China Debt To Gdp Ratio

In fact, the ratio of total us debt to GDP peaked in 2009/Q1 around the 400% mark and has since steadily decreased. While China exited '17 with an est. Netherlands. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year. Compared to the previous peak in 2009, the world is now more than 11 percentage points of GDP deeper in debt. A high debt-to-GDP ratio isn't necessarily bad, as long as the country's economy is growing. Some other notable high debt to GDP ratios include that of the US at 105. China has a huge debt problem. 8 trillion, much more than Greece's $281 billion. Jim Rickards shows you how the coronavirus. Debt / Debt-to-GDP Ratio. An International Monetary Fund report from 2015 stated that China's debt is relatively low, and many economists have dismissed worries over the size of the debt both in its overall size and relative to China's GDP. 6% of GDP, bringing the true debt to GDP ratio for China's national debt up to 92. This level of overall external debt is generally not seen as a problem. Government debt-to-GDP hit a new high in the U. China's debt is 250% of GDP and 'could be fatal', says government expert This article is more than 3 years old. debt to manage the exchange rate of the renminbi. This lists out average capital expenditures and depreciation by industry sector, as a percent of operating income. Since 2008, non-financial sector debt-to-GDP has risen at breakneck speed. In fact, the ratio of total us debt to GDP peaked in 2009/Q1 around the 400% mark and has since steadily decreased. Last 10 years average China had an average External Debt (Percentage of GDP) of 10. But its high debt-to-GDP ratio, high unemployment levels across the country, and the continuing struggle to keep up with existing debt repayments are problematic. China has debt, but even largest credit. Growth in a Time of Debt. No big changes in 2018. China's official debt to GDP ratio is at 47. What may not be obvious, however, is that since 2009 the total debt outstanding in the US (including consumer, business, and government debt) has actually dropped when compared to GDP. For 2017, the signals are mixed. According to the Bank for International Settlements, China's debt to GDP ratio reached 257 per. China’s debt surpasses 300 percent of GDP, IIF says, raising doubts over Yellen’s crisis remarks "The household debt-to-GDP ratio hit an all-time high of over 45 percent in the first. 96 trillion U. Combining the debt of the United States, Japan, and Europe together accounts for 75% of total global debt. " Currently, Chinese companies' debt is almost 160% of GDP, according to the IIF - way higher than the 132% percent in Japan in 1989 when the Japanese bubble burst. Increase in GDP´s target is at 6. A low debt-to-GDP ratio indicates an economy that produces and sells goods and services sufficient to pay back debts without incurring further debt. 1 percentage points to 248. 4 percent of GDP in 2019 from the 5. It is a historical peak as China following great efforts to stimulate the market. 16, 2015 3:24 AM ET Outstanding loans for companies and households stood at a record 207% of GDP at the end of June, up from 125% in 2008, data. US foreign debt is an oft written about topic, but foreign debt is actually just a small piece of the puzzle. China’s debt-to-GDP ratio was less than 150 per cent in 2007 and analysts have long warned that such a rapid build-up in borrowing has. However, that ratio is the interplay between debt and income, so when the GDP raises, existing debt fall as a percentage of the national income. These time-series data show the difference between the credit-to-GDP ratio and its long-run trend, which can serve as an early warning indicator of financial crises. So credit agencies and financial markets have already discounted their. The country's household credit accounted for 84. In that dataset, the UK would have been 7th in 1950. Interest rate and growth differentials are expected to be favorable in the near term, with real GDP growth exceeding real interest rates until 2021, contributing to a reduction in the gross debt to GDP ratio. A low debt-to-GDP ratio indicates an economy that produces and sells goods and services sufficient to pay back debts without incurring further debt. China is the largest holder of the US debt. There are many credible warning signs that China has a debt problem that should be taken seriously. debt-to-GDP ratio was 107%. But they are known. No big changes in 2018. Credit‑to‑GDP. had a total debt-to-GDP ratio of about 260 per cent by the end of last year, while the U. dollars), with the debt-to-GDP ratio at around 36. The debt-to-GDP ratio is one way to estimate whether or not a country will be able to repay its debt. As China’s leaders scramble to contain the coronavirus epidemic, the global community braces for impact to China’s people, equity and bond markets, and economy—the world’s second largest. In 2005, China's debt was 164% of GDP. The International Monetary Fund or IMF has praised India for using "the right policies" to lower its level of debt. 5 times bigger than the size of their GDP. Belgium is the location of Euroclear that holds about $32 trillion in assets in fiduciary accounts and it has come other advantages for global corporations. Thus, if you fail to include the provincial LGVF debt burden, the effect is to dramatically understate China's debt-to-GDP. For example, Japan had a National debt of around 194% of GDP, whilst that of Italy was more than 100%. 77 trillion, which makes the US government debt to GDP ratio 312%. The UK's national debt has continued to soar, data showed today. China's overall stock of debt as a share of GDP continued to climb in the second quarter of this year, albeit at a slower pace amid the ongoing economic slowdown. China: Debt-to-GDP ratio. For 2017, the signals are mixed. 4 billion people. But its internal debt has been a cause of concern among economists. The report said the growing indebtedness, seen rising to $255 trillion by end-2019, has pushed debt to GDP ratio to 320% amid a global economic slowdown and that there are limits to debt-fueled growth. RECENT POSTS. 4 trillion yuan of non-performing loans China’s banks are sitting. China debt to gdp ratio for was 0. China must win 'people's war' against epidemic. , Japan, and EU nations) really going bankrupt?. Suppose that in a hypothetical country with a currency called the ducat, debt is equal to 140 trillion ducats and GDP is equal to 100 trillion ducats. I haven't done any math or looked very deeply into this but it seems to me China's GDP stands to grow. 1 percentage points from the end of 2018 to 248. Photo: VCG. What may not be obvious, however, is that since 2009 the total debt outstanding in the US (including consumer, business, and government debt) has actually dropped when compared to GDP. The ratio of debt-to-GDP makes it possible to compare relative debt levels across many different countries. Indore: Drawing a comparison between Indian and China economies, an economic expert here at Indian Institute of Management Indore on Monday said that China has a fearfully high debt to GDP ratio. " Currently, Chinese companies' debt is almost 160% of GDP, according to the IIF - way higher than the 132% percent in Japan in 1989 when the Japanese bubble burst. 96 trillion U. Net debt figure is the cumulative total of all government borrowings less repayments that are denominated in a country's home currency. First up, American mortgage rates tumbled to an all-time low, with their 30 year fixed rate now at 3. GUYANA’S debt-to-GDP ratio is among the lowest in the Caribbean, according to a report just released by the Caribbean Development Bank (CDB). China currently has the world's largest economy and the largest population of 1. Outstanding loans for companies and households stood at a record 207 percent of gross domestic product at the end of June, up from 125 percent in 2008, data compiled by Bloomberg. 58 percent from 1995 until 2018, reaching an all time high of 50. A survey of China's debt mountain from below. America’s debt to GDP ratio is 103%. In 2005, China's debt was 164% of GDP. length } Home; What's New; Site Map; Site Index; About the IMF; Research. A dust plume arose over China's Inner Mongolia Autonomous Region and on 9 April 2012, began its eastward journey over the Sea of Japan. Government Debt to GDP in China averaged 30. CBO estimates the debt-to-GDP ratio will increase from less than 40 percent in the first half of the 2000s to at least 95 percent by 2029, and potentially more if Congress changes some expiring policies. See how much is the National Debt of China. 77 trillion, which makes the US government debt to GDP ratio 312%. The higher debt-to-GDP ratio in Japan is partly due to very low inflation. Government debt in China grew at its fastest annual pace since 2009. The CBO predicts that US. 7 trillion, dwarfing that of Greece, which is $514 billion. Similarly, the US economy is $1,594 billion. If a country is unable to pay its debt, it defaults, which could cause a financial panic in the. The calculation of any country's debt-to-GDP ratio is simple. debt-to-GDP ratio was 107%. China Red Ponzi Debt to GDP Ratio 2017. China's debt-to-GDP ratio has risen 54 percentage points in the last five years. But it's not alone. dollars), with the debt-to-GDP ratio at around 36. A ratio of a country's national debt to its GDP. 150% ten years ago. The long debt emergency has arrived – From 1950 to 1980 total US credit market debt to GDP held a ratio of 1. China’s GDP is roughly 11 trillion US dollars. These time-series data show the difference between the credit-to-GDP ratio and its long-run trend, which can serve as an early warning indicator of financial crises. The national debt (or government debt) of the People's Republic of China is the total amount of money owed by the government and all state organizations and government branches of China. 9% increase from a year earlier. People point to the current high levels of government debt in Japan and/or the United States as proof that high levels of government debt (relative to GDP) have little to no impact on inflation. Beginning in 2012, China's debt-to-GDP ratio climbed at an annual pace of 10 to 20 percentage points until Beijing pushed companies and local governments to deleverage in 2017. UK national debt balloons to 87. China is the most populous country, but its debts only equal about 23 percent of its GDP, well below the rates of nearly all of the other largest countries. 2 trillion), equivalent to about 47. The credit. This paper provides. According to a recent Bloomberg report, S&P estimates that a worst-case scenario (one which however saw GDP remain well in positive territory) would cause bad debt to balloon by 5. By the end of last year, combined debt of central and local governments in China stood at 27. Last week, the International Monetary Fund (IMF) warned that global debt is now higher than before the global financial crisis. State-owned enterprises account for over three quarters of that debt with a size exceeding GDP. Bloomberg Economics analysts Fielding Chen and Tom Orlik forecast that China's total debt will rise to 327% of GDP by 2022, for a doubling compared to 2008 levels that will make the country one of the world's most indebted economies. So, for the debt to GDP ratio to rise, the nation’s debts would have to increase aa a faster rate than GDP. If a country is unable to pay its debt, it defaults, which could cause a financial panic in the. (2) Internal borrowers owing to external l. 5tn, as of 2Q, this equates to >¥259. It is a historical peak as China following great efforts to stimulate the market. China's debt is 250% of GDP and 'could be fatal', says government expert This article is more than 3 years old. Finance teams are continuously incorporating big data sources and tools, Internet of Things technologies, artificial intelligence and machine. In Japan, SOE debt stands at 31 percent of GDP and in. We also list all the important statistics such GDP, Unemployment, Inflation, and number of Economy Facts. 5 times bigger than the size of their GDP. Understanding the trending environment of money, credit and debt is fundamental to an effective financial strategy for both business and households. Japan's debt-to-GDP ratio is so large because its economic growth has largely stagnated over the past 20 years, beginning with the bursting of a real estate and stock market bubble in 1991. Well somehow when western media talks about China debt, they love to talk about the overall debt (public+ private), but when talking about the US, it's always one debt or the other. 73 percentage points, the South China Morning Post reported May 30. Central government debt, total (% of GDP). Bosnia and Herzegovina has by official data 0% percent debt exposure to China. Thailand has had two periods this century when GDP did not increase year on year. and Australia. Bloomberg Economics analysts Fielding Chen and Tom Orlik forecast that China's total debt will rise to 327% of GDP by 2022, for a doubling compared to 2008 levels that will make the country one of the world's most indebted economies. By James Rickards Posted February 21, 2020. In 2018, gross national debt ranged at 50. To have debt to GDP ratio between 10-25% would be enormous and easily detectable. Debt-to-GDP Ratio: 179%; Population: 10. The hawks want 60 percent or even less. 3 per cent a year earlier. unit } { related. This paper provides. JERUSALEM, April 15 (Xinhua) -- Israel's public debt-to-GDP ratio rose to 61 percent in 2018, an increase of 0. Interest rate and growth differentials are expected to be favorable in the near term, with real GDP growth exceeding real interest rates until 2021, contributing to a reduction in the gross debt to GDP ratio. In nearly all other similar cases this resulted in a financial crisis. With nominal GDP growth now running at about 8%, far outpaced by the growth in aggregate financing at about 11%, means that the debt-to-GDP ratio is bound to increase, according to Raymond Yeung. Debt-to-GDP Ratio: A Very Helpful Number. From end 2012 to Q1 2019 (7yrs), China debt to GDP ratio rose 63. That's the $23,201 trillion U. The credit. 1 percent in 2008 to 47 percent in 2017. 00%, a 0% increase from. India’s key mutual fund penetration indicator or AUM/GDP (assets under management/gross domestic product) ratio stood at 7%, ahead of China’s AUM/GDP ratio which stood at 5% in 2013, shows a recent report published by SEBI. 8 percent in 2006 and a maximum of 52. China’s debt surpasses 300 percent of GDP, IIF says, raising doubts over Yellen’s crisis remarks "The household debt-to-GDP ratio hit an all-time high of over 45 percent in the first. (Yicai Global) Aug. The debt-to-GDP ratio compares a country's sovereign debt to its total economic output for the year. And American factory orders fell -½% in January and that now makes it a fall in five of the past six months. 3% last quarter and 333. 5tn in credit, which, puts China's debt service at 14-22% of GDP. nominal GDP of ¥86. 00%, a 0% increase from. 1% debt-to-GDP ratio was 10. For example, Japan had a National debt of around 194% of GDP, whilst that of Italy was more than 100%. At the present time, many economists and market participants seem to believe that there is little relationship between government debt and inflation. The ratio of debt-to-GDP makes it possible to compare relative debt levels across many different countries. CanadaPoli. Much like equity financing for businesses, it can be a way to leverage debt to enhance long-term growth. Its output is measured by gross domestic product. The debt to GDP ratio and other metrics often provide a more complete picture of a nation's actual economic health. As a result, China's debt-to-GDP ratio has soared. In fact, the ratio of total us debt to GDP peaked in 2009/Q1 around the 400% mark and has since steadily decreased. It is usually presented as a percentage of gross domestic product (GDP). These statistics show debt to GDP because that is the most meaningful way of examining the burden of the debt. 6 per cent from 158. Debt is a stock concept, while GDP is a flow. China Red Ponzi Debt to GDP Ratio 2017. The national debt (or government debt) of the People's Republic of China is the total amount of money owed by the government and all state organizations and government branches of China. 266% of total credit to GDP, some economists put that ratio at >300% today. 48% increase from 2014. 8% ownership of the U. China's credit-to-GDP ratio, updated (and why it matters) which show that the total stock of non-government and non-financial debt to nominal GDP continued to climb to new levels in Q1 (it. However, that ratio is the interplay between debt and income, so when the GDP raises, existing debt fall as a percentage of the national income. According to the budget estimates, the Sri Lankan government expects to reduce the budget deficit to 4. Suppose that in a hypothetical country with a currency called the ducat, debt is equal to 140 trillion ducats and GDP is equal to 100 trillion ducats. Real Time World Debt Clocks. China’s Monetary. 33 trillion yuan ($4. Bloomberg analysts expect China's debt-GDP ratio to surge over the next five years, exacerbating the risk of a financial crisis. 5 per cent of gross domestic product (GDP), the revenue-to-expenditure gap in India is one of the highest among major emerging markets. 6% in Q4 2018, still about twice the US ratio. 2%: #5 Belgium corporate debt-to-GDP ratio: 161. submitted 1 year ago by ninclud European Union. 80 percent of GDP in the second quarter of 2006. _ [Report No. government. However, recently the efficacy of government stimulus has been waning. If its stock and real estate markets completely melt down, then, China's negative net worth problem and associated debt-deflation -- its "great depression" -- could well make our own look like. "If for some reason, GDP growth rate falters, as is being argued by some rating agencies because of demonetisation," Singh said in an email, "then, certainly, the debt-GDP ratio would become. China’s total corporate, household and government debt rose to 303% of GDP in the first quarter of 2019, from 297% in the same period a year earlier, the IIF said in a report this week which. China's debt-to-GDP ratio rose to an all-time high at the end of March after reaching 248. To pay off their high national debt, Japanese people would owe $90,345 each. China debt/GDP is now > 300%. Other countries like Japan, for example, have a debt-to-GDP ratio of 250 percent. Comments: Recently Added Articles: Coronavirus Slams Chinese Economy. Information is provided ‘as is’ and solely for informational purposes, not for trading purposes or advice, and may be delayed. At around 7. 5 percent compared to 2017, a report by Israeli Ministry of Finance said on Monday. News outlets picked up a report from the Congressional Budget Office this week and reported that the United States’ debt levels are beginning to approach the historical all-time high debt to Gross Domestic Product(GDP) ratio. Suppose that in 2017, the government runs a deficit equal to 5. with the public debt to GDP ratio falling faster than IMF forecasts. This year, FY 2020, the gross federal debt is budgeted at $23. China's household debt to GDP ratio is updated yearly, available from Dec 2007 to Dec 2019. The ratio of total onshore and offshore debt to GDP in China has climbed to almost 250% from around 150% in 2009, writes Stephen Green, head of Greater China research at Standard Chartered, in a report. Central government debt, total (% of GDP). Under current policies, the debt-GDP ratio is expected to reach 80% in 2014 and 100% by 2021. Jim Rickards shows you how the coronavirus. Question: With a 300% debt/GDP ratio (more than the US), will China collapse soon? Why do some western companies still invest their money there?. No date was available from the Wikipedia article, so we used the date of retrieval. China’s debt surpasses 300 percent of GDP, IIF says, raising doubts over Yellen’s crisis remarks "The household debt-to-GDP ratio hit an all-time high of over 45 percent in the first. It's the speed at which it is changing, compared to the. The rate of economic growth is projected to be solid in 2015 and the next few years. On trailing 12-mo. 6 percent in 2018. Data are available for the following borrowing subsectors: general government, private non-financial sector (series on credit from domestic banks as lending sector are also available), non-financial corporations and households. Almost Daily Grant's “Almost Daily” is the end-of-day delectation from Grant’s. Bo Zhuang,. Since 2008, non-financial sector debt-to-GDP has risen at breakneck speed. The International Monetary Fund or IMF has praised India for using "the right policies" to lower its level of debt. It is a useful resource during valuation. The national debt is more controversial today than the future of America. Nations typically see growth slow when their debt levels reach 90 percent of gross domestic product. Were China to suddenly unload its reserve holdings, its currency's exchange rate would rise, making Chinese exports more expensive in foreign markets. With nominal GDP growth now running at about 8%, far outpaced by the growth in aggregate financing at about 11%, means that the debt-to-GDP ratio is bound to increase, according to Raymond Yeung. Debt-to-GDP Ratio: A Very Helpful Number. 150% ten years ago. Fig-ure 2 shows the increase of combined federal and provincial debt as a share of GDP between 2007/08 and 2013/14. 73 percentage points, the South China Morning Post reported May 30. 250% in the first quarter of 2016, coming from approx. 79 trillion. What are two ways the debt to GDP ratio can increase? No, currently the richest country is Russia, with a 10% GDP to debt ratio, with Saudi Arabia in 2nd and China in 3rd. 1% of GDP and 100. 60 percent of GDP in the second quarter of 2019 and a record low of 10. Gold, Bitcoin and Negative Yielding Debt 02/06/2020 Off. The figure below shows average increases in the debt-to-GDP ratio for the past 10 years. 2 trillion, an increase of US$26. Their debt is 2. Average gross domestic product (GDP) growth […]. Its output is measured by gross domestic product. 1 % in the previous year. However, that ratio is the interplay between debt and income, so when the GDP raises, existing debt fall as a percentage of the national income. China - Total debt: $1,437,800,000,000. For Russia, the gold-to-GDP ratio is a whopping 5. Select “scatter. Consumer Debt Levels Are Higher Than Output. China debt to gdp ratio for was 0. Central government debt, total (current LCU) Expense (% of GDP) Tax revenue (current LCU) Taxes on income, profits and capital gains (current LCU). Japan’s journey has its place, though. China's debt-to-GDP ratio, which measures the level of its indebtedness in relation to the size of its economy, jumped by 73% in the decade after 2008 as the government opened the lending taps to cushion the country from the impact of the global financial crisis. China’s debt-to-GDP ratio has risen 54 percentage points in the last five years. Bank capital to assets is the ratio of bank capital and reserves to total assets. Central government debt, total (% of GDP) International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates. -- both in 1928 and 2007. The ratio had. Thailand has had two periods this century when GDP did not increase year on year. Households Debt To GDP in China averaged 31. A higher, but still moderate, inflation rate will raise nominal GDP and lower the public debt-to-GDP ratio unless there is an actual increase in the government's gross liabilities. Japan's debt-to-GDP ratio is so large because its economic growth has largely stagnated over the past 20 years, beginning with the bursting of a real estate and stock market bubble in 1991. After a period of financial restraint, from mid 1990s, public sector debt as a % of GDP fell to 29% of GDP by 2002. economic output, or gross domestic product (GDP). Increase in GDP´s target is at 6. That is another 41. It's the speed at which it is changing, compared to the. The improvement is not just a reduction in energy per dollar of GDP but less energy in total as economic growth progresses. What may not be obvious, however, is that since 2009 the total debt outstanding in the US (including consumer, business, and government debt) has actually dropped when compared to GDP. Economists routinely emphasize the risks of excessive public borrowing, but tend to have a more benign view of private sector debt. At the same time, China’s GDP growth rate has declined from historic double digits to a more modest level of around 7. We also list all the important statistics such GDP, Unemployment, Inflation, and number of Economy Facts. 50 percent in 2018 and a record low of 20. 1 percentage points higher than the limit set by parliament and 20 percentage points higher than sustainable levels for developing countries like Pakistan. (Yicai Global) Aug. Suppose that in a hypothetical country with a currency called the ducat, debt is equal to 140 trillion ducats and GDP is equal to 100 trillion ducats. Debt-to-GDP Ratio: 179%; Population: 10. But China's debt ratio rose 5. Global debt has grown by $57 trillion and no major economy has decreased its debt-to-GDP ratio since 2007. , Japan, and EU nations) really going bankrupt?. Futurist, analyst, curator, Pakistan2050, business leadership, social media, C-Level coach, reformer, blogger, ceo Skill City. 60 percent of GDP in the second quarter of 2019 and a record low of 10. According to the budget estimates, the Sri Lankan government expects to reduce the budget deficit to 4. had a high level of external debt, although the Fed is now covertly monetizing much of the U. and Australia. As a result, China’s debt-to-GDP ratio has soared. It’s just a number that without knowing the details has no value. 7 percent, Xiao said, adding there won't be big changes in the ratio this year. 17% increase from 2015. 5% (China's ratio is an estimate because China is non-transparent about the amount of gold in its reserves. China's debt problem is set to get worse this year, predicted Morgan Stanley, but the good news is, it expects that the country will not fall back into the specter of the risky shadow banking. 2 percent ratios in Japan and Germany, respectively, whose GDP is similar to that of China. The debt-to-GDP ratio is the ratio of a country's public debt to its gross domestic product (GDP). Government or sovereign debt refers to the total amount owed by a country's government. As a result, China’s debt-to-GDP ratio has soared. However, that ratio is the interplay between debt and income, so when the GDP raises, existing debt fall as a percentage of the national income. However, the ratio of gross corporate debt to internal funds marginally outperforms the ratio of net corporate debt to internal funds when explaining the default rate. South Korea Debt-to-GDP Ratios Surpass Tipping Point South Korean households and businesses' debt ratios against gross domestic product were much higher than the tipping point. 's ratio was. 1 percent in 2008 to 47 percent in 2017. By James Rickards Posted February 21, 2020. Since 2008, non-financial sector debt-to-GDP has risen at breakneck speed. 2 trillion, or 4. 7% of the country’s gross domestic product (GDP), Finance Minister Xiao Jie said today at a press conference on the sidelines of the ongoing National People’s Congress, China. But the debt ratios kept rising, in part because primary balances are still negative and in part because the burden of interest is now larger. China’s debt-to-GDP ratio soared from 120 percent in 2007 to 253 percent in Q2 2018 (higher than the ratios in Germany and the United States). China debt-to-GDP ratio at 36. and Australia. New research shows that dust accounts for most of the 64 million tons of foreign aerosol imports that arrive in the air over North America each year. China: Household debt to GDP, in percent: For that indicator, The Bank for International Settlements provides data for China from 2006 to 2018. The reduction in the global debt ratio in 2017 that we wrote about in our last blog did not mark the beginning of a declining trend. South Korea Debt-to-GDP Ratios Surpass Tipping Point South Korean households and businesses' debt ratios against gross domestic product were much higher than the tipping point. 3 percent of its GDP at the end of 2014, which was well higher than 13 other emerging countries, including. China's debt levels pose stability risk, says IMF The credit-to-GDP ratio is now about 25% above the long-term trend, very high by international standards and consistent with a high. For example, if the Canadian economy grows by 3% in a year, and our debt grows by 1%, our debt-to-GDP ratio will improve. A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States. The institute expects "low interest rates and loose financial conditions," to push total global debt to exceed $257 trillion the the first quarter of 2020. China's Debt-to-GDP Ratio Just Climbed to a Record High China's debt is still growing faster than its economy While China's economic expansion beat analysts' forecasts in the second quarter, the country's debt levels increased at an even faster pace. China's unofficial debt to GDP ratio is 300%. debt to gdp ratio for 2016 was 99. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year. 3%, compared to 329. That includes borrowing by the government, banks, corporations, and households.