China Government Budget  1988-2018 | Data | Chart | Calendar | Forecast

China's government budget deficit stood at 3.5 percent of the country's GDP in 2017, above the government's target of 3 percent and compared to a 3.8 percent gap in 2016, according to a preliminary estimate published by the Ministry of Finance. The 2017 data indicates China had a fiscal deficit of CNY 3.07 trillion last year, compared with a deficit of CNY 2.86 trillion in 2016, as fiscal spending increased 7.7 percent to CNY 20.33 trillion while revenues rose 7.4 percent to CNY 17.26 trillion. Government Budget in China averaged -2.08 percent of GDP from 1988 until 2017, reaching an all time high of 0.58 percent of GDP in 2007 and a record low of -3.80 percent of GDP in 2016.

China Government Budget
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China Government Last Previous Highest Lowest Unit
Government Debt to GDP 47.60 44.30 47.60 20.40 percent [+]
Government Budget -3.50 -3.80 0.58 -3.80 percent of GDP [+]
Government Budget Value 40.70 -171.30 8066.64 -15554.19 CNY HML [+]
Government Spending 203330.00 187841.00 203330.00 68.10 CNY HML [+]
Government Revenues 17631.00 18473.00 23621.00 138.36 CNY HML [+]
Fiscal Expenditure 17003.00 14696.00 27016.00 138.60 CNY HML [+]
Credit Rating 79.57 [+]
Military Expenditure 228173.00 216031.00 228173.00 19320.00 USD Million [+]


China Government Budget

Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - China Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. China Government Budget - actual data, historical chart and calendar of releases - was last updated on June of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-3.50 -3.80 0.58 -3.80 1988 - 2017 percent of GDP Yearly




government budget by Country
Country Last
Australia -1.90 Dec/17
Brazil -7.80 Dec/17
Canada -0.90 Dec/17
China -3.50 Dec/17
Euro Area -0.90 Dec/17
France -2.60 Dec/17
Germany 1.30 Dec/17
India -3.53 Dec/17
Indonesia -2.50 Dec/17
Italy -2.30 Dec/17
Japan -4.50 Dec/17
Mexico -2.90 Dec/17
Netherlands 1.10 Dec/17
Russia -1.50 Dec/17
South Korea -2.00 Dec/17
Spain -3.10 Dec/17
Switzerland 1.20 Dec/17
Turkey -1.50 Dec/17
United Kingdom -2.30 Dec/17
United States -3.50 Dec/17


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