China Government Budget

China recorded a Government Budget deficit equal to 4.20 percent of the country's Gross Domestic Product in 2018. Government Budget in China averaged -2.20 percent of GDP from 1988 until 2018, reaching an all time high of 0.58 percent of GDP in 2007 and a record low of -4.20 percent of GDP in 2018.

Government Budget in China is expected to be -3.80 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.

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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	-4.20	-3.70	0.58	-4.20	percent of GDP	[+]
Government Budget Value	-30.00	-42.10	5885.80	-15554.19	CNY Billion	[+]
Government Spending	220906.00	203330.00	220906.00	68.10	CNY HML	[+]
Government Revenues	14552.00	13394.69	25709.07	138.36	CNY HML	[+]
Fiscal Expenditure	25315.00	15005.31	29154.00	138.60	CNY HML	[+]
Credit Rating	79.57					[+]
Military Expenditure	228173.00	216031.00	228173.00	19320.00	USD Million	[+]

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 April of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	-4.20	-3.70	0.58	-4.20	1988 - 2018	percent of GDP	Yearly

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Country	Last		Previous	Range
Argentina	-3.90	Dec/17	-4.6	3.7 : -6.4	%
Australia	-1.90	Dec/17	-2.4	2.2 : -4.2	%
Brazil	-7.10	Dec/18	-7.8	-2 : -10.2	%
Canada	-0.90	Dec/17	0	5.1 : -8.3	%
China	-4.20	Dec/18	-3.7	0.58 : -4.2	%
Euro Area	-1.00	Dec/17	-1.6	-0.5 : -7.3	%
France	-2.60	Dec/17	-3.4	1.5 : -7.2	%
Germany	1.70	Dec/18	1	1.7 : -9.4	%
India	-3.42	Dec/18	-3.53	-2.53 : -8.13	%
Indonesia	-1.76	Dec/18	-2.51	3.02 : -2.58	%
Italy	-2.10	Dec/18	-2.4	-1.5 : -7.3	%
Japan	-4.50	Dec/17	-4.5	2.58 : -9.5	%
Mexico	-2.90	Dec/17	-2.6	3.3 : -3.4	%
Netherlands	1.10	Dec/17	0.4	1.9 : -8.6	%
Russia	2.70	Dec/18	-1.5	9.88 : -7.9	%
Saudi Arabia	-9.20	Dec/18	-8.9	43.17 : -25.27	%
Singapore	0.40	Dec/18	0.3	21.23 : -1.2	%
South Africa	-4.60	Dec/17	-3.9	1 : -7.4	%
South Korea	-1.60	Dec/18	-1.1	3.47 : -4.1	%
Spain	-3.10	Dec/17	-4.5	2.2 : -11	%
Switzerland	1.20	Dec/17	0.4	1.9 : -3.2	%
Turkey	-1.50	Dec/17	-1.1	-0.6 : -33	%
United Kingdom	-2.00	Dec/18	-2.3	4.8 : -9.9	%
United States	-3.80	Dec/18	-3.5	4.5 : -9.8	%