Government Spending in Hong Kong increased to 73995 HKD Million in the first quarter of 2019 from 68633 HKD Million in the fourth quarter of 2018. Government Spending in Hong Kong averaged 36308.72 HKD Million from 1973 until 2019, reaching an all time high of 73995 HKD Million in the first quarter of 2019 and a record low of 7694 HKD Million in the second quarter of 1973.
Government Spending in Hong Kong is expected to be 64184.00 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 68760.00 in 12 months time. In the long-term, the Hong Kong Government Spending is projected to trend around 72170.00 HKD Million in 2020, according to our econometric models.