Interest payments (% of revenue) in China
China: Interest payments (% of revenue) was 3.4% in 2021. ▼ Falling
Interest payments in China, 2005–2021
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
In 2021, interest payments in China stood at 3.4%.
Compared with earlier readings it is down 12.1% on the previous year and up 3.7% over ten years.
Over the whole period, interest payments in China peaked at 4.4% in 2006 and was at its lowest, 2.2%, in 2007.
China ranks 110th of 155 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 17 years of available data.
Interest payments (% of revenue) in China, year by year
| Year | % of revenue | Change |
|---|---|---|
| 2005 | 4.3% | — |
| 2006 | 4.4% | +0.0% |
| 2007 | 2.2% | -49.5% |
| 2008 | 3.4% | +56.1% |
| 2009 | 3.2% | -5.3% |
| 2010 | 3.3% | +0.3% |
| 2011 | 3.3% | +1.8% |
| 2012 | 3.4% | +3.5% |
| 2013 | 3.6% | +3.8% |
| 2014 | 2.6% | -28.2% |
| 2015 | 3.2% | +26.6% |
| 2016 | 2.9% | -9.8% |
| 2017 | 3.4% | +16.5% |
| 2018 | 2.8% | -18.8% |
| 2019 | 2.9% | +5.1% |
| 2020 | 3.9% | +34.9% |
| 2021 | 3.4% | -12.1% |
China compared with similar countries
- China's 3.4% is below the median for upper middle income countries, which is 8.7%, 40% of the median. (48 countries reporting)
- China's 3.4% is above the median for East Asia & Pacific, which is 3.3%, 1.1× the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.5% | 2.2% | 4.4% | 5 |
| 2010s | 3.1% | 2.6% | 3.6% | 10 |
| 2020s | 3.7% | 3.4% | 3.9% | 2 |
Countries ranked near China
More public sector data for China
- Democracy, annual growth rate -100 % change on previous year (1949)
- Chief executive of the government is elected, annual growth rate -100 % change on previous year (1949)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Arms imports 207.00 million SIPRI trend indicator values (2025)
- 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)
Frequently asked questions
- What is interest payments in China?
- Interest payments in China was 3.4% 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 4.4% in 2006.
- What is the lowest interest payments recorded in China?
- The lowest recorded value was 2.2% in 2007.
- How does China rank for interest payments?
- China ranks 110th out of 155 countries with data for 2021.
- Is interest payments rising or falling in China?
- Over the last ten years it is up 3.7%. The long-run trend across the full record is falling.
- 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 (% of revenue). 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 as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.