China Government Budget Balance (% of GDP)
The yearly gap between government spending and revenue across all levels of government, as a share of GDP.
−7.1%
Matches the latest releaseNot refreshed recently, awaiting the next release
Explore the full China economy17 live indicators on one dashboard, from growth and prices to jobs, trade and public finances. Checked hourly against official sources.Government Budget Balance (% of GDP)
1982 to 2024
Source: IMF World Economic Outlook (GGXCNL_NGDP) · general government, % of GDP, annual, actual years only. The IMF's figures for the years after the one shown are projections, which this site does not publish, so the year under the figure is the most recent actual available, not a sign the feed has broken.
China Government Budget Balance (% of GDP) in context
Worked out from the published series shown above.
In China, the government budget balance fell by 0.4pp in 2024, from −6.7% in 2023.
Over the past five years it has ranged from −9.6% in 2020 to −5.9% in 2021.
Its average since 1982 is −2.0%, and the latest reading is below that.
How this series is defined
Everything you need to check the figure against the source.
- Source
- IMF
- Series
- World
- Frequency
- Annual
- Unit
- %
- Seasonal adjustment
- Not applicable, annual data
- Latest observation
- 2024
- Revision status
- Latest published estimate, subject to revision
Negative means a deficit.
Data refreshed 2026-10-06. Figures are the latest published observations and can be revised.
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