Total debt service in China

China: Total debt service was 2.1% in 2023. ▲ Rising

Latest (2023)
2.1%
Change on year
down 9.9%
World rank
89th
of 119 countries
All-time high
2.4%
in 1999
All-time low
0.7%
in 2008
Years of data
43
1981–2023

Total debt service in China, 1981–2023

0.511.522.51981200220231981: 0.889 % of GNI1982: 1 % of GNI1983: 1.2 % of GNI1984: 0.874 % of GNI1985: 0.798 % of GNI1986: 0.988 % of GNI1987: 1.4 % of GNI1988: 1.5 % of GNI1989: 1.6 % of GNI1990: 1.9 % of GNI1991: 2.2 % of GNI1992: 2 % of GNI1993: 2.3 % of GNI1994: 2 % of GNI1995: 2.1 % of GNI1996: 1.8 % of GNI1997: 1.9 % of GNI1998: 1.8 % of GNI1999: 2.4 % of GNI2000: 2.2 % of GNI2001: 1.9 % of GNI2002: 2.1 % of GNI2003: 2.2 % of GNI2004: 1.2 % of GNI2005: 1.2 % of GNI2006: 0.989 % of GNI2007: 0.883 % of GNI2008: 0.71 % of GNI2009: 0.77 % of GNI2010: 0.845 % of GNI2011: 0.826 % of GNI2012: 0.835 % of GNI2013: 0.799 % of GNI2014: 0.763 % of GNI2015: 1.1 % of GNI2016: 1.5 % of GNI2017: 1.6 % of GNI2018: 1.7 % of GNI2019: 1.9 % of GNI2020: 1.8 % of GNI2021: 1.9 % of GNI2022: 2.4 % of GNI2023: 2.1 % of GNI

Source: UNESCO Institute for Statistics. Measured in % of GNI.

Analysis

The most recent figure for total debt service in China is 2.1%, measured in 2023.

The figure is down 9.9% on the previous year and up 166.3% over ten years.

Over the whole period, total debt service in China peaked at 2.4% in 1999 and was at its lowest, 0.7%, in 2008.

That places China 89th out of 119 countries with data for 2023, putting it in the middle of the range.

The long-run direction has been consistently rising across the 43 years of available data.

Total debt service in China, year by year

Annual values for Total debt service (% of GNI) in China, 1981 to 2023.
Year % of GNI Change
1981 0.9%
1982 1.0% +16.2%
1983 1.2% +12.3%
1984 0.9% -24.7%
1985 0.8% -8.6%
1986 1.0% +23.8%
1987 1.4% +42.7%
1988 1.5% +3.5%
1989 1.6% +11.1%
1990 1.9% +20.1%
1991 2.2% +10.7%
1992 2.0% -6.7%
1993 2.3% +13.5%
1994 2.0% -13.7%
1995 2.1% +5.4%
1996 1.8% -11.3%
1997 1.9% +4.7%
1998 1.8% -6.3%
1999 2.4% +35.1%
2000 2.2% -9.8%
2001 1.9% -15.0%
2002 2.1% +12.6%
2003 2.2% +6.3%
2004 1.2% -47.5%
2005 1.2% +1.5%
2006 1.0% -17.3%
2007 0.9% -10.7%
2008 0.7% -19.6%
2009 0.8% +8.5%
2010 0.8% +9.7%
2011 0.8% -2.2%
2012 0.8% +1.1%
2013 0.8% -4.3%
2014 0.8% -4.4%
2015 1.1% +47.8%
2016 1.5% +30.4%
2017 1.6% +12.0%
2018 1.7% +3.8%
2019 1.9% +11.0%
2020 1.8% -2.9%
2021 1.9% +1.2%
2022 2.4% +26.5%
2023 2.1% -9.9%

Averages by decade

DecadeAverage LowestHighest Years
1980s 1.1% 0.8% 1.6% 9
1990s 2.0% 1.8% 2.4% 10
2000s 1.4% 0.7% 2.2% 10
2010s 1.2% 0.8% 1.9% 10
2020s 2.0% 1.8% 2.4% 4

Countries ranked near China

  1. 86 Gambia 2.3% compare
  2. 87 India 2.3% compare
  3. 88 Chad 2.2% compare
  4. 90 Vanuatu 2.0% compare
  5. 91 Turkmenistan 1.9% compare
  6. 92 Solomon Islands 1.8% compare

See the full ranking of 119 places →

More population data for China

All data for China →

Frequently asked questions

What is total debt service in China?
Total debt service in China was 2.1% in 2023, according to UNESCO Institute for Statistics.
What is the highest total debt service recorded in China?
The highest recorded value was 2.4% in 1999.
What is the lowest total debt service recorded in China?
The lowest recorded value was 0.7% in 2008.
How does China rank for total debt service?
China ranks 89th out of 119 countries with data for 2023.
Is total debt service rising or falling in China?
Over the last ten years it is up 166.3%. The long-run trend across the full record is rising.
Where does this China data come from?
The figures come from UNESCO Institute for Statistics, published as part of Total debt service (% of GNI). Statizoid updates them automatically from the source API.

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Total debt service in China. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 24 August 2026, from https://population.statizoid.com/stat/total-debt-service-percent-of-gni-2/china/

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About this data

Indicator
Total debt service (% of GNI)
Unit
% of GNI
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
119 places, 5,373 data points, 1970–2023
Last refreshed

February 2026 Data Release