Government spending vs. GDP in Hong Kong
Hong Kong: Government spending vs. GDP was 42.14 billion constant 2015 US$ in 2025. ◆ Volatile
Latest (2025)
42.14 billion constant 2015 US$
Change on year
up 1.6%
World rank
44th
of 166 countries
All-time high
42.87 billion constant 2015 US$
in 2022
All-time low
1.68 billion constant 2015 US$
in 1961
Years of data
65
1961–2025
Government spending vs. GDP in Hong Kong, 1961–2025
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in constant 2015 US$.
Analysis
The most recent figure for government spending vs. gdp in Hong Kong is 42.14 billion constant 2015 US$, measured in 2025.
The figure is up 1.6% on the previous year and up 41.3% over ten years.
Over the whole period, government spending vs. gdp in Hong Kong peaked at 42.87 billion constant 2015 US$ in 2022 and was at its lowest, 1.68 billion constant 2015 US$, in 1961.
That places Hong Kong 44th out of 166 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Government spending vs. GDP in Hong Kong, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1961 | 1.68 billion constant 2015 US$ | — |
| 1962 | 1.75 billion constant 2015 US$ | +4.5% |
| 1963 | 1.93 billion constant 2015 US$ | +10.4% |
| 1964 | 2.12 billion constant 2015 US$ | +9.9% |
| 1965 | 2.30 billion constant 2015 US$ | +8.1% |
| 1966 | 2.55 billion constant 2015 US$ | +11.2% |
| 1967 | 2.82 billion constant 2015 US$ | +10.3% |
| 1968 | 2.97 billion constant 2015 US$ | +5.6% |
| 1969 | 3.24 billion constant 2015 US$ | +9.1% |
| 1970 | 3.41 billion constant 2015 US$ | +5.1% |
| 1971 | 3.51 billion constant 2015 US$ | +3.1% |
| 1972 | 3.74 billion constant 2015 US$ | +6.5% |
| 1973 | 4.13 billion constant 2015 US$ | +10.4% |
| 1974 | 4.51 billion constant 2015 US$ | +9.1% |
| 1975 | 4.81 billion constant 2015 US$ | +6.7% |
| 1976 | 5.10 billion constant 2015 US$ | +6.2% |
| 1977 | 5.55 billion constant 2015 US$ | +8.8% |
| 1978 | 6.07 billion constant 2015 US$ | +9.4% |
| 1979 | 6.69 billion constant 2015 US$ | +10.1% |
| 1980 | 7.20 billion constant 2015 US$ | +7.7% |
| 1981 | 8.72 billion constant 2015 US$ | +21.1% |
| 1982 | 9.22 billion constant 2015 US$ | +5.7% |
| 1983 | 9.81 billion constant 2015 US$ | +6.4% |
| 1984 | 10.22 billion constant 2015 US$ | +4.2% |
| 1985 | 10.52 billion constant 2015 US$ | +2.9% |
| 1986 | 11.19 billion constant 2015 US$ | +6.3% |
| 1987 | 11.56 billion constant 2015 US$ | +3.4% |
| 1988 | 12.03 billion constant 2015 US$ | +4.0% |
| 1989 | 12.66 billion constant 2015 US$ | +5.2% |
| 1990 | 13.32 billion constant 2015 US$ | +5.3% |
| 1991 | 14.40 billion constant 2015 US$ | +8.1% |
| 1992 | 16.35 billion constant 2015 US$ | +13.5% |
| 1993 | 16.78 billion constant 2015 US$ | +2.6% |
| 1994 | 17.45 billion constant 2015 US$ | +4.0% |
| 1995 | 18.02 billion constant 2015 US$ | +3.3% |
| 1996 | 18.75 billion constant 2015 US$ | +4.1% |
| 1997 | 19.29 billion constant 2015 US$ | +2.9% |
| 1998 | 19.50 billion constant 2015 US$ | +1.1% |
| 1999 | 20.18 billion constant 2015 US$ | +3.5% |
| 2000 | 20.68 billion constant 2015 US$ | +2.4% |
| 2001 | 21.98 billion constant 2015 US$ | +6.3% |
| 2002 | 22.62 billion constant 2015 US$ | +2.9% |
| 2003 | 23.15 billion constant 2015 US$ | +2.4% |
| 2004 | 23.47 billion constant 2015 US$ | +1.4% |
| 2005 | 22.87 billion constant 2015 US$ | -2.6% |
| 2006 | 23.08 billion constant 2015 US$ | +0.9% |
| 2007 | 23.80 billion constant 2015 US$ | +3.2% |
| 2008 | 24.29 billion constant 2015 US$ | +2.0% |
| 2009 | 24.85 billion constant 2015 US$ | +2.3% |
| 2010 | 25.68 billion constant 2015 US$ | +3.4% |
| 2011 | 26.31 billion constant 2015 US$ | +2.5% |
| 2012 | 27.25 billion constant 2015 US$ | +3.6% |
| 2013 | 27.99 billion constant 2015 US$ | +2.7% |
| 2014 | 28.85 billion constant 2015 US$ | +3.1% |
| 2015 | 29.83 billion constant 2015 US$ | +3.4% |
| 2016 | 30.86 billion constant 2015 US$ | +3.4% |
| 2017 | 31.74 billion constant 2015 US$ | +2.8% |
| 2018 | 33.08 billion constant 2015 US$ | +4.2% |
| 2019 | 34.76 billion constant 2015 US$ | +5.1% |
| 2020 | 37.51 billion constant 2015 US$ | +7.9% |
| 2021 | 39.71 billion constant 2015 US$ | +5.9% |
| 2022 | 42.87 billion constant 2015 US$ | +8.0% |
| 2023 | 41.20 billion constant 2015 US$ | -3.9% |
| 2024 | 41.47 billion constant 2015 US$ | +0.7% |
| 2025 | 42.14 billion constant 2015 US$ | +1.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.37 billion constant 2015 US$ | 1.68 billion constant 2015 US$ | 3.24 billion constant 2015 US$ | 9 |
| 1970s | 4.75 billion constant 2015 US$ | 3.41 billion constant 2015 US$ | 6.69 billion constant 2015 US$ | 10 |
| 1980s | 10.31 billion constant 2015 US$ | 7.20 billion constant 2015 US$ | 12.66 billion constant 2015 US$ | 10 |
| 1990s | 17.40 billion constant 2015 US$ | 13.32 billion constant 2015 US$ | 20.18 billion constant 2015 US$ | 10 |
| 2000s | 23.08 billion constant 2015 US$ | 20.68 billion constant 2015 US$ | 24.85 billion constant 2015 US$ | 10 |
| 2010s | 29.64 billion constant 2015 US$ | 25.68 billion constant 2015 US$ | 34.76 billion constant 2015 US$ | 10 |
| 2020s | 40.82 billion constant 2015 US$ | 37.51 billion constant 2015 US$ | 42.87 billion constant 2015 US$ | 6 |
Countries ranked near Hong Kong
- 41 Singapore 45.72 billion constant 2015 US$ compare
- 42 Czechia 45.69 billion constant 2015 US$ compare
- 43 New Zealand 44.88 billion constant 2015 US$ compare
- 45 Greece 41.73 billion constant 2015 US$ compare
- 46 Viet Nam 41.64 billion constant 2015 US$ compare
- 47 Portugal 40.98 billion constant 2015 US$ compare
More economy & growth data for Hong Kong
- Manufacturing, value added (constant LCU), per capita 3,914 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 5.29 % change on previous year (2024)
- Industry (including construction), value added (current US$), per 0.0617 current US$ per US$ of GDP (2024)
- Industry (including construction), value added (current US$), per 3,347 current US$ per person (2024)
- Industry (including construction), value added (current LCU), annual 4.95 % change on previous year (2024)
- Industry (including construction), value added (current LCU), per 0.4813 current LCU per US$ of GDP (2024)
- Industry (including construction), value added (current LCU), per 26,122 current LCU per person (2024)
- Industry (including construction), value added (constant 2015 US$) -4.98 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.0498 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 2,840 constant 2015 US$ per person (2025)
Frequently asked questions
- What is government spending vs. gdp in Hong Kong?
- Government spending vs. gdp in Hong Kong was 42.14 billion constant 2015 US$ in 2025, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
- What is the highest government spending vs. gdp recorded in Hong Kong?
- The highest recorded value was 42.87 billion constant 2015 US$ in 2022.
- What is the lowest government spending vs. gdp recorded in Hong Kong?
- The lowest recorded value was 1.68 billion constant 2015 US$ in 1961.
- How does Hong Kong rank for government spending vs. gdp?
- Hong Kong ranks 44th out of 166 countries with data for 2025.
- Is government spending vs. gdp rising or falling in Hong Kong?
- Over the last ten years it is up 41.3%. The long-run trend across the full record is volatile.
- Where does this Hong Kong data come from?
- The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of Government spending vs. GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
General government final consumption expenditure includes all government current expenditures for purchases of goods and services (including compensation of employees). Both measures are expressed in constant 2015 US$.