The value of loans in China increased 8.70 percent in July of 2024 over the same month in the previous year. Loan Growth in China averaged 15.14 percent from 1998 until 2024, reaching an all time high of 34.44 percent in June of 2009 and a record low of 8.70 percent in July of 2024. source: People's Bank of China

Loan Growth in China is expected to be 8.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the China Outstanding Yuan Loan Growth is projected to trend around 8.60 percent in 2025 and 9.40 percent in 2026, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2024-07-12 09:15 AM
Outstanding Loan Growth YoY
Jun 8.1% 9.3% 9.1%
2024-08-13 09:00 AM
Outstanding Loan Growth YoY
Jul 8.7% 8.8% 8.8% 7.8%
2024-09-13 08:00 AM
Outstanding Loan Growth YoY
Aug 8.7% 8.6% 8.6%


Related Last Previous Unit Reference
New Yuan Loans 260.00 2130.00 CNY Billion Jul 2024
Cash Reserve Ratio Big Banks 10.00 10.00 percent Jul 2024
Central Bank Balance Sheet 436469.16 436546.79 CNY Hundred Million Jul 2024
Deposit Interest Rate 0.35 0.35 percent Jul 2024
Foreign Exchange Reserves 3288000.00 3256000.00 USD Million Aug 2024
Interbank Rate 1.85 1.85 percent Sep 2024
Loan Prime Rate 1Y 3.35 3.35 percent Aug 2024
Liquidity Injections Via Reverse Repo 210.00 186.00 CNY Billion Sep 2024
Outstanding Loan Growth YoY 8.70 8.80 percent Jul 2024
Loans To Banks 2492550.92 2491303.53 CNY Hundred Million Jul 2024
Total Social Financing 7700.00 33000.00 CNY Hundred Million Jul 2024
Money Supply M0 11884.05 11773.68 CNY Billion Jul 2024
Money Supply M1 63229.65 66061.05 CNY Billion Jul 2024
M2 Money Supply YoY 305016.15 301850.67 CNY Billion Jun 2024
Reverse Repo Rate 1.70 1.80 percent Jul 2024

China Outstanding Yuan Loan Growth
In China, outstanding loan growth refers to year over year change in total amount of loans in domestic currency provided by the financial institutions. It includes off-balance sheet forms of financing that exist outside the conventional bank lending system, such as initial public offerings, loans from trust companies and bond sales.
Actual Previous Highest Lowest Dates Unit Frequency
8.70 8.80 34.44 8.70 1998 - 2024 percent Monthly