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[SUMMARY] China Budget 2023
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AmericanNewt8 is
in
SUMMARY
Post Body
| Category | Information |
|---|---|
| Budget Year | 2023 |
| Country Name | China |
| Gov. Corruption | 15.00 % |
| Budgetary Shock | . % |
| Category | Information |
|---|---|
| Nominal GDP | $18,191,296.72 M |
| GDP Growth | 7% |
| Nominal Budget | $4,365,911.21 M |
| Population | 1411.71 M |
| GDP Per Capita | $12886.02 |
| Spendable Budget | $3,711,024.8 M |
| Allocations Budget | $105,769.21 M |
| Allocations % | 30. % |
| Foreign Military Financing | $5. M |
| Category | Information |
|---|---|
| Taxes [%GDP] | 22.% |
| Spending [%GDP] | 24.% |
| Deficit/Surplus [USD] | -$363,825.93 M |
| Category | Information |
|---|---|
| China's Debt | $28,252. M |
| New Bonds (Debt) Issued | $363,825.93 M |
| Total Government Debt | $392,077.93 M |
| Debt to GDP % | 2.16% |
| Credit Rating | A |
| Interest Paid on Debt | 2% |
| Spending Categories | % of Budget | % of GDP | Actual Expenditure | Nominal Expenditure |
|---|---|---|---|---|
| Defense | 9.50% | 1.94% | $352,547.36 M | $414,761.57 M |
| Government General | 11.01% | 2.25% | $408,583.83 M | $480,686.82 M |
| Infrastructure & Transportation | 14.22% | 2.90% | $527,707.73 M | $620,832.57 M |
| Energy, Resources, Agriculture, & Environment | 14.25% | 2.91% | $528,821.03 M | $622,142.35 M |
| Welfare, Health Care, and Social Security | 14.31% | 2.92% | $531,047.65 M | $624,761.89 M |
| Research, Science & Technology | 1.88% | 0.38% | $69,767.27 M | $82,079.13 M |
| Education | 11.01% | 2.25% | $408,583.83 M | $480,686.82 M |
| Internal Security | 7.00% | 1.43% | $259,771.74 M | $305,613.78 M |
| Space | 2.00% | 0.41% | $74,220.50 M | $87,318.22 M |
| Provincial And Local Grants | 20.00% | 4.08% | $742,204.96 M | $873,182.24 M |
| FDI | 3.00% | 0.61% | $111,330.74 M | $130,977.34 M |
| Interest Payments | .21% | .04% | $7,841.56 M | $7,841.56 M |
| Total Percent of Budget Allocated: | 108% | 22.11% | $4,022,428.19 M | $4,365,911.21 M |
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