Hong Kong SAR, China - 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

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts