Hong Kong SAR, China Budget Deficit
General government net lending/borrowing as % of GDP GGXCNL_NGDP
Overview
Hong Kong SAR, China's budget deficit stood at -4.82% in 2025, a rise of +1.00% from 2024. The IMF projects -4.82% by 2025. Hong Kong SAR, China ranked 139th globally.
Data & projection
| Year | Budget Deficit | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 0.54% | - | - |
| 2029* IMF | 0.54% | - | - |
| 2028* IMF | -0.50% | - | - |
| 2027* IMF | -1.54% | - | - |
| 2026* IMF | -3.23% | - | - |
| 2025* IMF | -4.82% | - | - |
| 2025 | -4.82% | +1.00% | #139 |
| 2024 | -5.82% | −0.17% | #37 |
| 2023 | -5.65% | +0.93% | #31 |
| 2022 | -6.58% | −6.58% | #29 |
| 2021 | 0.01% | +9.24% | #167 |
| 2020 | -9.23% | −8.65% | #44 |
| 2019 | -0.58% | −2.93% | #119 |
| 2018 | 2.35% | −3.14% | #165 |
| 2017 | 5.49% | +1.11% | #186 |
| 2016 | 4.39% | +3.79% | #184 |
| 2015 | 0.60% | −3.00% | #172 |
| 2014 | 3.59% | +2.58% | #178 |
| 2013 | 1.01% | −2.14% | #165 |
| 2012 | 3.14% | −0.63% | #165 |
| 2011 | 3.77% | −0.37% | #172 |
Detected Pattern
Analysis
Hong Kong SAR, China matched the Export Boom Cycle pattern in 2017. Historically, 71% of countries showing this pattern (546 out of 768) saw budget deficit improve within 24 months. View full analysis →
Frequently Asked Questions
Hong Kong SAR, China's budget deficit was -4.82% in 2025. Ranked 139th globally. This represents a 17.2% increase from the previous year.
Hong Kong SAR, China's budget deficit peaked at 7.34% in 2007.
The lowest budget deficit in Hong Kong SAR, China was -9.23% in 2020.
Hong Kong SAR, China ranks 139th globally in budget deficit as of 2025.
The World Bank indicator code is GGXCNL_NGDP. Data sourced from IMF WEO.
Hong Kong SAR, China's budget deficit is projected to reach -4.82% by 2025 based on IMF projection.
The budget deficit of Hong Kong SAR, China in 2025 was -4.82%. This ranks 139th in the world.
Cite this page
@misc{historysaid_hong-kong-sar-china_budget-deficit,
title = {Hong Kong SAR, China Budget Deficit},
url = {https://historysaid.com/hong-kong-sar-china/budget-deficit},
publisher = {HistorySaid},
year = {2026}
}