In 2021, general government total expenditure for China was 37,435 billion LCU. Between 2002 and 2021, general government total expenditure of China grew substantially from 2,240 to 37,435 billion LCU rising at an increasing annual rate that reached a maximum of 45.92% in 2008 and then decreased to 3.10% in 2021.
The description is composed by our digital data assistant.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.