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Total credit to the non‑financial sector in China from 2000 to 2024

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Source

Release date

June 2025

Region

China

Survey time period

2000 to 2024

Supplementary notes

One yuan equals approximately 0.14 U.S. dollars and 0.12 euros (as of July 2025).

Figures do not include financial sector debt.

Values are core credit, and capture the outstanding amount of credit at the end of each year. In terms of financial instruments, credit covers the core debt, defined as loans, debt securities and currency & deposits.

In 2024, BIS re-estimated total credit to non-financial corporations for China to remove LGFVs (Local Government Financing Vehicles) included under government sector. As a result, the figure for total credit to the non‑financial sector in 2022 has been revised fom 359.61 trillion yuan to 326.83 trillion yuan. 

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Total debt of the non-financial sector in China 2000-2024

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