China Consolidated Fiscal Balance: % of GDP
China Consolidated Fiscal Balance recorded a deficit equal to 5.8 % of its Nominal GDP in Sep 2020, compared with a deficit equal to 5.7 % in the previous quarter. China Consolidated Fiscal Balance to GDP data is updated quarterly, available from Dec 1995 to Sep 2020, with an average ratio of -1.8 %. The data reached an all-time high of 1.1 % in Jun 2008 and a record low of -5.8 % in Sep 2020. CEIC calculates quarterly Consolidated Fiscal Balance as % of Nominal GDP from monthly Consolidated Fiscal Balance and quarterly Nominal GDP. The Ministry of Finance provides Consolidated Fiscal Balance in local currency. The National Bureau of Statistics provides year-to-date Nominal GDP in local currency.
In the latest reports, China National Government Debt reached 2,432.9 USD bn in Dec 2019. China Nominal GDP reached 3,849.8 USD bn in Sep 2020.
View China's Consolidated Fiscal Balance: % of GDP from Dec 1995 to Sep 2020 in the chart:
What was China's Consolidated Fiscal Balance: % of GDP in Sep 2020?
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| -5.8 Sep 2020 | -5.7 Jun 2020 | -5.8 Sep 2020 | 1.1 Jun 2008 | % | quarterly | Dec 1995 - Sep 2020 |
Consolidated Fiscal Balance: % of GDP by Country Comparison
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| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | -1.9 2019 | yearly | 1997 - 2019 |
| Algeria (%) | -8.8 2017 | yearly | 1994 - 2017 |
| Argentina (%) | -7.2 Jun 2020 | quarterly | Dec 2004 - Jun 2020 |
| Armenia (%) | -3.5 Jun 2020 | quarterly | Dec 2002 - Jun 2020 |
| Australia (%) | -7.2 Jun 2020 | quarterly | Jun 2003 - Jun 2020 |
| Austria (%) | -3.8 Jun 2020 | quarterly | Dec 2001 - Jun 2020 |
| Azerbaijan (%) | -2.4 Dec 2020 | monthly | Dec 2004 - Dec 2020 |
| Bahrain (%) | -5.0 2014 | yearly | 1998 - 2014 |
| Bangladesh (%) | -5.4 2020 | yearly | 2006 - 2020 |
| Belarus (%) | -1.1 Jun 2020 | quarterly | Sep 2006 - Jun 2020 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -5.8 Sep 2020 | quarterly | Dec 1995 - Sep 2020 |
| Consolidated Fiscal Balance (USD mn) | 48,725.726 Oct 2020 | monthly | Jan 1995 - Oct 2020 |
| Tax Revenue (USD mn) | 139,075.255 Nov 2020 | monthly | Jan 1995 - Nov 2020 |
| Tax Revenue: % of GDP (%) | 13.9 Sep 2020 | quarterly | Mar 1995 - Sep 2020 |
| National Government Debt (USD mn) | 2,413,715.4 2019 | yearly | 2005 - 2019 |
| Government Debt: % of GDP (%) | 18.0 Jun 2020 | quarterly | Mar 2014 - Jun 2020 |
| Forecast: Government Expenditure (RMB bn) | 50,816.686 2025 | yearly | 1982 - 2025 |
| Forecast: Government Net Debt (RMB bn) | 119,832.398 2025 | yearly | 1995 - 2025 |
| Forecast: Government Revenue (RMB bn) | 38,329.759 2025 | yearly | 1982 - 2025 |
| Foreign Debts: Qtr: Total (USD mn) | 2,294,400.000 Sep 2020 | quarterly | Jun 2003 - Sep 2020 |
| Foreign Debts: Qtr: Long Term (USD mn) | 998,800.000 Sep 2020 | quarterly | Jun 2003 - Sep 2020 |
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