China loan growth


China loan growth: 8.1 (-12.9%)
Last Update: June 30, 2024

China loan growth closed down 8.1 as of June 30, 2024 from 9.3 from the previous month and 11.3 from last year.


China loan growth Analytics & Data




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China loan growth

DateValues
2024-06-30 8.1
2024-05-31 9.3
2024-04-30 9.6
2024-03-31 9.6
2024-02-29 10.1
2024-01-31 10.4
2023-12-31 10.6
2023-11-30 10.8
2023-10-31 10.9
2023-09-30 10.9
2023-08-31 11.1
2023-07-31 11.1
2023-06-30 11.3
2023-05-31 11.4
2023-04-30 11.8
2023-03-31 11.8
2023-02-28 11.6
2023-01-31 11.3
2022-12-31 11.1
2022-11-30 11
2022-10-31 11.1
2022-09-30 11.2
2022-08-31 10.9
2022-07-31 11

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China loan growth Statistics


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlopePercentileUpdate
loan growthcn.loangrowth8.19.3-13-28DownDown22024-06-30

China loan growth Factors

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China loan growth Historical Data

The MacroVar database offers free access to historical data for the China loan growth, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of China loan growth data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the China loan growth

China's loan growth refers to the increase in the amount of money that banks in China are lending to businesses and individuals. This growth is closely monitored as it can indicate the overall health of the economy. A high loan growth rate may suggest that businesses are investing in new projects and consumers are spending more, which could stimulate economic growth. However, excessive loan growth can also lead to high levels of debt and financial instability. Therefore, policymakers in China closely monitor loan growth to ensure that it is at a sustainable level that supports economic growth without creating risks to the financial system.