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Financial Results of the Government of the HKSAR

HK$ million

 2023-242024-252025-26
Revenue549,406564,909697,469
Expenditure721,301753,220790,330
Deficit before issuance and repayment of Government Bonds(171,895)(188,311)(92,861)
Proceeds received from issuance of Government Bonds72,490130,036156,036
Repayment of principal on Government Bonds80021,99351,951
Surplus/(Deficit) after issuance and repayment of Government Bonds(100,205)(80,268)11,224
In terms of % of GDP*-3.4%-2.5%0.3%
Fiscal reserves at 31 March734,585654,317665,541
In terms of % of GDP*24.6%20.5%20.0%

*The nominal GDP data is sourced from the Office of the Government Economist and is reported on a calendar year basis

Please click here for the following financial statements :-

  • Monthly financial results
  • Quarterly accounts published in the Gazette
  • Cash-based annual accounts
  • Accrual-based consolidated financial statements