Bank assets as a share of GDP reached 320 % in 2017 in China, according to the National Central Bank. This is 3.63 % more than in the previous year.
Historically, bank assets as a share of GDP in China reached an all time high of 320 % in 2017 and an all time low of % in. When compared to China's main peers, bank assets as a share of GDP in India amounted to 88.3 %, 201 % in Japan, 84.6 % in Russia and 90.5 % in USA in 2017.
China has been ranked 9th within the group of 132 countries we follow in terms of bank assets as a share of GDP, 12 places above the position seen 10 years ago.
Banking assets are everything that a bank owns, including loans, securities, and physical assets such as buildings.