Expenditure, General government, Percent of GDP in Hong Kong, China

Hong Kong, China: Expenditure, General government, Percent of GDP was 21.25 in 2031. ▲ Rising

Latest (2031)
21.25
Change on year
unchanged
World rank
19th
of 26 countries
All-time high
29.91
in 2020
All-time low
11.68
in 1988
Years of data
51
1981–2031

Expenditure, General government, Percent of GDP in Hong Kong, China, 1981–2031

0102030198120062031

Source: International Monetary Fund.

Analysis

Hong Kong, China recorded 21.25 for expenditure, general government, percent of gdp in 2031.

The figure is down 10.3% over ten years.

Over the whole period, expenditure, general government, percent of gdp in Hong Kong, China peaked at 29.91 in 2020 and was at its lowest, 11.68, in 1988.

That places Hong Kong, China 19th out of 26 countries with data for 2031, putting it in the middle of the range.

The long-run direction has been consistently rising across the 51 years of available data.

Expenditure, General government, Percent of GDP in Hong Kong, China, year by year

Annual values for Expenditure, General government, Percent of GDP (9/26/2025) in Hong Kong, China, 1981 to 2031.
Year Value Change
1981 17.12
1982 16.66 -2.7%
1983 15.48 -7.1%
1984 13.34 -13.8%
1985 14.51 +8.8%
1986 12.7 -12.5%
1987 11.77 -7.3%
1988 11.68 -0.7%
1989 12.98 +11.1%
1990 13.84 +6.6%
1991 12.81 -7.4%
1992 13.54 +5.7%
1993 15.31 +13.1%
1994 15.37 +0.4%
1995 16.06 +4.5%
1996 14.37 -10.5%
1997 14.14 -1.6%
1998 18.55 +31.2%
1999 17.08 -7.9%
2000 17.46 +2.2%
2001 18.24 +4.5%
2002 18.51 +1.4%
2003 19.56 +5.7%
2004 18.21 -6.9%
2005 16.2 -11.0%
2006 14.84 -8.4%
2007 13.93 -6.1%
2008 18.63 +33.7%
2009 17.29 -7.2%
2010 16.59 -4.0%
2011 18.63 +12.2%
2012 18.29 -1.8%
2013 20.04 +9.5%
2014 17.25 -13.9%
2015 18.03 +4.5%
2016 18.25 +1.2%
2017 17.36 -4.9%
2018 18.39 +5.9%
2019 20.95 +13.9%
2020 29.91 +42.8%
2021 23.71 -20.7%
2022 28.29 +19.4%
2023 23.73 -16.1%
2024 23.18 -2.3%
2025 23.23 +0.2%
2026 22.9 -1.4%
2027 22.85 -0.2%
2028 21.49 -6.0%
2029 21.26 -1.0%
2030 21.25 -0.0%
2031 21.25 +0.0%

Hong Kong, China compared with similar countries

  • Hong Kong, China's 21.25 is below the median for high income countries, which is 37.53, 57% of the median. (13 countries reporting)
  • Hong Kong, China's 21.25 is below the median for East Asia & Pacific, which is 24.32, 87% of the median. (7 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1980s 14.03 11.68 17.12 9
1990s 15.11 12.81 18.55 10
2000s 17.29 13.93 19.56 10
2010s 18.38 16.59 20.95 10
2020s 24.05 21.26 29.91 10
2030s 21.25 21.25 21.25 2

Countries ranked near Hong Kong, China

  1. 16 United Arab Emirates 24.39 compare
  2. 17 Korea 24.32 compare
  3. 18 Thailand 23.3 compare
  4. 20 Egypt 20.27 compare
  5. 21 Ghana 19.17 compare
  6. 22 Chinese Taipei 17.99 compare

See the full ranking of 26 places →

More public sector data for Hong Kong, China

All data for Hong Kong, China →

Frequently asked questions

What is expenditure, general government, percent of gdp in Hong Kong, China?
Expenditure, general government, percent of gdp in Hong Kong, China was 21.25 in 2031, according to International Monetary Fund.
What is the highest expenditure, general government, percent of gdp recorded in Hong Kong, China?
The highest recorded value was 29.91 in 2020.
What is the lowest expenditure, general government, percent of gdp recorded in Hong Kong, China?
The lowest recorded value was 11.68 in 1988.
How does Hong Kong, China rank for expenditure, general government, percent of gdp?
Hong Kong, China ranks 19th out of 26 countries with data for 2031.
Is expenditure, general government, percent of gdp rising or falling in Hong Kong, China?
Over the last ten years it is down 10.3%. 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, published as part of Expenditure, General government, Percent of GDP (9/26/2025). Statizoid updates them automatically from the source API.

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Expenditure, General government, Percent of GDP in Hong Kong, China. Statizoid, drawing on International Monetary Fund. Retrieved 14 September 2026, from https://public-sector.statizoid.com/stat/expenditure-general-government-percent-of-gdp-9-26-2025/hong-kong-sar-china/

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About this data

Indicator
Expenditure, General government, Percent of GDP (9/26/2025)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
26 places, 1,067 data points, 1980–2031
Last refreshed

The World Economic Outlook (WEO) database is created during the biannual WEO exercise, which begins in January and June of each year and results in the April and September/October WEO publication. Selected series from the publication are available in a database format.