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Hong Kong: General government expenditure (% of GDP)

Percent of GDP · 1961–2025 · 65 observations · forecasts to 2031 · gen_govexp_GDP

2025
23.2%percent of GDP
Change on 2024
+0.0 pointsfrom 23.2%
Average, 2016–2025
22.7%10 years
Record high and low
29.9% (2020)low 9.00% (1977)

General government expenditure (% of GDP)

Report error
5%10%15%20%25%30%1970198019902000201020202030Hong KongHong Kong
ForecastPercent of GDP

Compare with other countries →Definition of General government expenditure (% of GDP)

Recent values

Percent of GDP

YearValue
203121.3Forecast
203021.3Forecast
202921.3Forecast
202821.5Forecast
202722.9Forecast
202622.9Forecast
202523.2
202423.2
202323.7
202228.3
202123.7
202029.9
201921.0
201818.4
201717.4
201618.3

Sources

  • IMF Fiscal Policy Panel1961–2023
  • IMF World Economic Outlook1981–2025
  • Asian Development Bank (archive)2002–2022
  • Asian Development Bank2002–2023
  • IMF Government Finance Statistics2002–2023
  • IMF WEO (forecast)2025–2031

Compare these sources →

Hong Kong documentation (PDF)

More for Hong Kong

Real GDP per capita (USD)Nominal GDPReal GDPInflationUnemployment rateGovernment debt (% of GDP)All 71 series →

General government expenditure (% of GDP) elsewhere

United StatesChinaJapanGermanyUnited KingdomFrance

Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

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