Government revenue from property rates in Hong Kong 2015-2024

Published by
Wenyi Zhang,
May 2, 2025

For the fiscal period 2023 to 2024, Hong Kong's government revenue from property rates amounted to around 28 billion Hong Kong dollars, significantly higher than the figures from previous years. 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 FY2024 (in billion Hong Kong dollars)

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Release date

October 2024

Region

Hong Kong

Survey time period

FY2015 to FY2024

Supplementary notes

One Hong Kong dollar equals approximately 0.13 U.S. dollars and 0.11 euros (as of May 2025).

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