China

The China pages use Ministry of Finance and National Bureau of Statistics releases as primary sources, then attach IMF or World Bank links only for comparison context. Hidden local debt and LGFV estimates are not merged into the headline series.

MetricPrimaryAs ofSupporting
nationalDebtChina MOF 2025 Central + Local Government Debt Final Accounts2025-12-31IMF Global Debt Database
gdpChina NBS 2025 GDP (preliminary)2025-12-31World Bank GDP (current LCU)
populationChina NBS End-2025 Population2025-12-31World Bank population, total
householdDebtPBOC Household Loan Outstanding (total)2025-12-31—
mortgageDebtPBOC Personal Mortgage Loan Outstanding2025-12-31—
creditCardDebtPBOC Credit Card Outstanding2025-12-31—
govRevenueChina MOF 2025 General Public Budget Revenue2025-12-31—
govSpendingChina MOF 2025 General Public Budget Expenditure2025-12-31—
exportsChina GACC Annual Exports (2024)2025-12-31—
importsChina GACC Annual Imports (2024)2025-12-31—
currentAccountChina SAFE Balance of Payments — Current Account (2024)2025-12-31—
foreignReservesChina SAFE FX Reserves (USD ≈ 3.4T)2025-12-31—
externalDebtChina SAFE External Debt (USD ≈ 2.45T)2025-12-31—
unemploymentRateChina NBS Urban Surveyed Unemployment Rate (2024 avg)2025-12-31—
inflationRateChina NBS Consumer Price Index (2024 annual avg)2025-12-31—
interestRatePBOC 1Y Loan Prime Rate (end-2025)2026-07-14—
exchangeRatePBOC USD/CNY Central Parity (2025-12 ballpark)2026-07-14—
debtPerCitizenDerived (computed from base series)2025-12-31—
householdDebtPerCitizenDerived (computed from base series)2025-12-31—
debtToGDPDerived (computed from base series)2025-12-31—
fiscalBalanceDerived (computed from base series)2025-12-31—
tradeBalanceDerived (computed from base series)2025-12-31—

How to read this table

For the China pages the primary sources are Ministry of Finance accounts and the National Bureau of Statistics. IMF and World Bank material is cited only as secondary, when international comparison is being attached. This distinction matters especially here because institutions draw the perimeter of Chinese debt differently. Augmented estimates that include local government financing vehicles are never merged into the headline figure; they appear only as a separate series.

Release schedules also differ by series. Ministry of Finance accounts are finalised annually, National Bureau of Statistics GDP is quarterly, and population is an annual estimate. A ratio to GDP can therefore rest on different base dates for numerator and denominator, and both may be revised together at the next official release. When the figure on screen shifts abruptly, that revision is usually why.

When citing, always state whether the figure is on the official or the augmented basis. Augmented measures are estimates and differ between institutions, so a reproducible citation has to name whose estimate it is. Following the links in the table to the original release is the surest route.