China recorded a Government Budget deficit equal to 3.50 percent of the country's Gross Domestic Product in 2017. 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.
Government Budget in China is expected to be -4.20 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the China Government Budget is projected to trend around -3.40 percent of GDP in 2020, according to our econometric models.