Government spending vs. GDP, annual growth rate in Hong Kong
Hong Kong: Government spending vs. GDP, annual growth rate was 1.62 % change on previous year in 2025. ◆ Volatile
Latest (2025)
1.62 % change on previous year
Change on year
up 144.5%
World rank
102nd
of 166 countries
All-time high
21.11 % change on previous year
in 1981
All-time low
-3.9 % change on previous year
in 2023
Years of data
64
1962–2025
Government spending vs. GDP, annual growth rate in Hong Kong, 1962–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Hong Kong recorded 1.62 % change on previous year for government spending vs. gdp, annual growth rate in 2025.
That represents a change of up 144.5% on the previous year and down 52.7% over ten years.
Over the whole period, government spending vs. gdp, annual growth rate in Hong Kong peaked at 21.11 % change on previous year in 1981 and was at its lowest, -3.9 % change on previous year, in 2023.
That places Hong Kong 102nd 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, annual growth rate in Hong Kong, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1962 | 4.46 % change on previous year | — |
| 1963 | 10.44 % change on previous year | +134.2% |
| 1964 | 9.86 % change on previous year | -5.6% |
| 1965 | 8.06 % change on previous year | -18.2% |
| 1966 | 11.22 % change on previous year | +39.1% |
| 1967 | 10.32 % change on previous year | -8.0% |
| 1968 | 5.58 % change on previous year | -45.9% |
| 1969 | 9.07 % change on previous year | +62.7% |
| 1970 | 5.08 % change on previous year | -44.0% |
| 1971 | 3.06 % change on previous year | -39.7% |
| 1972 | 6.49 % change on previous year | +112.0% |
| 1973 | 10.38 % change on previous year | +59.8% |
| 1974 | 9.14 % change on previous year | -11.9% |
| 1975 | 6.72 % change on previous year | -26.5% |
| 1976 | 6.16 % change on previous year | -8.4% |
| 1977 | 8.75 % change on previous year | +42.2% |
| 1978 | 9.42 % change on previous year | +7.6% |
| 1979 | 10.11 % change on previous year | +7.3% |
| 1980 | 7.7 % change on previous year | -23.8% |
| 1981 | 21.11 % change on previous year | +174.1% |
| 1982 | 5.72 % change on previous year | -72.9% |
| 1983 | 6.39 % change on previous year | +11.7% |
| 1984 | 4.16 % change on previous year | -34.9% |
| 1985 | 2.94 % change on previous year | -29.2% |
| 1986 | 6.32 % change on previous year | +114.8% |
| 1987 | 3.37 % change on previous year | -46.7% |
| 1988 | 4.01 % change on previous year | +18.8% |
| 1989 | 5.23 % change on previous year | +30.7% |
| 1990 | 5.27 % change on previous year | +0.7% |
| 1991 | 8.11 % change on previous year | +53.8% |
| 1992 | 13.5 % change on previous year | +66.5% |
| 1993 | 2.62 % change on previous year | -80.6% |
| 1994 | 3.97 % change on previous year | +51.6% |
| 1995 | 3.27 % change on previous year | -17.6% |
| 1996 | 4.07 % change on previous year | +24.4% |
| 1997 | 2.87 % change on previous year | -29.5% |
| 1998 | 1.12 % change on previous year | -61.1% |
| 1999 | 3.48 % change on previous year | +211.4% |
| 2000 | 2.45 % change on previous year | -29.6% |
| 2001 | 6.33 % change on previous year | +158.7% |
| 2002 | 2.87 % change on previous year | -54.7% |
| 2003 | 2.38 % change on previous year | -17.2% |
| 2004 | 1.39 % change on previous year | -41.7% |
| 2005 | -2.57 % change on previous year | -285.2% |
| 2006 | 0.892 % change on previous year | -134.7% |
| 2007 | 3.16 % change on previous year | +254.4% |
| 2008 | 2.03 % change on previous year | -35.9% |
| 2009 | 2.32 % change on previous year | +14.7% |
| 2010 | 3.35 % change on previous year | +44.3% |
| 2011 | 2.45 % change on previous year | -26.8% |
| 2012 | 3.56 % change on previous year | +45.0% |
| 2013 | 2.7 % change on previous year | -24.0% |
| 2014 | 3.06 % change on previous year | +13.3% |
| 2015 | 3.42 % change on previous year | +11.7% |
| 2016 | 3.44 % change on previous year | +0.5% |
| 2017 | 2.84 % change on previous year | -17.5% |
| 2018 | 4.24 % change on previous year | +49.4% |
| 2019 | 5.07 % change on previous year | +19.5% |
| 2020 | 7.91 % change on previous year | +56.0% |
| 2021 | 5.87 % change on previous year | -25.7% |
| 2022 | 7.95 % change on previous year | +35.4% |
| 2023 | -3.9 % change on previous year | -149.0% |
| 2024 | 0.6621 % change on previous year | -117.0% |
| 2025 | 1.62 % change on previous year | +144.5% |
Hong Kong compared with similar countries
- Hong Kong's 1.62 % change on previous year is below the median for high income countries, which is 1.7 % change on previous year, 95% of the median. (60 countries reporting)
- Hong Kong's 1.62 % change on previous year is below the median for East Asia & Pacific, which is 2.04 % change on previous year, 80% of the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 8.63 % change on previous year | 4.46 % change on previous year | 11.22 % change on previous year | 8 |
| 1970s | 7.53 % change on previous year | 3.06 % change on previous year | 10.38 % change on previous year | 10 |
| 1980s | 6.7 % change on previous year | 2.94 % change on previous year | 21.11 % change on previous year | 10 |
| 1990s | 4.83 % change on previous year | 1.12 % change on previous year | 13.5 % change on previous year | 10 |
| 2000s | 2.12 % change on previous year | -2.57 % change on previous year | 6.33 % change on previous year | 10 |
| 2010s | 3.41 % change on previous year | 2.45 % change on previous year | 5.07 % change on previous year | 10 |
| 2020s | 3.35 % change on previous year | -3.9 % change on previous year | 7.95 % change on previous year | 6 |
Countries ranked near Hong Kong
- 99 Israel 1.68 % change on previous year compare
- 100 France 1.64 % change on previous year compare
- 101 Portugal 1.63 % change on previous year compare
- 103 Belgium 1.61 % change on previous year compare
- 104 Slovenia 1.59 % change on previous year compare
- 105 Japan 1.58 % change on previous year compare
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 government spending vs. gdp, annual growth rate in Hong Kong?
- Government spending vs. gdp, annual growth rate in Hong Kong was 1.62 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest government spending vs. gdp, annual growth rate recorded in Hong Kong?
- The highest recorded value was 21.11 % change on previous year in 1981.
- What is the lowest government spending vs. gdp, annual growth rate recorded in Hong Kong?
- The lowest recorded value was -3.9 % change on previous year in 2023.
- How does Hong Kong rank for government spending vs. gdp, annual growth rate?
- Hong Kong ranks 102nd out of 166 countries with data for 2025.
- Is government spending vs. gdp, annual growth rate rising or falling in Hong Kong?
- Over the last ten years it is down 52.7%. The long-run trend across the full record is volatile.
- Where does this Hong Kong data come from?
- The figures come from Statizoid (derived), published as part of Government spending vs. GDP, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 64 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Government spending vs. GDP. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Government spending vs. GDP National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Government spending vs. GDP. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.