China recorded a government budget deficit of 508.60 CNY Billion in August of 2023. Government Budget Value in China averaged -200.05 CNY Billion from 1990 until 2023, 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. 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. This page provides – China Government Budget Value – actual values, historical data, forecast, chart, statistics, economic calendar and news.
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