Public spending ratio in China 2012-2029
The ratio of government expenditure to GDP in China was forecast to continuously increase between 2024 and 2029 by in total 1.6 percentage points. After the sixth consecutive increasing year, the ratio is estimated to reach 35.43 percent and therefore a new peak in 2029.
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.
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.
