Government Budget in Hong Kong decreased to -12 percent of GDP in 2020 from -1.30 percent of GDP in 2019. source: GovHK
Government Budget in Hong Kong averaged 0.80 percent of GDP from 1999 until 2020, reaching an all time high of 7.30 percent of GDP in 2007 and a record low of -12 percent of GDP in 2020. This page provides - Hong Kong Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Hong Kong Government Budget - values, historical data and charts - was last updated on July of 2021.
Government Budget in Hong Kong is expected to reach -6.00 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Hong Kong Government Budget is projected to trend around 0.10 percent of GDP in 2022 and 0.50 percent of GDP in 2023, according to our econometric models.