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

Government Spending in China decreased to 245673 CNY HML in 2021 from 245679 CNY HML in 2020. source: National Bureau of Statistics of China

Government Spending in China averaged 36258.88 CNY HML from 1950 until 2021, reaching an all time high of 245679.00 CNY HML in 2020 and a record low of 68.10 CNY HML in 1950. This page provides - China Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. China Government Spending - values, historical data and charts - was last updated on November of 2022.

Government Spending in China is expected to reach 27100.00 CNY HML by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the China Government Spending is projected to trend around 29000.00 CNY HML in 2023 and 32000.00 CNY HML in 2024, according to our econometric models.

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Related	Last	Previous	Unit	Reference
Government Spending	245673.00	245679.00	CNY HML	Dec 2021

China Government Spending

Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.