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.