China recorded a government budget deficit of 286.50 CNY HML in November of 2018. Government Budget Value in China averaged -276.26 CNY HML from 1990 until 2018, reaching an all time high of 8066.64 CNY HML in January of 2015 and a record low of -15554.19 CNY HML in December of 2013.
Government Budget Value in China is expected to be -359.00 CNY HML 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 -536.98 in 12 months time. In the long-term, the China Government Budget Value is projected to trend around -496.00 CNY HML in 2020, according to our econometric models.