What is the debt to GDP ratio of China?
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What is the debt to GDP ratio of China?
| Characteristic | National debt to GDP ratio |
|---|---|
| 2019 | 57.12\% |
| 2018 | 53.85\% |
| 2017 | 51.73\% |
| 2016 | 48.24\% |
What is China’s current debt level?
As of 2020, China’s total government debt stands at approximately CN¥ 46 trillion (US$ 7.0 trillion), equivalent to about 45\% of GDP.
What is China’s national debt 2021?
The statistic shows the national debt of China from 2016 to 2020, with projections up until 2026….China: National debt from 2016 to 2026 (in billion U.S. dollars)
| Characteristic | National debt in billion U.S. dollars |
|---|---|
| 2021* | 13,009.03 |
| 2020 | 10,231.72 |
| 2019 | 8,697.14 |
What is Russia’s debt to GDP?
Russia’s debt ratio is one of the lowest in the world at 19.48\% of its GDP. Russia is the ninth least indebted country in the world. Russia’s debt is currently at a total of over 14 billion руб ($216 billion USD). Most of Russia’s external debt is private.
What is Japan’s debt-to-GDP ratio?
As of December 2019, the nation with the highest debt-to-GDP ratio is Japan, with a ratio of 237\%….Debt to GDP Ratio by Country.
| Country | Debt To GDP Ratio | 2021 Population |
|---|---|---|
| Japan | 237.00\% | 126,050,804 |
| Greece | 177.00\% | 10,370,744 |
| Lebanon | 151.00\% | 6,769,146 |
| Italy | 135.00\% | 60,367,477 |
What country has the highest debt to GDP?
The countries with the highest debt-to-GDP ratios are Japan (230\%), Greece (177\%), Lebanon (134\%), Jamaica (133\%), Italy (132\%), and Portugal (130\%).
Does China have a national debt?
Summary of Chinese public debt types. The majority of Chinese public debt is not officially owed by the central government. However, all of that debt is ultimately guaranteed by the national government of China and should rightfully be recorded in its entirety as the Chinese national debt.
What is the national debt of China?
The National Debt Of China. China’s national debt is the sum of all money owed by the central and local governments of China through the issue of debt instruments. Obligations that are not represented by bonds or bills, such as pension obligations or guarantees to the banking sector or private companies are not included in the national debt figure.
What is Chinas GDP growth?
China GDP Growth Rate. In China, the growth rate in GDP measures the change in the seasonally adjusted value of the goods and services produced by the Chinese economy during the quarter. As China’s traditional growth engines of manufacturing and construction are slowing down, services have emerged as the new driver.