China vs Sweden

China vs Sweden: Government debt

Government debt in 2025: 98.6% of GDP in China and 34.6% of GDP in Sweden, by IMF estimates. In 2025 the value was higher in China, by 64.1 percentage points, or 2.85 times that in Sweden.

% of GDP · IMF

China vs Sweden: Government debtGovernment debt in 2025: 98.6% of GDP in China and 34.6% of GDP in Sweden, by IMF estimates. In 2025 the value was higher in China, by 64.1 percentage points, or 2.85 times that in Sweden.
ChinaSwedenIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • China has been higher since 2016, when it overtook Sweden.
  • In 2025, China ranked 17 and Sweden ranked 118 of 149 countries, counting from the highest.
  • The IMF projection (World Economic Outlook, October 2026) puts China at 122.1% of GDP and Sweden at 30.7% of GDP in 2031.

Every year

% of GDP · IMF

YearChinaSweden
202598.634.6
202490.533.9
202384.132.2
202277.334.4
202172.137.2
202070.640.5
201959.936
201855.740.2
201753.741.9
20165043.2
201540.944.8
201439.446.1
201336.641.2
201233.938.1
20113337.8
201033.138.7
200933.941.3
200826.638
200728.839.3
200625.243.9
20052649
200425.948.7
200326.449.5
200225.549.9
200124.252
200022.650.4
199921.660.3
199820.465.4
199720.467.7
199621.268.9
199521.468.7
1994–68.6
1993–66.1
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearChinaSweden
2026104.435.1
2027109.135.5
2028113.234.8
2029116.433.6
2030119.532.3
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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