The calculation formula of external debt ratio: total external debt/liabilities.
The debt ratio of foreign debt refers to the ratio of the balance of foreign debt at the end of the year to the GDP of that year. At present, the internationally recognized debt ratio safety line is 20%.
The foreign debt rate is divided into debt service rate, foreign debt rate and short-term foreign debt rate. China government's external debt is small in overall scale and reasonable in structure. At the same time, China has a strong solvency, and there is no overall risk of debt.
Foreign debt repayment ratio:
The so-called foreign debt service rate refers to the ratio of a country's foreign debt service payment to the foreign exchange income from the export of goods and services, which is used to measure whether the foreign exchange income of a country is enough to pay the foreign debt service payment in a certain period of time. The internationally recognized safety line is 20%. China's foreign debt repayment rate is also within the safe zone, so it will not be difficult to repay foreign debt in a short time.
External debt ratio:
Refers to the proportion of foreign debt balance to foreign exchange income, which is used to measure whether a country's foreign exchange income is enough to pay all its foreign debts in a certain period of time. The highest debt service rate of China is 94.5% of 1.993, but it is also below the safety line of 1.000%, and it also shows a downward trend year by year. Judging from this indicator, China's foreign debt risk is also low.
Short-term foreign debt interest rate:
Short-term foreign debt rate refers to the proportion of foreign debt due within one year to the total foreign debt balance. In recent years, China's short-term foreign debt rate is 1 1- 13%, which is far below the safety line of 20%. Therefore, judging from the short-term foreign debt interest rate, there is no foreign debt risk in China.
From this, it can be concluded that the overall scale of China's government foreign debt is small and the structure is reasonable. At the same time, China has a strong solvency, and there is no overall risk of debt.