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China — Combined government deficit

millions of CNY · Annual · 1970–2031 · 51 observations

About this series

The combined government deficit series records the period's fiscal balance under the source's accounting and sign convention. A deficit indicates a shortfall; the series is a flow, not a debt stock. WED's combined-government scope requires source metadata.

The latest combined government deficit reading for China was −10.67T CNY in 2025. The previous reading was −8.75T CNY in 2024; the period change was −1.92T CNY. The corresponding ratio to GDP was −7.61% in 2025.

-20.00T-15.00T-10.00T-5.00T05.00T197020252031CNYSubscribe to view

Get the full series

  • Annual data, 1970–2031
  • The underlying source, downloadable

Latest observations

2021–2031

PeriodValue
2031-15.18T CNY
2030-14.34T CNY
2029-13.70T CNY
2028-13.25T CNY
2027-12.06T CNY
6 earlier values, back to 2021
2026-11.50T CNY
2025-10.67T CNY
2024-8.75T CNY
2023-7.62T CNY
2022-8.90T CNY
2021-5.11T CNY
Data release 2026_10_06_0823, published 6 Oct 2026.