Fiscal Balance in Hong Kong
The fiscal balance in Hong Kong averaged 0.5% of GDP in the decade to 2022, significantly above the Asia-Pacific region's average of -3.6% of GDP. In 2022, the fiscal balance was -4.3% of GDP. For more fiscal balance information, visit our dedicated page.
Hong Kong Fiscal Balance Chart
Note: This chart displays Fiscal Balance (% of GDP) for Hong Kong from 2013 to 2022.
Source: Macrobond.
Hong Kong Fiscal Balance Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Fiscal Balance (% of GDP) | -0.4 | -8.7 | 1.0 | -4.4 | - |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Hong Kong fiscal balance projections for the next ten years from a panel of 4 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable fiscal balance forecast available for Hong Kong fiscal balance.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Hong Kong fiscal balance projections.
Want to get access to the full dataset of Hong Kong fiscal balance forecasts? Send an email to info@focus-economics.com.