScoreChina Industrial Production Growth Rate (year on year)China Trade Balance: Goods & ServicesChina Goods exports (GACC customs preliminary release, USD 100 million)China Goods imports (GACC customs preliminary release, USD 100 million)China Government Debt to GDPChina M2 Money StockChina Chinese Yuan per US DollarChina Currency in Circulation (M0)China Loan Prime RateChina Narrow Money (M1)

FAQ

What is the current general government net lending/borrowing, % of GDP in China?
The latest reading is −8,383.9 CNY billion for 2024, published by China Ministry of Finance / NPC.
Where does this data come from?
It is collected directly from China Ministry of Finance / NPC and is available through the Makrognosis API under the code CN.NETLEND.A.NOM.

Last updated 2026-09-17. Source: China Ministry of Finance / NPC. Original title: “China general government net lending/borrowing, CNY billion (MoF SDDS 广义政府运行 收支差额, calendar year)”.