Annual growth of exports of goods and services in Hong Kong
Hong Kong: Annual growth of exports of goods and services was 4.8% in 2024. ◆ Volatile
Annual growth of exports of goods and services in Hong Kong, 2000–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
Hong Kong recorded 4.8% for annual growth of exports of goods and services in 2024.
That represents a change of up 173.5% on the previous year and up 390.7% over ten years.
Over the whole period, annual growth of exports of goods and services in Hong Kong peaked at 17.6% in 2010 and was at its lowest, -12.5%, in 2022.
That places Hong Kong 74th out of 176 countries with data for 2024, 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 growth of exports of goods and services in Hong Kong, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 16.9% | — |
| 2001 | -1.1% | -106.2% |
| 2002 | 8.6% | -915.2% |
| 2003 | 13.1% | +53.0% |
| 2004 | 16.1% | +23.0% |
| 2005 | 12.2% | -24.5% |
| 2006 | 10.2% | -16.4% |
| 2007 | 8.2% | -19.0% |
| 2008 | 3.5% | -57.3% |
| 2009 | -9.1% | -359.1% |
| 2010 | 17.6% | -292.7% |
| 2011 | 4.8% | -72.6% |
| 2012 | 3.2% | -33.5% |
| 2013 | 7.8% | +144.4% |
| 2014 | 1.0% | -87.6% |
| 2015 | -1.4% | -241.2% |
| 2016 | 0.7% | -149.6% |
| 2017 | 5.8% | +760.3% |
| 2018 | 3.6% | -37.6% |
| 2019 | -6.2% | -268.5% |
| 2020 | -6.7% | +8.6% |
| 2021 | 17.0% | -355.1% |
| 2022 | -12.5% | -173.6% |
| 2023 | -6.5% | -48.3% |
| 2024 | 4.8% | -173.5% |
Hong Kong compared with similar countries
- Hong Kong's 4.8% is above the median for high income countries, which is 2.2%, 2.2× the median. (62 countries reporting)
- Hong Kong's 4.8% is below the median for East Asia & Pacific, which is 6.8%, 70% of the median. (28 countries reporting)
Biggest year-on-year movements
Years where Annual growth of exports of goods and services in Hong Kong changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2002 | +915.2% | -1.1% | 8.6% |
| 2017 | +760.3% | 0.7% | 5.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.9% | -9.1% | 16.9% | 10 |
| 2010s | 3.7% | -6.2% | 17.6% | 10 |
| 2020s | -0.8% | -12.5% | 17.0% | 5 |
Countries ranked near Hong Kong
More economy & growth data for Hong Kong
- Foreign direct investment, net outflows (BoP, current US$), gaps 80.54 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.1972 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 10,704 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 125.82 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 3.14 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.3081 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 16,722 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 0.3594 % change on previous year (2023)
- Total reserves (includes gold, current US$), per unit of GDP 1.12 includes gold, current US$ per US$ of GDP (2023)
- Total reserves (includes gold, current US$), per capita 56,469 includes gold, current US$ per person (2023)
Frequently asked questions
- What is annual growth of exports of goods and services in Hong Kong?
- Annual growth of exports of goods and services in Hong Kong was 4.8% in 2024, according to World Bank – processed by Our World in Data.
- What is the highest annual growth of exports of goods and services recorded in Hong Kong?
- The highest recorded value was 17.6% in 2010.
- What is the lowest annual growth of exports of goods and services recorded in Hong Kong?
- The lowest recorded value was -12.5% in 2022.
- How does Hong Kong rank for annual growth of exports of goods and services?
- Hong Kong ranks 74th out of 176 countries with data for 2024.
- Is annual growth of exports of goods and services rising or falling in Hong Kong?
- Over the last ten years it is up 390.7%. The long-run trend across the full record is volatile.
- Where does this Hong Kong data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual growth of exports of goods and services. Statizoid updates them automatically from the source API.
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About this data
Annual growth of exports of goods and services (%).