General government final consumption expenditure (current US$) in Hong Kong
Hong Kong: General government final consumption expenditure (current US$) was 53.72 billion current US$ in 2025. ◆ Volatile
General government final consumption expenditure in Hong Kong, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
Hong Kong recorded 53.72 billion current US$ for general government final consumption expenditure in 2025. That is the highest value across all 66 years on record.
Compared with earlier readings it is up 2.9% on the previous year and up 80.1% over ten years.
Over the whole period, general government final consumption expenditure in Hong Kong peaked at 53.72 billion current US$ in 2025 and was at its lowest, 87.42 million current US$, in 1961.
Hong Kong ranks 45th of 187 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
General government final consumption expenditure (current US$) in Hong Kong, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 103.28 million current US$ | — |
| 1961 | 87.42 million current US$ | -15.4% |
| 1962 | 92.43 million current US$ | +5.7% |
| 1963 | 105.42 million current US$ | +14.1% |
| 1964 | 119.72 million current US$ | +13.6% |
| 1965 | 126.00 million current US$ | +5.3% |
| 1966 | 141.91 million current US$ | +12.6% |
| 1967 | 162.16 million current US$ | +14.3% |
| 1968 | 168.44 million current US$ | +3.9% |
| 1969 | 184.13 million current US$ | +9.3% |
| 1970 | 214.99 million current US$ | +16.8% |
| 1971 | 235.20 million current US$ | +9.4% |
| 1972 | 302.41 million current US$ | +28.6% |
| 1973 | 416.79 million current US$ | +37.8% |
| 1974 | 546.95 million current US$ | +31.2% |
| 1975 | 602.41 million current US$ | +10.1% |
| 1976 | 701.15 million current US$ | +16.4% |
| 1977 | 877.09 million current US$ | +25.1% |
| 1978 | 1.04 billion current US$ | +19.0% |
| 1979 | 1.24 billion current US$ | +18.8% |
| 1980 | 1.62 billion current US$ | +30.8% |
| 1981 | 2.12 billion current US$ | +30.6% |
| 1982 | 2.34 billion current US$ | +10.3% |
| 1983 | 2.21 billion current US$ | -5.4% |
| 1984 | 2.27 billion current US$ | +2.8% |
| 1985 | 2.50 billion current US$ | +10.1% |
| 1986 | 2.87 billion current US$ | +14.6% |
| 1987 | 3.18 billion current US$ | +10.9% |
| 1988 | 3.65 billion current US$ | +14.8% |
| 1989 | 4.35 billion current US$ | +19.3% |
| 1990 | 5.26 billion current US$ | +20.8% |
| 1991 | 6.34 billion current US$ | +20.6% |
| 1992 | 7.95 billion current US$ | +25.4% |
| 1993 | 9.00 billion current US$ | +13.2% |
| 1994 | 10.24 billion current US$ | +13.8% |
| 1995 | 11.61 billion current US$ | +13.4% |
| 1996 | 13.01 billion current US$ | +12.0% |
| 1997 | 14.27 billion current US$ | +9.7% |
| 1998 | 15.24 billion current US$ | +6.8% |
| 1999 | 15.93 billion current US$ | +4.5% |
| 2000 | 16.08 billion current US$ | +0.9% |
| 2001 | 17.29 billion current US$ | +7.5% |
| 2002 | 17.69 billion current US$ | +2.4% |
| 2003 | 17.74 billion current US$ | +0.3% |
| 2004 | 17.51 billion current US$ | -1.3% |
| 2005 | 16.79 billion current US$ | -4.1% |
| 2006 | 16.97 billion current US$ | +1.1% |
| 2007 | 17.81 billion current US$ | +5.0% |
| 2008 | 19.01 billion current US$ | +6.7% |
| 2009 | 19.67 billion current US$ | +3.5% |
| 2010 | 20.26 billion current US$ | +3.0% |
| 2011 | 21.65 billion current US$ | +6.9% |
| 2012 | 23.89 billion current US$ | +10.4% |
| 2013 | 25.60 billion current US$ | +7.2% |
| 2014 | 27.63 billion current US$ | +7.9% |
| 2015 | 29.83 billion current US$ | +8.0% |
| 2016 | 31.95 billion current US$ | +7.1% |
| 2017 | 33.55 billion current US$ | +5.0% |
| 2018 | 35.90 billion current US$ | +7.0% |
| 2019 | 39.49 billion current US$ | +10.0% |
| 2020 | 43.97 billion current US$ | +11.3% |
| 2021 | 46.77 billion current US$ | +6.4% |
| 2022 | 51.42 billion current US$ | +9.9% |
| 2023 | 50.68 billion current US$ | -1.4% |
| 2024 | 52.20 billion current US$ | +3.0% |
| 2025 | 53.72 billion current US$ | +2.9% |
Hong Kong compared with similar countries
- Hong Kong's 53.72 billion current US$ is above the median for high income countries, which is 41.50 billion current US$, 1.3× the median. (67 countries reporting)
- Hong Kong's 53.72 billion current US$ is above the median for East Asia & Pacific, which is 3.58 billion current US$, 15.0× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 129.09 million current US$ | 87.42 million current US$ | 184.13 million current US$ | 10 |
| 1970s | 618.14 million current US$ | 214.99 million current US$ | 1.24 billion current US$ | 10 |
| 1980s | 2.71 billion current US$ | 1.62 billion current US$ | 4.35 billion current US$ | 10 |
| 1990s | 10.89 billion current US$ | 5.26 billion current US$ | 15.93 billion current US$ | 10 |
| 2000s | 17.66 billion current US$ | 16.08 billion current US$ | 19.67 billion current US$ | 10 |
| 2010s | 28.97 billion current US$ | 20.26 billion current US$ | 39.49 billion current US$ | 10 |
| 2020s | 49.79 billion current US$ | 43.97 billion current US$ | 53.72 billion current US$ | 6 |
Countries ranked near Hong Kong
More economy & growth data for Hong Kong
- Foreign direct investment, net outflows (BoP, current US$), gaps 80.54 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.1972 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 10,704 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 125.82 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 3.14 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.3081 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 16,722 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 0.3594 % change on previous year (2023)
- Total reserves (includes gold, current US$), per unit of GDP 1.12 includes gold, current US$ per US$ of GDP (2023)
- Total reserves (includes gold, current US$), per capita 56,469 includes gold, current US$ per person (2023)
Frequently asked questions
- What is general government final consumption expenditure in Hong Kong?
- General government final consumption expenditure in Hong Kong was 53.72 billion current US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest general government final consumption expenditure recorded in Hong Kong?
- The highest recorded value was 53.72 billion current US$ in 2025.
- What is the lowest general government final consumption expenditure recorded in Hong Kong?
- The lowest recorded value was 87.42 million current US$ in 1961.
- How does Hong Kong rank for general government final consumption expenditure?
- Hong Kong ranks 45th out of 187 countries with data for 2025.
- Is general government final consumption expenditure rising or falling in Hong Kong?
- Over the last ten years it is up 80.1%. The long-run trend across the full record is volatile.
- Where does this Hong Kong data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of General government final consumption expenditure (current US$). Statizoid updates them automatically from the source API.
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About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.