Government Budget in China averaged -2.82 percent of GDP from 1988 until 2022, reaching an all time high of 0.58 percent of GDP in 2007 and a record low of -8.60 percent of GDP in 2020. This page provides - China Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. China Government Budget - values, historical data and charts - was last updated on August of 2023.
Government Budget in China is expected to reach -7.00 percent of GDP by the end of 2023, according to Trading Economics global macro models and analysts expectations. In the long-term, the China Government Budget is projected to trend around -6.00 percent of GDP in 2024 and -6.50 percent of GDP in 2025, according to our econometric models.