Government Spending in Hong Kong increased to 82579 HKD Million in the first quarter of 2020 from 75319 HKD Million in the fourth quarter of 2019.
Government Spending in Hong Kong averaged 38298.22 HKD Million from 1973 until 2020, reaching an all time high of 82579 HKD Million in the first quarter of 2020 and a record low of 7944 HKD Million in the second quarter of 1973. This page provides - Hong Kong Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Hong Kong Government Spending - values, historical data and charts - was last updated on July of 2020. source: Census and Statistics Department, Hong Kong
Government Spending in Hong Kong is expected to be 74512.00 HKD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Hong Kong to stand at 84891.00 in 12 months time. In the long-term, the Hong Kong Government Spending is projected to trend around 78360.00 HKD Million in 2021 and 80554.00 HKD Million in 2022, according to our econometric models.