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Hong Kong: Government deficit (% of GDP)

Percent of GDP · 1981–2025 · 45 observations · forecasts to 2031 · govdef_GDP

2025
−4.77%percent of GDP
Change on 2024
+1.0 pointsfrom −5.79%
Average, 2016–2025
−2.04%10 years
Record high and low
7.34% (2007)low −9.23% (2020)

Government deficit (% of GDP)

Report error
-10%-5%0%5%10%19902000201020202030Hong KongHong Kong
ForecastPercent of GDP

Compare with other countries →Definition of Government deficit (% of GDP)

Recent values

Percent of GDP

YearValue
2031-0.752Forecast
2030-0.752Forecast
2029-0.761Forecast
2028-1.34Forecast
2027-3.25Forecast
2026-5.16Forecast
2025-4.77
2024-5.79
2023-5.65
2022-6.57
20210.00811
2020-9.23
2019-0.583
20182.35
20175.49
20164.39

Sources

This series is derived from other GMD variables.

Hong Kong documentation (PDF)

More for Hong Kong

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

Government deficit (% 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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