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.

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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

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government budget by Country

Country	Last		Previous	Highest	Lowest
Australia	-1.90	Dec/17	-2.4	2.2	-4.2	%	Yearly
Brazil	-7.80	Dec/17	-9	-2	-10.2	%	Yearly
Canada	-0.90	Dec/17	0	5.1	-8.3	%	Yearly
China	-3.50	Dec/17	-3.8	0.58	-3.8	%	Yearly
Euro Area	-0.90	Dec/17	-1.5	-0.5	-7.3	%	Yearly
France	-2.60	Dec/17	-3.4	1.5	-7.2	%	Yearly
Germany	1.30	Dec/17	1	1.3	-9.4	%	Yearly
India	-3.53	Dec/17	-3.52	-2.53	-8.13	%	Yearly
Indonesia	-2.50	Dec/17	-2.46	3.02	-2.58	%	Yearly
Italy	-2.30	Dec/17	-2.5	-1.5	-7.3	%	Yearly
Japan	-4.50	Dec/17	-4.5	2.58	-9.5	%	Yearly
Mexico	-2.90	Dec/17	-2.6	3.3	-3.4	%	Yearly
Netherlands	1.10	Dec/17	0.4	1.9	-8.6	%	Yearly
Russia	-1.50	Dec/17	-3.4	9.88	-7.9	%	Yearly
South Korea	-2.00	Dec/17	-2.4	3.47	-4.1	%	Yearly
Spain	-3.10	Dec/17	-4.5	2.2	-11	%	Yearly
Switzerland	1.20	Dec/17	0.4	1.9	-3.2	%	Yearly
Turkey	-1.50	Dec/17	-1.1	-0.6	-33	%	Yearly
United Kingdom	-2.30	Dec/17	-3.8	4.8	-9.9	%	Yearly
United States	-3.50	Dec/17	-3.2	4.5	-9.8	%	Yearly