China recorded a government budget deficit of 30 CNY Billion in February of 2019. Government Budget Value in China averaged -192.45 CNY Billion from 1990 until 2019, reaching an all time high of 5885.80 CNY Billion in January of 2012 and a record low of -15554.19 CNY Billion in December of 2013.

Government Budget Value in China is expected to be -60.00 CNY Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in China to stand at -530.00 in 12 months time. In the long-term, the China Government Budget Value is projected to trend around -496.00 CNY Billion in 2020, according to our econometric models.

China Government Budget Value
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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 [+]


China Government Budget Value

The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides - China Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. China Government Budget Value - actual data, historical chart and calendar of releases - was last updated on April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-30.00 -42.10 5885.80 -15554.19 1990 - 2019 CNY Billion Monthly
Current Prices, NSA




Country Last Previous
Argentina 6726.40 Feb/19
Australia 10724.00 Feb/19
Brazil -45013.00 Feb/19
Canada -1536.00 Jan/19
China -30.00 Feb/19
France -36.90 Feb/19
Germany 5.87 Sep/18
India -8514.99 Feb/19
Indonesia -259900.00 Dec/18
Italy -27.22 Feb/19
Japan -41094.00 Dec/18
Mexico 15108.90 Feb/19
Netherlands 1.50 Dec/18
Russia 545.67 Mar/19
Saudi Arabia -238494.00 Dec/17
Singapore 830.00 Feb/19
South Africa 20781.00 Feb/19
South Korea -11804.00 Feb/19
Spain -11747.00 Feb/19
Switzerland 2176.00 Dec/19
Turkey -18675315.00 Feb/19
United Kingdom 6093.00 Feb/19
United States -146945.00 Mar/19


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