Budget balance — all countries

Budget balance — Hong Kong

Budget balance in Hong Kong in 2031 — -0.8%. Ranked 47 in the world out of 188. Since 1981, the indicator has fallen by 3.6 pp.

2031 -0.8% +0 pp vs 2030
World rank 47of 188
Period maximum 7.3%2007
Period minimum -9.2%2020

Trend over time

1981–2031 · % of GDP

Budget balance — Hong Kong, 1981–2031-10-50510198119861991199620012006201120162021202620311981: 2.8%1982: -0.4%1983: -1.1%1984: 0.9%1985: 1%1986: 1.8%1987: 3%1988: 3.3%1989: 2%1990: 0.6%1991: 3.1%1992: 2.6%1993: 2%1994: 1%1995: -0.3%1996: 2%1997: 6.3%1998: -1.8%1999: 0.8%2000: -0.6%2001: -4.8%2002: -4.8%2003: -3.2%2004: -0.3%2005: 1%2006: 4%2007: 7.3%2008: 0.2%2009: 1.5%2010: 4.1%2011: 3.8%2012: 3.1%2013: 1%2014: 3.6%2015: 0.6%2016: 4.4%2017: 5.5%2018: 2.3%2019: -0.6%2020: -9.2%2021: 0%2022: -6.6%2023: -5.7%2024: -5.8%2025: -4.8%2026: -5.2%2027: -3.3%2028: -1.3%2029: -0.8%2030: -0.8%2031: -0.8%
Change over the period: −3.6 pp Annual average: -0.07 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Hong Kong

Hong Kong -0.8%
World computed -4.85%
East Asia & Pacific computed -5.66%
Eastern Asia computed -6.66%
High-income countries computed -4.26%
Budget balance — Hong Kong, by year Hong Kong All countries CSV XLSX
Year % Change, pp
2031 -0.8 +0 pp
2030 -0.8 +0 pp
2029 -0.8 +0.5 pp
2028 -1.3 +2 pp
2027 -3.3 +1.9 pp
2026 -5.2 −0.4 pp
2025 -4.8 +1 pp
2024 -5.8 −0.1 pp
2023 -5.7 +0.9 pp
2022 -6.6 −6.6 pp
2021 0 +9.2 pp
2020 -9.2 −8.6 pp
2019 -0.6 −2.9 pp
2018 2.3 −3.2 pp
2017 5.5 +1.1 pp
2016 4.4 +3.8 pp
2015 0.6 −3 pp
2014 3.6 +2.6 pp
2013 1 −2.1 pp
2012 3.1 −0.7 pp
2011 3.8 −0.3 pp
2010 4.1 +2.6 pp
2009 1.5 +1.3 pp
2008 0.2 −7.1 pp
2007 7.3 +3.3 pp
2006 4 +3 pp
2005 1 +1.3 pp
2004 -0.3 +2.9 pp
2003 -3.2 +1.6 pp
2002 -4.8 +0 pp
2001 -4.8 −4.2 pp
2000 -0.6 −1.4 pp
1999 0.8 +2.6 pp
1998 -1.8 −8.1 pp
1997 6.3 +4.3 pp
1996 2 +2.3 pp
1995 -0.3 −1.3 pp
1994 1 −1 pp
1993 2 −0.6 pp
1992 2.6 −0.5 pp
1991 3.1 +2.5 pp
1990 0.6 −1.4 pp
1989 2 −1.3 pp
1988 3.3 +0.3 pp
1987 3 +1.2 pp
1986 1.8 +0.8 pp
1985 1 +0.1 pp
1984 0.9 +2 pp
1983 -1.1 −0.7 pp
1982 -0.4 −3.2 pp
1981 2.8

Eastern Asia, 2031

The same indicator for neighboring countries — with links to their pages

About the indicator

Net lending or net borrowing of general government as a percent of GDP — what is commonly called the budget deficit, taken with a plus sign when there is a surplus. General government includes regions, local authorities and extrabudgetary funds, so the quantity is fuller than the balance of the central budget alone. The IMF series runs with a forecast several years ahead.

Important: Negative values are deficits. Accumulated deficits are what government debt is, so the two indicators are worth looking at together: a country can live with a deficit for years and carry a small debt all the same, if its economy grows faster.

Source: World Economic Outlook (IMF), license IMF open data.