Private credit by deposit money banks to GDP in China
China: Private credit by deposit money banks to GDP was 178.1% in 2021. ▲ Rising
Private credit by deposit money banks to GDP in China, 1985–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
In 2021, private credit by deposit money banks to gdp in China stood at 178.1%.
The figure is down 2.6% on the previous year and up 44.7% over ten years.
Over the whole period, private credit by deposit money banks to gdp in China peaked at 182.9% in 2020 and was at its lowest, 65.3%, in 1985.
That places China 4th out of 187 countries with data for 2021, putting it in the top 10%.
The long-run direction has been consistently rising across the 37 years of available data.
Private credit by deposit money banks to GDP in China, year by year
| Year | % | Change |
|---|---|---|
| 1985 | 65.3% | — |
| 1986 | 74.7% | +14.4% |
| 1987 | 76.2% | +1.9% |
| 1988 | 72.0% | -5.5% |
| 1989 | 75.1% | +4.4% |
| 1990 | 84.0% | +11.9% |
| 1991 | 86.3% | +2.7% |
| 1992 | 84.4% | -2.2% |
| 1993 | 95.0% | +12.5% |
| 1994 | 84.4% | -11.2% |
| 1995 | 83.1% | -1.5% |
| 1996 | 88.5% | +6.5% |
| 1997 | 96.5% | +9.0% |
| 1998 | 105.1% | +8.9% |
| 1999 | 110.3% | +4.9% |
| 2000 | 111.0% | +0.7% |
| 2001 | 109.9% | -1.0% |
| 2002 | 117.3% | +6.8% |
| 2003 | 125.5% | +7.0% |
| 2004 | 118.6% | -5.6% |
| 2005 | 111.8% | -5.7% |
| 2006 | 109.1% | -2.4% |
| 2007 | 105.8% | -3.1% |
| 2008 | 102.0% | -3.6% |
| 2009 | 124.4% | +22.0% |
| 2010 | 126.6% | +1.8% |
| 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% |
| 2021 | 178.1% | -2.6% |
China compared with similar countries
- China's 178.1% is above the median for upper middle income countries, which is 49.7%, 3.6× the median. (55 countries reporting)
- China's 178.1% is above the median for East Asia & Pacific, which is 71.8%, 2.5× the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 72.7% | 65.3% | 76.2% | 5 |
| 1990s | 91.8% | 83.1% | 110.3% | 10 |
| 2000s | 113.5% | 102.0% | 125.5% | 10 |
| 2010s | 144.0% | 123.1% | 165.4% | 10 |
| 2020s | 180.5% | 178.1% | 182.9% | 2 |
Countries ranked near China
- 1 Hong Kong, China 260.0% compare
- 2 Macau, China 238.2% compare
- 3 Cyprus 180.6% compare
- 5 Korea 171.5% compare
- 6 Switzerland 168.5% compare
- 7 Cambodia 166.2% 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 private credit by deposit money banks to gdp in China?
- Private credit by deposit money banks to gdp in China was 178.1% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest private credit by deposit money banks to gdp recorded in China?
- The highest recorded value was 182.9% in 2020.
- What is the lowest private credit by deposit money banks to gdp recorded in China?
- The lowest recorded value was 65.3% in 1985.
- How does China rank for private credit by deposit money banks to gdp?
- China ranks 4th out of 187 countries with data for 2021.
- Is private credit by deposit money banks to gdp rising or falling in China?
- Over the last ten years it is up 44.7%. The long-run trend across the full record is rising.
- Where does this China data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Private credit by deposit money banks to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Private credit by deposit money banks and other financial institutions to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is credit to the private sector, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks (IFS line 22d); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).