Domestic credit to private sector in China
China: Domestic credit to private sector was 194.3% in 2024. ▲ Rising
Domestic credit to private sector in China, 1977–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
China recorded 194.3% for domestic credit to private sector in 2024. That is the highest value across all 48 years on record.
That represents a change of up 2.5% on the previous year and up 41.2% over ten years.
Over the whole period, domestic credit to private sector in China peaked at 194.3% in 2024 and was at its lowest, 49.7%, in 1979.
China ranks 3rd of 187 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 48 years of available data.
Domestic credit to private sector in China, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1977 | 51.1% | — |
| 1978 | 50.2% | -1.7% |
| 1979 | 49.7% | -1.1% |
| 1980 | 52.5% | +5.8% |
| 1981 | 55.9% | +6.4% |
| 1982 | 56.7% | +1.4% |
| 1983 | 56.9% | +0.3% |
| 1984 | 60.6% | +6.6% |
| 1985 | 66.1% | +9.0% |
| 1986 | 75.8% | +14.8% |
| 1987 | 77.9% | +2.7% |
| 1988 | 73.9% | -5.2% |
| 1989 | 77.0% | +4.3% |
| 1990 | 86.0% | +11.7% |
| 1991 | 88.1% | +2.4% |
| 1992 | 86.1% | -2.3% |
| 1993 | 96.5% | +12.1% |
| 1994 | 85.5% | -11.4% |
| 1995 | 83.8% | -2.0% |
| 1996 | 89.0% | +6.2% |
| 1997 | 96.1% | +8.0% |
| 1998 | 104.4% | +8.6% |
| 1999 | 109.4% | +4.8% |
| 2000 | 110.0% | +0.5% |
| 2001 | 108.8% | -1.1% |
| 2002 | 116.0% | +6.6% |
| 2003 | 123.9% | +6.8% |
| 2004 | 116.9% | -5.6% |
| 2005 | 110.3% | -5.6% |
| 2006 | 107.6% | -2.4% |
| 2007 | 104.2% | -3.2% |
| 2008 | 100.4% | -3.6% |
| 2009 | 122.3% | +21.8% |
| 2010 | 124.4% | +1.7% |
| 2011 | 121.2% | -2.6% |
| 2012 | 126.8% | +4.7% |
| 2013 | 131.9% | +4.0% |
| 2014 | 137.6% | +4.3% |
| 2015 | 149.6% | +8.7% |
| 2016 | 153.2% | +2.4% |
| 2017 | 152.1% | -0.7% |
| 2018 | 155.0% | +1.9% |
| 2019 | 162.2% | +4.7% |
| 2020 | 179.1% | +10.4% |
| 2021 | 173.6% | -3.1% |
| 2022 | 181.8% | +4.7% |
| 2023 | 189.6% | +4.3% |
| 2024 | 194.3% | +2.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 50.3% | 49.7% | 51.1% | 3 |
| 1980s | 65.3% | 52.5% | 77.9% | 10 |
| 1990s | 92.5% | 83.8% | 109.4% | 10 |
| 2000s | 112.0% | 100.4% | 123.9% | 10 |
| 2010s | 141.4% | 121.2% | 162.2% | 10 |
| 2020s | 183.7% | 173.6% | 194.3% | 5 |
Countries ranked near China
- 1 Hong Kong, China 222.6% compare
- 2 United States of America 201.3% compare
- 4 Japan 187.4% compare
- 5 Switzerland 167.8% compare
- 6 Korea 160.3% 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 194.3% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit to private sector recorded in China?
- The highest recorded value was 194.3% in 2024.
- 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 3rd out of 187 countries with data for 2024.
- Is domestic credit to private sector rising or falling in China?
- Over the last ten years it is up 41.2%. The long-run trend across the full record is rising.
- Where does this China data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Domestic credit to private sector (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 48 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Domestic credit to private sector refers to financial resources provided to the private sector by financial corporations, 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. The financial corporations include monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.