Hong Kong Government Budget
-4.8%▲ +1.03 pt
Dec 2025 · Annual
Hong Kong's budget deficit narrowed to 4.77% of GDP in 2025, from 5.79% in the prior year. The deficit remains well below the all-time low of -9.23% recorded in 2020, but is still negative. The series dates back to 1981.
| Actual | Previous | Highest | Lowest | Dates | Frequency |
|---|---|---|---|---|---|
| -4.8% | -5.8% | 7.3%Dec 2007 | -9.2%Dec 2020 | 1981 – 2025 | Annual |
Related indicators
| Indicator | Last | Previous | Highest | Lowest | Last updated | Frequency |
|---|---|---|---|---|---|---|
| Government Debt to GDP | 11.9% | 9.2% | 11.9% | 0.1% | Dec 2025 | Annual |
About this series
Government Budget in Hong Kong averaged 0.3% from 1981 until 2025, reaching an all-time high of 7.3% in Dec 2007 and a record low of -9.2% in Dec 2020. The series is reported yearly with history from 1981.
The budget balance as a percentage of GDP measures the difference between government revenues and expenditures relative to the size of the economy. It is reported annually, expressed as a percentage of GDP. Data are available from 1981.
Source & methodology
We use primary economic sources for every country. See our methodology page for how we source and verify this data.
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