Government Spending in Hong Kong decreased to 93994 HKD Million in the third quarter of 2022 from 95509 HKD Million in the second quarter of 2022. source: Census and Statistics Department, Hong Kong

Government Spending in Hong Kong averaged 42525.84 HKD Million from 1973 until 2022, reaching an all time high of 100575.00 HKD Million in the first quarter of 2022 and a record low of 8315.00 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 February of 2023.

Government Spending in Hong Kong is expected to be 103793.00 HKD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

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Hong Kong Government Spending

Related Last Previous Unit Reference
Government Budget Value -133740.00 -113784.00 HKD Million Sep 2022
Government Spending 93994.00 95509.00 HKD Million Sep 2022
Government Revenues 51664.00 59605.00 HKD Million Sep 2022
Fiscal Expenditure 185404.00 173389.00 HKD Million Sep 2022

Hong Kong Government Spending
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.
Actual Previous Highest Lowest Dates Unit Frequency
93994.00 95509.00 100575.00 8315.00 1973 - 2022 HKD Million Quarterly
Constant Prices 2019, NSA