Government expenditure on tertiary education, PPP$ in Hong Kong, China

Hong Kong, China: Government expenditure on tertiary education, PPP$ was 5,704 millions in 2024. ▲ Rising

Latest (2024)
5,704 millions
Change on year
up 7.8%
World rank
35th
of 148 countries
All-time high
8,425 millions
in 2020
All-time low
1,115 millions
in 1992
Years of data
23
1992–2024

Government expenditure on tertiary education, PPP$ in Hong Kong, China, 1992–2024

2.0k4.0k6.0k8.0k1992200820241992: 1.1k millions1996: 1.7k millions2004: 2.9k millions2005: 2.7k millions2006: 3.0k millions2007: 3.1k millions2008: 3.2k millions2009: 6.5k millions2010: 3.2k millions2011: 3.4k millions2012: 4.3k millions2013: 5.5k millions2014: 4.0k millions2015: 3.8k millions2016: 4.1k millions2017: 3.9k millions2018: 4.3k millions2019: 6.0k millions2020: 8.4k millions2021: 4.6k millions2022: 4.9k millions2023: 5.3k millions2024: 5.7k millions

Source: UNESCO Institute for Statistics. Measured in millions.

Analysis

The most recent figure for government expenditure on tertiary education, ppp$ in Hong Kong, China is 5,704 millions, measured in 2024.

The figure is up 7.8% on the previous year and up 41.3% over ten years.

Over the whole period, government expenditure on tertiary education, ppp$ in Hong Kong, China peaked at 8,425 millions in 2020 and was at its lowest, 1,115 millions, in 1992.

Hong Kong, China ranks 35th of 148 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 23 years of available data.

Government expenditure on tertiary education, PPP$ in Hong Kong, China, year by year

Annual values for Government expenditure on tertiary education, PPP$ (millions) in Hong Kong, China, 1992 to 2024.
Year millions Change
1992 1,115 millions
1996 1,661 millions +49.0%
2004 2,903 millions +74.8%
2005 2,746 millions -5.4%
2006 2,979 millions +8.5%
2007 3,090 millions +3.7%
2008 3,176 millions +2.8%
2009 6,543 millions +106.0%
2010 3,158 millions -51.7%
2011 3,438 millions +8.9%
2012 4,295 millions +24.9%
2013 5,472 millions +27.4%
2014 4,036 millions -26.2%
2015 3,822 millions -5.3%
2016 4,095 millions +7.2%
2017 3,928 millions -4.1%
2018 4,283 millions +9.0%
2019 6,026 millions +40.7%
2020 8,425 millions +39.8%
2021 4,617 millions -45.2%
2022 4,949 millions +7.2%
2023 5,289 millions +6.9%
2024 5,704 millions +7.8%

Averages by decade

DecadeAverage LowestHighest Years
1990s 1,388 millions 1,115 millions 1,661 millions 2
2000s 3,573 millions 2,746 millions 6,543 millions 6
2010s 4,255 millions 3,158 millions 6,026 millions 10
2020s 5,797 millions 4,617 millions 8,425 millions 5

Countries ranked near Hong Kong, China

  1. 32 Venezuela, Bolivarian Republic of 7,420 millions compare
  2. 33 Malaysia 7,261 millions compare
  3. 34 Thailand 6,817 millions compare
  4. 36 Romania 5,620 millions compare
  5. 37 Egypt 5,146 millions compare
  6. 38 Finland 5,074 millions compare

See the full ranking of 148 places →

More education data for Hong Kong, China

All data for Hong Kong, China →

Frequently asked questions

What is government expenditure on tertiary education, ppp$ in Hong Kong, China?
Government expenditure on tertiary education, ppp$ in Hong Kong, China was 5,704 millions in 2024, according to UNESCO Institute for Statistics.
What is the highest government expenditure on tertiary education, ppp$ recorded in Hong Kong, China?
The highest recorded value was 8,425 millions in 2020.
What is the lowest government expenditure on tertiary education, ppp$ recorded in Hong Kong, China?
The lowest recorded value was 1,115 millions in 1992.
How does Hong Kong, China rank for government expenditure on tertiary education, ppp$?
Hong Kong, China ranks 35th out of 148 countries with data for 2024.
Is government expenditure on tertiary education, ppp$ rising or falling in Hong Kong, China?
Over the last ten years it is up 41.3%. The long-run trend across the full record is rising.
Where does this Hong Kong, China data come from?
The figures come from UNESCO Institute for Statistics, published as part of Government expenditure on tertiary education, PPP$ (millions). Statizoid updates them automatically from the source API.

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Government expenditure on tertiary education, PPP$ in Hong Kong, China. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 05 September 2026, from https://education.statizoid.com/stat/government-expenditure-on-tertiary-education-ppp-millions-2/hong-kong-sar-china/

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About this data

Indicator
Government expenditure on tertiary education, PPP$ (millions)
Unit
millions
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
148 places, 2,498 data points, 1984–2024
Last refreshed

February 2026 Data Release