Hong Kong SAR, China - General government final consumption expenditure

General government final consumption expenditure (current US$)

The latest value for General government final consumption expenditure (current US$) in Hong Kong SAR, China was $44,055,200,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $44,055,200,000 in 2020 and $87,419,730 in 1961.

Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 $103,275,500
1961 $87,419,730
1962 $92,431,050
1963 $105,423,400
1964 $119,714,900
1965 $126,003,500
1966 $141,908,300
1967 $162,157,500
1968 $168,444,200
1969 $184,127,600
1970 $214,991,900
1971 $235,199,400
1972 $302,407,200
1973 $416,788,100
1974 $546,943,300
1975 $602,407,200
1976 $701,149,900
1977 $877,091,400
1978 $1,043,833,000
1979 $1,240,530,000
1980 $1,622,154,000
1981 $2,119,049,000
1982 $2,337,765,000
1983 $2,210,400,000
1984 $2,272,320,000
1985 $2,500,899,000
1986 $2,866,608,000
1987 $3,179,154,000
1988 $3,651,038,000
1989 $4,353,902,000
1990 $5,259,314,000
1991 $6,341,492,000
1992 $7,949,900,000
1993 $8,998,009,000
1994 $10,242,740,000
1995 $11,611,210,000
1996 $13,007,900,000
1997 $14,266,030,000
1998 $15,241,500,000
1999 $15,933,610,000
2000 $16,081,480,000
2001 $17,285,480,000
2002 $17,692,110,000
2003 $17,741,180,000
2004 $17,508,220,000
2005 $16,788,090,000
2006 $16,972,240,000
2007 $17,813,080,000
2008 $19,008,710,000
2009 $19,674,400,000
2010 $20,255,750,000
2011 $21,649,150,000
2012 $23,891,240,000
2013 $25,602,370,000
2014 $27,626,160,000
2015 $29,833,460,000
2016 $31,945,810,000
2017 $33,548,090,000
2018 $35,902,280,000
2019 $39,489,650,000
2020 $44,055,200,000

General government final consumption expenditure (current LCU)

The value for General government final consumption expenditure (current LCU) in Hong Kong SAR, China was 341,745,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 341,745,000,000 in 2020 and a minimum value of 471,000,000 in 1961.

Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 556,427,800
1961 471,000,000
1962 498,000,000
1963 568,000,000
1964 645,000,000
1965 722,000,000
1966 814,000,000
1967 932,000,000
1968 1,025,000,000
1969 1,122,000,000
1970 1,307,000,000
1971 1,402,000,000
1972 1,706,000,000
1973 2,145,000,000
1974 2,752,000,000
1975 2,973,000,000
1976 3,439,000,000
1977 4,089,000,000
1978 4,889,000,000
1979 6,206,000,000
1980 8,072,000,000
1981 11,844,000,000
1982 14,190,000,000
1983 16,059,000,000
1984 17,765,000,000
1985 19,484,000,000
1986 22,369,000,000
1987 24,792,000,000
1988 28,500,000,000
1989 33,960,000,000
1990 40,969,000,000
1991 49,281,000,000
1992 61,537,000,000
1993 69,605,000,000
1994 79,160,000,000
1995 89,822,000,000
1996 100,607,000,000
1997 110,449,000,000
1998 118,050,000,000
1999 123,605,000,000
2000 125,294,000,000
2001 134,806,000,000
2002 137,979,000,000
2003 138,147,000,000
2004 136,354,000,000
2005 130,566,000,000
2006 131,837,000,000
2007 138,967,000,000
2008 148,017,000,000
2009 152,512,000,000
2010 157,371,000,000
2011 168,517,000,000
2012 185,310,000,000
2013 198,572,000,000
2014 214,216,000,000
2015 231,263,000,000
2016 247,973,000,000
2017 261,447,000,000
2018 281,420,000,000
2019 309,437,000,000
2020 341,745,000,000

General government final consumption expenditure (constant 2010 US$)

The latest value for General government final consumption expenditure (constant 2010 US$) in Hong Kong SAR, China was 37,580,650,000 as of 2020. Over the past 59 years, the value for this indicator has fluctuated between 37,580,650,000 in 2020 and 1,676,055,000 in 1961.

Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1961 1,676,055,000
1962 1,750,753,000
1963 1,933,512,000
1964 2,124,133,000
1965 2,295,434,000
1966 2,553,004,000
1967 2,816,414,000
1968 2,973,562,000
1969 3,243,375,000
1970 3,408,161,000
1971 3,512,515,000
1972 3,740,541,000
1973 4,128,637,000
1974 4,505,948,000
1975 4,808,899,000
1976 5,104,884,000
1977 5,551,728,000
1978 6,074,505,000
1979 6,688,268,000
1980 7,203,407,000
1981 8,724,111,000
1982 9,223,523,000
1983 9,813,024,000
1984 10,221,230,000
1985 10,522,150,000
1986 11,187,480,000
1987 11,564,560,000
1988 12,027,580,000
1989 12,657,070,000
1990 13,324,530,000
1991 14,405,020,000
1992 16,349,990,000
1993 16,778,520,000
1994 17,445,300,000
1995 18,016,490,000
1996 18,749,770,000
1997 19,287,830,000
1998 19,503,380,000
1999 20,181,510,000
2000 20,675,420,000
2001 21,984,720,000
2002 22,615,560,000
2003 23,153,170,000
2004 23,474,090,000
2005 22,871,110,000
2006 23,075,320,000
2007 23,804,780,000
2008 24,287,010,000
2009 24,851,120,000
2010 25,684,260,000
2011 26,314,540,000
2012 27,251,250,000
2013 27,988,350,000
2014 28,845,860,000
2015 29,833,460,000
2016 30,859,920,000
2017 31,735,860,000
2018 33,081,660,000
2019 34,758,620,000
2020 37,580,650,000

General government final consumption expenditure (annual % growth)

The value for General government final consumption expenditure (annual % growth) in Hong Kong SAR, China was 8.12 as of 2020. As the graph below shows, over the past 58 years this indicator reached a maximum value of 21.11 in 1981 and a minimum value of -2.57 in 2005.

Definition: Annual percentage growth of general government final consumption expenditure based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. General government final consumption expenditure (general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1962 4.46
1963 10.44
1964 9.86
1965 8.06
1966 11.22
1967 10.32
1968 5.58
1969 9.07
1970 5.08
1971 3.06
1972 6.49
1973 10.38
1974 9.14
1975 6.72
1976 6.15
1977 8.75
1978 9.42
1979 10.10
1980 7.70
1981 21.11
1982 5.72
1983 6.39
1984 4.16
1985 2.94
1986 6.32
1987 3.37
1988 4.00
1989 5.23
1990 5.27
1991 8.11
1992 13.50
1993 2.62
1994 3.97
1995 3.27
1996 4.07
1997 2.87
1998 1.12
1999 3.48
2000 2.45
2001 6.33
2002 2.87
2003 2.38
2004 1.39
2005 -2.57
2006 0.89
2007 3.16
2008 2.03
2009 2.32
2010 3.35
2011 2.45
2012 3.56
2013 2.70
2014 3.06
2015 3.42
2016 3.44
2017 2.84
2018 4.24
2019 5.07
2020 8.12

General government final consumption expenditure (constant LCU)

The value for General government final consumption expenditure (constant LCU) in Hong Kong SAR, China was 334,560,000,000 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 334,560,000,000 in 2020 and a minimum value of 14,921,000,000 in 1961.

Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1961 14,921,000,000
1962 15,586,000,000
1963 17,213,000,000
1964 18,910,000,000
1965 20,435,000,000
1966 22,728,000,000
1967 25,073,000,000
1968 26,472,000,000
1969 28,874,000,000
1970 30,341,000,000
1971 31,270,000,000
1972 33,300,000,000
1973 36,755,000,000
1974 40,114,000,000
1975 42,811,000,000
1976 45,446,000,000
1977 49,424,000,000
1978 54,078,000,000
1979 59,542,000,000
1980 64,128,000,000
1981 77,666,000,000
1982 82,112,000,000
1983 87,360,000,000
1984 90,994,000,000
1985 93,673,000,000
1986 99,596,000,000
1987 102,953,000,000
1988 107,075,000,000
1989 112,679,000,000
1990 118,621,000,000
1991 128,240,000,000
1992 145,555,000,000
1993 149,370,000,000
1994 155,306,000,000
1995 160,391,000,000
1996 166,919,000,000
1997 171,709,000,000
1998 173,628,000,000
1999 179,665,000,000
2000 184,062,000,000
2001 195,718,000,000
2002 201,334,000,000
2003 206,120,000,000
2004 208,977,000,000
2005 203,609,000,000
2006 205,427,000,000
2007 211,921,000,000
2008 216,214,000,000
2009 221,236,000,000
2010 228,653,000,000
2011 234,264,000,000
2012 242,603,000,000
2013 249,165,000,000
2014 256,799,000,000
2015 265,591,000,000
2016 274,729,000,000
2017 282,527,000,000
2018 294,508,000,000
2019 309,437,000,000
2020 334,560,000,000

General government final consumption expenditure (% of GDP)

General government final consumption expenditure (% of GDP) in Hong Kong SAR, China was 12.71 as of 2020. Its highest value over the past 60 years was 12.71 in 2020, while its lowest value was 5.17 in 1965.

Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 7.82
1961 6.32
1962 5.73
1963 5.45
1964 5.43
1965 5.17
1966 5.70
1967 6.02
1968 6.20
1969 5.77
1970 5.66
1971 5.25
1972 5.30
1973 5.19
1974 5.83
1975 6.00
1976 5.45
1977 5.58
1978 5.70
1979 5.51
1980 5.62
1981 6.82
1982 7.24
1983 7.39
1984 6.78
1985 7.01
1986 6.98
1987 6.28
1988 6.11
1989 6.33
1990 6.84
1991 7.13
1992 7.62
1993 7.48
1994 7.54
1995 8.03
1996 8.14
1997 8.04
1998 9.02
1999 9.61
2000 9.37
2001 10.20
2002 10.64
2003 10.99
2004 10.35
2005 9.25
2006 8.77
2007 8.42
2008 8.67
2009 9.19
2010 8.86
2011 8.71
2012 9.10
2013 9.29
2014 9.48
2015 9.64
2016 9.96
2017 9.83
2018 9.93
2019 10.88
2020 12.71

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts