Hong Kong recorded a government budget deficit of 53728 HKD Million in the third quarter of 2018. Government Budget Value in Hong Kong averaged 4352.94 HKD Million from 1976 until 2018, reaching an all time high of 108170 HKD Million in the fourth quarter of 2016 and a record low of -53728 HKD Million in the third quarter of 2018.

Government Budget Value in Hong Kong is expected to be 67897.00 HKD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Budget Value in Hong Kong to stand at -26459.00 in 12 months time. In the long-term, the Hong Kong Government Budget Value is projected to trend around 55134.00 HKD Million in 2020, according to our econometric models.

Hong Kong Government Budget Value
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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 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. This page provides - Hong Kong Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Hong Kong Government Budget Value - actual data, historical chart and calendar of releases - was last updated on January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-53728.00 -38136.00 108170.00 -53728.00 1976 - 2018 HKD Million Quarterly
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Country Last Previous
Argentina -33770.20 Nov/18
Australia 6068.00 Nov/18
Brazil -50631.00 Nov/18
Canada -1113.00 Oct/18
China -286.50 Nov/18
France -95.64 Nov/18
Germany 36.06 Jun/18
India -7166.25 Dec/18
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Mexico -40905.70 Nov/18
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Russia 3394.30 Nov/18
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South Korea 37409.00 Nov/18
Spain -12378.00 Nov/18
Switzerland 2176.00 Dec/19
Turkey 5198837.00 Nov/18
United Kingdom -3181.00 Nov/18
United States -205000.00 Nov/18


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