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Hong Kong: Government expenditure (% of GDP)

Percent of GDP · 1947–2025 · 73 observations · forecasts to 2031 · 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 7.82% (1949)

Government expenditure (% of GDP)

Report error
5%10%15%20%25%30%1960198020002020Hong KongHong Kong
ForecastPercent of GDP

Compare with other countries →Definition of 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

This series is derived from other GMD variables.

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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