Hong Kong recorded a Government Budget deficit equal to 1.30 percent of the country's Gross Domestic Product in 2019. source: GovHK
Government Budget in Hong Kong averaged 1.41 percent of GDP from 1999 until 2019, reaching an all time high of 7.30 percent of GDP in 2007 and a record low of -4.80 percent of GDP in 2001. 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 December of 2020.
Government Budget in Hong Kong is expected to reach -5.00 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Hong Kong Government Budget is projected to trend around 1.30 percent of GDP in 2021 and 1.20 percent of GDP in 2022, according to our econometric models.