Hong Kong recorded a Government Budget surplus equal to 2.20 percent of the country's Gross Domestic Product in 2017. Government Budget in Hong Kong averaged 1.34 percent of GDP from 1999 until 2017, 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.

Government Budget in Hong Kong is expected to be 2.00 percent of GDP 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 is projected to trend around 1.50 percent of GDP in 2020, according to our econometric models.

Hong Kong Government Budget
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Hong Kong Government Last Previous Highest Lowest Unit
Government Debt to GDP 38.40 37.00 38.40 13.70 percent [+]
Government Budget 2.20 4.40 7.30 -4.80 percent of GDP [+]
Government Budget Value -53728.00 -38136.00 108170.00 -53728.00 HKD Million [+]
Government Spending 66489.00 63719.00 69073.00 7504.00 HKD Million [+]
Government Revenues 49642.00 70376.00 196647.00 1258.00 HKD Million [+]
Fiscal Expenditure 103370.00 108512.00 108512.00 1407.00 HKD Million [+]
Credit Rating 94.92 [+]


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. This page provides - Hong Kong Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Hong Kong Government Budget - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
2.20 4.40 7.30 -4.80 1999 - 2017 percent of GDP Yearly




Country Last Previous
Argentina -3.90 Dec/17
Australia -1.90 Dec/17
Brazil -7.80 Dec/17
Canada -0.90 Dec/17
China -3.50 Dec/17
Euro Area -0.90 Dec/17
France -2.60 Dec/17
Germany 1.30 Dec/17
India -3.53 Dec/17
Indonesia -2.50 Dec/17
Italy -2.30 Dec/17
Japan -4.50 Dec/17
Mexico -2.90 Dec/17
Netherlands 1.10 Dec/17
Russia -1.50 Dec/17
Saudi Arabia -8.90 Dec/17
Singapore 0.30 Dec/17
South Africa -4.60 Dec/17
South Korea -2.00 Dec/17
Spain -3.10 Dec/17
Switzerland 1.20 Dec/17
Turkey -1.50 Dec/17
United Kingdom -2.30 Dec/17
United States -3.50 Dec/17


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