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Hong Kong Government Budget: Revenues and Spending

Hong Kong Government Budget Data

Indicator Data Period
Government Budget Value -133740 HKD Million | -17.146 B USD 3Q/22
Government Spending 93994 HKD Million | 12.051 B USD 3Q/22
Government Revenues 51664 HKD Million | 6.624 B USD 3Q/22
Government Budget to GDP -3.6 % 2021


Latest data on Government Budget Value (HKD Million)

Government Budget Value
                     Hong Kong - Historical Data (HKD Million)

How much is Hong Kong Government Budget?

  • The deficit of government budget in Hong Kong decreased to 133740 HKD Million (17.146 B USD) in the third quarter of 2022. 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
-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
-47720 2Q/21 21.08.2021
84825 1Q/21 19.06.2021
2708 4Q/20 20.02.2021


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)

Government Spending
                     Hong Kong - Historical Data (HKD Million)

What is current Hong Kong Government Spending?

  • Government Spending in Hong Kong decreased to 93994 HKD Million (12.051 B USD) in the third quarter of 2022. 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
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
82854 2Q/21 13.08.2021
92971 1Q/21 22.05.2021
79518 4Q/20 24.02.2021


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)

Government Revenues
                     Hong Kong - Historical Data (HKD Million)

How much is Hong Kong Government Revenue?

  • Government Revenues in Hong Kong decreased to 51664 HKD Million (6.624 B USD) in the third quarter of 2022. 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
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
77187 2Q/21 21.08.2021
248715 1Q/21 19.06.2021
174709 4Q/20 20.02.2021


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 (%)

Government Budget to GDP
                     Hong Kong - Historical Data (%)

What is the deficit of Hong Kong Government Budget?

  • The deficit of Current Account to GDP in Hong Kong increased to 3.6 % in 2021. The maximum surplus was 7.3 % and deficit was -12 %.
  • Data published Yearly by GOVHK.

Historical Data (%) by years

Data
Period
Date
-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  3Q/22 23.77 B USD 22.229

Government Budget to GDP in other countries

Country Updated Actual Previous
Bangladesh 2021 -6.23 % -5.48
Jordan 2021 -5.4 % -7
Kyrgyzstan 2021 -0.2 % 0.5
Mongolia 2021 -6.8 % -11.5
Nepal 2021 -6.3 % -6.8
Palestine 2021 1.9 % -0.7
Tajikistan 2021 0.2 % 0.3
Cambodia 2020 -2.6 % 0.5
China 2021 -3.1 % -3.7
Georgia 2021 -6 % -9.3
India 2021 -6.9 % -9.5
Israel 2021 -5.5 % -11.5
Pakistan 2021 -7.1 % -8.1
South Korea 2021 -5.6 % -3.5
Taiwan 2021 -0.5 % -2.9
Vietnam 2021 -3.41 % 4
Maldives 2021 -16.6 % -23.5
Armenia 2021 -4 % -5.4
Hong Kong 2021 -3.6 % -12
Indonesia 2021 -4.65 % -6.5
Japan 2021 -5.3 % -10.1
Kazakhstan 2020 -4 % -1.8
Lebanon 2020 -3.5 % -10.4
Malaysia 2021 -6.5 % -6.2
Philippines 2021 -8.6 % -7.6
Qatar 2021 0.24 % -2
Singapore 2021 -0.9 % -10.8
Sri Lanka 2021 -12.2 % -11.1
Thailand 2022 -4.9 % -9.1
Oman 2020 -16 % -7.9
Iran 2021 -3.9 % -9.5
Laos 2021 -1.3 % -5.2
Azerbaijan 2021 -1.1 % -2.4
Kuwait 2021 -0.5 % -12.8
Saudi Arabia 2021 -2.3 % -11.2
Bahrain 2021 -35 % -13.1
United Arab Emirates 2021 0.8 % -4.9
Yemen 2018 -4.4 % -4.8
Turkmenistan 2021 -0.3 % 0.1
Uzbekistan 2021 -6 % -4.4
Iraq 2021 -0.8 % -12.8
Syria 2012 -11.4 % -1.14
Afghanistan 2021 -4.5 % -3.4
Bhutan 2021 -6.3 % -1.9
Brunei 2020 -19.3 % -5.6
Mauritius 2021 -5 % -5.6