Name: Hong Kong Government Budget Value
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Hong Kong,Government Budget Value,data,chart,actual,historical,values,calendar,forecast,graph,2021,2022,2023

Hong Kong recorded a government budget surplus of 2033 HKD Million in the first quarter of 2022. source: Census and Statistics Department, Hong Kong

Government Budget Value in Hong Kong averaged 3130.09 HKD Million from 1976 until 2022, reaching an all time high of 115653 HKD Million in the fourth quarter of 2018 and a record low of -166250 HKD Million in the third quarter of 2020. This page provides - Hong Kong Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Hong Kong Government Budget Value - values, historical data and charts - was last updated on July of 2022.

Government Budget Value in Hong Kong is expected to be -120000.00 HKD Million 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 Value is projected to trend around 36500.00 HKD Million in 2023, according to our econometric models.

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Related	Last	Previous	Unit	Reference
Government Budget Value	2033.00	62673.00	HKD Million	Mar 2022
Government Spending	100575.00	86095.00	HKD Million	Mar 2022
Government Revenues	181052.00	202772.00	HKD Million	Mar 2022
Fiscal Expenditure	179019.00	140099.00	HKD Million	Mar 2022

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.