Private Sector Credit Statistics in China (2026)
According to World Bank World Development Indicators data, domestic credit to the private sector in China came to 194.2% of GDP in 2024. Up from 189.6% of GDP in 2023 to 194.2% of GDP in 2024 (+4.6 percentage points). China ranks #3 of 25 economies in East Asia & Pacific on this measure, and #4 of 160 globally.
Key Statistics
- Latest value (2024)
- 194.2% of GDP (2024)
- Private Sector Credit in China as of 2024, the most recent observation in World Bank World Development Indicators data.
- Change since 2023
- +4.6 pp (2024)
- Up from 189.6% of GDP in 2023 to 194.2% of GDP in 2024 (+4.6 percentage points).
- Earliest value in this dataset (1990)
- 86% of GDP (1990)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 86% of GDP in 1990 to 194.2% of GDP in 2024.
- Record high (2024)
- 194.2% of GDP (2024)
- The 2024 value is the highest in the available World Bank World Development Indicators series for China.
- Rank in East Asia & Pacific
- #3 of 25 (2024)
- China ranks 3 of 25 countries in East Asia & Pacific with data, based on each country's latest value.
- Global rank
- #4 of 160 (2024)
- China ranks 4 of 160 countries with data globally.
- East Asia & Pacific average
- 96.2% of GDP (2024)
- China (194.2% of GDP) is above the average of 96.2% of GDP across the 25 countries in East Asia & Pacific with data.
- Domestic credit to private sector by banks (% of GDP) (2024)
- 194.2% (2024)
- Related indicator from World Bank World Development Indicators.
- Outstanding loans from commercial banks, percent of GDP (2024)
- 133.8% (2024)
- Related indicator from IMF Financial Access Survey (alternative source for cross-checking; not merged with the main series).
- Internet use in China (2025)
- 91.6% (2025)
- 91.6% of the population in China used the internet in 2025 (World Bank); shown for context only.
- Population (2024)
- 1.4 billion (2024)
- China had a population of 1.4 billion in 2024 (World Bank); shown for scale only.
Trend, 1990–2024
| Year | % of GDP | Change |
|---|---|---|
| 2024 | 194.2% | +4.6 pp |
| 2023 | 189.6% | +7.8 pp |
| 2022 | 181.8% | +8.2 pp |
| 2021 | 173.6% | −5.5 pp |
| 2020 | 179.1% | +16.9 pp |
| 2019 | 162.2% | +7.2 pp |
| 2018 | 155% | +2.9 pp |
| 2017 | 152.1% | −1.1 pp |
| 2016 | 153.2% | +3.6 pp |
| 2015 | 149.6% | +12.0 pp |
| 2014 | 137.6% | +5.7 pp |
| 2013 | 131.9% | +5.1 pp |
| 2012 | 126.8% | +5.7 pp |
| 2011 | 121.2% | −3.3 pp |
| 2010 | 124.4% | +2.1 pp |
| 2009 | 122.3% | +21.9 pp |
| 2008 | 100.4% | −3.8 pp |
| 2007 | 104.2% | −3.4 pp |
| 2006 | 107.6% | −2.7 pp |
| 2005 | 110.3% | −6.6 pp |
| 2004 | 116.9% | −7.0 pp |
| 2003 | 123.9% | +7.9 pp |
| 2002 | 116% | +7.2 pp |
| 2001 | 108.8% | −1.2 pp |
| 2000 | 110% | +0.6 pp |
| 1999 | 109.4% | +5.0 pp |
| 1998 | 104.4% | +8.3 pp |
| 1997 | 96.1% | +7.1 pp |
| 1996 | 89% | +5.2 pp |
| 1995 | 83.8% | −1.7 pp |
| 1994 | 85.5% | −11.0 pp |
| 1993 | 96.5% | +10.5 pp |
| 1992 | 86.1% | −2.0 pp |
| 1991 | 88.1% | +2.1 pp |
| 1990 | 86% | — |
Frequently asked questions
What is the latest figure for domestic credit to the private sector in China?
Domestic credit to the private sector in China stood at 194.2% of GDP in 2024, according to World Bank World Development Indicators data.
How has private sector credit in China changed over time?
World Bank World Development Indicators data show a rise from 86% of GDP in 1990 to 194.2% of GDP in 2024.
How does China compare with other countries in East Asia & Pacific?
China ranks 3 of 25 countries in East Asia & Pacific with data, with 194.2% of GDP versus a regional average of 96.2% of GDP (latest values per country).
Where does China rank globally on private sector credit?
China ranks 4 of 160 countries with data globally, based on the latest World Bank World Development Indicators value for each country.
How recent is the private sector credit data for China?
The most recent observation is from 2024. World Bank World Development Indicators data is reported with a lag, so 2024 is the latest available year for China.
Source & methodology
Source: World Bank, World Development Indicators, indicator
FS.AST.PRVT.GD.ZS, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .