U.S. ECONOMY & MARKETS27 Oct 2026 · 00:36 UTC

INDICATOR DETAIL

Credit to the private non-financial sector, percent of GDP (China)

204.1percent_of_gdp
ValidPeriod ending 31 Mar 2026Available 22 Oct 2026 · 20:24 UTC

Credit to the private non-financial sector, percent of GDP (China)

History

162 readings.

All retained dates

Dates refer to the economic period ending and apply to all charts below. Leave a date blank for an open range.

Published metric history, percent_of_gdp162 observed values from 1985-12-31 to 2026-03-31. Horizontal position follows economic dates. Lines stop at explicitly missing source periods. Recent exact values follow in the table; all retained readings are available through the pinned JSON query.501001502001985-12-31: 62.4 percent_of_gdp1986-03-31: 61.5 percent_of_gdp1986-06-30: 63.1 percent_of_gdp1986-09-30: 64.2 percent_of_gdp1986-12-31: 71.7 percent_of_gdp1987-03-31: 71.9 percent_of_gdp1987-06-30: 72.9 percent_of_gdp1987-09-30: 73.8 percent_of_gdp1987-12-31: 72.8 percent_of_gdp1988-03-31: 71.3 percent_of_gdp1988-06-30: 72 percent_of_gdp1988-09-30: 71 percent_of_gdp1988-12-31: 69.2 percent_of_gdp1989-03-31: 67.3 percent_of_gdp1989-06-30: 66.7 percent_of_gdp1989-09-30: 67.4 percent_of_gdp1989-12-31: 72.6 percent_of_gdp1990-03-31: 73.4 percent_of_gdp1990-06-30: 75.8 percent_of_gdp1990-09-30: 79 percent_of_gdp1990-12-31: 81.4 percent_of_gdp1991-03-31: 80.4 percent_of_gdp1991-06-30: 80.2 percent_of_gdp1991-09-30: 81.5 percent_of_gdp1991-12-31: 82.7 percent_of_gdp1992-03-31: 79.3 percent_of_gdp1992-06-30: 78.5 percent_of_gdp1992-09-30: 75.8 percent_of_gdp1992-12-31: 80.1 percent_of_gdp1993-03-31: 83.5 percent_of_gdp1993-06-30: 82.1 percent_of_gdp1993-09-30: 79.7 percent_of_gdp1993-12-31: 82.3 percent_of_gdp1994-03-31: 79.5 percent_of_gdp1994-06-30: 78 percent_of_gdp1994-09-30: 76.3 percent_of_gdp1994-12-31: 75.8 percent_of_gdp1995-03-31: 74 percent_of_gdp1995-06-30: 72.3 percent_of_gdp1995-09-30: 72 percent_of_gdp1995-12-31: 74.9 percent_of_gdp1996-03-31: 73.8 percent_of_gdp1996-06-30: 75.9 percent_of_gdp1996-09-30: 75.3 percent_of_gdp1996-12-31: 77.5 percent_of_gdp1997-03-31: 80.4 percent_of_gdp1997-06-30: 80.7 percent_of_gdp1997-09-30: 81.8 percent_of_gdp1997-12-31: 84.5 percent_of_gdp1998-03-31: 83.9 percent_of_gdp1998-06-30: 85.4 percent_of_gdp1998-09-30: 88.6 percent_of_gdp1998-12-31: 90.7 percent_of_gdp1999-03-31: 90.8 percent_of_gdp1999-06-30: 92.1 percent_of_gdp1999-09-30: 93.6 percent_of_gdp1999-12-31: 104.3 percent_of_gdp2000-03-31: 104.1 percent_of_gdp2000-06-30: 100.8 percent_of_gdp2000-09-30: 101.9 percent_of_gdp2000-12-31: 104.5 percent_of_gdp2001-03-31: 95.2 percent_of_gdp2001-06-30: 96.7 percent_of_gdp2001-09-30: 96.3 percent_of_gdp2001-12-31: 96.9 percent_of_gdp2002-03-31: 105.2 percent_of_gdp2002-06-30: 107.5 percent_of_gdp2002-09-30: 109.2 percent_of_gdp2002-12-31: 110.5 percent_of_gdp2003-03-31: 113.3 percent_of_gdp2003-06-30: 118.5 percent_of_gdp2003-09-30: 120.4 percent_of_gdp2003-12-31: 119 percent_of_gdp2004-03-31: 121.8 percent_of_gdp2004-06-30: 118.4 percent_of_gdp2004-09-30: 116.3 percent_of_gdp2004-12-31: 114.9 percent_of_gdp2005-03-31: 113.7 percent_of_gdp2005-06-30: 110.7 percent_of_gdp2005-09-30: 109.9 percent_of_gdp2005-12-31: 108.3 percent_of_gdp2006-03-31: 111.5 percent_of_gdp2006-06-30: 112.4 percent_of_gdp2006-09-30: 111.2 percent_of_gdp2006-12-31: 109.2 percent_of_gdp2007-03-31: 110.8 percent_of_gdp2007-06-30: 111.3 percent_of_gdp2007-09-30: 110.5 percent_of_gdp2007-12-31: 107.6 percent_of_gdp2008-03-31: 108.1 percent_of_gdp2008-06-30: 107.3 percent_of_gdp2008-09-30: 106.8 percent_of_gdp2008-12-31: 106.3 percent_of_gdp2009-03-31: 118.5 percent_of_gdp2009-06-30: 127.5 percent_of_gdp2009-09-30: 131.7 percent_of_gdp2009-12-31: 133.3 percent_of_gdp2010-03-31: 136.2 percent_of_gdp2010-06-30: 138.2 percent_of_gdp2010-09-30: 138.1 percent_of_gdp2010-12-31: 137.6 percent_of_gdp2011-03-31: 138 percent_of_gdp2011-06-30: 137.8 percent_of_gdp2011-09-30: 136.5 percent_of_gdp2011-12-31: 137.6 percent_of_gdp2012-03-31: 140.7 percent_of_gdp2012-06-30: 143.3 percent_of_gdp2012-09-30: 146.6 percent_of_gdp2012-12-31: 149.4 percent_of_gdp2013-03-31: 155.2 percent_of_gdp2013-06-30: 158.2 percent_of_gdp2013-09-30: 161.1 percent_of_gdp2013-12-31: 161.9 percent_of_gdp2014-03-31: 166.2 percent_of_gdp2014-06-30: 169.4 percent_of_gdp2014-09-30: 170 percent_of_gdp2014-12-31: 171.9 percent_of_gdp2015-03-31: 176 percent_of_gdp2015-06-30: 178.8 percent_of_gdp2015-09-30: 182 percent_of_gdp2015-12-31: 186.7 percent_of_gdp2016-03-31: 190.9 percent_of_gdp2016-06-30: 189.8 percent_of_gdp2016-09-30: 188.8 percent_of_gdp2016-12-31: 188.5 percent_of_gdp2017-03-31: 189.1 percent_of_gdp2017-06-30: 186.7 percent_of_gdp2017-09-30: 185 percent_of_gdp2017-12-31: 182.4 percent_of_gdp2018-03-31: 182.6 percent_of_gdp2018-06-30: 180.8 percent_of_gdp2018-09-30: 179 percent_of_gdp2018-12-31: 177.3 percent_of_gdp2019-03-31: 180.4 percent_of_gdp2019-06-30: 180.1 percent_of_gdp2019-09-30: 180.2 percent_of_gdp2019-12-31: 179.9 percent_of_gdp2020-03-31: 189.5 percent_of_gdp2020-06-30: 193.8 percent_of_gdp2020-09-30: 194.7 percent_of_gdp2020-12-31: 192.4 percent_of_gdp2021-03-31: 190.2 percent_of_gdp2021-06-30: 187.5 percent_of_gdp2021-09-30: 185.5 percent_of_gdp2021-12-31: 182.5 percent_of_gdp2022-03-31: 185.5 percent_of_gdp2022-06-30: 187.3 percent_of_gdp2022-09-30: 187.6 percent_of_gdp2022-12-31: 187.3 percent_of_gdp2023-03-31: 193.2 percent_of_gdp2023-06-30: 193.5 percent_of_gdp2023-09-30: 194 percent_of_gdp2023-12-31: 193 percent_of_gdp2024-03-31: 198.2 percent_of_gdp2024-06-30: 198.4 percent_of_gdp2024-09-30: 198.8 percent_of_gdp2024-12-31: 197.9 percent_of_gdp2025-03-31: 201.9 percent_of_gdp2025-06-30: 201.8 percent_of_gdp2025-09-30: 201.5 percent_of_gdp2025-12-31: 200.8 percent_of_gdp2026-03-31: 204.1 percent_of_gdp31 Dec 198514 Feb 200631 Mar 2026

Showing periods 1–162 of 162 in this date range. Each chart page contains at most 180 original periods; values are not downsampled. All retained snapshot-selected periods are available.

Uses the data available in this saved assessment; later revisions may change historical values. This reconstructed chart does not show what was known on each historical date. Missing source periods break the line; unavailable metric values are omitted. Quality is evaluated at the assessment date.

Exact values · final 12 periods in this chart window
Exact plotted metric readings
Economic periodValueUnitQuality
30 Jun 2023193.5percent_of_gdpValid
30 Sep 2023194percent_of_gdpValid
31 Dec 2023193percent_of_gdpValid
31 Mar 2024198.2percent_of_gdpValid
30 Jun 2024198.4percent_of_gdpValid
30 Sep 2024198.8percent_of_gdpValid
31 Dec 2024197.9percent_of_gdpValid
31 Mar 2025201.9percent_of_gdpValid
30 Jun 2025201.8percent_of_gdpValid
30 Sep 2025201.5percent_of_gdpValid
31 Dec 2025200.8percent_of_gdpValid
31 Mar 2026204.1percent_of_gdpValid
Method, sources and timing

Economic period & freshness

Calculation uses the latest completed observation available at evaluation time, with its actual economic period and original availability. An older period contributes to assessment only within the configured source-age limit. Newly observed missing or invalid evidence is not replaced with an earlier value. Source status uses economic-age thresholds, not a release calendar; no future release time is inferred.

Source timing diagnostics
InputLatest source periodObservation ageAvailable to ECO ISource status
Cn private credit to gdp31 Mar 2026210 days22 Oct 2026 · 20:24 UTCCurrent
THE PUBLISHED TRANSFORMOutput the latest original published value for its native economic period.

Credit from all lenders to households, non-profit institutions and non-financial corporations at market value, as a percentage of GDP, adjusted by BIS for statistical breaks. A level, not a rate of change. The three-year change, not the level, carries the published crisis signal, and a high ratio can persist for decades. Publication trails the quarter by about five to six months and revises earlier quarters; availability is the first retrieval, so the replay applies the usual lag instead. China's series starts in 1985 and covers bank and non-bank lending reported to the BIS; official data quality limits apply.

Definition 11.0.0 · cn_private_credit_to_gdp
VALIDATION MATURITY

Research informed

Credit to the private non-financial sector and its gap to trend: the best-documented early indicator of financial crises (Basel III buffer guide; Greenwood, Hanson, Shleifer and Sorensen).

Published official-source context; the complete assessment and these supplementary growth/capacity interpretations are not established as calibrated crisis forecasts.

Canonical source observations
Period endingSource valueUnitQualityAvailable to ECO I
30 Jun 2024198.4percent_of_gdpValid22 Oct 2026 · 20:24 UTC
30 Sep 2024198.8percent_of_gdpValid22 Oct 2026 · 20:24 UTC
31 Dec 2024197.9percent_of_gdpValid22 Oct 2026 · 20:24 UTC
31 Mar 2025201.9percent_of_gdpValid22 Oct 2026 · 20:24 UTC
30 Jun 2025201.8percent_of_gdpValid22 Oct 2026 · 20:24 UTC
30 Sep 2025201.5percent_of_gdpValid22 Oct 2026 · 20:24 UTC
31 Dec 2025200.8percent_of_gdpValid22 Oct 2026 · 20:24 UTC
31 Mar 2026204.1percent_of_gdpValid22 Oct 2026 · 20:24 UTC

Original BIS credit statistics CSV · 97a755c697f5… ↗

Showing 1 of 1 retained source files. All retained source file hashes (JSON) ↗

Source: BIS total credit and credit-to-GDP gap statistics; no BIS endorsement. Free statistical reuse with attribution under BIS permitted-use terms. File hashes identify the exact retrieved bytes; these are not historical point-in-time vintages.

Chart source observations · 162 periods in this windowCanonical source observations, percent_of_gdp162 observed values from 1985-12-31 to 2026-03-31. Horizontal position follows economic dates. Lines stop at explicitly missing source periods. Recent exact values follow in the table; all retained readings are available through the pinned JSON query.501001502001985-12-31: 62.4 percent_of_gdp1986-03-31: 61.5 percent_of_gdp1986-06-30: 63.1 percent_of_gdp1986-09-30: 64.2 percent_of_gdp1986-12-31: 71.7 percent_of_gdp1987-03-31: 71.9 percent_of_gdp1987-06-30: 72.9 percent_of_gdp1987-09-30: 73.8 percent_of_gdp1987-12-31: 72.8 percent_of_gdp1988-03-31: 71.3 percent_of_gdp1988-06-30: 72 percent_of_gdp1988-09-30: 71 percent_of_gdp1988-12-31: 69.2 percent_of_gdp1989-03-31: 67.3 percent_of_gdp1989-06-30: 66.7 percent_of_gdp1989-09-30: 67.4 percent_of_gdp1989-12-31: 72.6 percent_of_gdp1990-03-31: 73.4 percent_of_gdp1990-06-30: 75.8 percent_of_gdp1990-09-30: 79 percent_of_gdp1990-12-31: 81.4 percent_of_gdp1991-03-31: 80.4 percent_of_gdp1991-06-30: 80.2 percent_of_gdp1991-09-30: 81.5 percent_of_gdp1991-12-31: 82.7 percent_of_gdp1992-03-31: 79.3 percent_of_gdp1992-06-30: 78.5 percent_of_gdp1992-09-30: 75.8 percent_of_gdp1992-12-31: 80.1 percent_of_gdp1993-03-31: 83.5 percent_of_gdp1993-06-30: 82.1 percent_of_gdp1993-09-30: 79.7 percent_of_gdp1993-12-31: 82.3 percent_of_gdp1994-03-31: 79.5 percent_of_gdp1994-06-30: 78 percent_of_gdp1994-09-30: 76.3 percent_of_gdp1994-12-31: 75.8 percent_of_gdp1995-03-31: 74 percent_of_gdp1995-06-30: 72.3 percent_of_gdp1995-09-30: 72 percent_of_gdp1995-12-31: 74.9 percent_of_gdp1996-03-31: 73.8 percent_of_gdp1996-06-30: 75.9 percent_of_gdp1996-09-30: 75.3 percent_of_gdp1996-12-31: 77.5 percent_of_gdp1997-03-31: 80.4 percent_of_gdp1997-06-30: 80.7 percent_of_gdp1997-09-30: 81.8 percent_of_gdp1997-12-31: 84.5 percent_of_gdp1998-03-31: 83.9 percent_of_gdp1998-06-30: 85.4 percent_of_gdp1998-09-30: 88.6 percent_of_gdp1998-12-31: 90.7 percent_of_gdp1999-03-31: 90.8 percent_of_gdp1999-06-30: 92.1 percent_of_gdp1999-09-30: 93.6 percent_of_gdp1999-12-31: 104.3 percent_of_gdp2000-03-31: 104.1 percent_of_gdp2000-06-30: 100.8 percent_of_gdp2000-09-30: 101.9 percent_of_gdp2000-12-31: 104.5 percent_of_gdp2001-03-31: 95.2 percent_of_gdp2001-06-30: 96.7 percent_of_gdp2001-09-30: 96.3 percent_of_gdp2001-12-31: 96.9 percent_of_gdp2002-03-31: 105.2 percent_of_gdp2002-06-30: 107.5 percent_of_gdp2002-09-30: 109.2 percent_of_gdp2002-12-31: 110.5 percent_of_gdp2003-03-31: 113.3 percent_of_gdp2003-06-30: 118.5 percent_of_gdp2003-09-30: 120.4 percent_of_gdp2003-12-31: 119 percent_of_gdp2004-03-31: 121.8 percent_of_gdp2004-06-30: 118.4 percent_of_gdp2004-09-30: 116.3 percent_of_gdp2004-12-31: 114.9 percent_of_gdp2005-03-31: 113.7 percent_of_gdp2005-06-30: 110.7 percent_of_gdp2005-09-30: 109.9 percent_of_gdp2005-12-31: 108.3 percent_of_gdp2006-03-31: 111.5 percent_of_gdp2006-06-30: 112.4 percent_of_gdp2006-09-30: 111.2 percent_of_gdp2006-12-31: 109.2 percent_of_gdp2007-03-31: 110.8 percent_of_gdp2007-06-30: 111.3 percent_of_gdp2007-09-30: 110.5 percent_of_gdp2007-12-31: 107.6 percent_of_gdp2008-03-31: 108.1 percent_of_gdp2008-06-30: 107.3 percent_of_gdp2008-09-30: 106.8 percent_of_gdp2008-12-31: 106.3 percent_of_gdp2009-03-31: 118.5 percent_of_gdp2009-06-30: 127.5 percent_of_gdp2009-09-30: 131.7 percent_of_gdp2009-12-31: 133.3 percent_of_gdp2010-03-31: 136.2 percent_of_gdp2010-06-30: 138.2 percent_of_gdp2010-09-30: 138.1 percent_of_gdp2010-12-31: 137.6 percent_of_gdp2011-03-31: 138 percent_of_gdp2011-06-30: 137.8 percent_of_gdp2011-09-30: 136.5 percent_of_gdp2011-12-31: 137.6 percent_of_gdp2012-03-31: 140.7 percent_of_gdp2012-06-30: 143.3 percent_of_gdp2012-09-30: 146.6 percent_of_gdp2012-12-31: 149.4 percent_of_gdp2013-03-31: 155.2 percent_of_gdp2013-06-30: 158.2 percent_of_gdp2013-09-30: 161.1 percent_of_gdp2013-12-31: 161.9 percent_of_gdp2014-03-31: 166.2 percent_of_gdp2014-06-30: 169.4 percent_of_gdp2014-09-30: 170 percent_of_gdp2014-12-31: 171.9 percent_of_gdp2015-03-31: 176 percent_of_gdp2015-06-30: 178.8 percent_of_gdp2015-09-30: 182 percent_of_gdp2015-12-31: 186.7 percent_of_gdp2016-03-31: 190.9 percent_of_gdp2016-06-30: 189.8 percent_of_gdp2016-09-30: 188.8 percent_of_gdp2016-12-31: 188.5 percent_of_gdp2017-03-31: 189.1 percent_of_gdp2017-06-30: 186.7 percent_of_gdp2017-09-30: 185 percent_of_gdp2017-12-31: 182.4 percent_of_gdp2018-03-31: 182.6 percent_of_gdp2018-06-30: 180.8 percent_of_gdp2018-09-30: 179 percent_of_gdp2018-12-31: 177.3 percent_of_gdp2019-03-31: 180.4 percent_of_gdp2019-06-30: 180.1 percent_of_gdp2019-09-30: 180.2 percent_of_gdp2019-12-31: 179.9 percent_of_gdp2020-03-31: 189.5 percent_of_gdp2020-06-30: 193.8 percent_of_gdp2020-09-30: 194.7 percent_of_gdp2020-12-31: 192.4 percent_of_gdp2021-03-31: 190.2 percent_of_gdp2021-06-30: 187.5 percent_of_gdp2021-09-30: 185.5 percent_of_gdp2021-12-31: 182.5 percent_of_gdp2022-03-31: 185.5 percent_of_gdp2022-06-30: 187.3 percent_of_gdp2022-09-30: 187.6 percent_of_gdp2022-12-31: 187.3 percent_of_gdp2023-03-31: 193.2 percent_of_gdp2023-06-30: 193.5 percent_of_gdp2023-09-30: 194 percent_of_gdp2023-12-31: 193 percent_of_gdp2024-03-31: 198.2 percent_of_gdp2024-06-30: 198.4 percent_of_gdp2024-09-30: 198.8 percent_of_gdp2024-12-31: 197.9 percent_of_gdp2025-03-31: 201.9 percent_of_gdp2025-06-30: 201.8 percent_of_gdp2025-09-30: 201.5 percent_of_gdp2025-12-31: 200.8 percent_of_gdp2026-03-31: 204.1 percent_of_gdp31 Dec 198514 Feb 200631 Mar 2026

Showing periods 1–162 of 162 in this date range. Each chart page contains at most 180 original periods; values are not downsampled. All retained snapshot-selected periods are available.

Uses snapshot-selected vintages. The final eight exact values in this window are tabulated above. The pinned JSON query provides all matching observations and provenance; follow its cursor for further pages.

Snapshot identity
Snapshot
ero_us_macro_financial_20261027T003609Z_3476e48f61e8
Profile version
11.0.0
Generated
27 Oct 2026 · 00:38 UTC
Analytical content SHA-256
3476e48f61e89a392bf424594d533e4786040223a0d6bad7c1aa54e7ac1c3ce3

Source: U.S. Bureau of Labor Statistics. BLS.gov cannot vouch for the data or analyses derived from these data after the data have been retrieved from BLS.gov. Data access dates are supplied as retrieved_at in canonical observations. Latest retained BLS access: 03 Oct 2026 · 00:33 UTC. BLS source terms

Source: BIS debt service, credit and credit-gap statistics; debt service is model-based. ECO I's calculations and interpretation are its own; BIS does not endorse them. BIS statistical-use terms