Government Spending in China increased to 220904.10 CNY HML in 2018 from 203085.50 CNY HML in 2017. Government Spending in China averaged 27252.36 CNY HML from 1950 until 2018, reaching an all time high of 220904.10 CNY HML in 2018 and a record low of 68.10 CNY HML in 1950. source: National Bureau of Statistics of China

Government Spending in China is expected to be 227421.00 CNY HML by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the China Government Spending is projected to trend around 260626.00 CNY HML in 2020, according to our econometric models.

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China Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
220904.10 203085.50 220904.10 68.10 1950 - 2018 CNY HML Yearly
Current Prices, NSA

China Government Spending
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.

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 -13.80 -191.60 5885.80 -15554.19 CNY Billion [+]
Government Spending 220904.10 203085.50 220904.10 68.10 CNY HML [+]
Government Revenues 11263.00 17026.00 25709.07 138.36 CNY HML [+]
Fiscal Expenditure 15876.00 11975.00 30515.00 138.60 CNY HML [+]
Military Expenditure 239223.00 227829.00 239223.00 19287.00 USD Million [+]
Credit Rating 80.00 [+]