21, Jan 2021, EST.

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Country or Region: Hong Kong (Hong Kong SAR (Special Administrative Region)) › Change country
Economic Indicator: General government total expenditure (% of GDP) › See all Hong Kong indicators, › See General government total expenditure (% of GDP) data for all countries
Detailed Analysis for Year: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Hong Kong Dollar
Currency Symbol: HKD

Total expenditure consists of total expense and the net acquisition of nonfinancial assets. Note: Apart from being on an accrual basis, total expenditure differs from the GFSM 1986 definition of total expenditure in the sense that it also takes the disposals of nonfinancial assets into account. See notes for: General government total expenditure (National currency).

General government total expenditure (% of GDP) for Hong Kong in year 2015 is 17.614 %. Total expenditure consists of total expense and the net acquisition of nonfinancial assets. Note: Apart from being on an accrual basis, total expenditure differs from the GFSM 1986 definition of total expenditure in the sense that it also takes the disposals of nonfinancial assets into account.

This makes Hong Kong No. 179 in world rankings according to General government total expenditure (% of GDP) in year 2015. The world's average General government total expenditure (% of GDP) value is 33.88 %; Hong Kong is 16.27 less than the average.

In the previous year, 2014, General government total expenditure (% of GDP) for Hong Kong was 17.26 % General government total expenditure (% of GDP) for Hong Kong in 2015 was or will be 2.08% more than it was or will be in 2014.

In the following or forecasted year, 2016, General government total expenditure (% of GDP) for Hong Kong was or will be 19.20 %, which is 8.98% more than the 2015 figure.