Hong Kong SAR, China Tax Revenue: % of GDP

1979 - 2025 | Quarterly | % | CEIC Data

Key information about Hong Kong SAR (China) Tax revenue: % of GDP

  • Hong Kong SAR (China) Tax revenue: % of GDP was reported at 25.4 % in Dec 2025.
  • This records an increase from the previous number of 6.6 % for Sep 2025.
  • Hong Kong SAR (China) Tax revenue: % of GDP data is updated quarterly, averaging 2.5 % from Sep 1979 to Dec 2025, with 186 observations.
  • The data reached an all-time high of 33.1 % in Mar 2020 and a record low of 2.1 % in Sep 2003.
  • Hong Kong SAR (China) Tax revenue: % of GDP data remains active status in CEIC and is reported by CEIC Data.
  • The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Tax Revenue: % of Nominal GDP: Quarterly.

CEIC calculates quarterly Tax Revenue as % of Nominal GDP from quarterly Tax Revenue and quarterly Nominal GDP. Tax Revenue is calculated as the sum of Direct Taxes and Indirect Taxes. Census and Statistics Department provides Tax Revenue in local currency and Nominal GDP in local currency.

View Hong Kong SAR, China's Tax Revenue: % of GDP from Sep 1979 to Dec 2025 in the chart:

Hong Kong SAR, China Tax Revenue: % of GDP

What was Hong Kong SAR, China's Tax Revenue: % of GDP in Dec 2025?

Hong Kong SAR (China) Tax revenue: % of GDP was reported at 25.4 % in Dec 2025. See the table below for more data.

Last Previous Min Max Unit Frequency Range
25.4 Dec 2025 6.6 Sep 2025 2.1 Sep 2003 33.1 Mar 2020 % quarterly Sep 1979 - Dec 2025

Tax Revenue: % of GDP by Country Comparison

country/region Last Frequency Range
Albania (%) 20.3 2025 yearly 1997 - 2025
Algeria (%) 4.5 2024 yearly 1997 - 2024
Argentina (%) 14.5 Dec 2025 quarterly Mar 2004 - Dec 2025
Armenia (%) 19.2 Dec 2024 quarterly Mar 2008 - Dec 2024
Australia (%) 31.0 Mar 2026 quarterly Sep 2002 - Mar 2026
Austria (%) 31.2 Dec 2025 quarterly Mar 2001 - Dec 2025
Azerbaijan (%) 17.3 2025 yearly 1993 - 2025
Bahrain (%) 5.3 2024 yearly 1990 - 2024
Bangladesh (%) 7.1 2025 yearly 2006 - 2025
Belarus (%) 21.7 Sep 2021 quarterly Mar 2009 - Sep 2021
Belgium (%) 28.8 2025 yearly 1980 - 2025
Bolivia (%) 17.8 2024 yearly 1990 - 2024
Bosnia and Herzegovina (%) 22.3 2024 yearly 2005 - 2024
Botswana (%) 23.2 Dec 2025 quarterly Jun 2007 - Dec 2025
Brazil (%) 18.3 Mar 2026 quarterly Sep 1994 - Mar 2026
Brunei (%) 1.8 2024 yearly 2007 - 2024
Bulgaria (%) 29.3 Mar 2026 quarterly Mar 2003 - Mar 2026
Cambodia (%) 11.5 2024 yearly 2009 - 2024
Canada (%) 14.0 Mar 2026 quarterly Mar 1996 - Mar 2026
Chile (%) 19.5 2025 yearly 1990 - 2025
China (%) 3.6 Mar 2026 quarterly Mar 1995 - Mar 2026
Colombia (%) 16.4 Mar 2026 quarterly Mar 2000 - Mar 2026
Croatia (%) 25.6 Sep 2025 quarterly Mar 1999 - Sep 2025
Cyprus (%) 27.2 Dec 2025 quarterly Mar 1995 - Dec 2025
Czech Republic (%) 19.1 Dec 2025 quarterly Mar 1995 - Dec 2025
Denmark (%) 42.8 Dec 2025 quarterly Mar 1999 - Dec 2025
Ecuador (%) 12.1 Dec 2025 quarterly Mar 2000 - Dec 2025
Egypt (%) 6.0 2025 yearly 2005 - 2025
Estonia (%) 25.4 Dec 2025 quarterly Mar 1999 - Dec 2025
European Union (%) 26.1 2025 yearly 1995 - 2025
Finland (%) 31.7 Dec 2025 quarterly Mar 1999 - Dec 2025
France (%) 14.7 Mar 2026 quarterly Mar 2006 - Mar 2026
Georgia (%) 23.3 Dec 2025 quarterly Mar 2006 - Dec 2025
Germany (%) 22.8 Mar 2026 quarterly Mar 1991 - Mar 2026
Ghana (%) 15.1 Jun 2025 quarterly Mar 2008 - Jun 2025
Greece (%) 30.9 Dec 2025 quarterly Mar 1999 - Dec 2025
Hong Kong SAR, China (%) 25.4 Dec 2025 quarterly Sep 1979 - Dec 2025
Hungary (%) 23.7 Dec 2025 quarterly Mar 1999 - Dec 2025
Iceland (%) 35.5 Dec 2025 quarterly Mar 2002 - Dec 2025
India (%) 7.2 Mar 2026 quarterly Jun 1997 - Mar 2026
Indonesia (%) 7.5 Mar 2026 quarterly Mar 2014 - Mar 2026
Iran (%) 4.9 2023 yearly 1996 - 2023
Ireland (%) 24.1 Dec 2025 quarterly Mar 2000 - Dec 2025
Israel (%) 29.9 Mar 2026 quarterly Mar 2001 - Mar 2026
Italy (%) 37.0 Dec 2025 quarterly Mar 1999 - Dec 2025
Ivory Coast (%) 12.9 2024 yearly 1960 - 2024
Japan (%) 11.6 Mar 2026 quarterly Jun 1983 - Mar 2026
Jordan (%) 16.0 2025 yearly 1999 - 2025
Kazakhstan (%) 16.5 Dec 2025 quarterly Mar 2008 - Dec 2025
Kenya (%) 6.6 2025 yearly 2006 - 2025
South Korea (%) 11.9 Dec 2025 quarterly Mar 2000 - Dec 2025
Kosovo (%) 24.8 Sep 2023 quarterly Mar 2010 - Sep 2023
Kuwait (%) 1.3 2025 yearly 1986 - 2025
Kyrgyzstan (%) 30.2 Mar 2026 quarterly Mar 2007 - Mar 2026
Laos (%) 15.0 2024 yearly 2012 - 2024
Latvia (%) 21.8 Dec 2025 quarterly Mar 1999 - Dec 2025
Lebanon (%) 9.3 2024 yearly 1998 - 2024
Lithuania (%) 23.2 Dec 2025 quarterly Mar 1999 - Dec 2025
Luxembourg (%) 29.5 2025 yearly 1995 - 2025
Macau SAR, China (%) 27.4 2024 yearly 2002 - 2024
North Macedonia (%) 18.0 Mar 2026 quarterly Mar 2004 - Mar 2026
Malawi (%) 13.5 2022 yearly 2009 - 2022
Malaysia (%) 12.1 Dec 2025 quarterly Mar 1991 - Dec 2025
Malta (%) 27.8 Dec 2025 quarterly Mar 1999 - Dec 2025
Mauritius (%) 27.6 Jun 2025 quarterly Mar 2010 - Jun 2025
Mexico (%) 17.8 Mar 2026 quarterly Mar 1993 - Mar 2026
Moldova (%) 21.3 2024 yearly 2004 - 2024
Mongolia (%) 19.4 Mar 2026 quarterly Mar 2000 - Mar 2026
Montenegro (%) 31.0 Mar 2026 quarterly Mar 2012 - Mar 2026
Morocco (%) 21.0 Sep 2024 quarterly Mar 2007 - Sep 2024
Mozambique (%) 18.2 2016 yearly 1996 - 2016
Myanmar (%) 4.4 2021 yearly 2005 - 2021
Nepal (%) 19.1 2018 yearly 2001 - 2018
Netherlands (%) 25.6 Dec 2025 quarterly Mar 1999 - Dec 2025
New Zealand (%) 30.5 2025 yearly 1999 - 2025
Norway (%) 29.7 Dec 2025 quarterly Mar 2002 - Dec 2025
Oman (%) 4.5 2024 yearly 1996 - 2024
Pakistan (%) 11.3 2025 yearly 2001 - 2025
Palestinian Territory (%) 23.4 2024 yearly 2005 - 2024
Panama (%) 6.4 Dec 2025 quarterly Mar 2007 - Dec 2025
Paraguay (%) 10.2 Dec 2025 quarterly Mar 1998 - Dec 2025
Peru (%) 15.5 Mar 2026 quarterly Mar 1990 - Mar 2026
Philippines (%) 14.0 Mar 2026 quarterly Mar 1985 - Mar 2026
Poland (%) 12.2 Mar 2026 quarterly Mar 2007 - Mar 2026
Portugal (%) 24.0 Dec 2025 quarterly Mar 1999 - Dec 2025
Russia (%) 21.4 Dec 2025 quarterly Mar 1996 - Dec 2025
Serbia (%) 36.7 Mar 2026 quarterly Mar 2005 - Mar 2026
Singapore (%) 13.5 Mar 2026 quarterly Dec 1987 - Mar 2026
Slovakia (%) 15.3 Mar 2026 quarterly Mar 2005 - Mar 2026
Slovenia (%) 20.9 Dec 2025 quarterly Mar 2000 - Dec 2025
South Africa (%) 24.3 Dec 2025 quarterly Mar 1990 - Dec 2025
Spain (%) 22.9 2024 yearly 1995 - 2024
Sri Lanka (%) 17.1 Dec 2025 quarterly Mar 2014 - Dec 2025
Sudan (%) 5.6 2021 yearly 2001 - 2021
Sweden (%) 20.3 2025 yearly 1995 - 2025
Switzerland (%) 20.4 2024 yearly 1990 - 2024
Taiwan, China (%) 8.2 Mar 2026 quarterly Mar 1975 - Mar 2026
Tajikistan (%) 19.0 2024 yearly 2000 - 2024
Thailand (%) 13.1 2024 yearly 1990 - 2024
Tunisia (%) 26.7 2025 yearly 1991 - 2025

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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 (HKD mn) -32,458.000 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: DI: Assets (AS) (HKD mn) 92,661.000 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: Capital Account (HKD mn) -268.000 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: CA: Goods: Debit (HKD mn) 1,635,055.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: CFA: Reserve Assets (HKD mn) 46,475.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: FA: Other investment (OI) (HKD mn) 115,527.000 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: PInc: Debit (HKD mn) 430,237.000 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: Financial Derivatives (FD) (HKD mn) 2,073.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: CA: Services: Debit (HKD mn) 195,587.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: FA: OI: Assets (HKD mn) 437,300.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: Overall Balance (HKD mn) 46,475.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: FA: FD: Assets (HKD mn) -128,592.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: CA: SInc: Debit (HKD mn) 11,881.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: Current Account: Debit (HKD mn) 2,272,760.000 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: CA: Services (HKD mn) 37,865.000 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: Credit (HKD mn) 233,452.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: FA: OI: Liabilities (HKD mn) 321,773.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: Capital Account: Credit (HKD mn) 3.000 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: CA: SInc: Credit (HKD mn) 7,090.000 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: Financial Account (FA) (HKD mn) 132,625.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: CA: Primary Income (PInc) (HKD mn) 93,256.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: CA: PInc: Credit (HKD mn) 523,493.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: Capital Account: Debit (HKD mn) 271.000 Dec 2025 quarterly Mar 1999 - Dec 2025
BoP: FA: DI: Liabilities (LB) (HKD mn) 207,995.000 Dec 2025 quarterly Mar 1999 - Dec 2025
External Debt (ED): Total (HKD mn) 16,054,289.000 Dec 2025 quarterly Mar 2002 - Dec 2025
IIP: Net (HKD mn) 19,509,744.000 Dec 2025 quarterly Mar 2010 - Dec 2025
International Investment Position (IIP): Assets (HKD mn) 60,122,806.000 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: Business Situation (BS): sa (%) -5.000 Jun 2026 quarterly Mar 2008 - Jun 2026
BTS: Expected Changes: BS: sa: Retail (%) -3.000 Jun 2026 quarterly Mar 2008 - Jun 2026

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