Hong Kong, China vs Paraguay: Share of central government spending funded by taxes

Hong Kong, China
48.5%
in 2022
Paraguay
47.7%
in 2023
Hong Kong, China rank
131st
Paraguay rank
134th

Share of central government spending funded by taxes over time

  • Hong Kong, China
  • Paraguay
020406080200020112023

How they compare

Hong Kong, China currently reports 48.5% against 47.7% in Paraguay, a difference of 0.8%.

The two have swapped places 2 times across 21 shared years of data; in 2002 it was Paraguay ahead.

Hong Kong, China ranks 131st and Paraguay ranks 134th of 174 countries.

Hong Kong, China has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Hong Kong, China Paraguay Difference Ahead
2000s 64.3% 60.5% 3.8% Hong Kong, China
2010s 70.1% 56.3% 13.8% Hong Kong, China
2020s 49.9% 46.7% 3.2% Hong Kong, China

Averages of every year both report within each decade.

Frequently asked questions

Which has higher share of central government spending funded by taxes, Hong Kong, China or Paraguay?
Hong Kong, China, at 48.5% against 47.7% in Paraguay as of 2022.
What is the difference in share of central government spending funded by taxes between Hong Kong, China and Paraguay?
0.8%, with Hong Kong, China ahead.
How many years of comparable data are there for Hong Kong, China and Paraguay?
21 years are reported by both, from 2002 to 2022.
How do Hong Kong, China and Paraguay rank globally for share of central government spending funded by taxes?
Hong Kong, China ranks 131st and Paraguay ranks 134th of 174 countries.
Where does this data come from?
International Monetary Fund – with minor processing by Our World in Data, published as Share of central government spending funded by taxes. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Hong Kong, China vs Paraguay: Share of central government spending funded by taxes. Statizoid, drawing on International Monetary Fund – with minor processing by Our World in Data. Retrieved 17 September 2026, from https://economy.statizoid.com/compare/share-of-central-government-expenditures-funded-by-taxes/hong-kong-sar-china/paraguay/

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About this data

Indicator
Share of central government spending funded by taxes
Unit
%
Source
International Monetary Fund – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
174 places, 3,268 data points, 2000–2023
Last refreshed

Spending refers to the budgetary central government which includes the core institutions of the national government. Funds only include taxes; Fines, penalties, and most social security contributions are excluded.