Hong Kong recorded a government budget deficit of 113784 HKD Million in the second quarter of 2022. source: Census and Statistics Department, Hong Kong

Government Budget Value in Hong Kong averaged 2501.52 HKD Million from 1976 until 2022, reaching an all time high of 115653 HKD Million in the fourth quarter of 2018 and a record low of -166250 HKD Million in the third quarter of 2020. This page provides - Hong Kong Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Hong Kong Government Budget Value - values, historical data and charts - was last updated on September of 2022.

Government Budget Value in Hong Kong is expected to be -120000.00 HKD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Hong Kong Government Budget Value is projected to trend around 36500.00 HKD Million in 2023, according to our econometric models.

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Hong Kong Government Budget Value

Related Last Previous Unit Reference
Government Budget Value -113784.00 2033.00 HKD Million Jun 2022
Government Spending 95488.00 100575.00 HKD Million Jun 2022
Government Revenues 59605.00 181052.00 HKD Million Jun 2022
Fiscal Expenditure 173389.00 179019.00 HKD Million Jun 2022

Hong Kong Government Budget Value
The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.
Actual Previous Highest Lowest Dates Unit Frequency
-113784.00 2033.00 115653.00 -166250.00 1976 - 2022 HKD Million Quarterly
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