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Financial Results of the Government of the HKSAR

HK$ million

  2020-21 2021-22 2022-23
Government revenue 564,230 693,576 622,147
Government expenditure 816,075 693,339 810,477
Consolidated surplus/(deficit) before issuance and repayment of bonds and notes (251,845) 237(188,330)
Net proceeds from issuance of bonds 19,304 29,124 65,992
Repayment of bonds and notes - - -
Consolidated surplus/(deficit) after issuance and repayment of bonds and notes (232,541) 29,361 (122,338)
In terms of % of GDP* -8.7 1.0 -4.3
Fiscal reserves at 31 March 927,767 957,128 834,790
In terms of % of GDP* 34.7 33.4 29.6

* Refer to calendar year

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