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Interest Payments on Government Debt (Local Currency) in China

Source: World Bank
Last Updated: July 1, 2023

Interest payments on government debt reached CNY 559 bil in 2020 in China, according to the National Statistical Office. This is 21.2% more than in the previous year.

Historically, interest payments on government debt in China reached an all time high of CNY 559 bil in 2020 and an all time low of CNY 81.5 bil in 2005.

China has been ranked 19th within the group of 111 countries we follow in terms of interest payments on government debt.

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