The ratio of government expenditure to GDP in China was forecast to continuously increase between 2024 and 2029 by in total 1.3 percentage points. According to this forecast in 2029, the ratio will have increased for the fifth consecutive year to 34.84 percent. Depicted here is the general government expenditure as a share of the national gross domestic product. According to the International Monetary Fund, the general government expenditure consists of total expense and the net acquisition of nonfinancial assets. The gross domestic product represents the total value of final goods and services produced during a year.
Find more key insights for the ratio of government expenditure to GDP in countries like Taiwan, Mongolia and South Korea.
Public spending ratio in China from 2012 to 2024 with forecasts until 2029
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IMF. (April 22, 2024). Public spending ratio in China from 2012 to 2024 with forecasts until 2029 [Graph]. In Statista. Retrieved October 09, 2024, from https://www.statista.com/statistics/236299/public-spending-ratio-in-china/
IMF. "Public spending ratio in China from 2012 to 2024 with forecasts until 2029." Chart. April 22, 2024. Statista. Accessed October 09, 2024. https://www.statista.com/statistics/236299/public-spending-ratio-in-china/
IMF. (2024). Public spending ratio in China from 2012 to 2024 with forecasts until 2029. Statista. Statista Inc.. Accessed: October 09, 2024. https://www.statista.com/statistics/236299/public-spending-ratio-in-china/
IMF. "Public Spending Ratio in China from 2012 to 2024 with Forecasts until 2029." Statista, Statista Inc., 22 Apr 2024, https://www.statista.com/statistics/236299/public-spending-ratio-in-china/
IMF, Public spending ratio in China from 2012 to 2024 with forecasts until 2029 Statista, https://www.statista.com/statistics/236299/public-spending-ratio-in-china/ (last visited October 09, 2024)
Public spending ratio in China from 2012 to 2024 with forecasts until 2029 [Graph], IMF, April 22, 2024. [Online]. Available: https://www.statista.com/statistics/236299/public-spending-ratio-in-china/