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.