Hong Kong: Government expenditure
* indicates monthly or quarterly data series
The most recent value is 101.42 billion Hong Kong Dollar as of Q4 2024, an increase compared to the previous value of 101.06 billion Hong Kong Dollar. Historically, the average for Hong Kong from Q1 1990 to Q4 2024 is 45.24 billion Hong Kong Dollar. The minimum of 10.36 billion Hong Kong Dollar was recorded in Q2 1990, while the maximum of 108.38 billion Hong Kong Dollar was reached in Q1 2024.
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* indicates monthly or quarterly data series
- Measure: billion Hong Kong Dollar
- Source: Census and Statistics Department Hong Kong
| Recent values | Hong Kong: Government expenditure, billion currency units |
|---|---|
| 2024 Q4 | 101.42 |
| 2024 Q3 | 101.06 |
| 2024 Q2 | 96.95 |
| 2024 Q1 | 108.38 |
| 2023 Q4 | 97.48 |
| 2023 Q3 | 97.64 |
| 2023 Q2 | 93.84 |
| 2023 Q1 | 108.09 |
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Definition: Total spending by all levels of government but excluding public enterprises.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Government spending, percent of GDP | 13.23 | 2023 | percent |
| Government spending, in dollars | 50.51 | 2023 | billion U.S. dollars |
| Fiscal balance, percent of GDP | -1.80 | 2023 | percent |
| Government debt | 9.01 | 2024 | percent |
| Government expenditure | 101.42 | Q4/2024 | billion |
| Commercial tax rate | 21.90 | 2019 | percent |
| Tax preparation time | 35 | 2019 | hours |
| Number of taxes | 3 | 2019 | taxes |
| Foreign aid | 6.95 | 2004 | million U.S. dollars |