China Government Budget
China recorded a Government Budget deficit equal to 2.10 percent of the country's Gross Domestic Product in 2013. Government Budget in China averaged -1.93 Percent of GDP from 1988 until 2013, reaching an all time high of 0.58 Percent of GDP in 2007 and a record low of -3.05 Percent of GDP in 1991. Government Budget in China is reported by the Ministry of Finance of the People's Republic of China.
||1988 - 2013
||Percent of GDP
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - China Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.