Government revenue from property rates in Hong Kong 2015-2023

Published by
Wenyi Zhang,
Apr 15, 2024
For the fiscal period 2022 to 2023, Hong Kong's government revenue from property rates amounted to around 19 billion Hong Kong dollars, significantly decreased from the previous year. Rates in Hong Kong is a kind of property tax, which is charged to the owners of rentable properties and calculated on the valuation of the Rating and Valuation Department of Hong Kong's government.

Government revenue from property rates in Hong Kong from FY2015 to FY2023 (in billion Hong Kong dollars)

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Release date

October 2023

Region

Hong Kong

Survey time period

FY2015 to FY2023

Supplementary notes

One Hong Kong dollar equals approximately 0.13 U.S. dollars and 0.12 euros (as of March 2024).

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