Interest payments in China
China: Interest payments was 590.85 billion current LCU in 2021. ◆ Volatile
Interest payments in China, 2005–2021
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
China recorded 590.85 billion current LCU for interest payments in 2021. That is the highest value across all 17 years on record.
The figure is up 5.7% on the previous year and up 224.6% over ten years.
Over the whole period, interest payments in China peaked at 590.85 billion current LCU in 2021 and was at its lowest, 81.50 billion current LCU, in 2005.
That places China 31st out of 155 countries with data for 2021, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 108.38 billion current LCU | 81.50 billion current LCU | 132.07 billion current LCU | 5 |
| 2010s | 306.01 billion current LCU | 150.89 billion current LCU | 461.16 billion current LCU | 10 |
| 2020s | 574.98 billion current LCU | 559.12 billion current LCU | 590.85 billion current LCU | 2 |
Countries ranked near China
- 28 Philippines 763.31 billion current LCU compare
- 29 Bangladesh 706.17 billion current LCU compare
- 30 Kenya 685.88 billion current LCU compare
- 32 Senegal 579.04 billion current LCU compare
- 33 Madagascar 555.08 billion current LCU compare
- 34 Cambodia 473.14 billion current LCU compare
More public sector data for China
- Arms imports 72.00 million SIPRI trend indicator values (2024)
- Tax revenue 7.0% (2024)
- Taxes on income, profits and capital gains 17.5% (2024)
- Taxes on goods and services 28.3% (2024)
- Interest payments 3.4% (2021)
- Grants and other revenue 9.2% (2024)
- Other taxes 0.0% (2024)
- Taxes on international trade 1.2% (2024)
- Military expenditure 313.66 billion current USD (2024)
- Military expenditure 1.7% (2024)
Frequently asked questions
- What is interest payments in China?
- Interest payments in China was 590.85 billion current LCU in 2021, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in China?
- The highest recorded value was 590.85 billion current LCU in 2021.
- What is the lowest interest payments recorded in China?
- The lowest recorded value was 81.50 billion current LCU in 2005.
- How does China rank for interest payments?
- China ranks 31st out of 155 countries with data for 2021.
- Is interest payments rising or falling in China?
- Over the last ten years it is up 224.6%. The long-run trend across the full record is volatile.
- Where does this China data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Interest payments (current LCU). Statizoid updates them automatically from the source API.
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About this data
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.