Interest, payable, Ratio of this level of government's expenditure on in China
China: Interest, payable, Ratio of this level of government's expenditure on was 0.5654 in 2020. ▼ Falling
Interest, payable, Ratio of this level of government's expenditure on in China, 2005–2020
Source: International Monetary Fund.
Analysis
The most recent figure for interest, payable, ratio of this level of government's expenditure on in China is 0.5654, measured in 2020.
That represents a change of up 4.3% on the previous year and down 30.9% over ten years.
Over the whole period, interest, payable, ratio of this level of government's expenditure on in China peaked at 0.9653 in 2006 and was at its lowest, 0.542, in 2019.
China ranks 75th of 80 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 16 years of available data.
Interest, payable, Ratio of this level of government's expenditure on in China, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 0.9645 | — |
| 2006 | 0.9653 | +0.1% |
| 2007 | 0.8964 | -7.1% |
| 2008 | 0.9104 | +1.6% |
| 2009 | 0.8856 | -2.7% |
| 2010 | 0.8182 | -7.6% |
| 2011 | 0.7634 | -6.7% |
| 2012 | 0.7817 | +2.4% |
| 2013 | 0.7576 | -3.1% |
| 2014 | 0.7259 | -4.2% |
| 2015 | 0.8349 | +15.0% |
| 2016 | 0.6623 | -20.7% |
| 2017 | 0.6409 | -3.2% |
| 2018 | 0.5626 | -12.2% |
| 2019 | 0.542 | -3.7% |
| 2020 | 0.5654 | +4.3% |
China compared with similar countries
- China's 0.5654 is below the median for upper middle income countries, which is 0.9878, 57% of the median. (28 countries reporting)
- China's 0.5654 is below the median for East Asia & Pacific, which is 0.9833, 57% of the median. (11 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.9244 | 0.8856 | 0.9653 | 5 |
| 2010s | 0.7089 | 0.542 | 0.8349 | 10 |
| 2020s | 0.5654 | 0.5654 | 0.5654 | 1 |
Countries ranked near China
More public sector data for China
- Arms imports 72.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.0511 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -83.29 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 72.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 222.62 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0167 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 5.67 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 313.66 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 45.91 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is interest, payable, ratio of this level of government's expenditure on in China?
- Interest, payable, ratio of this level of government's expenditure on in China was 0.5654 in 2020, according to International Monetary Fund.
- What is the highest interest, payable, ratio of this level of government's expenditure on recorded in China?
- The highest recorded value was 0.9653 in 2006.
- What is the lowest interest, payable, ratio of this level of government's expenditure on recorded in China?
- The lowest recorded value was 0.542 in 2019.
- How does China rank for interest, payable, ratio of this level of government's expenditure on?
- China ranks 75th out of 80 countries with data for 2020.
- Is interest, payable, ratio of this level of government's expenditure on rising or falling in China?
- Over the last ten years it is down 30.9%. The long-run trend across the full record is falling.
- Where does this China data come from?
- The figures come from International Monetary Fund, published as part of Interest, payable, Ratio of this level of government's expenditure on this item to total general government expenditure on this, Percent (Central government). Statizoid updates them automatically from the source API.
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About this data
The Fiscal Decentralization dataset includes fiscal decentralization indicators for a sample of IMF member countries. The following indicators are included in the dataset: Revenue and Expenditure Decentralization Shares; Transfer dependency and Vertical Fiscal Imbalances; Deficit and Debt; Allocation of expenditure (economic classification); Allocation of expenditure (functional classification); Allocation of non-Tax Revenues; and Allocation of Taxes.