Domestic credit to private sector in China
China: Domestic credit to private sector was 182.9% in 2020. ▲ Rising
Domestic credit to private sector in China, 1977–2020
Source: World Development Indicators (WDI), World Bank. Measured in % of GDP.
Analysis
In 2020, domestic credit to private sector in China stood at 182.9%. That is the highest value across all 44 years on record.
That represents a change of up 10.6% on the previous year and up 44.5% over ten years.
Over the whole period, domestic credit to private sector in China peaked at 182.9% in 2020 and was at its lowest, 49.7%, in 1979.
China ranks 4th of 187 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 44 years of available data.
Domestic credit to private sector in China, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1977 | 51.2% | — |
| 1978 | 50.3% | -1.7% |
| 1979 | 49.7% | -1.1% |
| 1980 | 52.6% | +5.8% |
| 1981 | 56.0% | +6.4% |
| 1982 | 56.8% | +1.4% |
| 1983 | 57.0% | +0.3% |
| 1984 | 60.7% | +6.6% |
| 1985 | 66.2% | +9.0% |
| 1986 | 76.0% | +14.8% |
| 1987 | 78.0% | +2.7% |
| 1988 | 74.0% | -5.2% |
| 1989 | 77.1% | +4.3% |
| 1990 | 86.2% | +11.8% |
| 1991 | 88.4% | +2.5% |
| 1992 | 86.4% | -2.3% |
| 1993 | 96.9% | +12.2% |
| 1994 | 85.9% | -11.4% |
| 1995 | 84.2% | -2.0% |
| 1996 | 89.5% | +6.2% |
| 1997 | 96.7% | +8.1% |
| 1998 | 105.2% | +8.8% |
| 1999 | 110.4% | +4.9% |
| 2000 | 111.1% | +0.7% |
| 2001 | 110.0% | -1.0% |
| 2002 | 117.5% | +6.8% |
| 2003 | 125.7% | +7.0% |
| 2004 | 118.6% | -5.6% |
| 2005 | 111.8% | -5.7% |
| 2006 | 109.2% | -2.4% |
| 2007 | 105.8% | -3.1% |
| 2008 | 102.0% | -3.6% |
| 2009 | 124.4% | +22.0% |
| 2010 | 126.6% | +1.7% |
| 2011 | 123.1% | -2.8% |
| 2012 | 128.9% | +4.7% |
| 2013 | 134.3% | +4.2% |
| 2014 | 140.2% | +4.4% |
| 2015 | 152.6% | +8.8% |
| 2016 | 156.2% | +2.4% |
| 2017 | 154.9% | -0.9% |
| 2018 | 157.8% | +1.9% |
| 2019 | 165.4% | +4.8% |
| 2020 | 182.9% | +10.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 50.4% | 49.7% | 51.2% | 3 |
| 1980s | 65.4% | 52.6% | 78.0% | 10 |
| 1990s | 93.0% | 84.2% | 110.4% | 10 |
| 2000s | 113.6% | 102.0% | 125.7% | 10 |
| 2010s | 144.0% | 123.1% | 165.4% | 10 |
| 2020s | 182.9% | 182.9% | 182.9% | 1 |
Countries ranked near China
- 1 Hong Kong, China 258.9% compare
- 2 United States of America 216.6% compare
- 3 Japan 192.8% compare
- 5 Switzerland 168.5% compare
- 6 Norway 166.0% compare
- 7 Korea 164.8% compare
More financial sector data for China
- Reserve position in the IMF, US dollar, annual growth rate 14.56 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0006 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 7.95 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 9.09 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0004 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 5.8 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 14.56 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0006 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 7.95 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 9.09 % change on previous year (2025)
Frequently asked questions
- What is domestic credit to private sector in China?
- Domestic credit to private sector in China was 182.9% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest domestic credit to private sector recorded in China?
- The highest recorded value was 182.9% in 2020.
- What is the lowest domestic credit to private sector recorded in China?
- The lowest recorded value was 49.7% in 1979.
- How does China rank for domestic credit to private sector?
- China ranks 4th out of 187 countries with data for 2020.
- Is domestic credit to private sector rising or falling in China?
- Over the last ten years it is up 44.5%. The long-run trend across the full record is rising.
- Where does this China data come from?
- The figures come from World Development Indicators (WDI), World Bank, published as part of Domestic credit to private sector (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Domestic credit to private sector refers to financial resources provided to the private sector, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises.