Hong Kong recorded a government budget deficit of 9935 HKD Million in the first quarter of 2025. Government Budget Value in Hong Kong averaged 1848.56 HKD Million from 1976 until 2025, reaching an all time high of 115653.00 HKD Million in the fourth quarter of 2018 and a record low of -166250.00 HKD Million in the third quarter of 2020. source: Census and Statistics Department, Hong Kong

Related	Last	Previous	Unit	Reference
Fiscal Expenditure	187396.00	126947.00	HKD Million	Mar 2025
Government Budget Value	-9935.00	92095.00	HKD Million	Mar 2025
Government Revenues	177461.00	219042.00	HKD Million	Mar 2025
Government Spending	96816.00	108773.00	HKD Million	Jun 2025

Hong Kong Government Budget Value

The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.