🇨🇳
China Fiscal Balance
-7.1% GDPas of 2024
China's fiscal balance stands at -7.1% GDP as of 2024. The indicator has decreased from -0.7% in 2014 to -7.1% in 2024. Source: IMF WEO.
Historical trend (2014–2024)
Fiscal Balance — Year by Year
| Year | Value | Change |
|---|---|---|
| 2014 | -0.7% GDP | — |
| 2015 | -2.5% GDP | -1.8pp |
| 2016 | -3.3% GDP | -0.8pp |
| 2017 | -3.3% GDP | 0.0pp |
| 2018 | -4.2% GDP | -0.9pp |
| 2019 | -6% GDP | -1.8pp |
| 2020 | -9.6% GDP | -3.6pp |
| 2021 | -5.9% GDP | +3.7pp |
| 2022 | -7.3% GDP | -1.4pp |
| 2023 | -6.7% GDP | +0.6pp |
| 2024 | -7.1% GDP | -0.4pp |
Source: IMF WEO. Data retrieved from World Bank WDI and IMF WEO databases. Values represent official estimates; may be subject to revision.