China Household Debt: % of GDP

Key information about China Household Debt: % of GDP

• China household debt accounted for 60.4 % of the country's Nominal GDP in Sep 2025, compared with the ratio of 61.0 % in the previous quarter.
• China household debt to GDP ratio is updated quarterly, available from Mar 2007 to Sep 2025.
• The data reached an all-time high of 62.3 % in Mar 2024 and a record low of 17.6 % in Dec 2008.

CEIC calculates quarterly Household Debt as % of Nominal GDP from monthly Household Debt and quarterly Nominal GDP. The People's Bank of China provides Household Debt in local currency. The National Bureau of Statistics provides year-to-date Nominal GDP in local currency. Loans are used due to the lack of Flow of Funds statistics.


Related information about China Household Debt: % of GDP

• In the latest reports, China Household Debt reached 11,742.4 USD bn in Oct 2025.
• Money Supply M2 in China increased 8.2 % YoY in Oct 2025.
• China Foreign Exchange Reserves was measured at 3,343.3 USD bn in Oct 2025.
• The Foreign Exchange Reserves equaled 15.5 Months of Import in Oct 2025.
• China Domestic Credit reached 52,818.4 USD bn in Oct 2025, representing an increased of 7.9 % YoY.
• The country's Non Performing Loans Ratio stood at 1.5 % in Sep 2025, compared with the ratio of 1.5 % in the previous quarter.

View China's Household Debt: % of GDP from Mar 2007 to Sep 2025 in the chart:

What was China's Household Debt: % of GDP in Sep 2025?

China household debt accounted for 60.4 % of the country's Nominal GDP in Sep 2025, compared with the ratio of 61.0 % in the previous quarter. See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
60.4 Sep 2025	61.0 Jun 2025	17.6 Dec 2008	62.3 Mar 2024	%	quarterly	Mar 2007 - Sep 2025

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