Budget balance — all countries

Budget balance — China

Budget balance in China in 2031 — -8%. Ranked 175 in the world out of 188. Since 1982, the indicator has fallen by 8.2 pp.

2031 -8% +0 pp vs 2030
World rank 175of 188
Period maximum 0.9%1985
Period minimum -9.6%2020

Trend over time

1982–2031 · % of GDP

Budget balance — China, 1982–2031-10-505198219871992199720022007201220172022202720311982: 0.2%1983: 0%1984: 0.1%1985: 0.9%1986: -0.3%1987: -0.7%1988: -1%1989: -0.9%1990: -0.7%1991: -1%1992: -1.2%1993: -0.9%1994: -1.7%1995: -0.9%1996: -0.7%1997: -0.7%1998: -1.1%1999: -2.3%2000: -2.8%2001: -2.6%2002: -2.8%2003: -2.4%2004: -1.5%2005: -1.4%2006: -1.1%2007: 0.1%2008: 0%2009: -1.7%2010: -0.4%2011: -0.1%2012: -0.3%2013: -0.8%2014: -0.7%2015: -2.5%2016: -3.3%2017: -3.3%2018: -4.2%2019: -6%2020: -9.6%2021: -5.9%2022: -7.3%2023: -6.7%2024: -7.1%2025: -7.9%2026: -8.2%2027: -8.4%2028: -8.2%2029: -8%2030: -8%2031: -8%
Change over the period: −8.2 pp Annual average: -0.17 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: China

China -8%
World computed -4.85%
East Asia & Pacific computed -5.66%
Eastern Asia computed -6.66%
Budget balance — China, by year China All countries CSV XLSX
Year % Change, pp
2031 -8 +0 pp
2030 -8 +0 pp
2029 -8 +0.2 pp
2028 -8.2 +0.2 pp
2027 -8.4 −0.2 pp
2026 -8.2 −0.3 pp
2025 -7.9 −0.8 pp
2024 -7.1 −0.4 pp
2023 -6.7 +0.6 pp
2022 -7.3 −1.4 pp
2021 -5.9 +3.7 pp
2020 -9.6 −3.6 pp
2019 -6 −1.8 pp
2018 -4.2 −0.9 pp
2017 -3.3 +0 pp
2016 -3.3 −0.8 pp
2015 -2.5 −1.8 pp
2014 -0.7 +0.1 pp
2013 -0.8 −0.5 pp
2012 -0.3 −0.2 pp
2011 -0.1 +0.3 pp
2010 -0.4 +1.3 pp
2009 -1.7 −1.7 pp
2008 0 −0.1 pp
2007 0.1 +1.2 pp
2006 -1.1 +0.3 pp
2005 -1.4 +0.1 pp
2004 -1.5 +0.9 pp
2003 -2.4 +0.4 pp
2002 -2.8 −0.2 pp
2001 -2.6 +0.2 pp
2000 -2.8 −0.5 pp
1999 -2.3 −1.2 pp
1998 -1.1 −0.4 pp
1997 -0.7 +0 pp
1996 -0.7 +0.2 pp
1995 -0.9 +0.8 pp
1994 -1.7 −0.8 pp
1993 -0.9 +0.3 pp
1992 -1.2 −0.2 pp
1991 -1 −0.3 pp
1990 -0.7 +0.2 pp
1989 -0.9 +0.1 pp
1988 -1 −0.3 pp
1987 -0.7 −0.4 pp
1986 -0.3 −1.2 pp
1985 0.9 +0.8 pp
1984 0.1 +0.1 pp
1983 0 −0.2 pp
1982 0.2

Eastern Asia, 2031

The same indicator for neighboring countries — with links to their pages

About the indicator

Net lending or net borrowing of general government as a percent of GDP — what is commonly called the budget deficit, taken with a plus sign when there is a surplus. General government includes regions, local authorities and extrabudgetary funds, so the quantity is fuller than the balance of the central budget alone. The IMF series runs with a forecast several years ahead.

Important: Negative values are deficits. Accumulated deficits are what government debt is, so the two indicators are worth looking at together: a country can live with a deficit for years and carry a small debt all the same, if its economy grows faster.

Source: World Economic Outlook (IMF), license IMF open data.