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The national debt [note 1] (or government debt) of the People's Republic of China is the total amount of money owed by the central government, local governments, government branches and state organizations of China. According to the International Monetary Fund, general government debt amounted to 77% of GDP in 2022. [1]
(November 2024) This is a list of countries by estimated future gross [ clarification needed ] central government debt based on data released in October 2020 by the International Monetary Fund , with figures in percentage of national GDP .
[1]: 81 A debt instrument is a financial claim that requires payment of interest and/or principal by the debtor to the creditor in the future. Examples include debt securities (such as bonds and bills), loans, and government employee pension obligations. [1]: 207 Net debt equals gross debt minus financial assets that are debt instruments.
Last year, China also set an “around 5%” target, in what was then the country’s lowest numerical target announced in decades. Earlier this year, it said economic growth had reached 5.2% in 2023.
This is an alphabetical list of countries by past and projected Gross Domestic Product, based on the Purchasing Power Parity (PPP) methodology, not on market exchange rates. These figures have been taken from the International Monetary Fund's World Economic Outlook (WEO) Database, October 2024 Edition. [1]
Just one quarter-percent rate cut by the end of 2024. However, eight of the 19 voting members anticipate two rate cuts, while four don't expect any. Four rate cuts (a total of 1 percentage point ...
According to the International Monetary Fund, China has nearly doubled its level of debt over the past five years to about 66 trillion yuan ($9.3 trillion)—equivalent to more than half of the ...
Their analysis suggests that China’s economic growth has been systematically overstated in recent years due to structural issues and "authority bias" in official data. [134] According to Rhodium's estimates, actual GDP growth in 2024 ranged between 2.4% and 2.8%, significantly lower than the official claim of 4.8%.