Government Spending in Hong Kong increased to 66489 HKD Million in the third quarter of 2018 from 63719 HKD Million in the second quarter of 2018. Government Spending in Hong Kong averaged 35048.76 HKD Million from 1973 until 2018, reaching an all time high of 69073 HKD Million in the first quarter of 2018 and a record low of 7504 HKD Million in the second quarter of 1973.

Government Spending in Hong Kong is expected to be 66228.00 HKD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Hong Kong to stand at 68592.00 in 12 months time. In the long-term, the Hong Kong Government Spending is projected to trend around 70329.00 HKD Million in 2020, according to our econometric models.

Hong Kong Government Spending
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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 Spending

Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. This page provides - Hong Kong Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Hong Kong Government Spending - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
66489.00 63719.00 69073.00 7504.00 1973 - 2018 HKD Million Quarterly
Constant Prices 2016, NSA




Country Last Previous
Argentina 97236.00 Jun/18
Australia 87057.00 Sep/18
Brazil 105318.73 Oct/18
Canada 417220.00 Sep/18
China 203330.00 Dec/17
Euro Area 542.69 Sep/18
France 136130.00 Sep/18
Germany 142.29 Sep/18
India 4216.64 Sep/18
Indonesia 205839.31 Sep/18
Italy 78350.00 Sep/18
Japan 107015.20 Sep/18
Mexico 2196413.00 Jun/18
Netherlands 44573.00 Sep/18
Russia 3972.90 Jun/18
Saudi Arabia 183426.00 Jun/18
Singapore 10674.70 Sep/18
South Africa 643704.00 Sep/18
South Korea 60505.20 Sep/18
Spain 56107.00 Sep/18
Switzerland 19864.58 Sep/18
Turkey 58201812.20 Sep/18
United Kingdom 92514.00 Sep/18
United States 3192.17 Sep/18


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