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China: General government deficit (% of GDP)

Percent of GDP · 1982–2025 · 44 observations · forecasts to 2031 · gen_govdef_GDP

2025
−5.09%percent of GDP
Change on 2024
+2.5 pointsfrom −7.57%
Average, 2016–2025
−5.21%10 years
Record high and low
1.83% (2007)low −7.57% (2024)

General government deficit (% of GDP)

Report error
-10%-8%-6%-4%-2%0%2%19902000201020202030ChinaChina
ForecastPercent of GDP

Compare with other countries →Definition of General government deficit (% of GDP)

Recent values

Percent of GDP

YearValue
2031-8.01Forecast
2030-7.98Forecast
2029-8.03Forecast
2028-8.21Forecast
2027-8.36Forecast
2026-6.82Forecast
2025-5.09
2024-7.57
2023-6.69
2022-6.54
2021-6.43
2020-6.77
2019-3.73
2018-3.13
2017-3.12
2016-3.01

Sources

  • IMF World Economic Outlook1982–2024
  • IMF Fiscal Policy Panel1989–2023
  • OECD Economic Outlook1995–2025
  • Asian Development Bank2000–2025
  • IMF WEO (forecast)2024–2031
  • OECD Economic Outlook (forecast)2025–2027

Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

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