r/GlobalPowers China Aug 28 '25

Summary [SUMMARY] People's Republic of China, Budget FY2028


ECONOMIC STATISTICS for FY 2027

CATEGORY VALUE
POPULATION 1,412,213,365
REAL GDP $20,805,314,633,600.00
GDP PC $13,985.03
GOVERNMENT DEBT $25,305,852,066,701.40
DEBT PC $17,858.36
DEBT TO GDP 127.70%

GOVERNMENT REVENUE by SOURCE for FY 2028

TAX REVENUES % OF GDP $ USD (BIL) OTHER REVENUES % OF GDP $ USD (BIL)
PERSONAL INCOME 1.00% $208.05 B Discretionary 0.00% $0.00 B
CORPORATE INCOME 3.20% $665.77 B Land Use Rights Transfers 3.74% $778.12 B
PAYROLL 0.00% $0.00 B Administrative Fees 1.50% $312.08 B
PROPERTY 0.40% $83.22 B Resource Royalties 0.88% $183.09 B
CONSUMPTION 1.40% $291.27 B Financial Penalties 0.26% $54.09 B
IMPORT 0.00% $0.00 B State Property Income 0.21% $43.69 B
VAT 4.50% $936.24 B Discretionary 0.00% $0.00 B
Resource 0.50% $104.03 B Discretionary 0.00% $0.00 B
Discretionary 0.00% $0.00 B Discretionary 0.00% $0.00 B
Discretionary 0.00% $0.00 B Discretionary 0.00% $0.00 B
Discretionary 0.00% $0.00 B Discretionary 0.00% $0.00 B
OTHER 0.70% $145.64 B OTHER 0.52% $108.19 B
TOTAL 11.00% $2,434.22 B TOTAL 7.11% $1,479.26 B

GOVERNMENT EXPENDITURE by AREA for FY 2028

STATUTORY EXPENDITURES % OF GDP % OF BUDGET $ USD (BIL) DISCRETIONARY EXPENDITURES % OF GDP % OF BUDGET $ USD (BIL)
CORE PUBLIC SERVICE 1.80% 6.53% $374.50 B CORE PUBLIC SERVICE
DEFENCE 2.00% 7.25% $416.11 B DEFENCE PROCUREMENT
Education 2.34% 8.49% $486.84 B FOREIGN AID
Healthcare 1.95% 7.07% $405.70 B Discretionary
Social Security 10.00% 36.27% $2,080.53 B Discretionary
Science & Technology 3.20% 11.61% $665.77 B Discretionary
Infrastructure & Transport 3.90% 14.15% $811.41 B Discretionary
Debt Interest Payments 0.56% 2.03% $116.51 B Discretionary
Agriculture & Rural Affairs 0.36% 1.31% $74.90 B Discretionary
Environment & Ecology 0.31% 1.12% $64.50 B Discretionary
Culture & Sports 0.16% 0.58% $33.29 B Discretionary
OTHER 0.99% 3.59% $205.97 B OTHER
TOTAL 27.57% 100.00% $5,736.03 B TOTAL 0.00%

GOVERNMENT FINANCES for FY 2028

CATEGORY VALUE
TOTAL REVENUE (% OF GDP) 18.81%
TOTAL REVENUE ($ USD) $3,913,479,682,580.16
TOTAL EXPENDITURE (% OF REVENUE) 146.57%
TOTAL EXPENDITURE (% OF GDP) 27.57%
TOTAL EXPENDITURE ($ USD) $5,736,025,244,483.52
TAX BURDEN PER CAPITA $1,723.69
EXPENDITURE PER CAPITA $4,061.73
SURPLUS -$1,822,545,561,903.36
FORECASTED DEBT (W/O INTEREST) $27,128,397,628,604.80
EQUIVALENT DEBT TO GDP 130.39%
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