China Government Budget
-7.9%▼ −0.76 pt
Dec 2025 · Annual
China's budget deficit widened to 7.87% of GDP in the 2025 fiscal year, from a revised 7.11% in 2024. The reading remains below the all-time low of -9.56% recorded in 2020, and is the largest deficit since that year. Data are available from 1982.
| Actual | Previous | Highest | Lowest | Dates | Frequency |
|---|---|---|---|---|---|
| -7.9% | -7.1% | 0.9%Dec 1985 | -9.6%Dec 2020 | 1982 – 2025 | Annual |
Related indicators
| Indicator | Last | Previous | Highest | Lowest | Last updated | Frequency |
|---|---|---|---|---|---|---|
| Government Debt to GDP | 99.2% | 90.4% | 99.2% | 20.4% | Dec 2025 | Annual |
| Tax Revenue to GDP | 7.0% | 7.6% | 10.2% | 7.0% | Dec 2024 | Annual |
About this series
Government Budget in China averaged -2.6% from 1982 until 2025, reaching an all-time high of 0.9% in Dec 1985 and a record low of -9.6% in Dec 2020. The series is reported yearly with history from 1982.
The budget balance as a share of GDP measures the difference between government revenue and expenditure, expressed as a percentage of the country's gross domestic product. For China, this indicator is reported on an annual basis. The series spans from 1982 to the present.
Source & methodology
We use primary economic sources for every country. See our methodology page for how we source and verify this data.
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