China recorded a government budget deficit of 13.80 CNY Billion in October of 2019. China Government Budget Value - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Government Budget Value in China averaged -191.20 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. This page provides - China Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Ministry of Finance of the People's Republic of China

Government Budget Value in China is expected to be -350.00 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 -450.00 in 12 months time. In the long-term, the China Government Budget Value is projected to trend around -450.00 CNY Billion in 2021, according to our econometric models.

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China Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
-13.80 -191.60 5885.80 -15554.19 1990 - 2019 CNY Billion Monthly
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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.