The data displays national debt in China related to gross domestic product until 2017, with forecasts to 2023. In 2017, gross national debt ranged at 47.8% of the national gross domestic product.
Debt-to-GDP ratio – additional information
In economics, the ratio between a country’s government debt and its gross domestic product is generally defined as the debt-to-GDP ratio. It is a useful indicator for investors to measure a country’s ability to fulfill future payments on its debts. A low debt-to-GDP ratio also suggests that an economy produces and sells a sufficient amount of goods and services to pay back those debts.
