Hong Kong Government Budget: Revenues and Spending
Hong Kong Government Budget Data
| Indicator | Data | Period |
|---|---|---|
| Government Budget Value | -82639 HKD Million | -10.581 B USD | 2Q/23 |
| Government Spending | 87799 HKD Million | 11.242 B USD | 2Q/23 |
| Government Revenues | 70118 HKD Million | 8.978 B USD | 2Q/23 |
| Government Budget to GDP | -5 % | 2022 |
Latest data on Government Budget Value (HKD Million)
How much is Hong Kong Government Budget?
- The surplus of government budget in Hong Kong decreased to 82639 HKD Million (10.581 B USD) in the second quarter of 2023. The maximum surplus was 115653 HKD Million and deficit was -166250 HKD Million.
- Data published Quarterly by Census and Statistics Department.
Historical Data (HKD Million) by years
Data
Period
Date
| -82639 | 2Q/23 | 15.09.2023 |
| 87564 | 1Q/23 | 17.06.2023 |
| 29699 | 4Q/22 | 18.02.2023 |
| -133740 | 3Q/22 | 19.11.2022 |
| -113784 | 2Q/22 | 25.08.2022 |
| 2033 | 1Q/22 | 18.06.2022 |
| 62673 | 4Q/21 | 19.02.2022 |
| -85764 | 3Q/21 | 18.01.2022 |
Historical Chart by chief executives (HKD Million)
Government Budget Value in Hong Kong by chief executives
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|---|---|---|---|---|---|
| Carrie Lam | 01.07.2017 - | 23542.0000 | 87006.0000 | 87006.0000 | -31953.0000 | 269.58% |
Latest data on Government Spending (HKD Million)
What is current Hong Kong Government Spending?
- Government Spending in Hong Kong decreased to 87799 HKD Million (11.242 B USD) in the second quarter of 2023. The maximum volume was 92971 HKD Million and minimum was 7944 HKD Million
- Data published Quarterly by Census and Statistics Department.
Historical Data (HKD Million) by years
Data
Period
Date
| 87799 | 2Q/23 | 11.08.2023 |
| 103911 | 1Q/23 | 12.05.2023 |
| 101182 | 4Q/22 | 22.02.2023 |
| 93994 | 3Q/22 | 11.11.2022 |
| 95488 | 2Q/22 | 13.08.2022 |
| 100575 | 1Q/22 | 13.05.2022 |
| 86095 | 4Q/21 | 23.02.2022 |
| 87299 | 3Q/21 | 18.01.2022 |
Historical Chart by chief executives (HKD Million)
Government Spending in Hong Kong by chief executives
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|---|---|---|---|---|---|
| Carrie Lam | 01.07.2017 - | 64788.0000 | 69090.0000 | 69090.0000 | 59035.0000 | 6.64% |
Latest data on Government Revenues (HKD Million)
How much is Hong Kong Government Revenue?
- Government Revenues in Hong Kong decreased to 70118 HKD Million (8.978 B USD) in the second quarter of 2023. The maximum volume was 279400 HKD Million and minimum was 1258 HKD Million
- Data published Quarterly by Census and Statistics Department.
Historical Data (HKD Million) by years
Data
Period
Date
| 70118 | 2Q/23 | 19.08.2023 |
| 267785 | 1Q/23 | 17.06.2023 |
| 188465 | 4Q/22 | 18.02.2023 |
| 51664 | 3Q/22 | 19.11.2022 |
| 59605 | 2Q/22 | 25.08.2022 |
| 181052 | 1Q/22 | 18.06.2022 |
| 202772 | 4Q/21 | 19.02.2022 |
| 67232 | 3Q/21 | 18.01.2022 |
Historical Chart by chief executives (HKD Million)
Government Revenues in Hong Kong by chief executives
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|---|---|---|---|---|---|
| Carrie Lam | 01.07.2017 - | 182919.0000 | 182919.0000 | 182919.0000 | 182919.0000 | 0.00% |
Latest data on Government Budget to GDP (%)
What is the deficit of Hong Kong Government Budget?
- The deficit of Current Account to GDP in Hong Kong decreased to 5 % in 2022. The maximum surplus was 7.3 % and deficit was -12 %.
- Data published Yearly by GOVHK.
Historical Data (%) by years
Data
Period
Date
| -5 | 2022 | 20.04.2023 |
| -3.6 | 2021 | 20.10.2022 |
| -12 | 2020 | 24.02.2021 |
| -1.3 | 2019 | 26.02.2020 |
| 2.1 | 2018 | 04.07.2019 |
Historical Chart by chief executives (%)
Government Budget to GDP in Hong Kong by chief executives
| Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
|---|
Other budget indicators in Hong Kong
| Index | Updated | Actual | Previous |
| Government Debt to GDP | 2016 | 38.4 % | 37 |
| Fiscal Expenditure | 2Q/23 | 19.559 B USD | 23.076 |
Government Budget to GDP in other countries
| Country | Updated | Actual | Previous |
| Bangladesh | 2022 | 5.06 % | -6.23 |
| Jordan | 2022 | -4.6 % | -5.4 |
| Kyrgyzstan | 2022 | -1.1 % | -0.2 |
| Mongolia | 2022 | -1.9 % | -6.8 |
| Nepal | 2022 | -5.4 % | -6.1 |
| Palestine | 2022 | 3.6 % | 1.9 |
| Tajikistan | 2022 | 0.3 % | 0.2 |
| Cambodia | 2021 | -7.3 % | -3.7 |
| China | 2022 | -7.4 % | -6.1 |
| Georgia | 2022 | -3 % | -6 |
| India | 2022 | -6.44 % | -6.72 |
| Israel | 2022 | 0.6 % | -4.4 |
| Pakistan | 2022 | -7.9 % | -6.1 |
| South Korea | 2022 | -7 % | -5.2 |
| Taiwan | 2021 | -0.5 % | -2.9 |
| Vietnam | 2021 | -3.41 % | -3.2 |
| Maldives | 2022 | -14.3 % | -13.8 |
| Armenia | 2022 | -2.5 % | -4.6 |
| Hong Kong | 2022 | -5 % | -3.6 |
| Indonesia | 2022 | -2.38 % | -4.65 |
| Japan | 2022 | -6.4 % | -5.1 |
| Kazakhstan | 2022 | -2.3 % | -5 |
| Lebanon | 2020 | -3.5 % | -10.4 |
| Malaysia | 2022 | -5.6 % | -6.4 |
| Philippines | 2022 | -7.3 % | -8.6 |
| Qatar | 2022 | 0 % | 0.2 |
| Singapore | 2022 | -0.3 % | -0.9 |
| Sri Lanka | 2022 | -10.2 % | -11.7 |
| Thailand | 2022 | -4.9 % | -9.1 |
| Oman | 2022 | 2.6 % | -3.6 |
| Iran | 2022 | -4 % | -4.2 |
| Laos | 2022 | -0.3 % | -1.3 |
| Azerbaijan | 2022 | -1 % | -1.1 |
| Kuwait | 2022 | 11.6 % | 2.3 |
| Saudi Arabia | 2022 | 2.5 % | -2.3 |
| Bahrain | 2022 | -5.6 % | -11.6 |
| United Arab Emirates | 2021 | 0.8 % | -4.9 |
| Yemen | 2018 | -4.4 % | -4.8 |
| Turkmenistan | 2022 | 1 % | -0.3 |
| Uzbekistan | 2022 | -4 % | -6 |
| Iraq | 2022 | 6.4 % | -0.4 |
| Syria | 2012 | -11.4 % | -1.14 |
| Afghanistan | 2021 | -4.5 % | -3.4 |
| Bhutan | 2022 | -7.8 % | -6.3 |
| Brunei | 2021 | -5.4 % | -19.6 |
| Mauritius | 2021 | -5.4 % | -5.6 |
