Credit to government and state-owned enterprises to GDP in China

China: Credit to government and state-owned enterprises to GDP was 35.5% in 2020. ◆ Volatile

Latest (2020)
35.5%
Change on year
up 14.9%
World rank
13th
of 178 countries
All-time high
35.5%
in 2020
All-time low
0.2%
in 1993
Years of data
28
1993–2020

Credit to government and state-owned enterprises to GDP in China, 1993–2020

0102030401993200620201993: 0.209 %1994: 0.988 %1995: 1.7 %1996: 2.5 %1997: 1.9 %1998: 5.9 %1999: 6.7 %2000: 7.4 %2001: 10 %2002: 11.2 %2003: 11.1 %2004: 11.5 %2005: 10.6 %2006: 10.3 %2007: 10.7 %2008: 9.5 %2009: 10.9 %2010: 10.6 %2011: 10.3 %2012: 10.4 %2013: 10.5 %2014: 11 %2015: 15.9 %2016: 23.1 %2017: 26.3 %2018: 28.9 %2019: 30.9 %2020: 35.5 %

Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.

Analysis

The most recent figure for credit to government and state-owned enterprises to gdp in China is 35.5%, measured in 2020. That is the highest value across all 28 years on record.

The figure is up 14.9% on the previous year and up 233.6% over ten years.

Over the whole period, credit to government and state-owned enterprises to gdp in China peaked at 35.5% in 2020 and was at its lowest, 0.2%, in 1993.

China ranks 13th of 178 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Credit to government and state-owned enterprises to GDP in China, year by year

Annual values for Credit to government and state-owned enterprises to GDP (%) in China, 1993 to 2020.
Year % Change
1993 0.2%
1994 1.0% +371.7%
1995 1.7% +75.3%
1996 2.5% +47.1%
1997 1.9% -24.9%
1998 5.9% +207.4%
1999 6.7% +14.7%
2000 7.4% +9.8%
2001 10.0% +35.1%
2002 11.2% +11.6%
2003 11.1% -0.6%
2004 11.5% +3.2%
2005 10.6% -7.8%
2006 10.3% -2.2%
2007 10.7% +3.7%
2008 9.5% -11.5%
2009 10.9% +15.3%
2010 10.6% -2.8%
2011 10.3% -3.5%
2012 10.4% +1.4%
2013 10.5% +0.4%
2014 11.0% +5.1%
2015 15.9% +44.9%
2016 23.1% +45.0%
2017 26.3% +14.1%
2018 28.9% +9.6%
2019 30.9% +7.0%
2020 35.5% +14.9%

Averages by decade

DecadeAverage LowestHighest Years
1990s 2.9% 0.2% 6.7% 7
2000s 10.3% 7.4% 11.5% 10
2010s 17.8% 10.3% 30.9% 10
2020s 35.5% 35.5% 35.5% 1

Countries ranked near China

  1. 10 Jordan 41.5% compare
  2. 11 Italy 40.9% compare
  3. 12 Singapore 36.5% compare
  4. 14 Bahrain 33.4% compare
  5. 15 Libya 33.2% compare
  6. 16 Cape Verde 33.0% compare

See the full ranking of 178 places →

More financial sector data for China

All data for China →

Frequently asked questions

What is credit to government and state-owned enterprises to gdp in China?
Credit to government and state-owned enterprises to gdp in China was 35.5% in 2020, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
What is the highest credit to government and state-owned enterprises to gdp recorded in China?
The highest recorded value was 35.5% in 2020.
What is the lowest credit to government and state-owned enterprises to gdp recorded in China?
The lowest recorded value was 0.2% in 1993.
How does China rank for credit to government and state-owned enterprises to gdp?
China ranks 13th out of 178 countries with data for 2020.
Is credit to government and state-owned enterprises to gdp rising or falling in China?
Over the last ten years it is up 233.6%. The long-run trend across the full record is volatile.
Where does this China data come from?
The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Credit to government and state-owned enterprises to GDP (%). Statizoid updates them automatically from the source API.

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Credit to government and state-owned enterprises to GDP in China. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 10 September 2026, from https://financial-sector.statizoid.com/stat/credit-to-government-and-state-owned-enterprises-to-gdp-percent/china/

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About this data

Indicator
Credit to government and state-owned enterprises to GDP (%)
Unit
%
Source
International Financial Statistics (IFS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
178 places, 6,137 data points, 1980–2020
Last refreshed

Raw data are from the electronic version of the IMF’s International Financial Statistics. (IFS line 22A + line 22B + line 22C) / GDP. Local currency GDP is from IFS (line 99B..ZF or, if not available, line 99B.CZF).