China: Grants and other revenue (current LCU)

Key figures

What the numbers say

In 2024, China's grants and other revenue (current LCU) rose 44.7% on 2023 (from 1.27 trillion to 1.84 trillion).

Across the 18 yearly changes before that (2006 to 2023), the average change was +33.1% and a typical year strayed about 126.5% from that (the standard deviation). This year's change was 0.1 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 528.3% in 2007 and the biggest yearly fall was 75.7% in 2008. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2015 to 2024 there is no clear straight-line trend: a straight line explains 28% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2024, China had the 17th highest value of the 81 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to China in the 2024 ranking

• Türkiye — 13th of 81: 3.02 trillion
• Costa Rica — 14th of 81: 2.62 trillion
• Madagascar — 15th of 81: 2.24 trillion
• Ukraine — 17th of 81: 1.51 trillion
• Rwanda — 18th of 81: 1.5 trillion
• Malawi — 19th of 81: 940.33 billion

What this measures

Grants are transfers receivable by government units, from other resident or nonresident government units or international organizations, that do not meet the definition of a tax, subsidy, or social contribution. Other revenue is all revenue receivable excluding taxes, social contributions, and grants. This category of revenue includes property income, sales of goods and services, and miscellaneous other types of revenue. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.

Limitations: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD).

All 20 values

Grants and other revenue (current LCU) in nearby economies

• Australia — 71.28 billion (2022)
• Cambodia — 4.51 trillion (2023)
• Fiji — 564.11 million (2024)
• Kiribati — 315.17 million (2023)
• Korea, Rep. — 133.59 trillion (2024)
• Lao PDR — 5.82 trillion (2022)
• Macao SAR, China — 16.91 billion (2024)
• Malaysia — 84.43 billion (2024)
• Marshall Islands — 129.79 million (2020)
• Micronesia, Fed. Sts. — 111.58 million (2020)

More public sector data for China

• Arms exports (SIPRI trend indicator values) — 880 million (2025)
• Arms imports (SIPRI trend indicator values) — 207 million (2025)
• Military expenditure (current USD) — 335.52 billion (2025)
• Military expenditure (current LCU) — 2.41 trillion (2025)
• Military expenditure (% of GDP) — 1.72% (2025)
• Military expenditure (% of general government expenditure) — 5.12% (2025)
• Armed forces personnel, total — 2.54 million (2020)
• Armed forces personnel (% of total labor force) — 0.33% (2020)
• Intentional homicides (per 100,000 people) — 0.5 (2020)
• Statistical performance indicators (SPI): Pillar 1 data use score (scale 0-100)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
• Data analysis examples: 6 worked from one dataset — 3 min read
• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is China's grants and other revenue (current LCU)?

1.84 trillion in 2024, according to the World Bank (World Development Indicators).

How has it changed since 2005?

It is up 585.24% from 269 billion in 2005 (10.66% a year on average, compounded). The highest value was 1.97 trillion in 2007 and the lowest 269 billion in 2005.

How does China rank?

17th highest of 81 economies with data for 2024.

Is the latest change in grants and other revenue (current LCU) unusual for China?

In 2024, China's grants and other revenue (current LCU) rose 44.7% on 2023 (from 1.27 trillion to 1.84 trillion). Across the 18 yearly changes before that (2006 to 2023), the average change was +33.1% and a typical year strayed about 126.5% from that (the standard deviation). This year's change was 0.1 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator GC.REV.GOTR.CN, licensed CC BY 4.0. Original source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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