Makrognosis

China Government Debt to GDP

AnnualNot seasonally adjustedCode CN.GOVDEBT.A.NSA

Latest60.9%2024
Previous56.1%2023
Year ago56.1%2023

China Government Debt to GDP was 60.9% in 2024, up 4.8 percentage points from 2023.

China Government Debt to GDP (% of GDP), 2018 – 202435%40%45%50%55%60%2018201920202021202220232024Robomacro
China Government Debt to GDP (% of GDP), 2018 – 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
202460.9%
202356.1%
202250.4%
202045.8%
201837.1%

Last 5 observations. The full history (5 observations) is available through the API.

Get China Government Debt to 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.GOVDEBT.A.NSA"

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

About this series

Latest observation2024
First observation2018
Observations5
FrequencyAnnual
Units% of GDP
AdjustmentNot seasonally adjusted
10-year high60.9% (2024)
10-year low37.1% (2018)
10-year average50.1%
Source agencyChina Ministry of Finance / NPC
Makrognosis codeCN.GOVDEBT.A.NSA

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 M2 Money StockChina Chinese Yuan per US DollarChina Currency in Circulation (M0)China General government net lending/borrowing, % of GDPChina Loan Prime RateChina Narrow Money (M1)

FAQ

What is the current government Debt to GDP in China?
The latest reading is 60.9% 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.GOVDEBT.A.NSA.

Last updated 2026-08-13. Source: China Ministry of Finance / NPC. Original title: “China statutory government debt, % of GDP (MoF / NPC 全国政府法定负债率, year-end)”.