China: Government spending, percent of GDP

* indicates monthly or quarterly data series
 China

Government spending as percent of GDP

 Latest value 16.71
 Year 2024
 Measure percent
 Data availability 1960 - 2024
 Average 14.31
 Min - Max 11.06 - 17.60
 Source The World Bank
The latest value from 2024 is 16.71 percent, a decline from 17.19 percent in 2023. In comparison, the world average is 16.86 percent, based on data from 164 countries. Historically, the average for China from 1960 to 2024 is 14.31 percent. The minimum value, 11.06 percent, was reached in 1967 while the maximum of 17.6 percent was recorded in 2020. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent data
China - Government spending, percent of GDP - Recent values chart

Historical series
China - Government spending, percent of GDP - historical chart - 1960-2024




The government size of China and other countries is calculated as the total government spending as percent of GDP.
Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation.

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 Related indicators Latest Reference Measure
 Government spending, percent of GDP 16.71 2024 percent
 Government spending, in dollars 3,129.44 2024 billion U.S. dollars
 Fiscal balance, percent of GDP -7.34 2024 percent
 Primary budget balance -6.39 2024 percent
 Long-term interest rate 1.71 5/2026 percent
 Tax revenue 7.02 2024 percent
 Commercial tax rate 59.20 2019 percent
 Tax preparation time 138 2019 hours
 Taxes on goods and services 28.26 2024 percent
 Taxes on international trade 1.25 2024 percent
 Income and profits taxes 17.46 2024 percent
 Foreign aid -267.16 2023 million U.S. dollars
 Government debt 88.32 2024 percent
 Government debt held by non-residents 2.63 2024 percent
 Sovereign debt average maturity 6.16 2024 percent
 Short-term government debt 7.40 2024 percent
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