China vs Russia

China vs Russia: Government debt

Government debt in 2025: 98.6% of GDP in China and 16.6% of GDP in Russia, by IMF estimates. In 2025 the value was higher in China, by 82 percentage points, or 5.94 times that in Russia.

% of GDP · IMF

China vs Russia: Government debtGovernment debt in 2025: 98.6% of GDP in China and 16.6% of GDP in Russia, by IMF estimates. In 2025 the value was higher in China, by 82 percentage points, or 5.94 times that in Russia.
ChinaRussiaIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • China has been higher since 2004, when it overtook Russia.
  • In 2025, China ranked 17 and Russia ranked 144 of 149 countries, counting from the highest.
  • The IMF projection (World Economic Outlook, October 2026) puts China at 122.1% of GDP and Russia at 30.7% of GDP in 2031.

Every year

% of GDP · IMF

YearChinaRussia
202598.616.6
202490.514.8
202384.115.2
202277.315.1
202172.116.5
202070.619.2
201959.913.8
201855.713.6
201753.714.3
20165014.9
201540.915.3
201439.415.1
201336.612.4
201233.911.2
20113310.3
201033.110.1
200933.99.9
200826.67.4
200728.88
200625.29.8
20052614.9
200425.920.8
200326.428.3
200225.537.6
200124.244.4
200022.655.9
199921.692.4
199820.4135.2
199720.451.5
199621.2–
199521.4–
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearChinaRussia
2026104.419.3
2027109.122.2
2028113.224.8
2029116.427.2
2030119.529.1
2031122.130.7

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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