China vs Iran

China vs Iran: Government debt

Government debt: 98.6% of GDP in China in 2025 and 31.2% of GDP in Iran in 2024, by IMF estimates. In 2024 the value was higher in China, by 59.3 percentage points, or 2.9 times that in Iran.

% of GDP · IMF

China vs Iran: Government debtGovernment debt: 98.6% of GDP in China in 2025 and 31.2% of GDP in Iran in 2024, by IMF estimates. In 2024 the value was higher in China, by 59.3 percentage points, or 2.9 times that in Iran.
ChinaIranIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • China has been higher since 2000, when it overtook Iran.
  • The IMF projection (World Economic Outlook, October 2026) puts China at 122.1% of GDP and Iran at 43.4% of GDP in 2031.

Every year

% of GDP · IMF

YearChinaIran
202598.635.6
202490.531.2
202384.129.6
202277.334.5
202172.139.9
202070.647.1
201959.944.6
201855.741.6
201753.743.2
20165046
201540.932.1
201439.410.9
201336.610.2
201233.911.8
20113310.6
201033.112.8
200933.911.5
200826.610.6
200728.813.5
200625.215.2
20052618.3
200425.921.1
200326.422
200225.523.4
200124.221
200022.618.2
199921.622.2
199820.429.6
199720.430.9
199621.229.3
199521.4–
  • 12.3Projected
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearChinaIran
2026104.439.1
2027109.140.2
2028113.240.8
2029116.441.7
2030119.542.7
2031122.143.4

Each country on its own

Good to know

  • What the government owes, as a share of the economy’s yearly output.
  • Source: IMF, World Economic Outlook, October 2026.
  • The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.
  • Ranks count the 149 countries with a value in 2025, highest first.

How the layers work, where their data comes from and what they can’t tell you: Countries through time

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