China recorded a government budget deficit of 460.20 CNY Billion in August of 2020.
Government Budget Value in China averaged -194.28 CNY Billion from 1990 until 2020, 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. China Government Budget Value - values, historical data and charts - was last updated on October of 2020. source: Ministry of Finance of the People's Republic of China
Government Budget Value in China is expected to be -450.00 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 -250.00 in 12 months time. In the long-term, the China Government Budget Value is projected to trend around -720.00 CNY Billion in 2021 and -450.00 CNY Billion in 2022, according to our econometric models.