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[SUMMARY] China Budget 2028
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AmericanNewt8 is
in
SUMMARY
Post Body
| Category | Information |
|---|---|
| Budget Year | 2028 |
| Country Name | China |
| Gov. Corruption | 15.00 % |
| Budgetary Shock | . % |
| Category | Information |
|---|---|
| Nominal GDP | $20,133,248.16 M |
| GDP Growth | -1% |
| Nominal Budget | $5,536,643.24 M |
| Population | 1430.16 M |
| GDP Per Capita | $14077.66 |
| Spendable Budget | $4,706,147.03 M |
| Allocations Budget | $141,189.41 M |
| Allocations % | 30. % |
| Foreign Military Financing | $5. M |
| Category | Information |
|---|---|
| Taxes [%GDP] | 24.% |
| Spending [%GDP] | 27.5% |
| Deficit/Surplus [USD] | -$704,663.69 M |
| Category | Information |
|---|---|
| China's Debt | $28,252. M |
| New Bonds (Debt) Issued | $704,663.69 M |
| Total Government Debt | $732,915.69 M |
| Debt to GDP % | 3.64% |
| Credit Rating | A |
| Interest Paid on Debt | 2% |
| Spending Categories | % of Budget | % of GDP | Actual Expenditure | Nominal Expenditure |
|---|---|---|---|---|
| Defense | 10.00% | 2.34% | $470,614.70 M | $553,664.32 M |
| Government General | 11.01% | 2.57% | $518,146.79 M | $609,584.42 M |
| Infrastructure & Transportation | 14.22% | 3.32% | $669,214.11 M | $787,310.67 M |
| Energy, Resources, Agriculture, & Environment | 14.25% | 3.33% | $670,625.95 M | $788,971.66 M |
| Welfare, Health Care, and Social Security | 14.31% | 3.34% | $673,449.64 M | $792,293.65 M |
| Research, Science & Technology | 1.88% | 0.44% | $88,475.56 M | $104,088.89 M |
| Education | 11.01% | 2.57% | $518,146.79 M | $609,584.42 M |
| Internal Security | 7.00% | 1.64% | $329,430.29 M | $387,565.03 M |
| Space | 2.00% | 0.47% | $94,122.94 M | $110,732.86 M |
| Provincial And Local Grants | 20.00% | 4.68% | $941,229.41 M | $1,107,328.65 M |
| FDI | 3.00% | 0.70% | $141,184.41 M | $166,099.30 M |
| Interest Payments | .31% | .07% | $14,658.31 M | $14,658.31 M |
| Total Percent of Budget Allocated: | 109% | 25.48% | $5,129,298.91 M | $5,536,643.24 M |
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