Private Credit-to-GDP Gap (Quarterly): China
The latest reading SOTW holds for China is -5.14 percentage points of GDP for 2026-Q1, from Bank for International Settlements.
Reviewed series · Credit & Debt · Quarterly · percentage points of GDP · BIS.CREDIT.GAP.Q · CHN
Published private credit-to-GDP ratio minus its one-sided Hodrick-Prescott-filtered long-run trend. Displayed in percentage points of GDP, not a percentage growth rate. BIS gaps can differ from national authorities' countercyclical-buffer gaps. This statistical measure alone is not a crisis prediction or investment recommendation. BIS statistics are freely sourced and their inclusion must not result in any additional charge to users. BIS attribution is required; resale is not permitted by SOTW's rights policy. Collection time is not the original publication timestamp. Source dimensions, unit multipliers, confidentiality and observation flags are retained. Terms: https://data.bis.org/help/legal
This is a reviewed series. Open it in the interactive economic data explorer to choose dates, compare countries and see its source evidence and recorded history.
- Latest
- -5.14
- percentage points of GDP · 2026-Q1
- Previous
- -7.69
- percentage points of GDP · 2025-Q4
- Earliest held
- 14.54
- percentage points of GDP · 2000-Q1
- Readings shown
- 105
- Every reading SOTW holds
China · history
percentage points of GDP · Quarterly
Readings, newest first
| Period | Value (percentage points of GDP) |
|---|---|
| 2026-Q1 | -5.14 |
| 2025-Q4 | -7.69 |
| 2025-Q3 | -6.39 |
| 2025-Q2 | -5.30 |
| 2025-Q1 | -4.43 |
| 2024-Q4 | -7.58 |
| 2024-Q3 | -5.94 |
| 2024-Q2 | -5.64 |
| 2024-Q1 | -4.95 |
| 2023-Q4 | -9.31 |
| 2023-Q3 | -7.69 |
| 2023-Q2 | -7.48 |
| 2023-Q1 | -7.02 |
| 2022-Q4 | -12.16 |
| 2022-Q3 | -11.27 |
| 2022-Q2 | -11.07 |
| 2022-Q1 | -12.20 |
| 2021-Q4 | -14.68 |
| 2021-Q3 | -11.22 |
| 2021-Q2 | -8.55 |
| 2021-Q1 | -5.02 |
| 2020-Q4 | -1.70 |
| 2020-Q3 | 1.82 |
| 2020-Q2 | 2.36 |
| 2020-Q1 | -0.51 |
| 2019-Q4 | -8.75 |
| 2019-Q3 | -7.61 |
| 2019-Q2 | -6.82 |
| 2019-Q1 | -5.52 |
| 2018-Q4 | -7.60 |
| 2018-Q3 | -4.89 |
| 2018-Q2 | -1.97 |
| 2018-Q1 | 1.10 |
| 2017-Q4 | 2.39 |
| 2017-Q3 | 6.47 |
| 2017-Q2 | 9.97 |
| 2017-Q1 | 14.29 |
| 2016-Q4 | 15.88 |
| 2016-Q3 | 18.42 |
| 2016-Q2 | 21.84 |
| 2016-Q1 | 25.46 |
| 2015-Q4 | 23.92 |
| 2015-Q3 | 21.80 |
| 2015-Q2 | 20.96 |
| 2015-Q1 | 20.51 |
| 2014-Q4 | 18.63 |
| 2014-Q3 | 18.87 |
| 2014-Q2 | 20.44 |
| 2014-Q1 | 19.39 |
| 2013-Q4 | 17.16 |
| 2013-Q3 | 18.29 |
| 2013-Q2 | 17.33 |
| 2013-Q1 | 16.21 |
| 2012-Q4 | 12.19 |
| 2012-Q3 | 10.92 |
| 2012-Q2 | 9.03 |
| 2012-Q1 | 7.78 |
| 2011-Q4 | 5.85 |
| 2011-Q3 | 5.89 |
| 2011-Q2 | 8.32 |
| 2011-Q1 | 9.70 |
| 2010-Q4 | 10.63 |
| 2010-Q3 | 12.45 |
| 2010-Q2 | 13.94 |
| 2010-Q1 | 13.43 |
| 2009-Q4 | 11.94 |
| 2009-Q3 | 11.72 |
| 2009-Q2 | 8.80 |
| 2009-Q1 | 0.84 |
| 2008-Q4 | -10.68 |
| 2008-Q3 | -10.24 |
| 2008-Q2 | -9.72 |
| 2008-Q1 | -8.87 |
| 2007-Q4 | -9.19 |
| 2007-Q3 | -6.18 |
| 2007-Q2 | -5.06 |
| 2007-Q1 | -5.21 |
| 2006-Q4 | -6.41 |
| 2006-Q3 | -4.17 |
| 2006-Q2 | -2.46 |
| 2006-Q1 | -2.83 |
| 2005-Q4 | -5.49 |
| 2005-Q3 | -3.45 |
| 2005-Q2 | -2.14 |
| 2005-Q1 | 1.47 |
| 2004-Q4 | 3.55 |
| 2004-Q3 | 5.82 |
| 2004-Q2 | 9.06 |
| 2004-Q1 | 13.78 |
| 2003-Q4 | 12.47 |
| 2003-Q3 | 15.41 |
| 2003-Q2 | 15.12 |
| 2003-Q1 | 11.59 |
| 2002-Q4 | 10.09 |
| 2002-Q3 | 10.08 |
| 2002-Q2 | 9.53 |
| 2002-Q1 | 8.40 |
| 2001-Q4 | 1.25 |
| 2001-Q3 | 1.20 |
| 2001-Q2 | 2.21 |
| 2001-Q1 | 1.37 |
| 2000-Q4 | 11.25 |
| 2000-Q3 | 9.96 |
| 2000-Q2 | 10.08 |
| 2000-Q1 | 14.54 |
Source: Bank for International Settlements. All 105 readings held, 2000-Q1 to 2026-Q1. n/a means the source value is missing or withheld.