Monetary Sector credit to private sector (% GDP) in China
China: Monetary Sector credit to private sector (% GDP) was 194.3% in 2024. ▲ Rising
Monetary Sector credit to private sector in China, 1977–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % GDP.
Analysis
China recorded 194.3% for monetary sector credit to private sector in 2024. That is the highest value across all 48 years on record.
Compared with earlier readings it is up 2.5% on the previous year and up 41.2% over ten years.
Over the whole period, monetary sector credit to private sector in China peaked at 194.3% in 2024 and was at its lowest, 49.7%, in 1979.
That places China 2nd out of 187 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 48 years of available data.
Monetary Sector credit to private sector (% GDP) in China, year by year
| Year | % 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% |
China compared with similar countries
- China's 194.3% is above the median for upper middle income countries, which is 39.9%, 4.9× the median. (55 countries reporting)
- China's 194.3% is above the median for East Asia & Pacific, which is 65.2%, 3.0× the median. (26 countries reporting)
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 222.6% compare
- 3 South Korea 160.3% compare
- 4 Switzerland 152.6% compare
- 5 Denmark 144.1% 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 monetary sector credit to private sector in China?
- Monetary sector 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 monetary sector credit to private sector recorded in China?
- The highest recorded value was 194.3% in 2024.
- What is the lowest monetary sector credit to private sector recorded in China?
- The lowest recorded value was 49.7% in 1979.
- How does China rank for monetary sector credit to private sector?
- China ranks 2nd out of 187 countries with data for 2024.
- Is monetary sector 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 Monetary Sector credit to private sector (% 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. 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.