In 2017, general government total expenditure for China was 26,259 billion LCU. Between 1998 and 2017, general government total expenditure of China grew substantially from 1,080 to 26,259 billion LCU rising at an increasing annual rate that reached a maximum of 45.92 % in 2008 and then decreased to 10.29 % in 2017.The description is composed by Yodatai, our digital data assistant. Have a question? Ask Yodatai ›
Total expenditure consists of total expense and the net acquisition of non-financial assets. Note: Apart from being on an accrual basis, total expenditure differs from the GFSM 1986 definition of total expenditure in the sense that it also takes the disposals of non-financial assets into account.