Name: China Government Budget Value
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: China,Government Budget Value,data,chart,actual,historical,values,calendar,forecast,graph,2021,2022,2023

China recorded a government budget deficit of 557.50 CNY Billion in May of 2022. source: Ministry of Finance of the People's Republic of China

Government Budget Value in China averaged -196.38 CNY Billion from 1990 until 2022, 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. This page provides - China Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. China Government Budget Value - values, historical data and charts - was last updated on July of 2022.

Government Budget Value in China is expected to be -720.00 CNY Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the China Government Budget Value is projected to trend around -450.00 CNY Billion in 2023, according to our econometric models.

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Related	Last	Previous	Unit	Reference
Government Budget	-3.70	-2.80	percent of GDP	Dec 2020
Government Budget Value	-557.50	-542.70	CNY Billion	May 2022
Government Revenues	12446.00	12256.00	CNY HML	May 2022
Fiscal Expenditure	18126.00	17346.00	CNY HML	May 2022

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.