China Government Budget Value

China recorded a government budget deficit of 257.10 CNY Billion in August of 2019. Government Budget Value in China averaged -191.70 CNY Billion from 1990 until 2019, 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.

Government Budget Value in China is expected to be -60.00 CNY Billion 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 -500.00 in 12 months time. In the long-term, the China Government Budget Value is projected to trend around -496.00 CNY Billion in 2020, according to our econometric models.

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China Government	Last	Previous	Highest	Lowest	Unit
Government Debt to GDP	50.50	46.80	50.50	20.40	percent	[+]
Government Budget	-4.20	-3.70	0.58	-4.20	percent of GDP	[+]
Government Budget Value	-257.10	45.60	5885.80	-15554.19	CNY Billion	[+]
Government Spending	220906.00	203085.50	220906.00	68.10	CNY HML	[+]
Government Revenues	13617.00	11438.00	25709.07	138.36	CNY HML	[+]
Fiscal Expenditure	25543.00	15106.00	30515.00	138.60	CNY HML	[+]
Credit Rating	79.57					[+]
Military Expenditure	239223.00	227829.00	239223.00	19287.00	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 October of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	-257.10	45.60	5885.80	-15554.19	1990 - 2019	CNY Billion	Monthly	Current Prices, NSA

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Country	Last		Previous	Range
Argentina	-25368.30	Sep/19	13746	25974 : -135316	ARS Million
Australia	-9001.00	Jun/19	13326	14307 : -23705	AUD Million
Brazil	-63644.00	Aug/19	-30263	26044 : -123821	BRL Million
Canada	-1470.00	Jul/19	958	5770 : -14900	CAD Million
China	-257.10	Aug/19	45.6	5886 : -15554	CNY Billion
France	-123.14	Aug/19	-110	-4.21 : -149	EUR Billion
Germany	7.47	Mar/19	4.32	40.63 : -58.9	EUR Billion
India	-5538.40	Aug/19	-5476	-94.06 : -8515	INR Billion
Indonesia	-259900.00	Dec/18	-340976	12605 : -340976	IDR Billion
Italy	13.26	Aug/19	-28.38	27.41 : -43.39	EUR Billion
Japan	-117024.00	Jun/19	69110	91505 : -347513	JPY HND Million
Mexico	34970.00	Aug/19	-33152	340612 : -308192	MXN Million
Netherlands	-18.70	Jun/19	17	17.6 : -19	EUR Billion
Russia	2986.22	Sep/19	2561	3835 : -2967	RUB Billion
Saudi Arabia	-135704.00	Dec/18	-238494	580924 : -362229	SAR Million
Singapore	4068.40	Aug/19	762	17604 : -9045	SGD Million
South Africa	-42808.00	Aug/19	-107881	70466 : -107881	ZAR Million
South Korea	-22340.00	Aug/19	-24289	42914 : -38492	KRW Billion
Spain	-14937.00	Aug/19	-13922	12365 : -99130	EUR Million
Switzerland	2176.00	Dec/19	1373	11751 : -18294	CHF Million
Turkey	837007.00	Aug/19	10138765	13023775 : -39815859	TRY Thousand
United Kingdom	-1819.00	Aug/19	1953	18650 : -16111	GBP Million
United States	-200344.00	Aug/19	-119695	214255 : -233977	USD Million