Bank loans as a share of GDP reached 160 % in 2017 in China, according to the National Central Bank. This is 2.37 % more than in the previous year.
Historically, bank loans as a share of GDP in China reached an all time high of 160 % in 2017 and an all time low of 66.9 % in 1987. When compared to China's main peers, bank loans as a share of GDP in India amounted to 52.7 %, 91.9 % in Japan, 52.7 % in Russia and 50.6 % in USA in 2017.
China has been ranked 9th within the group of 108 countries we follow in terms of bank loans as a share of GDP, 12 places above the position seen 10 years ago.
A bank loan is a type of debt.