China recorded a government budget deficit of 435.10 CNY Billion in August of 2021. source: Ministry of Finance of the People's Republic of China

Government Budget Value in China averaged -192.14 CNY Billion from 1990 until 2021, 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 October of 2021.

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 2022, according to our econometric models.

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China Government Budget Value


China Last Unit Reference Previous Highest Lowest
Government Budget -3.70 percent of GDP Dec/20 -2.80 0.58 -4.20
Government Budget Value -435.10 CNY Billion Aug/21 36.30 5885.80 -15554.19
Government Revenues 12372.00 CNY HML Aug/21 20600.00 41805.00 138.36
Fiscal Expenditure 17443.00 CNY HML Aug/21 16252.00 37742.00 138.60


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.