Chinese Budget Revenue and Expenditure

Topic: Economics
Source: Chinese Ministry of Finance

China’s Ministry of Finance publishes regular data on the government’s spending and revenue. While difficult to parse, the data provides important insights into China’s spending priorities and its overall fiscal health.

China’s official 2023 government deficit is pegged at about 3 percent of Chinese GDP, but the full deficit—which accounts for other spending areas—is 7.4 percent of GDP. View