Hong Kong, China vs Panama: Government spending as share of GDP
Hong Kong, China
23.3%
in 2024
Panama
23.1%
in 2024
Hong Kong, China rank
103rd
Panama rank
106th
Government spending as share of GDP over time
- Hong Kong, China
- Panama
How they compare
Hong Kong, China currently reports 23.3% against 23.1% in Panama, a difference of 0.2%.
The two have swapped places 1 time across 64 shared years of data; in 1961 it was Panama ahead.
Hong Kong, China ranks 103rd and Panama ranks 106th of 151 countries.
Across the 7 decades both report, Hong Kong, China averaged higher in 1 and Panama in 6.
Head to head by decade
| Decade | Hong Kong, China | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 12.2% | 16.2% | 4.0% | Panama |
| 1970s | 11.7% | 19.3% | 7.6% | Panama |
| 1980s | 13.6% | 40.1% | 26.5% | Panama |
| 1990s | 15.1% | 26.5% | 11.4% | Panama |
| 2000s | 17.3% | 22.9% | 5.6% | Panama |
| 2010s | 18.4% | 22.3% | 4.0% | Panama |
| 2020s | 26.1% | 23.4% | 2.7% | 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 Panama?
- Hong Kong, China, at 23.3% against 23.1% in Panama as of 2024.
- What is the difference in government spending as share of gdp between Hong Kong, China and Panama?
- 0.2%, with Hong Kong, China ahead.
- How many years of comparable data are there for Hong Kong, China and Panama?
- 64 years are reported by both, from 1961 to 2024.
- How do Hong Kong, China and Panama rank globally for government spending as share of gdp?
- Hong Kong, China ranks 103rd and Panama ranks 106th 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.
Individual pages
About this data
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.