China Forecast: Government Expenditure

1982 - 2029 | Yearly | RMB bn | International Monetary Fund

Key information about China Forecast: Government Expenditure

  • China Government Expenditure is forecasted to be 44,519.579 RMB bn in Dec 2024 as reported by International Monetary Fund.
  • It records an increase from the last reported number of 42,359.315 RMB bn in Dec 2023.
  • Looking ahead, China Government Expenditure is projected to stand at 60,775.948 RMB bn in Dec 2029.
  • The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: General Government Total Expenditure.

View China's Forecast: Government Expenditure from 1982 to 2029 in the chart:

China Forecast: Government Expenditure

What is China's Forecast: Government Expenditure in 2029?

China Government Expenditure is forecasted to be 44,519.579 RMB bn in Dec 2024 as reported by International Monetary Fund. See the table below for more data.

Last Previous Min Max Unit Frequency Range
60,775.948 2029 57,493.041 2028 130.761 1982 60,775.948 2029 RMB bn yearly 1982 - 2029

Forecast: Government Expenditure by Country Comparison

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Includes Forecast: Government Expenditure on 195 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Afghanistan (AFA bn) 206.834 2022 yearly 2002 - 2022
Albania (ALL bn) 1,003.860 2028 yearly 1997 - 2028
Algeria (DZD bn) 16,122.290 2028 yearly 1990 - 2028
Andorra (%) 36.271 2028 yearly 2001 - 2028
Angola (AOA bn) 25,453.760 2028 yearly 1996 - 2028
Antigua and Barbuda (XCD bn) 1.537 2028 yearly 1990 - 2028
Argentina (ARS bn) 553,829.690 2028 yearly 1993 - 2028
Armenia (AMD bn) 4,073.820 2028 yearly 2005 - 2028
Aruba (%) 21.292 2028 yearly 1995 - 2028
Australia (AUD bn) 1,204.174 2029 yearly 1988 - 2029
Austria (EUR bn) 295.369 2028 yearly 1988 - 2028
Azerbaijan (AZN bn) 46.691 2028 yearly 1994 - 2028
Bahamas (BSD bn) 3.946 2028 yearly 1990 - 2028
Bahrain (BHD bn) 5.581 2029 yearly 1990 - 2029
Bangladesh (BDT bn) 7,011.275 2024 yearly 1980 - 2024
Barbados (BBD bn) 4.855 2029 yearly 1995 - 2029
Belarus (BYN bn) 101.428 2028 yearly 2001 - 2028
Belgium (EUR bn) 386.316 2028 yearly 1980 - 2028
Belize (BZD bn) 1.799 2028 yearly 1996 - 2028
Benin (XOF bn) 3,524.550 2028 yearly 1989 - 2028
Bhutan (BTN bn) 116.449 2028 yearly 1981 - 2028
Bolivia (BOB bn) 130.717 2028 yearly 1984 - 2028
Bosnia and Herzegovina (BAM bn) 26.003 2028 yearly 1998 - 2028
Botswana (BWP bn) 115.893 2029 yearly 1981 - 2029
Brazil (BRL bn) 6,554.330 2028 yearly 2001 - 2028
Brunei (BND bn) 6.082 2028 yearly 1980 - 2028
Bulgaria (BGN bn) 97.178 2029 yearly 1998 - 2029
Burkina Faso (XOF bn) 4,719.590 2028 yearly 1985 - 2028
Burundi (BIF bn) 6,350.970 2028 yearly 1990 - 2028
Cambodia (KHR bn) 53,931.190 2028 yearly 1996 - 2028
Cameroon (XAF bn) 7,615.678 2029 yearly 2000 - 2029
Canada (CAD bn) 1,516.003 2029 yearly 1980 - 2029
Cape Verde (CVE bn) 95.916 2028 yearly 1994 - 2028
Central African Republic (XAF bn) 401.735 2028 yearly 1988 - 2028
Chad (XAF bn) 1,610.710 2028 yearly 1995 - 2028
Chile (CLP bn) 94,645.820 2028 yearly 1990 - 2028
China (RMB bn) 60,775.948 2029 yearly 1982 - 2029
Colombia (COP bn) 710,187.230 2028 yearly 1982 - 2028
Comoros (KMF bn) 148.616 2028 yearly 1984 - 2028
Congo (XAF bn) 2,363.800 2029 yearly 1989 - 2029
Costa Rica (CRC bn) 11,760.186 2029 yearly 1990 - 2029
Croatia (EUR bn) 43.076 2028 yearly 1992 - 2028
Cyprus (EUR bn) 14.710 2028 yearly 1995 - 2028
Czech Republic (CZK bn) 4,115.800 2028 yearly 1995 - 2028
Democratic Republic of Congo (CDF bn) 56,266.032 2029 yearly 1996 - 2029
Denmark (DKK bn) 1,679.330 2028 yearly 1980 - 2028
Djibouti (DJF bn) 226.720 2028 yearly 1990 - 2028
Dominica (XCD bn) 1.070 2028 yearly 1990 - 2028
Dominican Republic (DOP bn) 1,795.320 2028 yearly 1997 - 2028
Ecuador (USD bn) 49.173 2028 yearly 1995 - 2028
Egypt (EGP bn) 7,851.790 2028 yearly 1999 - 2028
El Salvador (SVC bn) 12.864 2028 yearly 1990 - 2028
Equatorial Guinea (XAF bn) 1,407.840 2028 yearly 1980 - 2028
Eritrea (ERN bn) 9.338 2019 yearly 1992 - 2019
Estonia (EUR bn) 22.310 2029 yearly 1995 - 2029
Swaziland (SZL bn) 39.173 2030 yearly 1981 - 2030
Ethiopia (ETB bn) 2,997.770 2028 yearly 1980 - 2028
Fiji (FJD bn) 5.348 2028 yearly 1992 - 2028
Finland (EUR bn) 184.110 2029 yearly 1980 - 2029
France (EUR bn) 1,903.819 2029 yearly 1980 - 2029
Gabon (XAF bn) 3,095.810 2028 yearly 1990 - 2028
Gambia (GMD bn) 48.615 2028 yearly 2000 - 2028
Georgia (GEL bn) 40.461 2029 yearly 1995 - 2029
Germany (EUR bn) 2,399.226 2029 yearly 1991 - 2029
Ghana (GHS bn) 422.653 2029 yearly 1980 - 2029
Greece (EUR bn) 118.753 2028 yearly 1980 - 2028
Grenada (XCD bn) 1.293 2028 yearly 1990 - 2028
Guatemala (GTQ bn) 160.532 2028 yearly 1995 - 2028
Guinea (GNF bn) 65,837.330 2028 yearly 1990 - 2028
Guinea-Bissau (GWP bn) 349.819 2028 yearly 1991 - 2028
Guyana (GYD bn) 905.157 2028 yearly 1997 - 2028
Haiti (HTG bn) 616.838 2029 yearly 1997 - 2029
Honduras (HNL bn) 331.467 2028 yearly 1990 - 2028
Hong Kong SAR, China (HKD bn) 899.376 2029 yearly 1982 - 2029
Hungary (HUF bn) 45,892.500 2028 yearly 1995 - 2028
Iceland (ISK bn) 2,549.568 2029 yearly 1980 - 2029
India (INR bn) 147,295.687 2030 yearly 1989 - 2030
Indonesia (IDR bn) 5,832,414.148 2029 yearly 1993 - 2029
Iran (IRR bn) 120,935,593.881 2030 yearly 1991 - 2030
Iraq (IQD bn) 179,493.930 2028 yearly 2004 - 2028
Ireland (EUR bn) 149.589 2028 yearly 1980 - 2028
Israel (ILS bn) 976.730 2028 yearly 2000 - 2028
Italy (EUR bn) 1,230.436 2029 yearly 1988 - 2029
Ivory Coast (XOF bn) 16,532.042 2029 yearly 1997 - 2029
Jamaica (JMD bn) 1,328.988 2030 yearly 1991 - 2030
Japan (JPY bn) 281,751.550 2029 yearly 1980 - 2029
Jordan (JOD bn) 14.366 2029 yearly 1985 - 2029
Kazakhstan (KZT bn) 41,918.930 2028 yearly 2002 - 2028
Kenya (KES bn) 5,655.330 2028 yearly 1982 - 2028
Kiribati (AUD bn) 0.502 2028 yearly 1990 - 2028
South Korea (KRW bn) 679,848.650 2028 yearly 1995 - 2028
Kosovo (EUR bn) 3.968 2028 yearly 2000 - 2028
Kuwait (KWD bn) 28.396 2028 yearly 1985 - 2028
Kyrgyzstan (KGS bn) 632.600 2028 yearly 1995 - 2028
Laos (LAK bn) 50,372.610 2022 yearly 2000 - 2022
Latvia (EUR bn) 21.865 2028 yearly 1998 - 2028
Lebanon (LBP bn) 61,857.670 2022 yearly 1990 - 2022
Lesotho (LSL bn) 31.496 2029 yearly 1983 - 2029
Liberia (LRD bn) 1.625 2029 yearly 2000 - 2029
Libya (LYD bn) 124.178 2029 yearly 1990 - 2029

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Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.8 Mar 2024 quarterly Dec 1995 - Mar 2024
Consolidated Fiscal Balance (USD mn) -138,026.800 Mar 2024 monthly Jan 1995 - Mar 2024
Tax Revenue (USD mn) 157,633.826 Mar 2024 monthly Jan 1995 - Mar 2024
Tax Revenue: % of GDP (%) 3.8 Mar 2024 quarterly Mar 1995 - Mar 2024
National Government Debt (USD mn) 4,229,989.2 2023 yearly 2005 - 2023
Government Debt: % of GDP (%) 22.7 Sep 2023 quarterly Mar 2014 - Sep 2023
Forecast: Government Expenditure (RMB bn) 60,775.948 2029 yearly 1982 - 2029
Forecast: Government Net Debt (RMB bn) 192,017.140 2029 yearly 1995 - 2029
Forecast: Government Revenue (RMB bn) 47,044.385 2029 yearly 1982 - 2029
Foreign Debts: Qtr: Long Term (USD mn) 1,084,700.000 Dec 2023 quarterly Jun 2003 - Dec 2023
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.732 2028 yearly 1998 - 2028
Export to Import Ratio (%) 133.003 Dec 2023 monthly Jan 1992 - Dec 2023
Trade Balance (USD mn) 72,351.7 Apr 2024 monthly Jan 1992 - Apr 2024
Total Exports (USD mn) 292,453.5 Apr 2024 monthly Jan 1992 - Apr 2024
Total Exports Growth (%) 28.1 Oct 2021 monthly May 2009 - Oct 2021
Aluminum: Exports (USD th) 26,004,555.285 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 7,336,060.515 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 16,671,966.370 2022 yearly 1995 - 2022
Total Imports (USD mn) 220,101.8 Apr 2024 monthly Jan 1992 - Apr 2024
Total Imports Growth (%) 20.8 Oct 2021 monthly May 2009 - Oct 2021
Imports: Medicament (USD th) 23,784,262.340 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 16,976,456.488 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 41,819.625 Apr 2024 monthly Jan 1981 - Apr 2024
Total Imports from USA (USD mn) 14,583.690 Apr 2024 monthly Jan 1981 - Apr 2024
Trade Index: Export: Quantum (Prev Year=100) 109.800 Apr 2024 monthly Jan 2005 - Apr 2024
Trade Index: Export: Value (Prev Year=100) 105.100 Apr 2024 monthly Jan 2005 - Apr 2024
Trade Index: Import: Value (Prev Year=100) 112.200 Apr 2024 monthly Jan 2005 - Apr 2024
Trade Index: Export: Unit Value (Prev Year=100) 95.600 Apr 2024 monthly Jan 2005 - Apr 2024
Trade Index: Import: Quantum (Prev Year=100) 109.600 Apr 2024 monthly Jan 2005 - Apr 2024
Trade Index: Import: Unit Value (Prev Year=100) 102.400 Apr 2024 monthly Jan 2005 - Apr 2024
Automobile: Exports: Total (USD mn) 18,385.808 Apr 2024 monthly Jan 2003 - Apr 2024
Automobile: Exports: MC: Bus (USD mn) 2,099.550 Apr 2024 monthly Jan 2003 - Apr 2024
Automobile: Exports: MC: Sedan (USD mn) 1,563.716 Apr 2024 monthly Jan 2003 - Apr 2024
Automobile: Exports: Motorcycle (USD mn) 603.872 Apr 2024 monthly Mar 2003 - Apr 2024
Automobile: Imports: Total (USD mn) 5,363.622 Apr 2024 monthly Jan 2003 - Apr 2024
Imports: Other, Apparatus Based on the Use of X-rays for Medical (USD th) 66,760.689 Mar 2018 monthly Jan 2003 - Mar 2018
Imports: Computed Tomography Apparatus (USD th) 92,098.563 Mar 2018 monthly Jan 2003 - Mar 2018
Exports: Massage Apparatus (USD th) 172,419.213 Mar 2018 monthly Jan 2003 - Mar 2018
Exports: Other Needles, Catheters, Cannulae and the Like (USD th) 96,906.178 Mar 2018 monthly Jan 2003 - Mar 2018
Imports: Other Needles, Catheters, Cannulae and the Like (USD th) 152,633.684 Mar 2018 monthly Jan 2003 - Mar 2018
Exports: Adhesive Plasters (USD th) 45,585.795 Mar 2018 monthly Jan 2003 - Mar 2018
CN: Steel: Import: Steel Product: Rod & Bar (Ton th) 62.410 Apr 2024 monthly Jan 2002 - Apr 2024
CN: Steel: Import: Steel Product: Sheet & Plate (Ton th) 544.909 Apr 2024 monthly Jan 2002 - Apr 2024
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 38,200.0 Mar 2024 quarterly Mar 1998 - Mar 2024
Current Account Balance (USD mn) 39,200.0 Mar 2024 quarterly Mar 1998 - Mar 2024
Current Account Balance: % of GDP (%) 1.0 Mar 2024 quarterly Mar 1998 - Mar 2024
Foreign Direct Investment (USD mn) 10,300.0 Mar 2024 quarterly Mar 1998 - Mar 2024
Foreign Direct Investment: % of GDP (%) 0.2 Mar 2024 quarterly Mar 1998 - Mar 2024
Foreign Portfolio Investment (USD mn) 45,812.551 Dec 2023 quarterly Mar 1998 - Dec 2023
Foreign Portfolio Investment: % of GDP (%) 1.0 Dec 2023 quarterly Mar 1998 - Dec 2023
Foreign Portfolio Investment: Equity Securities (USD mn) -13,685.6 Dec 2023 quarterly Mar 1998 - Dec 2023
Foreign Portfolio Investment: Debt Securities (USD mn) 59,498.171 Dec 2023 quarterly Mar 1998 - Dec 2023
External Debt (USD mn) 2,447,537.5 Dec 2023 quarterly Jun 2003 - Dec 2023
External Debt: % of GDP (%) 13.7 2023 yearly 1985 - 2023
External Debt: Short Term (USD mn) 1,362,800.0 Dec 2023 quarterly Jun 2003 - Dec 2023
External Debt: Short Term: % of GDP (%) 7.7 2023 yearly 1985 - 2023
Forecast: Current Account Balance (USD bn) 268.682 2029 yearly 1997 - 2029
Net International Investment Position (USD mn) 2,908,204.202 Dec 2023 quarterly Mar 2011 - Dec 2023
BoP: CA: Credit (USD mn) 899,100.000 Mar 2024 quarterly Mar 1998 - Mar 2024
BoP: Current Account (CA) (USD mn) 39,200.000 Mar 2024 quarterly Mar 1998 - Mar 2024
BoP: CA: Debit (USD mn) -859,900.000 Mar 2024 quarterly Mar 1998 - Mar 2024
BoP: CA: Goods (USD mn) 121,100.000 Mar 2024 quarterly Mar 1998 - Mar 2024
BoP: CA: Goods: Export (USD mn) 751,100.000 Mar 2024 quarterly Mar 1998 - Mar 2024
BoP: CA: Goods: Import (USD mn) -630,000.000 Mar 2024 quarterly Mar 1998 - Mar 2024
BoP: CA: Services (USD mn) -61,000.000 Mar 2024 quarterly Mar 1998 - Mar 2024
BoP: CA: Services: Credit (USD mn) 90,000.000 Mar 2024 quarterly Mar 1998 - Mar 2024
BoP: CA: Primary Income: Credit (USD mn) 48,800.000 Mar 2024 quarterly Mar 1998 - Mar 2024
BoP: CA: Services: Debit (USD mn) -151,100.000 Mar 2024 quarterly Mar 1998 - Mar 2024
BoP: CA: Primary Income (USD mn) -24,300.000 Mar 2024 quarterly Mar 1998 - Mar 2024
BoP: CA: Secondary Income (USD mn) 3,400.000 Mar 2024 quarterly Mar 1998 - Mar 2024
BoP: CA: Primary Income: Debit (USD mn) -73,100.000 Mar 2024 quarterly Mar 1998 - Mar 2024
BoP: CA: Secondary Income: Credit (USD mn) 9,200.000 Mar 2024 quarterly Mar 1998 - Mar 2024
BoP: Capital Account (USD mn) -81.481 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: CA: Secondary Income: Debit (USD mn) -5,800.000 Mar 2024 quarterly Mar 1998 - Mar 2024
BoP: Capital Account: Credit (USD mn) 100.000 Mar 2024 quarterly Mar 1998 - Mar 2024
BoP: Capital Account: Debit (USD mn) -100.000 Mar 2024 quarterly Mar 1998 - Mar 2024
BoP: FA: Asset (USD mn) -89,936.814 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: Financial Account (FA) (USD mn) -39,100.000 Mar 2024 quarterly Mar 1998 - Mar 2024
BoP: FA: Liability (USD mn) 43,382.626 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: FA: Non-reserve (USD mn) 4,300.000 Mar 2024 quarterly Mar 1998 - Mar 2024
BoP: FA: Non-reserve: Asset (USD mn) -77,416.174 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: FA: Reserve Asset (USD mn) -43,400.000 Mar 2024 quarterly Mar 1998 - Mar 2024
BoP: FA: Non-reserve: Liability (USD mn) 43,382.626 Dec 2023 quarterly Mar 1998 - Dec 2023
BoP: Net Errors and Omissions (USD mn) -9,555.840 Dec 2023 quarterly Mar 1998 - Dec 2023
CN: FDI: Utilized: ytd: Manufacturing (USD mn) 41,174.210 Dec 2018 quarterly Dec 1997 - Dec 2018
CN: FDI: Utilized: ytd: Mfg: Comm, Computer & Other Electronic Eq (USD mn) 8,408.270 Dec 2018 quarterly Mar 1999 - Dec 2018
CN: FDI: Utilized: ytd: Wholesale and Retail Trade (USD mn) 9,766.890 Dec 2018 quarterly Mar 2001 - Dec 2018
CN: FDI: Utilized: ytd: Real Estate (USD mn) 22,467.400 Dec 2018 quarterly Dec 1997 - Dec 2018
CN: FDI: Utilized: ytd: Leasing and Commercial Service (USD mn) 18,874.590 Dec 2018 quarterly Mar 2001 - Dec 2018
Outward Investment: Latin America: British Virgin Islands (USD mn) 9,115.950 2022 yearly 2003 - 2022
Outward Investment: Asia: Singapore (USD mn) 8,295.380 2022 yearly 2003 - 2022
Outward Investment: Latin America: Cayman Islands (USD mn) 5,762.380 2022 yearly 2003 - 2022
Outward Investment: Leasing and Commercial Service (USD mn) 33,700.000 2023 yearly 2003 - 2023
Outward Investment: Information Transmission, Software and Information Technolog... (USD mn) 4,900.000 2023 yearly 2003 - 2023
Outward Investment: Financial Intermediation (USD mn) 17,720.000 2023 yearly 2006 - 2023
Outward Investment: Wholesale and Retail Trade (USD mn) 29,200.000 2023 yearly 2003 - 2023
Outward Investment: Manufacturing (USD mn) 27,900.000 2023 yearly 2003 - 2023
Outward Investment: Hong Kong (USD mn) 97,534.230 2022 yearly 2003 - 2022
Outward Investment: United States (USD mn) 7,292.080 2022 yearly 2003 - 2022
Industrial Enterprise: No of Loss Making Enterprise (Unit) 158,834.000 Apr 2024 monthly Jan 1995 - Apr 2024
No of Business Entity: New Registration: ytd: Company (Unit mn) 9.040 Dec 2021 monthly Dec 2008 - Dec 2021
QFII: No of Institution: accumulated (Unit) 281.000 Apr 2015 monthly May 2003 - Apr 2015
QFII: Approved Investment Fund: accumulated (USD mn) 116,259.000 May 2020 monthly Jun 2003 - May 2020
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.6 Mar 2024 quarterly Mar 2005 - Mar 2024
Household Debt: % of GDP (%) 63.3 Mar 2023 quarterly Mar 2007 - Mar 2023
Non-Performing Loans (USD mn) 441,007.303 Jun 2022 quarterly Mar 2005 - Jun 2022
Money Supply M1 (USD mn) 9,472,189.749 Dec 2023 monthly Jan 1997 - Dec 2023
Money Supply M2 (USD mn) 41,556,514.880 Dec 2023 monthly Jan 1997 - Dec 2023
M2 Growth (%) 7.0 May 2024 monthly Mar 1997 - May 2024
Reserve Requirement Ratio (%) 7.0 May 2024 monthly Jan 1985 - May 2024
Foreign Exchange Reserves (USD mn) 3,232,039.0 May 2024 monthly Jan 1989 - May 2024
Foreign Exchange Reserves: Months of Import (NA) 14.7 May 2024 monthly Jan 2000 - May 2024
Gold Reserves (USD mn) 167,957.000 Apr 2024 monthly Dec 1977 - Apr 2024
Total Deposits (USD mn) 40,273,645.806 Apr 2024 monthly Jan 1997 - Apr 2024
Total Deposits Growth (%) 6.6 Apr 2024 monthly Jan 1998 - Apr 2024
Domestic Credit (USD mn) 46,786,914.9 May 2024 monthly Jun 1999 - May 2024
Domestic Credit Growth (%) 8.8 May 2024 monthly Jun 2000 - May 2024
Debt Service Ratio: Private Non-Financial Sector (%) 21.600 Sep 2023 quarterly Mar 1999 - Sep 2023
Credit to Households (USD bn) 10,659.804 Sep 2023 quarterly Mar 2006 - Sep 2023
Credit to Private Non-Financial Sector (USD bn) 39,191.732 Sep 2023 quarterly Dec 1985 - Sep 2023
Household Debt (USD mn) 11,185,511.3 May 2024 monthly Jan 2007 - May 2024
Total Loans (USD mn) 34,223,528.957 Apr 2024 monthly Jan 1997 - Apr 2024
Total Loans Growth (%) 9.56 Apr 2024 monthly Jan 1998 - Apr 2024
Private Debt: % of Nominal GDP (%) 200.56 Mar 2024 quarterly Dec 1992 - Mar 2024
Business and Economic Survey Last Frequency Range
Trade Policy Uncertainty Index (Index) 105.037 Apr 2024 monthly Jan 2000 - Apr 2024
Business Confidence Growth (% Point) 1.4 May 2024 monthly Jan 2006 - May 2024
Lagging Index (2015=100) 99.353 Feb 2020 monthly Jan 2001 - Feb 2020
Coincident Index (2015=100) 76.044 Feb 2020 monthly Jan 2001 - Feb 2020
Leading Index (2015=100) 92.852 Feb 2020 monthly Jan 2001 - Feb 2020
5000 Indu Enterprises: DI: General Business Condition (%) 49.700 Mar 2024 quarterly Jun 1992 - Mar 2024

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