Hong Kong recorded a Government Budget deficit equal to 1.30 percent of the country's Gross Domestic Product in 2019.
Government Budget in Hong Kong averaged 1.41 percent of GDP from 1999 until 2019, reaching an all time high of 7.30 percent of GDP in 2007 and a record low of -4.80 percent of GDP in 2001. This page provides - Hong Kong Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Hong Kong Government Budget - values, historical data and charts - was last updated on October of 2020. source: GovHK
Government Budget in Hong Kong is expected to reach -5.00 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Hong Kong Government Budget is projected to trend around 1.30 percent of GDP in 2021 and 1.20 percent of GDP in 2022, according to our econometric models.