24Peaks / Asia / China / Government Economic Affairs Expenditure (% of GDP)

China - Government Economic Affairs Expenditure (% of GDP) 8.96

IMF Government Finance Statistics · updated 2026-10-03 · 77 economies tracked

Latest value

8.96 (2024)

Global rank

##1 of 77 economies

Share of global total

4.4%

Growth since 2017

1.31×

Ranking Race — Government Economic Affairs Expenditure (% of GDP)

1 = global #1 · higher value ranks higher

#1#10#19#28#37#46#55201720222025#8#12023 overtook Greece2024 overtook Kiribati
ChinaTürkiyeNew ZealandMauritius

Real annual global ranks, 2017 - 2025. China climbed from #8 to #1 (overtook Greece). Gaps in a lane = missing data that year.

Key events for China ↓

Key Events — China

Auto-detected from rank data + curated milestones

2023
Overtook Greece in global rank auto
2024
Overtook Kiribati in global rank auto

Government Economic Affairs Expenditure (% of GDP), 2017-2024

IMF Government Finance Statistics · % of GDP · linear scale · ranking in the race above
2017202220246.837.738.639.53
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