China: Government deficit (% of GDP)
Percent of GDP · 1982–2025 · 44 observations · forecasts to 2031 · govdef_GDP
- 2025
- −7.61%percent of GDP
- Change on 2024
- −1.1 pointsfrom −6.49%
- Average, 2016–2025
- −5.19%10 years
- Record high and low
- 1.83% (2007)low −7.61% (2025)
Government deficit (% of GDP)
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ForecastPercent of GDP
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Compare with other countries →Definition of Government deficit (% of GDP)
Recent values
Percent of GDP
| Year | Value | |
|---|---|---|
| 2031 | -8.01 | Forecast |
| 2030 | -7.98 | Forecast |
| 2029 | -8.03 | Forecast |
| 2028 | -8.21 | Forecast |
| 2027 | -7.88 | Forecast |
| 2026 | -7.88 | Forecast |
| 2025 | -7.61 | |
| 2024 | -6.49 | |
| 2023 | -5.89 | |
| 2022 | -7.22 | |
| 2021 | -4.35 | |
| 2020 | -6.71 | |
| 2019 | -4.22 | |
| 2018 | -3.65 | |
| 2017 | -2.91 | |
| 2016 | -2.85 |
Sources
This series is derived from other GMD variables.
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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