Government Spending in Hong Kong decreased to 67949 HKD Million in the second quarter of 2019 from 73969 HKD Million in the first quarter of 2019. Government Spending in Hong Kong averaged 36478.69 HKD Million from 1973 until 2019, reaching an all time high of 73969 HKD Million in the first quarter of 2019 and a record low of 7694 HKD Million in the second quarter of 1973.

Government Spending in Hong Kong is expected to be 68083.00 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 75993.00 in 12 months time. In the long-term, the Hong Kong Government Spending is projected to trend around 73188.00 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 2.10 5.50 7.30 -4.80 percent of GDP [+]
Government Budget Value -42722.00 3012.00 115653.00 -53728.00 HKD Million [+]
Government Spending 67949.00 73969.00 73969.00 7694.00 HKD Million [+]
Government Revenues 67340.00 123586.00 221345.00 1258.00 HKD Million [+]
Fiscal Expenditure 110062.00 120574.00 120574.00 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 October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
67949.00 73969.00 73969.00 7694.00 1973 - 2019 HKD Million Quarterly
Constant Prices 2016, NSA




Country Last Previous
Argentina 94555.00 Jun/19
Australia 91328.00 Jun/19
Brazil 111045.15 Aug/19
Canada 424534.00 Jun/19
China 220906.00 Dec/18
Euro Area 553.63 Jun/19
France 136971.00 Jun/19
Germany 163.06 Jun/19
India 4218.93 Jun/19
Indonesia 209394.41 Jun/19
Italy 78508.00 Jun/19
Japan 109084.50 Jun/19
Mexico 2168414.00 Jun/19
Netherlands 45100.00 Jun/19
Russia 4043.50 Jun/19
Saudi Arabia 173041.00 Jun/19
Singapore 12496.60 Jun/19
South Africa 651189.00 Jun/19
South Korea 75743.40 Jun/19
Spain 58422.00 Jun/19
Switzerland 19989.06 Jun/19
Turkey 62009834.30 Jun/19
United Kingdom 99449.00 Jun/19
United States 3293.82 Jun/19


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