What is the China debt-to-GDP ratio?
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What is the China debt-to-GDP ratio?
In 2019, gross national debt ranged at around 57 percent of the national gross domestic product….
| Characteristic | National debt to GDP ratio |
|---|---|
| 2019 | 57.12\% |
| 2018 | 53.85\% |
| 2017 | 51.73\% |
| 2016 | 48.24\% |
Which country has the highest national debt to GDP?
Japan
As of December 2019, the nation with the highest debt-to-GDP ratio is Japan, with a ratio of 237\%.
Does China have high debt?
At the end of 2020, China’s foreign debt, including U.S. dollar debt, stood at roughly $2.4 trillion. China’s public debt is already 60 percent higher than the average across other countries, and the debt-to-GDP ratio is growing at a rate of about 11 percent per year.
What is China’s real national debt?
China: National debt from 2016 to 2026 (in billion U.S. dollars)
| Characteristic | National debt in billion U.S. dollars |
|---|---|
| 2019 | 8,697.14 |
| 2018 | 7,672.99 |
| 2017 | 6,658.8 |
| 2016 | 5,591.04 |
Who has the lowest national debt?
In 2020, Russia’s estimated level of national debt reached about 19.28 percent of the GDP, ranking 14th of the countries with the lowest national debt….The 20 countries with the lowest national debt in 2020 in relation to gross domestic product (GDP)
| Characteristic | National debt in relation to GDP |
|---|---|
| Tuvalu | 7.29\% |
What is the national debt to GDP ratio?
In 2020, the national debt of the United States was at around 133.92 percent of the gross domestic product….
| Characteristic | National debt in relation to GDP |
|---|---|
| 2020 | 133.92\% |
| 2019 | 108.46\% |
| 2018 | 107.06\% |
| 2017 | 105.98\% |
Who holds China’s national debt?
The three government-owned banks (China Development Bank, Agricultural Development Bank of China and Exim Bank of China) owe a further 29\% of GDP. The high debt level is a current economic issue facing China.