Services, Debit/Expenditure in China

China: Services, Debit/Expenditure was 612.98 billion in 2024. ▲ Rising

Latest (2024)
612.98 billion
Change on year
up 14.1%
World rank
2nd
of 198 countries
All-time high
612.98 billion
in 2024
All-time low
83.97 billion
in 2005
Years of data
20
2005–2024

Services, Debit/Expenditure in China, 2005–2024

0200.0B400.0B600.0B2005201420242005: 84.0B2006: 100.8B2007: 130.1B2008: 158.9B2009: 158.9B2010: 193.4B2011: 247.8B2012: 281.3B2013: 330.6B2014: 432.9B2015: 435.7B2016: 441.6B2017: 472.0B2018: 525.7B2019: 505.5B2020: 381.4B2021: 440.6B2022: 459.9B2023: 537.2B2024: 613.0B

Source: International Monetary Fund.

Analysis

In 2024, services, debit/expenditure in China stood at 612.98 billion. That is the highest value across all 20 years on record.

That represents a change of up 14.1% on the previous year and up 41.6% over ten years.

Over the whole period, services, debit/expenditure in China peaked at 612.98 billion in 2024 and was at its lowest, 83.97 billion, in 2005.

China ranks 2nd of 198 countries on this measure, in the top 10%.

The long-run direction has been consistently rising across the 20 years of available data.

Services, Debit/Expenditure in China, year by year

Annual values for Services, Debit/Expenditure (US dollar) in China, 2005 to 2024.
Year Value Change
2005 83.97 billion —
2006 100.84 billion +20.1%
2007 130.13 billion +29.0%
2008 158.95 billion +22.1%
2009 158.92 billion -0.0%
2010 193.40 billion +21.7%
2011 247.84 billion +28.2%
2012 281.30 billion +13.5%
2013 330.61 billion +17.5%
2014 432.88 billion +30.9%
2015 435.72 billion +0.7%
2016 441.55 billion +1.3%
2017 472.00 billion +6.9%
2018 525.74 billion +11.4%
2019 505.51 billion -3.8%
2020 381.41 billion -24.5%
2021 440.61 billion +15.5%
2022 459.94 billion +4.4%
2023 537.17 billion +16.8%
2024 612.98 billion +14.1%

China compared with similar countries

  • China's 612.98 billion is above the median for upper middle income countries, which is 4.11 billion, 149.1× the median. (54 countries reporting)
  • China's 612.98 billion is above the median for East Asia & Pacific, which is 2.40 billion, 255.8× the median. (33 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 126.56 billion 83.97 billion 158.95 billion 5
2010s 386.65 billion 193.40 billion 525.74 billion 10
2020s 486.42 billion 381.41 billion 612.98 billion 5

Countries ranked near China

  1. 1 United States 840.88 billion compare
  2. 3 Germany 547.63 billion compare
  3. 4 Ireland 466.57 billion compare
  4. 5 United Kingdom 401.77 billion compare

See the full ranking of 207 places →

More trade data for China

All data for China →

Frequently asked questions

What is services, debit/expenditure in China?
Services, debit/expenditure in China was 612.98 billion in 2024, according to International Monetary Fund.
What is the highest services, debit/expenditure recorded in China?
The highest recorded value was 612.98 billion in 2024.
What is the lowest services, debit/expenditure recorded in China?
The lowest recorded value was 83.97 billion in 2005.
How does China rank for services, debit/expenditure?
China ranks 2nd out of 198 countries with data for 2024.
Is services, debit/expenditure rising or falling in China?
Over the last ten years it is up 41.6%. The long-run trend across the full record is rising.
Where does this China data come from?
The figures come from International Monetary Fund, published as part of Services, Debit/Expenditure (US dollar). Statizoid updates them automatically from the source API.

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Services, Debit/Expenditure in China. Statizoid, drawing on International Monetary Fund. Retrieved 03 October 2026, from https://trade.statizoid.com/stat/services-debit-expenditure-us-dollar/china/

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About this data

Indicator
Services, Debit/Expenditure (US dollar)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
207 places, 3,864 data points, 2005–2024
Last refreshed

The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.