Net domestic credit (current LCU), annual growth rate in China
China: Net domestic credit (current LCU), annual growth rate was 8.43 % change on previous year in 2024. ▼ Falling
Net domestic credit (current LCU), annual growth rate in China, 1978–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, net domestic credit (current lcu), annual growth rate in China stood at 8.43 % change on previous year. That is the lowest value across all 47 years on record.
Compared with earlier readings it is down 19.4% on the previous year and down 47.9% over ten years.
Over the whole period, net domestic credit (current lcu), annual growth rate in China peaked at 45.93 % change on previous year in 1993 and was at its lowest, 8.43 % change on previous year, in 2024.
That places China 99th out of 186 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 47 years of available data.
Net domestic credit (current LCU), annual growth rate in China, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1978 | 10.35 % change on previous year | — |
| 1979 | 42.21 % change on previous year | +307.7% |
| 1980 | 22.28 % change on previous year | -47.2% |
| 1981 | 13.1 % change on previous year | -41.2% |
| 1982 | 11.2 % change on previous year | -14.5% |
| 1983 | 12.81 % change on previous year | +14.4% |
| 1984 | 31.35 % change on previous year | +144.7% |
| 1985 | 31.34 % change on previous year | -0.0% |
| 1986 | 33.94 % change on previous year | +8.3% |
| 1987 | 22.25 % change on previous year | -34.4% |
| 1988 | 18.83 % change on previous year | -15.4% |
| 1989 | 17 % change on previous year | -9.7% |
| 1990 | 23.64 % change on previous year | +39.1% |
| 1991 | 20 % change on previous year | -15.4% |
| 1992 | 22.33 % change on previous year | +11.7% |
| 1993 | 45.93 % change on previous year | +105.7% |
| 1994 | 20.56 % change on previous year | -55.2% |
| 1995 | 23.7 % change on previous year | +15.2% |
| 1996 | 24.58 % change on previous year | +3.7% |
| 1997 | 19.76 % change on previous year | -19.6% |
| 1998 | 20.02 % change on previous year | +1.3% |
| 1999 | 12.09 % change on previous year | -39.6% |
| 2000 | 10.95 % change on previous year | -9.4% |
| 2001 | 13.6 % change on previous year | +24.2% |
| 2002 | 27.99 % change on previous year | +105.8% |
| 2003 | 19.5 % change on previous year | -30.3% |
| 2004 | 8.79 % change on previous year | -54.9% |
| 2005 | 10.67 % change on previous year | +21.4% |
| 2006 | 16.25 % change on previous year | +52.3% |
| 2007 | 17.64 % change on previous year | +8.5% |
| 2008 | 11.69 % change on previous year | -33.7% |
| 2009 | 30.37 % change on previous year | +159.7% |
| 2010 | 18.75 % change on previous year | -38.2% |
| 2011 | 17.14 % change on previous year | -8.6% |
| 2012 | 17.1 % change on previous year | -0.2% |
| 2013 | 15.07 % change on previous year | -11.8% |
| 2014 | 16.18 % change on previous year | +7.3% |
| 2015 | 23.75 % change on previous year | +46.8% |
| 2016 | 20.06 % change on previous year | -15.5% |
| 2017 | 11.26 % change on previous year | -43.9% |
| 2018 | 10.4 % change on previous year | -7.6% |
| 2019 | 10.55 % change on previous year | +1.4% |
| 2020 | 12.3 % change on previous year | +16.5% |
| 2021 | 9.57 % change on previous year | -22.2% |
| 2022 | 10.33 % change on previous year | +7.9% |
| 2023 | 10.46 % change on previous year | +1.3% |
| 2024 | 8.43 % change on previous year | -19.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 26.28 % change on previous year | 10.35 % change on previous year | 42.21 % change on previous year | 2 |
| 1980s | 21.41 % change on previous year | 11.2 % change on previous year | 33.94 % change on previous year | 10 |
| 1990s | 23.26 % change on previous year | 12.09 % change on previous year | 45.93 % change on previous year | 10 |
| 2000s | 16.74 % change on previous year | 8.79 % change on previous year | 30.37 % change on previous year | 10 |
| 2010s | 16.03 % change on previous year | 10.4 % change on previous year | 23.75 % change on previous year | 10 |
| 2020s | 10.22 % change on previous year | 8.43 % change on previous year | 12.3 % change on previous year | 5 |
Countries ranked near China
- 96 Sri Lanka 8.91 % change on previous year compare
- 97 Albania 8.89 % change on previous year compare
- 98 Romania 8.52 % change on previous year compare
- 100 Lithuania 8.4 % change on previous year compare
- 101 Mauritius 8.25 % change on previous year compare
- 102 Czechia 8.16 % change on previous year compare
More financial sector data for China
- Total reserves in months of imports, annual growth rate 8.42 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate -0.1486 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.1258 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 1,743 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate -0.1047 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 1,778 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 3.29 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 1,946 SDR per person (2025)
Frequently asked questions
- What is net domestic credit (current lcu), annual growth rate in China?
- Net domestic credit (current lcu), annual growth rate in China was 8.43 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest net domestic credit (current lcu), annual growth rate recorded in China?
- The highest recorded value was 45.93 % change on previous year in 1993.
- What is the lowest net domestic credit (current lcu), annual growth rate recorded in China?
- The lowest recorded value was 8.43 % change on previous year in 2024.
- How does China rank for net domestic credit (current lcu), annual growth rate?
- China ranks 99th out of 186 countries with data for 2024.
- Is net domestic credit (current lcu), annual growth rate rising or falling in China?
- Over the last ten years it is down 47.9%. The long-run trend across the full record is falling.
- Where does this China data come from?
- The figures come from Statizoid (derived), published as part of Net domestic credit (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Net domestic credit (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Net domestic credit International Financial Statistics database, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Net domestic credit (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.