Hong Kong, China vs Malaysia: Government spending as share of GDP

Hong Kong, China
23.3%
in 2024
Malaysia
23.9%
in 2024
Hong Kong, China rank
103rd
Malaysia rank
101st

Government spending as share of GDP over time

  • Hong Kong, China
  • Malaysia
1015202530196119922024

How they compare

Malaysia currently reports 23.9% against 23.3% in Hong Kong, China, a difference of 0.6%.

The two have swapped places 2 times across 35 shared years of data; in 1990 it was Malaysia ahead.

Hong Kong, China ranks 103rd and Malaysia ranks 101st of 151 countries.

Across the 4 decades both report, Hong Kong, China averaged higher in 1 and Malaysia in 3.

Head to head by decade

Decade Hong Kong, China Malaysia Difference Ahead
1990s 15.1% 24.8% 9.7% Malaysia
2000s 17.3% 26.9% 9.6% Malaysia
2010s 18.4% 25.2% 6.8% Malaysia
2020s 26.1% 24.6% 1.5% Hong Kong, China

Averages of every year both report within each decade.

Frequently asked questions

Which has higher government spending as share of gdp, Hong Kong, China or Malaysia?
Malaysia, at 23.9% against 23.3% in Hong Kong, China as of 2024.
What is the difference in government spending as share of gdp between Hong Kong, China and Malaysia?
0.6%, with Malaysia ahead.
How many years of comparable data are there for Hong Kong, China and Malaysia?
35 years are reported by both, from 1990 to 2024.
How do Hong Kong, China and Malaysia rank globally for government spending as share of gdp?
Hong Kong, China ranks 103rd and Malaysia ranks 101st of 151 countries.
Where does this data come from?
International Monetary Fund (2025) – with minor processing by Our World in Data, published as Government spending as share of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Hong Kong, China vs Malaysia: Government spending as share of GDP. Statizoid, drawing on International Monetary Fund (2025) – with minor processing by Our World in Data. Retrieved 05 September 2026, from https://economy.statizoid.com/compare/historical-gov-spending-gdp/hong-kong-sar-china/malaysia/

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About this data

Indicator
Government spending as share of GDP
Unit
% of GDP
Source
International Monetary Fund (2025) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
151 places, 9,265 data points, 1800–2024
Last refreshed

Sum of all the money spent by the government on goods and services, as a percentage of GDP. It includes interest paid on government debt.