China: Government spending, in dollars

* indicates monthly or quarterly data series
 China

Government spending, billion USD

 Latest value 2,870.05
 Year 2022
 Measure billion U.S. dollars
 Data availability 1960 - 2022
 Average 485.31
 Min - Max 5.99 - 2,870.05
 Source The World Bank
The latest value from 2022 is 2870.05 billion U.S. dollars, an increase from 2817.08 billion U.S. dollars in 2021. In comparison, the world average is 104.05 billion U.S. dollars, based on data from 155 countries. Historically, the average for China from 1960 to 2022 is 485.31 billion U.S. dollars. The minimum value, 5.99 billion U.S. dollars, was reached in 1962 while the maximum of 2870.05 billion U.S. dollars was recorded in 2022. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
China - Government spending, in dollars - Recent values chart

Historical series
China - Government spending, in dollars - historical chart - 1960-2022




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. Data are in current U.S. dollars.

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 Related indicators Latest Reference Measure
 Government spending, percent of GDP 16.01 2022 percent
 Government spending, in dollars 2,870.05 2022 billion U.S. dollars
 Fiscal balance, percent of GDP -4.60 2023 percent
 Government debt 83.64 2023 percent
 Long-term interest rate 2.15 7/2024 percent
 Tax revenue 7.97 2021 percent
 Commercial tax rate 59.20 2019 percent
 Tax preparation time 138 2019 hours
 Number of taxes 7 2019 taxes
 Taxes on goods and services 31.23 2021 percent
 Taxes on international trade 1.67 2021 percent
 Income and profits taxes 20.39 2021 percent
 Foreign aid -565.36 2021 million U.S. dollars
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