Hong Kong SAR, China Forecast: Government Expenditure

1982 - 2032 | Yearly | HKD bn | International Monetary Fund

Key information about Hong Kong SAR (China) Forecast: Government Expenditure

  • Hong Kong SAR (China) Government Expenditure is forecasted to be 818.404 HKD bn in Mar 2027 as reported by International Monetary Fund.
  • It records an increase from the last reported number of 789.171 HKD bn in Mar 2026.
  • Looking ahead, Hong Kong SAR (China) Government Expenditure is projected to stand at 948.778 HKD bn in Mar 2032.
  • The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: General Government Total Expenditure.

View Hong Kong SAR, China's Forecast: Government Expenditure from 1982 to 2032 in the chart:

Hong Kong SAR, China Forecast: Government Expenditure

What is Hong Kong SAR, China's Forecast: Government Expenditure in 2032?

Hong Kong SAR (China) Government Expenditure is forecasted to be 818.404 HKD bn in Mar 2027 as reported by International Monetary Fund. See the table below for more data.

Last Previous Min Max Unit Frequency Range
948.778 2032 905.854 2031 30.808 1982 948.778 2032 HKD bn yearly 1982 - 2032

Forecast: Government Expenditure by Country Comparison

country/region Last Frequency Range
Afghanistan (AFA bn) 268.305 2026 yearly 2003 - 2026
Albania (ALL bn) 1,214.244 2031 yearly 1997 - 2031
Algeria (DZD bn) 17,028.501 2031 yearly 1990 - 2031
Andorra (%) 38.467 2031 yearly 2001 - 2031
Angola (AOA bn) 44,515.084 2031 yearly 1996 - 2031
Antigua and Barbuda (XCD bn) 1.728 2031 yearly 1990 - 2031
Argentina (ARS bn) 699,041.910 2031 yearly 1993 - 2031
Armenia (AMD bn) 4,938.313 2031 yearly 2005 - 2031
Aruba (%) 21.826 2031 yearly 1995 - 2031
Australia (AUD bn) 1,403.146 2031 yearly 1988 - 2031
Austria (EUR bn) 342.326 2031 yearly 1988 - 2031
Azerbaijan (AZN bn) 60.729 2031 yearly 1994 - 2031
Bahamas (BSD bn) 4.275 2031 yearly 1990 - 2031
Bahrain (BHD bn) 6.636 2031 yearly 1990 - 2031
Bangladesh (BDT bn) 7,011.275 2024 yearly 1980 - 2024
Barbados (BBD bn) 5.542 2032 yearly 1995 - 2032
Belarus (BYN bn) 179.312 2031 yearly 2001 - 2031
Belgium (EUR bn) 425.117 2031 yearly 1980 - 2031
Belize (BZD bn) 2.081 2031 yearly 1996 - 2031
Benin (XOF bn) 4,824.665 2031 yearly 1989 - 2031
Bhutan (BTN bn) 168.699 2031 yearly 1981 - 2031
Bolivia (BOB bn) 160.644 2026 yearly 1981 - 2026
Bosnia and Herzegovina (BAM bn) 37.144 2031 yearly 1998 - 2031
Botswana (BWP bn) 157.475 2032 yearly 1981 - 2032
Brazil (BRL bn) 8,476.375 2031 yearly 2001 - 2031
Brunei (BND bn) 7.759 2031 yearly 1980 - 2031
Bulgaria (BGN bn) 61.035 2031 yearly 1998 - 2031
Burkina Faso (XOF bn) 6,561.884 2031 yearly 1985 - 2031
Burundi (BIF bn) 11,427.610 2031 yearly 1990 - 2031
Cambodia (KHR bn) 58,750.348 2031 yearly 1996 - 2031
Cameroon (XAF bn) 9,013.756 2031 yearly 2000 - 2031
Canada (CAD bn) 1,789.926 2031 yearly 1980 - 2031
Cape Verde (CVE bn) 124.381 2031 yearly 1994 - 2031
Central African Republic (XAF bn) 594.467 2031 yearly 1987 - 2031
Chad (XAF bn) 3,597.607 2031 yearly 1995 - 2031
Chile (CLP bn) 121,587.322 2031 yearly 1990 - 2031
China (RMB bn) 62,904.803 2031 yearly 1982 - 2031
Colombia (COP bn) 872,724.384 2031 yearly 1982 - 2031
Comoros (KMF bn) 198.222 2031 yearly 1984 - 2031
Congo (XAF bn) 2,518.256 2031 yearly 1989 - 2031
Costa Rica (CRC bn) 11,357.490 2031 yearly 1990 - 2031
Croatia (EUR bn) 60.523 2031 yearly 1992 - 2031
Cyprus (EUR bn) 19.522 2031 yearly 1995 - 2031
Czech Republic (CZK bn) 4,793.227 2031 yearly 1995 - 2031
Democratic Republic of Congo (CDF bn) 79,700.848 2031 yearly 1996 - 2031
Denmark (DKK bn) 1,912.461 2031 yearly 1980 - 2031
Djibouti (DJF bn) 208.370 2031 yearly 1990 - 2031
Dominica (XCD bn) 1.130 2031 yearly 1990 - 2031
Dominican Republic (DOP bn) 2,371.314 2031 yearly 1997 - 2031
Ecuador (USD bn) 50.025 2025 yearly 1995 - 2025
Egypt (EGP bn) 7,887.892 2031 yearly 1999 - 2031
El Salvador (SVC bn) 15.230 2031 yearly 1990 - 2031
Equatorial Guinea (XAF bn) 1,562.405 2031 yearly 1980 - 2031
Eritrea (ERN bn) 9.338 2019 yearly 1992 - 2019
Estonia (EUR bn) 25.250 2031 yearly 1995 - 2031
Swaziland (SZL bn) 44.139 2032 yearly 1981 - 2032
Ethiopia (ETB bn) 6,433.148 2031 yearly 1980 - 2031
Fiji (FJD bn) 5.548 2031 yearly 1992 - 2031
Finland (EUR bn) 197.218 2031 yearly 1980 - 2031
France (EUR bn) 1,969.486 2031 yearly 1980 - 2031
Gabon (XAF bn) 5,007.718 2031 yearly 1990 - 2031
Gambia (GMD bn) 75.964 2031 yearly 2000 - 2031
Georgia (GEL bn) 49.134 2031 yearly 1995 - 2031
Germany (EUR bn) 2,798.121 2031 yearly 1991 - 2031
Ghana (GHS bn) 570.915 2031 yearly 1980 - 2031
Greece (EUR bn) 157.178 2031 yearly 1980 - 2031
Grenada (XCD bn) 1.536 2031 yearly 1990 - 2031
Guatemala (GTQ bn) 219.469 2031 yearly 1995 - 2031
Guinea (GNF bn) 99,886.937 2031 yearly 1990 - 2031
Guinea-Bissau (GWP bn) 433.156 2031 yearly 1991 - 2031
Guyana (GYD bn) 2,121.318 2031 yearly 1997 - 2031
Haiti (HTG bn) 747.981 2031 yearly 1997 - 2031
Honduras (HNL bn) 411.077 2031 yearly 1990 - 2031
Hong Kong SAR, China (HKD bn) 948.778 2032 yearly 1982 - 2032
Hungary (HUF bn) 56,951.384 2031 yearly 1995 - 2031
Iceland (ISK bn) 2,985.077 2031 yearly 1980 - 2031
India (INR bn) 182,390.979 2032 yearly 1989 - 2032
Indonesia (IDR bn) 6,406,306.537 2031 yearly 1993 - 2031
Iran (IRR bn) 270,213,445.365 2032 yearly 1991 - 2032
Iraq (IQD bn) 203,217.683 2031 yearly 2004 - 2031
Ireland (EUR bn) 203.016 2031 yearly 1980 - 2031
Israel (ILS bn) 1,244.310 2031 yearly 2000 - 2031
Italy (EUR bn) 1,341.259 2031 yearly 1988 - 2031
Ivory Coast (XOF bn) 21,351.213 2031 yearly 1997 - 2031
Jamaica (JMD bn) 1,607.301 2032 yearly 1991 - 2032
Japan (JPY bn) 308,115.128 2031 yearly 1980 - 2031
Jordan (JOD bn) 19.968 2031 yearly 1985 - 2031
Kazakhstan (KZT bn) 69,450.172 2031 yearly 2002 - 2031
Kenya (KES bn) 7,377.502 2031 yearly 1982 - 2031
Kiribati (AUD bn) 0.633 2031 yearly 1990 - 2031
South Korea (KRW bn) 827,278.828 2031 yearly 1995 - 2031
Kosovo (EUR bn) 5.380 2031 yearly 2000 - 2031
Kuwait (KWD bn) 29.604 2031 yearly 1985 - 2031
Kyrgyzstan (KGS bn) 1,530.511 2031 yearly 1995 - 2031
Laos (LAK bn) 50,372.610 2022 yearly 2000 - 2022
Latvia (EUR bn) 26.738 2031 yearly 1998 - 2031
Lebanon (LBP bn) 478,406.676 2025 yearly 1990 - 2025
Lesotho (LSL bn) 35.285 2032 yearly 1983 - 2032
Liberia (LRD bn) 1.672 2031 yearly 2000 - 2031
Libya (LYD bn) 593.409 2031 yearly 1990 - 2031

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Hong Kong SAR, China Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 0.3 Mar 2026 quarterly Mar 1997 - Mar 2026
Consolidated Fiscal Balance (USD mn) -6,559.335 Mar 2026 monthly Oct 1998 - Mar 2026
Tax Revenue (USD mn) 28,775.452 Dec 2025 quarterly Sep 1979 - Dec 2025
Tax Revenue: % of GDP (%) 25.4 Dec 2025 quarterly Sep 1979 - Dec 2025
National Government Debt (USD mn) 190,786.0 2025 yearly 2003 - 2025
Government Debt: % of GDP (%) 46.1 2025 yearly 2003 - 2025
Forecast: Government Expenditure (HKD bn) 948.778 2032 yearly 1982 - 2032
Forecast: Government Net Debt (HKD bn) 885.007 2032 yearly 2005 - 2032
Forecast: Government Revenue (HKD bn) 915.226 2032 yearly 1982 - 2032
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 2.665 2031 yearly 1980 - 2031
Trade Balance (USD mn) -3,763.8 Apr 2026 monthly Jan 1957 - Apr 2026
Total Exports (USD mn) 79,261.2 Apr 2026 monthly Jan 1957 - Apr 2026
Total Exports Growth (%) 42.9 Apr 2026 monthly Jan 1953 - Apr 2026
Aluminum: Exports (USD th) 177,416.639 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 1,714,519.261 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 346,742.409 2024 yearly 1995 - 2024
Total Imports (USD mn) 83,025.0 Apr 2026 monthly Jan 1957 - Apr 2026
Total Imports Growth (%) 44.4 Apr 2026 monthly Jan 1953 - Apr 2026
Imports: Medicament (USD th) 2,887,691.952 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 917,283.629 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 4,906.390 Apr 2026 monthly Apr 1964 - Apr 2026
Total Imports from USA (USD mn) 2,726.046 Apr 2026 monthly Apr 1964 - Apr 2026
Total Exports to China (USD mn) 49,358.819 Apr 2026 monthly Apr 1964 - Apr 2026
Total Imports from China (USD mn) 37,788.172 Apr 2026 monthly Apr 1964 - Apr 2026
Imports Value Index: sa (2016=100) 117.00 Feb 2018 monthly Jan 2002 - Feb 2018
Total Exports Value Index: sa (2016=100) 113.40 Feb 2018 monthly Jan 2002 - Feb 2018
Total Exports Quantum Index (2016=100) 79.20 Feb 2018 monthly Jan 1982 - Feb 2018
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 11,913.9 Dec 2025 quarterly Mar 1999 - Dec 2025
Current Account Balance (USD mn) 12,214.7 Dec 2025 quarterly Mar 1999 - Dec 2025
Current Account Balance: % of GDP (%) 10.6 Dec 2025 quarterly Mar 1999 - Dec 2025
Foreign Direct Investment (USD mn) 26,742.9 Dec 2025 quarterly Mar 1999 - Dec 2025
Foreign Direct Investment: % of GDP (%) 23.6 Dec 2025 quarterly Mar 1999 - Dec 2025
Foreign Portfolio Investment (USD mn) 8,113.077 Dec 2025 quarterly Mar 1999 - Dec 2025
Foreign Portfolio Investment: % of GDP (%) 7.2 Dec 2025 quarterly Mar 1999 - Dec 2025
Foreign Portfolio Investment: Equity Securities (USD mn) 676.8 Dec 2025 quarterly Mar 1999 - Dec 2025
Foreign Portfolio Investment: Debt Securities (USD mn) 7,436.259 Dec 2025 quarterly Mar 1999 - Dec 2025
External Debt (USD mn) 2,062,658.4 Dec 2025 quarterly Mar 2001 - Dec 2025
External Debt: % of GDP (%) 481.9 2025 yearly 2001 - 2025
External Debt: Short Term (USD mn) 1,237,819.8 Dec 2025 quarterly Mar 2001 - Dec 2025
External Debt: Short Term: % of GDP (%) 289.2 2025 yearly 2001 - 2025
Forecast: Current Account Balance (USD bn) 64.227 2031 yearly 1980 - 2031
Net International Investment Position (USD mn) 2,506,615.960 Dec 2025 quarterly Mar 2010 - Dec 2025
BoP: FA: Portfolio Investment (PI) (HKD mn) 83,884.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: CA: Goods: Debit (HKD mn) 1,635,055.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: Current Account: Credit (HKD mn) 2,366,632.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: CA: Secondary Income (SInc) (HKD mn) -4,791.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: FA: Other investment (OI) (HKD mn) 115,527.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: CA: Goods (HKD mn) -32,458.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: Capital Account (HKD mn) -268.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: CFA: Reserve Assets (HKD mn) 46,475.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: Capital Account: Credit (HKD mn) 3.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: Overall Balance (HKD mn) 46,475.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: FA: Financial Derivatives (FD) (HKD mn) 2,073.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: Net Errors and Omissions (HKD mn) 39,021.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: CA: Services: Debit (HKD mn) 195,587.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: CA: PInc: Credit (HKD mn) 523,493.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: CA: PInc: Debit (HKD mn) 430,237.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: Current Account (CA) (HKD mn) 93,872.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: FA: FD: Liabilities (HKD mn) -130,665.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: FA: OI: Assets (HKD mn) 437,300.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: FA: Direct Investment (DI) (HKD mn) -115,334.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: Current Account: Debit (HKD mn) 2,272,760.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: CA: SInc: Debit (HKD mn) 11,881.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: CA: Goods: Credit (HKD mn) 1,602,597.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: FA: DI: Liabilities (LB) (HKD mn) 207,995.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: CA: Services: Credit (HKD mn) 233,452.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: FA: DI: Assets (AS) (HKD mn) 92,661.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: Capital Account: Debit (HKD mn) 271.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: FA: PI: Liabilities (LB) (HKD mn) 63,100.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: CA: Services (HKD mn) 37,865.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: FA: OI: Liabilities (HKD mn) 321,773.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: FA: FD: Assets (HKD mn) -128,592.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: Financial Account (FA) (HKD mn) 132,625.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: FA: PI: Assets (AS) (HKD mn) 146,985.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: CA: SInc: Credit (HKD mn) 7,090.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: CA: Primary Income (PInc) (HKD mn) 93,256.000 Dec 2025 quarterly Mar 1999 - Dec 2025
External Debt (ED): Total (HKD mn) 16,054,289.000 Dec 2025 quarterly Mar 2002 - Dec 2025
International Investment Position (IIP): Assets (HKD mn) 60,122,806.000 Dec 2025 quarterly Mar 2010 - Dec 2025
IIP: Net (HKD mn) 19,509,744.000 Dec 2025 quarterly Mar 2010 - Dec 2025
IIP: Liabilities (HKD mn) 40,613,062.000 Dec 2025 quarterly Mar 2010 - Dec 2025
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 2.1 Mar 2026 quarterly Mar 1997 - Mar 2026
Household Debt: % of GDP (%) 87.6 Dec 2025 quarterly Mar 1982 - Dec 2025
Money Supply M1 (USD mn) 237,220.283 Mar 2026 monthly Jan 1985 - Mar 2026
Money Supply M2 (USD mn) 2,655,578.187 Mar 2026 monthly Dec 1980 - Mar 2026
M2 Growth (%) 10.0 Apr 2026 monthly Dec 1981 - Apr 2026
Foreign Exchange Reserves (USD mn) 430,477.0 Mar 2026 monthly Apr 2000 - Mar 2026
Foreign Exchange Reserves: % of GDP (%) 99.609 Mar 2026 quarterly Jun 2000 - Mar 2026
Foreign Exchange Reserves: Months of Import (NA) 6.6 Oct 2025 monthly Apr 2000 - Oct 2025
Gold Reserves (USD mn) 312.000 Mar 2026 monthly Dec 1990 - Mar 2026
Total Deposits (USD mn) 2,502,211.258 Mar 2026 monthly Jan 1991 - Mar 2026
Total Deposits Growth (%) 9.1 Mar 2026 monthly Jan 1992 - Mar 2026
Domestic Credit (USD mn) 1,074,992.6 Jan 2026 monthly Dec 1990 - Jan 2026
Domestic Credit Growth (%) 7.2 Jan 2026 monthly Dec 1991 - Jan 2026
Debt Service Ratio: Private Non-Financial Sector (%) 34.000 Sep 2025 quarterly Mar 1999 - Sep 2025
Credit to Households (USD bn) 370.111 Sep 2025 quarterly Dec 1990 - Sep 2025
Credit to Private Non-Financial Sector (USD bn) 1,403.261 Sep 2025 quarterly Dec 1978 - Sep 2025
Household Debt (USD mn) 381,945.7 Mar 2026 quarterly Mar 1982 - Mar 2026
Total Loans (USD mn) 1,340,013.021 Apr 2026 monthly Dec 1978 - Apr 2026
Total Loans Growth (%) 4.70 Mar 2026 monthly Dec 1979 - Mar 2026
Private Debt: % of Nominal GDP (%) 188.87 Mar 2026 quarterly Dec 1973 - Mar 2026
Deposits: Renminbi: Total Outstandings (RMB mn) 554,316.75 Mar 2018 monthly Feb 2004 - Mar 2018
HK: Loans & Advances: Total (HKD mn) 9,652,390.44 Mar 2018 monthly Dec 1978 - Mar 2018
HK: Residential Mortgage: Value: New Loans Made (HKD mn) 29,750.00 Mar 2018 monthly Dec 2000 - Mar 2018
HK: Residential Mortgage: Value: Outstanding Loans (OL) (HKD mn) 1,228,442.00 Mar 2018 monthly Dec 2000 - Mar 2018
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 4.0 Jun 2026 quarterly Mar 2009 - Jun 2026
BTS: Expected Changes: BS: sa: Retail (%) -3.000 Jun 2026 quarterly Mar 2008 - Jun 2026
BTS: Expected Changes: Business Situation (BS): sa (%) -5.000 Jun 2026 quarterly Mar 2008 - Jun 2026

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