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Government Expenditure (As % of GDP) in China

Source: World Bank, National Statistical Office, IMF estimates (Oct 2020)
Last Updated: Feb 8, 2021

Government expenditure as a share of GDP reached 34.0 % in 2019 in China, according to the National Statistical Office. This is 3.17 % more than in the previous year.

Historically, government expenditure as a share of GDP in China reached an all time high of 34.0 % in 2019 and an all time low of 11.1 % in 1996. When compared to China's main peers, government expenditure as a share of GDP in India amounted to 27.5 %, 37.7 % in Japan, 33.6 % in Russia and 35.7 % in USA in 2019.

China has been ranked 61st within the group of 172 countries we follow in terms of government expenditure as a share of GDP, 45 places above the position seen 10 years ago.

Government expenditure (or spending) includes all government consumption and investment but excludes transfer payments made by a state.

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