Government Budget in Hong Kong decreased to -12 percent of GDP in 2020 from -1.30 percent of GDP in 2019. source: GovHK

Government Budget in Hong Kong averaged 0.80 percent of GDP from 1999 until 2020, reaching an all time high of 7.30 percent of GDP in 2007 and a record low of -12 percent of GDP in 2020. 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 April of 2021.

Government Budget in Hong Kong is expected to reach -6.00 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Hong Kong Government Budget is projected to trend around 0.10 percent of GDP in 2022 and 0.50 percent of GDP in 2023, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
Hong Kong Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-12.00 -1.30 7.30 -12.00 1999 - 2020 percent of GDP Yearly

Hong Kong Government Last Previous Highest Lowest Unit
Government Debt to GDP 38.40 37.00 38.40 13.70 percent [+]
Government Budget -12.00 -1.30 7.30 -12.00 percent of GDP [+]
Government Budget Value 2708.00 -166250.00 115653.00 -166250.00 HKD Million [+]
Government Spending 79518.00 79360.00 82905.00 7944.00 HKD Million [+]
Government Revenues 174709.00 64198.00 279400.00 1258.00 HKD Million [+]
Fiscal Expenditure 172001.00 230448.00 230448.00 1407.00 HKD Million [+]
Credit Rating 90.00 [+]


Hong Kong Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.