Government spending as share of GDP vs. GDP per capita in Hong Kong, China
Hong Kong, China: Government spending as share of GDP vs. GDP per capita was 23.3% in 2024. ▲ Rising
Latest (2024)
23.3%
Change on year
down 1.9%
World rank
103rd
of 151 countries
All-time high
29.9%
in 2020
All-time low
9.0%
in 1977
Years of data
64
1961–2024
Government spending as share of GDP vs. GDP per capita in Hong Kong, China, 1961–2024
Source: International Monetary Fund (2025) – with minor processing by Our World in Data. Measured in % of GDP.
Analysis
Hong Kong, China recorded 23.3% for government spending as share of gdp vs. gdp per capita in 2024.
Compared with earlier readings it is down 1.9% on the previous year and up 34.8% over ten years.
Over the whole period, government spending as share of gdp vs. gdp per capita in Hong Kong, China peaked at 29.9% in 2020 and was at its lowest, 9.0%, in 1977.
That places Hong Kong, China 103rd out of 151 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 64 years of available data.
Government spending as share of GDP vs. GDP per capita in Hong Kong, China, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1961 | 12.7% | — |
| 1962 | 12.8% | +0.3% |
| 1963 | 12.4% | -3.1% |
| 1964 | 12.1% | -2.5% |
| 1965 | 12.6% | +4.6% |
| 1966 | 12.6% | -0.2% |
| 1967 | 11.9% | -5.5% |
| 1968 | 11.7% | -2.1% |
| 1969 | 10.8% | -7.4% |
| 1970 | 10.8% | +0.3% |
| 1971 | 11.1% | +2.5% |
| 1972 | 13.6% | +22.6% |
| 1973 | 13.0% | -4.5% |
| 1974 | 14.0% | +7.8% |
| 1975 | 13.3% | -5.4% |
| 1976 | 11.7% | -12.1% |
| 1977 | 9.0% | -22.8% |
| 1978 | 10.5% | +16.5% |
| 1979 | 9.9% | -6.0% |
| 1980 | 9.7% | -1.8% |
| 1981 | 17.1% | +77.0% |
| 1982 | 16.7% | -2.7% |
| 1983 | 15.5% | -7.1% |
| 1984 | 13.3% | -13.8% |
| 1985 | 14.5% | +8.8% |
| 1986 | 12.7% | -12.5% |
| 1987 | 11.8% | -7.3% |
| 1988 | 11.7% | -0.7% |
| 1989 | 13.0% | +11.1% |
| 1990 | 13.8% | +6.6% |
| 1991 | 12.8% | -7.4% |
| 1992 | 13.5% | +5.7% |
| 1993 | 15.3% | +13.1% |
| 1994 | 15.4% | +0.4% |
| 1995 | 16.1% | +4.5% |
| 1996 | 14.4% | -10.5% |
| 1997 | 14.1% | -1.6% |
| 1998 | 18.5% | +31.2% |
| 1999 | 17.1% | -7.9% |
| 2000 | 17.5% | +2.2% |
| 2001 | 18.2% | +4.5% |
| 2002 | 18.5% | +1.4% |
| 2003 | 19.6% | +5.7% |
| 2004 | 18.2% | -6.9% |
| 2005 | 16.2% | -11.0% |
| 2006 | 14.8% | -8.4% |
| 2007 | 13.9% | -6.1% |
| 2008 | 18.6% | +33.7% |
| 2009 | 17.3% | -7.2% |
| 2010 | 16.6% | -4.0% |
| 2011 | 18.6% | +12.2% |
| 2012 | 18.3% | -1.8% |
| 2013 | 20.0% | +9.5% |
| 2014 | 17.3% | -13.9% |
| 2015 | 18.0% | +4.5% |
| 2016 | 18.3% | +1.2% |
| 2017 | 17.4% | -4.9% |
| 2018 | 18.4% | +5.9% |
| 2019 | 21.0% | +13.9% |
| 2020 | 29.9% | +42.8% |
| 2021 | 25.4% | -15.0% |
| 2022 | 28.3% | +11.4% |
| 2023 | 23.7% | -16.2% |
| 2024 | 23.3% | -1.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 12.2% | 10.8% | 12.8% | 9 |
| 1970s | 11.7% | 9.0% | 14.0% | 10 |
| 1980s | 13.6% | 9.7% | 17.1% | 10 |
| 1990s | 15.1% | 12.8% | 18.5% | 10 |
| 2000s | 17.3% | 13.9% | 19.6% | 10 |
| 2010s | 18.4% | 16.6% | 21.0% | 10 |
| 2020s | 26.1% | 23.3% | 29.9% | 5 |
Countries ranked near Hong Kong, China
More economy & growth data for Hong Kong, China
- Manufacturing, value added (current US$), per unit of GDP 0.0093 current US$ per US$ of GDP (2024)
- Manufacturing, value added (current US$), per capita 507.13 current US$ per person (2024)
- Manufacturing, value added (current LCU), per unit of GDP 0.0729 current LCU per US$ of GDP (2024)
- Manufacturing, value added (current LCU), per capita 3,958 current LCU per person (2024)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.0088 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 502.09 constant 2015 US$ per person (2025)
- 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)
Frequently asked questions
- What is government spending as share of gdp vs. gdp per capita in Hong Kong, China?
- Government spending as share of gdp vs. gdp per capita in Hong Kong, China was 23.3% in 2024, according to International Monetary Fund (2025) – with minor processing by Our World in Data.
- What is the highest government spending as share of gdp vs. gdp per capita recorded in Hong Kong, China?
- The highest recorded value was 29.9% in 2020.
- What is the lowest government spending as share of gdp vs. gdp per capita recorded in Hong Kong, China?
- The lowest recorded value was 9.0% in 1977.
- How does Hong Kong, China rank for government spending as share of gdp vs. gdp per capita?
- Hong Kong, China ranks 103rd out of 151 countries with data for 2024.
- Is government spending as share of gdp vs. gdp per capita rising or falling in Hong Kong, China?
- Over the last ten years it is up 34.8%. The long-run trend across the full record is rising.
- Where does this Hong Kong, China data come from?
- The figures come from International Monetary Fund (2025) – with minor processing by Our World in Data, published as part of Government spending as share of GDP vs. GDP per capita. Statizoid updates them automatically from the source API.
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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.