Annual gdp growth in Hong Kong
Hong Kong: Annual gdp growth was 3.28 in 2023. ◆ Volatile
Latest (2023)
3.28
Change on year
up 189.1%
World rank
95th
of 211 countries
All-time high
8.7
in 2004
All-time low
-6.54
in 2020
Years of data
24
2000–2023
Annual gdp growth in Hong Kong, 2000–2023
Source: Our World in Data.
Analysis
The most recent figure for annual gdp growth in Hong Kong is 3.28, measured in 2023.
That represents a change of up 189.1% on the previous year and up 5.8% over ten years.
Over the whole period, annual gdp growth in Hong Kong peaked at 8.7 in 2004 and was at its lowest, -6.54, in 2020.
That places Hong Kong 95th out of 211 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual gdp growth in Hong Kong, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 7.66 | — |
| 2001 | 0.56 | -92.7% |
| 2002 | 1.66 | +196.4% |
| 2003 | 3.06 | +84.3% |
| 2004 | 8.7 | +184.3% |
| 2005 | 7.39 | -15.1% |
| 2006 | 7.03 | -4.9% |
| 2007 | 6.46 | -8.1% |
| 2008 | 2.13 | -67.0% |
| 2009 | -2.46 | -215.5% |
| 2010 | 6.77 | -375.2% |
| 2011 | 4.81 | -29.0% |
| 2012 | 1.7 | -64.7% |
| 2013 | 3.1 | +82.4% |
| 2014 | 2.76 | -11.0% |
| 2015 | 2.39 | -13.4% |
| 2016 | 2.18 | -8.8% |
| 2017 | 3.8 | +74.3% |
| 2018 | 2.85 | -25.0% |
| 2019 | -1.67 | -158.6% |
| 2020 | -6.54 | +291.6% |
| 2021 | 6.45 | -198.6% |
| 2022 | -3.68 | -157.1% |
| 2023 | 3.28 | -189.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.22 | -2.46 | 8.7 | 10 |
| 2010s | 2.87 | -1.67 | 6.77 | 10 |
| 2020s | -0.1225 | -6.54 | 6.45 | 4 |
Countries ranked near Hong Kong
More economy & growth data for Hong Kong
- GDP (current US$), annual growth rate 4.64 % change on previous year (2025)
- GDP (current US$), per capita 56,983 current US$ per person (2025)
- GDP (current LCU), annual growth rate 4.55 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 7.8 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 444,301 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 3.49 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.8152 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 46,450 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 3.49 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 7.41 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is annual gdp growth in Hong Kong?
- Annual gdp growth in Hong Kong was 3.28 in 2023, according to Our World in Data.
- What is the highest annual gdp growth recorded in Hong Kong?
- The highest recorded value was 8.7 in 2004.
- What is the lowest annual gdp growth recorded in Hong Kong?
- The lowest recorded value was -6.54 in 2020.
- How does Hong Kong rank for annual gdp growth?
- Hong Kong ranks 95th out of 211 countries with data for 2023.
- Is annual gdp growth rising or falling in Hong Kong?
- Over the last ten years it is up 5.8%. The long-run trend across the full record is volatile.
- Where does this Hong Kong data come from?
- The figures come from Our World in Data, published as part of Annual gdp growth. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).