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Hong Kong SAR, China Government Spending

Government expenditure as % of GDP  GC.XPN.TOTL.GD.ZS


Overview

Data & projection

Year Government Spending YoY change Rank

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +11.7% GDP growth 3.8% C/A balance 4.6%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

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 government spending improve within 24 months. View full analysis →

Frequently Asked Questions

What is the World Bank indicator code for government spending?▾

The World Bank indicator code is GC.XPN.TOTL.GD.ZS. Data sourced from World Bank.

Cite this page

APA
Hong Kong SAR, China Government Spending. HistorySaid. Retrieved October 21, 2026, from https://historysaid.com/hong-kong-sar-china/government-spending/
BibTeX
@misc{historysaid_hong-kong-sar-china_government-spending, title = {Hong Kong SAR, China Government Spending}, url = {https://historysaid.com/hong-kong-sar-china/government-spending/}, publisher = {HistorySaid}, year = {2026} }
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