Government Spending in Hong Kong increased to 67018 HKD Million in the fourth quarter of 2018 from 66052 HKD Million in the third quarter of 2018. Government Spending in Hong Kong averaged 35216.23 HKD Million from 1973 until 2018, reaching an all time high of 69099 HKD Million in the first quarter of 2018 and a record low of 7504 HKD Million in the second quarter of 1973.
Government Spending in Hong Kong is expected to be 71145.00 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 68417.00 in 12 months time. In the long-term, the Hong Kong Government Spending is projected to trend around 72866.00 HKD Million in 2020, according to our econometric models.