Services balance (credit less debit), Net (credits less debits) in China (People’s Republic of)
China (People’s Republic of): Services balance (credit less debit), Net (credits less debits) was -229.02 billion in 2024. ◆ Volatile
Services balance (credit less debit), Net (credits less debits) in China (People’s Republic of), 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, services balance (credit less debit), net (credits less debits) in China (People’s Republic of) stood at -229.02 billion.
That represents a change of down 9.9% on the previous year and down 7.1% over ten years.
Over the whole period, services balance (credit less debit), net (credits less debits) in China (People’s Republic of) peaked at 5.19 billion in 2007 and was at its lowest, -292.17 billion, in 2018.
That places China (People’s Republic of) 197th out of 197 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Services balance (credit less debit), Net (credits less debits) in China (People’s Republic of), year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -5.50 billion | — |
| 2006 | -6.77 billion | +23.0% |
| 2007 | 5.19 billion | -176.7% |
| 2008 | 4.36 billion | -15.9% |
| 2009 | -15.35 billion | -451.6% |
| 2010 | -15.06 billion | -1.8% |
| 2011 | -46.80 billion | +210.7% |
| 2012 | -79.72 billion | +70.4% |
| 2013 | -123.60 billion | +55.0% |
| 2014 | -213.74 billion | +72.9% |
| 2015 | -218.32 billion | +2.1% |
| 2016 | -233.15 billion | +6.8% |
| 2017 | -258.93 billion | +11.1% |
| 2018 | -292.17 billion | +12.8% |
| 2019 | -261.15 billion | -10.6% |
| 2020 | -152.53 billion | -41.6% |
| 2021 | -101.21 billion | -33.6% |
| 2022 | -87.44 billion | -13.6% |
| 2023 | -208.47 billion | +138.4% |
| 2024 | -229.02 billion | +9.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -3.61 billion | -15.35 billion | 5.19 billion | 5 |
| 2010s | -174.26 billion | -292.17 billion | -15.06 billion | 10 |
| 2020s | -155.73 billion | -229.02 billion | -87.44 billion | 5 |
Countries ranked near China (People’s Republic of)
More financial sector data for China (People’s Republic of)
- 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)
- Total reserves (gold at national valuation) (SDR), annual growth rate 3.17 % change on previous year (2025)
- Total reserves (gold at national valuation) (SDR), per capita 1,944 SDR per person (2025)
- Total reserves (gold at national valuation) 2.73 trillion SDR (2025)
Frequently asked questions
- What is services balance (credit less debit), net (credits less debits) in China (People’s Republic of)?
- Services balance (credit less debit), net (credits less debits) in China (People’s Republic of) was -229.02 billion in 2024, according to International Monetary Fund.
- What is the highest services balance (credit less debit), net (credits less debits) recorded in China (People’s Republic of)?
- The highest recorded value was 5.19 billion in 2007.
- What is the lowest services balance (credit less debit), net (credits less debits) recorded in China (People’s Republic of)?
- The lowest recorded value was -292.17 billion in 2018.
- How does China (People’s Republic of) rank for services balance (credit less debit), net (credits less debits)?
- China (People’s Republic of) ranks 197th out of 197 countries with data for 2024.
- Is services balance (credit less debit), net (credits less debits) rising or falling in China (People’s Republic of)?
- Over the last ten years it is down 7.1%. The long-run trend across the full record is volatile.
- Where does this China (People’s Republic of) data come from?
- The figures come from International Monetary Fund, published as part of Services balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.