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China - Fiscal Balance -7.01

World Bank MPO (Spring 2026) · updated 2026-10-03 · 142 economies tracked

Latest value

-7.01 (2028)

Global rank

##128 of 142 economies

Share of global total

1.6%

Growth since 2004

16.3×

Ranking Race — Fiscal Balance

1 = global #1 · higher value ranks higher

#1#24#47#70#93#116#139198019902000201020202028#39#1282027 overtook India2028 overtook Egypt, Arab Rep.
ChinaQatarUnited Arab EmiratesLesothoOman

Real annual global ranks, 1980 - 2028. China climbed from #39 to #128 (overtook India). Gaps in a lane = missing data that year.

Key events for China ↓

Key Events — China

Auto-detected from rank data + curated milestones

2001
WTO accession curated

Joins the World Trade Organization, accelerating trade integration.

2007
Climbed 22 places in global rank auto
2010
World's second-largest economy curated

GDP overtakes Japan to become the world's second-largest economy.

2015
Fell 34 places in global rank auto
2015
Stock market turbulence curated

Sharp equity market swings and currency pressure test the economy.

2018
Fell 30 places in global rank auto
2019
Fell 21 places in global rank auto
2021
Climbed 31 places in global rank auto

Fiscal Balance, 2004-2028

World Bank MPO (Spring 2026) · % of GDP · linear scale · ranking in the race above
200420092014201920242028-8.36-4.95-1.531.88

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