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China Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) 2026: Interactive Chart & Historical Data

Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) in China stood at $92.84 billion in 2025, according to World Bank. The latest value is up 17% from $79.27 billion in 2024. Ten years earlier, in 2015, the value was $34.62 billion (up 168% since). The highest value since 1981 was $118.8 billion in 2023, the lowest $1.722 billion in 1981. China had the highest value of the 122 countries in this dataset in 2025.

Data source: World Bank · Unit: USD · Category: Financial Markets · Explore more indicators on EconDash

Data updated:Last checked:Frequency:AnnualCoverage:1970–2025
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What is Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$)?

Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$), measured in USD, measures the government's fiscal obligations and borrowing levels in China, serving as a critical indicator of fiscal sustainability, creditworthiness, and the capacity to finance public services and respond to crises. Government debt accumulates when spending exceeds revenues over time, requiring borrowing from domestic and international creditors through bond issuance. In China, Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) is typically expressed as a percentage of GDP to account for the economy's capacity to service the debt — a country with larger economic output can sustain higher debt levels than a smaller economy. Key considerations include debt composition (domestic vs foreign currency, short vs long-term), interest rates, and who holds the debt (domestic investors, foreign governments, central banks). Sustainable debt levels vary by country depending on institutional strength, growth prospects, and investor confidence, but ratios above 90-100% of GDP often raise concerns among credit rating agencies.

Key facts

What is the latest Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) in China?

Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) in China stood at $92.84 billion in 2025, according to World Bank.

Is Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) in China rising or falling?

The latest value is up 17% from $79.27 billion in 2024. Ten years earlier, in 2015, the value was $34.62 billion (up 168% since).

How does China rank for Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$)?

China had the highest value of the 122 countries in this dataset in 2025.

What is the highest Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) on record in China?

The highest value since 1981 was $118.8 billion in 2023, the lowest $1.722 billion in 1981.

Metadata for Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) in China
IndicatorDebt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$)
CountryChina
CategoryFinancial Markets
UnitUSD
SourceWorld Bank
Interactive chartView on EconDash
API accessEconDash API documentation

Current level: $92.84 billion (2025)

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Source:World Bank — series DT.TDS.DPPG.CD
License:CC BY 4.0
Cite this chart
APA

World Bank. (2026). Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) — China [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/wdi-dt-tds-dppg-cd/CHN. Original source: https://data.worldbank.org/indicator/DT.TDS.DPPG.CD?locations=CN

MLA

World Bank. "Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) — China." EconDash, 2026, https://econdash.org/chart/wdi-dt-tds-dppg-cd/CHN. Accessed 13 Nov. 2026. Original source: https://data.worldbank.org/indicator/DT.TDS.DPPG.CD?locations=CN.

Chicago

World Bank. 2026. "Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) — China." EconDash. Accessed November 13, 2026. https://econdash.org/chart/wdi-dt-tds-dppg-cd/CHN. Original source: https://data.worldbank.org/indicator/DT.TDS.DPPG.CD?locations=CN.

BibTeX
@misc{econdash_wdi_dt_tds_dppg_cd_chn,
  author = {{World Bank}},
  title = {{Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US\$) --- China}},
  howpublished = {EconDash},
  year = {2026},
  url = {https://econdash.org/chart/wdi-dt-tds-dppg-cd/CHN},
  note = {Accessed: 2026-11-13. Original source: https://data.worldbank.org/indicator/DT.TDS.DPPG.CD?locations=CN}
}