Hong Kong recorded a government budget deficit of 47720 HKD Million in the second quarter of 2021. source: Census and Statistics Department, Hong Kong

Government Budget Value in Hong Kong averaged 3297.38 HKD Million from 1976 until 2021, 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 September of 2021.

Government Budget Value in Hong Kong is expected to be -60000.00 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 2022, according to our econometric models.

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Hong Kong Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
-47720.00 84825.00 115653.00 -166250.00 1976 - 2021 HKD Million Quarterly
Current Prices, NSA

Hong Kong Government Last Previous Highest Lowest Unit
Government Debt to GDP 38.40 37.00 38.40 13.70 percent of GDP [+]
Government Budget -12.00 -1.30 7.30 -12.00 percent of GDP [+]
Government Budget Value -47720.00 84825.00 115653.00 -166250.00 HKD Million [+]
Government Spending 82854.00 93070.00 93070.00 7944.00 HKD Million [+]
Government Revenues 77187.00 248715.00 279400.00 1258.00 HKD Million [+]
Fiscal Expenditure 124907.00 163890.00 230448.00 1407.00 HKD Million [+]
Credit Rating 90.00 [+]


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.