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.

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 -3.50 -3.80 0.58 -3.80 percent of GDP [+]
Government Budget Value -286.50 100.80 8066.64 -15554.19 CNY HML [+]
Government Spending 203330.00 187841.00 203330.00 68.10 CNY HML [+]
Government Revenues 11019.00 10775.00 23621.00 138.36 CNY HML [+]
Fiscal Expenditure 29154.00 16431.00 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 February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-286.50 100.80 8066.64 -15554.19 1990 - 2018 CNY HML Monthly
Current Prices, NSA




Country Last Previous
Argentina -135316.20 Dec/18
Australia -292.00 Dec/18
Brazil -68042.00 Dec/18
Canada -2219.00 Nov/18
China -286.50 Nov/18
France -76.05 Dec/18
Germany 36.06 Jun/18
India -7014.57 Dec/18
Indonesia -259900.00 Dec/18
Italy 27.41 Dec/18
Japan -60963.00 Sep/18
Mexico -178960.00 Dec/18
Netherlands 1.50 Dec/18
Russia 282.64 Jan/19
Saudi Arabia -238494.00 Dec/17
Singapore -2211.70 Dec/18
South Africa 17725.00 Dec/18
South Korea 37409.00 Nov/18
Spain -12378.00 Nov/18
Switzerland 2176.00 Dec/19
Turkey -20758467.00 Dec/18
United Kingdom 1596.00 Dec/18
United States -13539.00 Dec/18


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