Hong Kong: Government spending, in dollars

* indicates monthly or quarterly data series
 Hong Kong

Government spending, billion USD

 Latest value 50.54
 Year 2023
 Measure billion U.S. dollars
 Data availability 1960 - 2023
 Average 12.54
 Min - Max 0.09 - 51.45
 Source The World Bank
For that indicator, we provide data for Hong Kong from 1960 to 2023. The average value for Hong Kong during that period was 12.54 billion U.S. dollars with a minimum of 0.09 billion U.S. dollars in 1961 and a maximum of 51.45 billion U.S. dollars in 2022. The latest value from 2023 is 50.54 billion U.S. dollars. For comparison, the world average in 2023 based on 131 countries is 69.63 billion U.S. dollars. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Hong Kong - Government spending, in dollars - Recent values chart

Historical chart
Hong Kong - Government spending, in dollars - historical chart - 1960-2023




Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in current U.S. dollars.

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 Related indicators Latest value Reference Measure
 Government spending, percent of GDP 14.33 2022 percent
 Government spending, in dollars 50.54 2023 billion U.S. dollars
 Fiscal balance, percent of GDP -1.80 2023 percent
 Government debt 4.28 2022 percent
 Government expenditure 97.14 Q3/2023 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
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