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Financial Results of the Government of the HKSAR

HK$ million

  2021-22 2022-23 2023-24
Government revenue 693,576 622,147 549,406
Government expenditure 693,339 810,477721,301
Consolidated surplus/(deficit) before issuance and repayment of Government bonds  237 (188,330) (171,895)
Proceeds from issuance of Government bonds 29,124 65,992 72,490
Repayment of Government bonds - - (800)
Consolidated surplus/(deficit) after issuance and repayment of Government bonds  29,361 (122,338) (100,025)
In terms of % of GDP* 1.0 -4.4 -3.4
Fiscal reserves at 31 March 957,128 834,790734,585
In terms of % of GDP* 33.4 29.7 24.6

* Refer to calendar year

Please This link will open in a new windowclick here for the following financial statements :-

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